The company is looking to ensure compliance with the Bank Secrecy Act (BSA) and the Anti-Money Laundering (AML) laws.
Requirements
- Proficient knowledge of BSA, AML, and OFAC
- 1+ year's of banking experience in a retail, operations, compliance or BSA setting
Responsibilities
- Monitors BSA software, reporting and wire activity as it relates to BSA and AML to identify suspicious account activity
- Conduct analysis on transactional data and alert monitoring to make determinations of irregular activity through understanding of historical client activity and regulatory definitions of suspicious activity
- Assist Banker and business unit in account opening CIP and CDD process per Bank BSA Program Policy and guidelines
- Review, analyze, and assists in making risk rating decisions or changes on client accounts and relationships
- Ensures the Bank is in compliance with OFAC regulations
Other
- High school diploma or equivalent
- Employee is responsible for understanding and performing their duties in a manner which is consistent with the Bank Secrecy Act, (“BSA”), Anti-Money Laundering Act (“AML”) and Office of Foreign Assets Control Regulations (“OFAC”)
- Participating in any required training and promptly complying with all reporting requirements
- Paid Sick Leave, 3 weeks’ Vacation, and Holidays (about 11 a year)
- HSA or FSA account and other voluntary benefits
- 401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan
- Employee Mortgage Loan Program and free access to an Axos Bank Account with Self-Directed Trading
- Credit check, criminal background check, and pre-employment drug screening
