What are the responsibilities and job description for the BSA/AML Compliance Analyst position at Nicolet National Bank?
At Nicolet National Bank, our culture is based on the principles of community banking, putting the needs of our customers at the forefront of our decision-making. Our Core Values drive everything we do, and we are committed to serving our customers with excellence. We believe that every job in our organization is critical to our success, and we are dedicated to creating a work environment where our employes feel valued, respected, and supported. With locations in Wisconsin, Michigan, Minnesota, and Florida we are proud to service our local communities and make a positive impact on the lives of our customers. At Nicolet National Bank, we believe that our people are our most valuable asset, and we are committed to investing in their growth and development.
The BSA/AML Compliance Analyst primary responsibilities include completing required BSA reports, managing alerts generated by the bank’s anti-money laundering system, completing high risk customer reviews, and completing various quality control reviews of Bank Secrecy Act, Anti-Money Laundering, USA Patriot Act, and Customer Identification Program compliance.
As a BSA/AML Compliance Analyst, you will be responsible for the following:
Equal Opportunity Employer/Veterans/Disabled
The BSA/AML Compliance Analyst primary responsibilities include completing required BSA reports, managing alerts generated by the bank’s anti-money laundering system, completing high risk customer reviews, and completing various quality control reviews of Bank Secrecy Act, Anti-Money Laundering, USA Patriot Act, and Customer Identification Program compliance.
As a BSA/AML Compliance Analyst, you will be responsible for the following:
- Completing, reviewing and submitting Currency Transaction Reports (CTR’s).
- Working with frontline staff to get required information for CTR’s and to investigate alerts.
- Completing data validation tasks in the bank’s BSA/AML automation system.
- Assisting with the identification, review and ongoing monitoring of high-risk accounts.
- Other duties as assigned.
- Performs review of transactional alerts that are generated by the AML monitoring system and other ancillary systems.
- Performs review of watchlist alerts that are generated by the AML monitoring system and other ancillary systems.
- Identifies unusual activity that warrants escalation to case investigation.
- Performs various administrative support responsibilities related to the Bank Secrecy Act, adhering to company policy, and procedural guidance of overall BSA compliance.
- High School Diploma.
- 1-3 years of experience in frontline banking environment preferred.
- Bank Secrecy Act/Anti Money Laundering/U.S. Patriot Act, OFAC and Security Regulations - knowledge preferred
- High Risk Customer, Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) - knowledge preferred
- Ability to deal sensitively with highly confidential information.
- Strong organizational, multi-tasking and prioritizing skills.
- Strong analytical skills.
- Effective verbal and written communication skills and strong interpersonal skills.
- Ability to work in a team environment.
- Ability to represent the bank in a professional and positive manner.
- Ability to uphold the bank’s philosophy and policies by maintaining appropriate controls. to assure full compliance with applicable laws and regulations, thereby fulfilling legal responsibilities and enhancing the quality of the bank.
- Medical, Dental, Vision, & Life Insurance
- 401(k) with a company match
- PT0 & 11 1/2 Paid Holidays
Equal Opportunity Employer/Veterans/Disabled