Job title: Compliance Officer
Company: GPAC
Job description: Compliance OfficerWe are looking to add a Compliance Loan Officer to our team. This role would be responsible for developing, implementing, and administering the Bank’s BSA/AML program to ensure compliance with the Bank Secrecy Act, and all other Anti-Money Laundering (AML) and Office of Foreign Assets Control (OFAC) laws and regulations; supports the Bank Secrecy Act training effort for the Board of Directors, appropriate management, and staff personnel; participates in briefings of management and staff on BSA/AML compliance issues and responds to BSA/AML questions. Accepts the responsibility for the identification, measurement, and monitoring of BSA/AML/OFAC risks.
- Performs an annual BSA risk assessment and advises management on the development of policy, procedures, systems controls and training to address those risks.
- Conducts reviews of customer accounts and investigates suspicious or unusual customer activity for identified medium and higher-risk customers independently.
- Review suspicious activity detected by the use of automated system reports, other reports/customer statements, and report unusual activities in the form of a Suspicious Activity Report (SAR) filing.
- Ensure that 314(a) requests, Currency Transaction Reports (CTRs) and SARs are completed accurately and completely and filed.
- Develop, maintain, and coordinate a BSA/AML and OFAC training program. Maintains all BSA/AML and OFAC training records.
- Prepares and reports developments on significant BSA matters.
- Must have 5+ years banking experience
- Must have 3+ years working in the BSA area
- A strong foundation of accounting rules, regulations, policies and procedures in the financial services industry
- Strong analytical and problem-solving skills
For additional information on this opportunity, please contact Kelli Jamison directly at 605.705.4795. Resumes may be confidentially sent to kelli.jamison@gogpac.com.
Expected salary: $50000 – 120000 per year
Location: Chicago, IL
Job date: Wed, 19 Jun 2024 22:29:23 GMT
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