BSA/AML Risk & Compliance Analyst

Decorah-Bank-; Decorah (IA); On-site; USD 65,000 - 90,000; Full time

Job summary

Decorah Bank & Trust in Decorah, IA is seeking a full-time Risk Analyst/BSA Officer to develop and oversee the Bank's BSA/AML program and strengthen compliance culture. The role supports governance, risk management, and regulatory initiatives, with emphasis on day-to-day management and reporting.

The position requires implementing training, monitoring regulatory changes, and collaborating with management to address risk, controls, and SAR/OFAC activities, in-office with potential for occasional

Qualifications

• Attention to detail and accuracy in handling regulatory tasks.
• Knowledge of Bank Secrecy Act (BSA) and AML concepts.
• Experience with BSA/AML training and risk assessment processes.
• Proficiency with Excel and basic word processing.
• Ability to interpret regulatory guidance and communicate findings.

Responsibilities

• Maintain and implement the Bank’s BSA/AML program.
• Monitor BSA/AML regulations and report developments to leadership.
• Develop and facilitate BSA/AML training.
• Assess BSA/AML risks and recommend policy and control enhancements.
• Manage BSA/AML software, risk ratings, and reporting.
• Perform due diligence reviews for specific entities and activities.
• Prepare year-end board reports and SAR documentation.
• Coordinate OFAC and 314(a) activity and data scrubs.
• Assist with vendor management documentation and third-party reviews.
• Process garnishments, levies and subpoenas per regulations.

Job description

Decorah Bank & Trust in Decorah, IA is seeking a full-time Risk Analyst/BSA Officer to develop and oversee the Bank's BSA/AML program and strengthen compliance culture. The role supports governance, risk management, and regulatory initiatives, with emphasis on day-to-day management and reporting.

The position requires implementing training, monitoring regulatory changes, and collaborating with management to address risk, controls, and SAR/OFAC activities, in-office with potential for occasional