Community Bank Compliance Analyst I

Position Summary: The Compliance Analyst I is primarily designed as a qualified entry level position within the Compliance Department at a community bank, responsible for operational support duties of the Compliance Department including BSA/AML, CRA, and regulatory compliance. This position will work within the team to ensure compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations.

To be considered for this position all candidates MUST have:

Education/Experience: Position requires a High School Diploma and at least five (5) years of banking experience in the lending or branch operations area. Requires one (1) to two (2) years of experience in the banking compliance industry, combined with basic knowledge in lending and/or operations products, services, activities, and terminology; familiarity with lending and/or deposit compliance regulations. Work related experience should consist of a background in Bank BSA and/or CRA compliance; review various areas of compliance related to federal and state laws and regulations; ability to prepare detailed audit reports and other Bank operational policies and procedures; position requires minimal supervision. AND must have:

Reasoning: Must be able to accommodate to reading documents or instruments, detailed work, problem-solving, reasoning, math, language, presentations, effective communication, analytical reasoning, multiple concurrent tasks, and constant interruptions.

Duties and Responsibilities:

1. Provides support to all areas of the department as directed or where service or assistance is needed.
2. Maintains adequate knowledge of all applicable banking rules and regulations.
3. Provides clerical assistance and support in updating compliance procedures and system updates due to regulation changes.
4. Provides clerical support for the process of documenting, tracking, and responding to complaints concerning the Bank's privacy policies and procedures.
5. Performs clerical duties associated with the Bank's Charitable Contributions Program, including employee community service information; processes approved requests for charitable donations.
6. Assists in updating the Bank's CRA Public File(s).
7. Processes, logs, and maintains declined loan files.
8. Performs daily review, monitoring and analysis of various reports, logs and transaction data to identify trends, unusual activity and monitor large currency activity; determines if transactions are suspicious in nature, such as kiting, significant changes in balances, cash structuring in deposits, loan payments and certificate of deposit purchases, wire or ACH transfers, monetary instrument sales, new account openings, etc.
9. Provides clerical assistance and support for the Bank's CRA, HMDA, and Section 1071 data collection, tracking and reporting software systems; submits such information to appropriate regulatory authorities and independent auditors within assigned timelines as directed.
10. Provides clerical assistance in the completion and filing of Suspicious Activity Reports (SARs) ensuring they are properly documented with related narrative and supporting documentation.
11. Works with the Bank's OFAC system and FinCen 314(a) lists and inquiries; responds to positive hits detected by the Bank's AML or OFAC software as directed.
12. Reviews account opening reports for CIP compliance and accuracy; maintains database of missing information for follow up by branch personnel; assists in identifying, monitoring, and tracking of high-risk customers and accounts.
13. Prepares or reviews Currency Transaction Reports (CTRs) for accuracy and filing; reviews daily currency reports to ensure CTRs have been completed for all reportable transactions.
14. Assists in the filing and annual review of CTR exempt customers.
15. Assists with compliance training presentations and exercises with all Bank personnel, including materials presented to employees. Administers the online staff training system and conducts new-hire compliance training.
16. Operates computer terminal or personal computer to review account activity, determine balances and resolve problems within given authority.
17. All other duties as assigned or needed by the Compliance department management personnel.

Organizational Relationships:

• Daily contact with Chief Compliance Officer, Compliance Officer, CRA Officer, Department officers and Bank personnel.

External Business Relationships:

• Telephone and e-mail contact with Bank employees, various agencies, and other vendors.

Working: Must demonstrate a high degree of customer service skills to include the use of tact and diplomacy in daily interactions. Exhibit professional telephone etiquette regularly and have competent time management skills.

Language: Must possess the ability to exercise common sense and carry out written and verbal instructions. Must be able to read and comprehend instructions, with the ability to write reports, general correspondence and memos. Exhibit the ability to effectively present information in one on one, group situations, and other fellow employees of the organization.

Mathematical: Intermediate math skills; ability to calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.

Interpersonal: Possess excellent interpersonal skills to effectively communicate with and take direction from supervisors as well as interact with peers and co-workers. Demonstrate a high degree of professionalism, including the use of tact and diplomacy in daily interactions. Exhibit professional telephone etiquette regularly.

Computer: Word, Excel, Microsoft Office, BSA Monitoring System, CRA system, Silverlake, Cognos, and Synergy.

Physical Requirements:

Travel may be necessary

Must be able to walk long distances to internal and external meetings

Need to be able to stand for long periods of time

Requires the need to sit for extensive periods of time

Requires mental alertness

Able to speak clearly and concisely

Requires keen vision for long periods of time due to reading, writing and close work on computer screens

Must be able to frequently lift 25 pounds or more

A background check is required for this position.