BSA/AML Analyst I - Juneau, United States - First National Bank Alaska

Description

Start a career with First National Bank Alaska, the *Best Place to Work in Alaska* as recognized eight years in a row by Alaska Business magazine readers.

GENERAL PURPOSE SUMMARY
Fulfills regulatory requirements relating to suspicious activity reporting in support of the bank's Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) Program by monitoring account activity reports and system alerts for potentially suspicious activity; researching account activity, documenting findings, and determining whether a Suspicious Activity Report (SAR) should be filed and by performing the following essential duties and responsibilities:

ESSENTIAL DUTIES AND RESPONSIBILITIES
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1.

Monitors accounts to satisfy investigating, evaluating, and risk assessment procedures set forth by the bank; monitors medium and high-risk accounts for potential suspicious activity by reviewing the previous/existing SAR filings, investigating account activity and comparing it to appropriate trends.

2.

Documents findings of investigation in bank's database; determines whether SAR should be filed and recommends further coding of account to establish appropriate monitoring and reporting.

3.

Investigates potential suspicious activity alerts identified by the bank's system databases and reports; determines whether the activity is suspicious by identifying and documenting bank's relationship with the account holder and gathering additional information from various sources within the bank as appropriate.

4.

Generates SARs to be filed with Financial Crimes Enforcement Network (FINCEN) and submits to supervisor for review; data enters all necessary information into bank's database and documents findings of all investigations that did not result in a SAR filing.

5.

Monitors government and industry

resources and

participates in training to keep current on regulatory changes and financial crimes trends; assists supervisor in training Unit's junior staff and reviewing their work.

6.

Performs other work-related duties as assigned by supervisor.

QUALIFICATION REQUIREMENTS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

EDUCATION and/or EXPERIENCE:

Minimum:

Associate's degree in a business related field plus three years banking, business or related field; or equivalent combination of education/training and experience.

Preferred:
One year compliance or regulatory related experience. Knowledge of anti-money laundering regulations.

SKILLS and ABILITIES:
Keyboarding 35 wpm, operate 10-key by sight, Outlook, word processing and spreadsheet experience required. Database experience preferred.

LANGUAGE SKILLS:
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from managers, customers, and the general public.

MATHEMATICAL SKILLS:
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, percent and to draw and interpret bar graphs.

REASONING SKILLS:
Ability to solve practical problems and deal with a variety of variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel objects, tools, or controls; reach with hands and arms.

The employee is frequently required to talk and hear. The employee is occasionally required to stand; walk; stoop, kneel, crouch, or crawl.
The employee must regularly lift and/or move up to 10 pounds; occasionally lift and/or move up to 25 pounds.

Specific vision ability required by this job includes close vision, distance vision, color vision, and the ability to adjust focus.

WORKING CONDITIONS

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

QUALIFICATION REQUIREMENTS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

EDUCATION and/or EXPERIENCE:

Minimum:

Associate's degree in a business related field plus three years banking, business or related field; or equivalent combination of education/training and experience.

Preferred:
One year compliance or regulatory related experience. Knowledge of anti-money laundering regulations.

SKILLS and ABILITIES:
Keyboarding 35 wpm, operate 10-key by sight, Outlook, word processing and spreadsheet experience required. Database experience preferred.

LANGUAGE SKILLS:
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from managers, customers, and the general public.

MATHEMATICAL SKILLS:
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, percent and to draw and interpret bar graphs.

REASONING SKILLS:
Ability to solve practical problems and deal with a variety of variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel objects, tools, or controls; reach with hands and arms.

The employee is frequently required to talk and hear. The employee is occasionally required to stand; walk; stoop, kneel, crouch, or crawl.
The employee must regularly lift and/or move up to 10 pounds; occasionally lift and/or move up to 25 pounds.

Specific vision ability required by this job includes close vision, distance vision, color vision, and the ability to adjust focus.

WORKING CONDITIONS

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

The noise level in the work environment is usually moderate.

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