What are the responsibilities and job description for the Risk Operations Specialist 1 position at KISH BANK?
Summary
Supports Operations and BSA functions by identifying, monitoring, and mitigating risk across internal processes. Performs daily and periodic reviews to ensure compliance with regulatory requirements and internal controls.
Key Responsibilities
- Perform daily, monthly, quarterly, and annual risk and compliance reviews
- Conduct next-day transaction reviews and internal control checks
- Review deposit account maintenance and ensure proper documentation
- Monitor and complete reporting (e.g., debit card, IAT, ACH, FinCEN 314(a))
- Review alerts and activity including Verafin, restricted/dormant accounts, and fraud cases
- Process and review items such as Reg CC holds, stop payments, transfers, and exceptions
- Perform CIP, CDD, OFAC, and missing TIN reviews
- Monitor fraud alerts, investigate cases, and ensure timely resolution
- Maintain accurate records in accordance with regulatory requirements
- Assist with audits, system validations, and regulatory exams
- Remain current on bank policies, systems, and applicable regulations
Qualifications
- Prior banking experience preferred
- Strong attention to detail and organizational skills
- Effective written and verbal communication
- Ability to manage multiple priorities and meet deadlines
- Proficient in Microsoft Office Suite