BSA/AML HIGH RISK ANALYST Job in Evansville 47701, Indiana US
Old National Bank has an opportunity in Evansville, IN for a BSA/AML High Risk Analyst. The High Risk Analyst will assist management in minimizing BSA risk to the Bank by executing its high risk customer procedures which include conducting enhanced due diligence (EDD) for depository customers and utilizing a variety of resources and tools to develop a base of information from which to draw inferences and conclusions in order to assess customers for BSA/AML risk and assign risk ratings.
Specific Responsibilities:
* Perform customer due diligence (CDD) and enhanced due diligence (EDD) as needed, for depository customers.
* Evaluate CIP, CDD or EDD information gathered by conducting moderately complex searches of informational databases and other research sources. Interact with business line personnel to understand client behavior and communicate activity of interest and/or concern.
* Apply knowledge of patterns and trends related to money laundering and terrorist financing to customer relationships that may pose a higher risk to the bank.
* Review transactional data to identify activity commensurate with customer relationships that pose a higher risk of money laundering or terrorist financing.
* Apply research and investigations strategies to assess customers for BSA risk and assign risk ratings. Conduct ongoing monitoring/analysis of customers for possible changes to risk rating.
* Recommend and support escalation of unusual or potentially suspicious activity to AML group for investigation and SAR filing.
Qualifications:
- Bachelor's degree in business, accounting, finance or related field, preferred.
- Knowledge of Enhanced Due Diligence (EDD) matters, OFAC regulations, USA Patriot Act, AML/BSA Acts, Fraud Scenarios, Criminal Situations, and Internal Crimes with the ability to define problems and propose solutions.
* Level will be determined by education and experience. Level I = minimum 2-5 years experience; level II = minimum 5-8 years experience; Level III = 8 years experience
* Experience in banking operations or retail experience in the following areas: bank teller, customer service, investigative, legal, law enforcement BSA or compliance reporting.
* Basic problem solving skills with the ability to define problems and propose solutions.
* Strong interpersonal skills; business writing skills and experience.
Old National is an equal opportunity employer M/F/D/V. Individuals with disabilities, including disabled veterans and veterans with service-connected disabilities, are encouraged to apply.
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