BSA/AML Compliance Specialist

Edmonton State Bank; Glasgow (KY); On-site; USD 55,000 - 75,000; Full time

Job summary

Edmonton State Bank in Glasgow, KY is seeking a BSA/AML Compliance Specialist to join our compliance team. You will monitor and investigate activities, review CTRs/SARs, perform CDD checks, and assist with regulatory exams.

The role requires attention to detail, strong communication, and ability to work in a fast-paced banking environment; training on Verafin AML platform will be provided, with opportunities to grow in a supportive team.

Qualifications

• High school diploma or equivalent.
• 2 years of banking experience preferred but not required.
• Multi-tasking ability.
• Strong attention to detail.
• Excellent verbal and written communication skills.
• Experience with Microsoft Excel, Word, and Outlook.
• Ability to perform efficiently at a fast pace while conforming to policies and procedures.
• Team-player mindset and eagerness to help others.

Responsibilities

• Review and investigate unusual activity, alerts, referrals, and high-risk transactions.
• Develop proficiency with AML monitoring within Verafin AML management platform.
• Review new accounts for compliance with Customer Identification Program and Customer Due Diligence requirements.
• Review all accounts opened online and complete CDD information in Verafin.
• Review and monitor accounts for non-US persons.
• Assist bank personnel with BSA-related questions.
• Cross train and serve as a backup for other BSA and deposit compliance duties.
• Assist with preparing regulatory BSA exam and audit requests.
• Assist with oversight of online training program.
• Assist with monitoring of deposit compliance.
• Assist with preparation of annual escheat reporting for unclaimed property.
• Stay up-to-date on regulatory and internal policies, procedures, and changes related to BSA and deposit compliance.
• Assist in the training of staff as needed.
• Perform other related duties as assigned.

Skills

Multi-tasking ability

Attention to detail

Verbal and written communication

Team-player mindset

Fast-paced work ability

Education

High school diploma or equivalent

2 years of banking experience preferred but not required

Tools

Microsoft Excel

Microsoft Word

Microsoft Outlook

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

BSA/AML Compliance Specialist

Full Time Clerical GLASGOW, KY, US

The BSA/AML Analyst reports to the VP of Compliance and receives day-to-day direction from the BSA Officer for completing BSA/AML functions including, but not limited, to monitoring and investigating suspicious activity, CTR review, SAR preparation, OFAC reviews, and customer due diligence.

Qualifications

• High school diploma or equivalent
• 2 years of banking experience preferred but not required
• Multi-tasking ability
• Strong attention to detail
• Excellent verbal and written communication skills
• Experience with Microsoft Excel, Word, and Outlook
• Ability to perform efficiently at a fast pace while conforming to policies and procedures
• Team-player mindset and eagerness to help others

Responsibilities

• Review and investigate unusual activity, alerts, referrals, and high-risk transactions
• Develop proficiency with AML monitoring within Verafin AML management platform
• Review new accounts for compliance with Customer Identification Program and Customer Due Diligence requirements
• Review all accounts opened online and complete CDD information in Verafin
• Review and monitor accounts for non-US persons
• Assist bank personnel with BSA-related questions
• Cross train and serve as a backup for other BSA and deposit compliance duties
• Assist with preparing regulatory BSA exam and audit requests
• Assist with oversight of online training program
• Assist with monitoring of deposit compliance
• Assist with preparation of annual escheat reporting for unclaimed property
• Stay up-to-date on regulatory and internal policies, procedures, and changes related to BSA and deposit compliance
• Assist in the training of staff as needed
• Perform other related duties as assigned

Working Conditions/Physical Demands

• Position operates in a professional office environment
• Routine use of standard office equipment, i.e. computers, phones, photocopiers, calculators, and filing cabinets
• Must be able to remain sedentary 50% of the time
• Employee will occasionally move about inside the office to access file cabinets, office machinery, etc.