BSA & AML Compliance Specialist

VisionBank; Boone (IA); On-site; USD 65,000 - 90,000; Full time

Job summary

VisionBank in Iowa is seeking a Compliance Analyst to support Bank Secrecy Act, AML/CFT, and OFAC policy administration. Under supervision, you will conduct testing, monitoring, and reviews of customer transactions and bank procedures to ensure regulatory compliance across the organization.

The role involves assisting the Chief Risk Officer with risk reviews, conducting trainings, and performing periodic compliance checks and audits to safeguard operations.

Qualifications

• High school diploma or GED required.
• Minimum two years of banking experience required.
• Preferred experience in compliance.

Responsibilities

• Assist the bank's BSA Officer to ensure compliance with BSA and FinCEN requirements.
• Review customer transactions for Currency Transaction Reports (CTR), Suspicious Activity Reports (SAR), and related monitoring.
• Conduct Customer Due Diligence and Enhanced Due Diligence reviews.

Skills

Analytical skills

Regulatory knowledge

Attention to detail

Education

High school diploma or GED

Tools

Microsoft Office

Job description

VisionBank in Iowa is seeking a Compliance Analyst to support Bank Secrecy Act, AML/CFT, and OFAC policy administration. Under supervision, you will conduct testing, monitoring, and reviews of customer transactions and bank procedures to ensure regulatory compliance across the organization.

The role involves assisting the Chief Risk Officer with risk reviews, conducting trainings, and performing periodic compliance checks and audits to safeguard operations.