Anti-Money Laundering (AML) Program Analysts are responsible for assisting with administering enterprise-wide BSA/AML/OFAC policies and procedures. Provides direction to the Lending/Operations/Support Area staff for effective BSA/AML and OFAC compliance. Assists with coordinating Financial Crimes Compliance with internal and external audits/regulatory exams. Assists with updating of the enterprise-wide BSA/AML and OFAC Risk Assessments. Responsible for documenting corporate governance processes to ensure controls are in place for proper compliance, assisting with new product/service risk assessments, and providing overall program metrics for ongoing Board of Director and Executive Management reporting.
Assists AML Program Management to maintain and enhance the enterprise-wide BSA/AML/OFAC risk management framework, concentrating on risk management, control design, employee training, monitoring and testing, and reporting of BSA/AML/OFAC deficiencies.
Conducts assessments on operational processes to ensure that proper governance processes, segregation of duties, and systems integrity is sustained and enforced. Reviews internal system and transaction reports and compares the effectiveness of various systems, policies and procedures. Responsible for identifying trends and patterns.