Compliance Analyst (Banking), Sr. monitors customer accounts and researches transactions to identify suspicious activity violating current anti-money laundering (AML) regulations defined in the US Bank Secrecy Act (BSA) or other governmental anti-terrorist financing programs. Uses customer data mining and software tools to identify suspicious activity patterns. Being a Compliance Analyst (Banking), Sr. reviews daily Currency Transaction Reports (CTR) and Questionable Activity Reports (QAR), and submits Suspicious Activity Reports (SAR) as appropriate. Ensures adherence to Know your Customer (KYC) protocols. Additionally, Compliance Analyst (Banking), Sr. may lead or participate in investigations of suspicious activity to pursue corrective actions and ensure completion of required filings. Keeps abreast with regulatory changes, risk management best practices, and trending methods used by fraud perpetrators. Delivers compliance training with up-to-date regulatory information and procedures to develop and guide a well-informed staff. Typically requires a bachelor's degree. May have the Certified Anti Money Laundering Specialist (CAMS) certification. Typically reports to a manager. The Compliance Analyst (Banking), Sr. occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Compliance Analyst (Banking), Sr. typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)
PRIMARY PURPOSE: The Senior Relationship Banking Specialist collaborates with the RB Department Manager to direct daily work and provide coaching, development, and support to the retail team. The Sr Banking Specialist models superior service while confidently engaging members using various communication channels to take ownership of the member experience, surpass expectations, and meet their needs. Acts as a senior team member with higher transaction and fund approval limits. This person will also sell deposit accounts and electronic banking services, maintains service delivery channels, processes various digital and in-person account transactions, and facilitates consumer loans.
ESSENTIAL FUNCTIONS include the following. Other duties may be assigned.
QUALIFICATIONS:
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.