Job Description

Job Description

Job Description

Job Title: Compliance/Sr. BSA/AML Analyst

Department: Compliance

Reports To: SVP, Compliance Officer

FLSA Status: Exempt

Summary: The Sr. BSA/AML Analyst will be responsible for developing, implementing, and administering all aspects of the Bank’s Compliance Management and Bank Secrecy Act Programs and will collaborate with the COO in the overall administration of these directives for the Bank. This position performs various quality control reviews and monitoring pertaining to banking regulations, including Bank Secrecy Act, the Bank’s Customer Identification Program compliance using industry standard, and regulatory guidance to ensure the Bank’s compliance efforts are maintained daily.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

• Ensure that the Bank conforms to applicable laws and regulations, reporting requirements, compliance directives and policies such as TILA, RESPA, BSA, Right to Financial Privacy Act, USA Patriot Act, HMDA, ECOA, OFAC, Fair Credit Reporting, Reg DD, Reg CC, Reg E and any other loan, deposit or general banking state and/or federal regulatory requirement.
• Maintain current knowledge of the Bank Secrecy Act and all related anti-money laundering and OFAC regulations.
• Ensure compliance with 314(a) Patriot Act responsibilities.
• Review/ submission of Currency Transactions Reports (CTRs) and Suspicious Activity Reports (SARs).
• Monitors regulatory changes and new laws and advising Senior Management and Bank personnel of emerging compliance issues; consults and guides the Bank in the establishment of controls to mitigate risks.
• Works closely across department lines to monitor and update Bank operating policies and procedures to ensure compliance with applicable laws and regulations.
• Performs daily review, monitoring, and analysis of various reports, logs, and transaction data to identify trends, unusual activity, and large currency activity; determines if transactions are suspicious in nature, such as kiting, significant changes in balances, cash structuring in deposits, loans payments, and certificate of deposit purchases, wire or ACH transfers, monetary instrument sales, new account openings, etc.
• Identifies, through monitoring and internal reviews, procedural and policy related weaknesses and establishes guidelines for the development of systems to resolve deficiencies.
• Performs regular monitoring activities across the compliance spectrum for early identification of compliance weaknesses or concerns.
• Initiates investigative procedures in the event of a violation of a compliance procedure, policy, rule or regulation.
• Reviews and approves all Bank marketing materials, website, and product and service material for regulatory compliance.
• Works with department managers to revise as needed Bank forms and disclosures for compliance with applicable laws and regulations.
• Prepares a quarterly High-Risk report for the Board Compliance Committee.
• Assists with new product and service offerings including researching and answering questions regarding state and/or federal licensing requirements, completion of mandatory filings or registrations as appropriate.
• Assist with the compliance portion of all regulatory examinations and external compliance audits.
• Monitor and respond to customer complaints or issues with the ability to help resolve any issues professionally and timely.
• Develops an annual compliance training schedule for Bank employees and determines compliance training.
• Administers and delivers training to Bank staff, as appropriate.
• Develops and maintains a library of compliance resources and interprets and disseminates information on regulatory matters to all departments of the Bank as necessary.
• Maintains a proficient knowledge of all department and Bank policies, procedures, and regulations.
• Complete other duties as assigned.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Minimum of 5 years related current or recent experience as a Compliance/ BSA/AML Analyst at a Bank preferred.
• Minimum of 2 years’ experience with BSA/AML Monitoring Software, Verafin experience would be preferred.
• Comprehensive knowledge and understanding of Federal and State regulations. The ability to interpret regulations and laws to disseminate the information to appropriate staff, and Senior Management.
• Ability to answer complex compliance questions throughout all levels of the Bank.
• Must possess excellent communications skills, both written and verbal.
• Ability to effectively present information one-on-one and in group situations to staff and customers.
• Position requires high degree of accuracy and attention to detail.
• Good organizational and time management skills.
• Exhibit the ability to handle conflict in a professional manner, exhibit professionalism in communication skills to staff at all levels, and must be able to work under the pressure of deadlines

Computer Skills

Proficient in Word, Excel, and Outlook. General working knowledge of Jack Henry SilverLake preferred.

Supervisory Responsibilities

None

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to sit; use hands to finger, handle, or feel; and reach with hands and arms. The employee is occasionally required to stand; walk; and stoop. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision.

Equal Opportunity Employer

Evergreen Bank Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, ethnicity, gender, sexual orientation, gender identity, national origin, veteran status, or disability.

Federal Deposit Insurance Corporation

Evergreen Bank Group is Member FDIC

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