AML & Risk Compliance Specialist

Dieterich Bank; Effingham (IL); On-site; USD 60,000 - 75,000; Full time

Benefits offered by this job

Group Health Insurance

Group Dental & Vision Insurance

Life, AD&D & LTD Insurance

401(k) Plan - Employer matching

Employee Assistance Program+

Discretionary Profit Sharing Plan

Discretionary Bonus Plan

Profit Sharing Plan

Paid Time Off (Holidays, sick time, p​

Job summary

Dieterich Bank in Effingham, IL is seeking a Risk Specialist to support our Risk & BSA team, ensuring compliance with banking laws, regulations, and internal policies. You will monitor programs, review transactions, assist audits, and help identify potential risks.

The role emphasizes attention to detail, organization, and strong communication as you work with regulators, auditors, and branch staff. Some travel for training may be required.

Qualifications

• Must demonstrate our core values of Integrity, Value, Service Excellence, & Teamwork.
• Detail-oriented focus
• Organizational skills
• Ability to use CSI Nupoint, CSI CenterDoc. and Verafin, or the ability to adapt to new programs/software
• Ability to meet deadlines
• Strong communication skills (verbal and written)
• Ability to work effectively with team members
• Knowledge and practice of proper, basic phone etiquette
• Ability to work independently
• Basic accounting knowledge
• Proficient in Microsoft Office

Responsibilities

• Anti‑Money Laundering and Combatting the Financing of Terrorism (AML/CFT) / Office of Foreign Assets Control (OFAC) verification of CTRs & submission through Verafin.
• Annual review of CTR exempt customers.
• New account due diligence review against the Bank's Customer Identification Program and related reviews across subsidiaries.
• Review daily Monarch CIF Relationship Changes Report and track missing items until resolution.
• Review & clear low-level alerts from Verafin.
• Assist the BSA Officer & Assistant BSA Officer as needed in investigations.
• Review and action Money Instrument Report for cash transactions of $3,000 to $10,000.
• Review and action the Dormancy/FDICIA Control Report.
• Assist with internal compliance reviews.
• Assist regulators and external auditors with 3rd party reviews documents.
• Answer questions for Risk & Compliance Help Desk.
• Maintain job knowledge via webinars.
• Nasdaq Verafin clean up and maintenance of RDC, ACH, Foreign Individuals, etc.

Skills

Detail-oriented

Organizational skills

Strong communication skills

Ability to meet deadlines

Independent work

Microsoft Office proficiency

Tools

Verafin

CSI Nupoint

CSI CenterDoc

Job description

Dieterich Bank in Effingham, IL is seeking a Risk Specialist to support our Risk & BSA team, ensuring compliance with banking laws, regulations, and internal policies. You will monitor programs, review transactions, assist audits, and help identify potential risks.

The role emphasizes attention to detail, organization, and strong communication as you work with regulators, auditors, and branch staff. Some travel for training may be required.