Mike Ford: contact@bankingcareers.

us Functional Title: Department: SUMMARY Monitor transaction activities within each customer’s custody account(s) and compares that activity against the Bank’s existing BSA/AML profile of that customer. Update profiles/risk matrices of customers to ensure the Bank’s compliance with BSA/AML regulatory requirements. Assist the management to promote compliance with applicable corporate compliance and BSA/AML requirements. JOB FUNCTIONS/DUTIES AND RESPONSIBILITIES Compliance Analyst Regulatory Compliance

1. Monitors transaction activities within each customer’s custody account(s) and compares that activity against the Bank’s existing BSA/AML profile of that customer, using Excel and Access. 2. Monitors both short-term changes and longer term trends in customer account activity against the customer’s existing BSA/AML profile. 3. Determines the accuracy of the existing customer BSA/AML profile as regards account activity and makes any required changes in that profile based on the assessment of account activity. 4. Prepares periodical reports of BSA/AML higher risk countries. 5. Works with the Business Planning and Promotion Department in the timely and accurate updating of customers’ BSA/AML profiles and Risk Matrices. 6. Monitors account activity to identify any unusual or potentially suspicious activities. 7. Participates in board/management/departmental meetings to ensure the effective monitoring of customer account activities. 8. Supports management to perform periodical corporate compliance risk assessment and compliance testing. 9. Supports management to perform periodical compliance meetings and bank-wide compliance seminars and maintaining the bank’s compliance policies and procedures. 10. Improves database and physical filing methods of the Compliance and BSA/AML area. 11. Act as the first backup to the Compliance Officer/ Responsible Officer with regard to certain designated responsibilities.
REQUIREMENTS 1. Bachelor’s degree or equivalent in Business, Banking or Finance, preferably with some banking experience. 2. Basic knowledge of banking compliance issues specifically BSA/AML laws and regulations 3. Basic knowledge and understanding of banking and global custody (preferred) 4. Strong attention to details of data and ability to generate ADVANCED Excel reports (V Lookup, pivot tables, min/max, formulas, etc)

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