Compliance Analyst (Banking) jobs in Vermont

Compliance Analyst (Banking) monitors customer accounts and researches transactions to identify suspicious activity violating current anti-money laundering (AML) regulations defined in the US Bank Secrecy Act (BSA) or other governmental anti-terrorist financing programs. Uses customer data mining and software tools to identify suspicious activity patterns. Being a Compliance Analyst (Banking) reviews daily Currency Transaction Reports (CTR) and Questionable Activity Reports (QAR), and submits Suspicious Activity Reports (SAR) as appropriate. Ensures adherence to Know your Customer (KYC) protocols. Additionally, Compliance Analyst (Banking) may lead or participate in investigations of suspicious activity to pursue corrective actions and ensure completion of required filings. Keeps abreast with regulatory changes, risk management best practices, and trending methods used by fraud perpetrators. Delivers compliance training with up-to-date regulatory information and procedures to develop and guide a well-informed staff. Typically requires a bachelor's degree. May have the Certified Anti Money Laundering Specialist (CAMS) certification. Typically reports to a manager. The Compliance Analyst (Banking) work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Compliance Analyst (Banking) typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Product & Compliance Analyst
  • Vermont Mutual
  • Montpelier, VT FULL_TIME
  • To research and recommend product structures with the majority of assigned projects to result in state product filings. To monitor regulatory and legislative changes with the purpose of keeping underwriting management abreast of changes and their impact on underwriting products and transactions. To assist with company responses to consumer complaints, market conduct examinations, and insurance department data calls and reporting.

    DUTIES & RESPONSIBILITIES

    • Perform a wide range of product and underwriting functions and analysis.
    • Complete competitor coverage form and policy analysis.
    • Monitor and analyze ISO rule and form filings and make appropriate recommendations on company action.
    • Assist with product development including authoring rules and forms for a new product offerings.
    • Coordinate the state product filing process including but not limited to:
      1. Compose “boilerplate” correspondence used in multi-state filings;
      2. Compile filing materials with completeness and accuracy;
      3. Respond to State Insurance Department requests;
      4. Monitor filing status;
      5. Organize and maintain detailed records on all company filings.
    • Assist in the implementation of new products including but not limited to:
      1. Provide product interpretations for system development;
      2. New product education of underwriting and marketing management;
      3. Assist in the development of new product underwriting manuals;
      4. Assist in the electronic distribution and placement on Company website of product release letters and supporting materials.
    • Monitor regulatory and legislative changes;
    • Analyze and interpret compliance requirements for regulatory and legislative changes;
    • Collaborate with underwriting management to develop a strategy to address regulatory changes, and follow up with appropriate areas to ensure required changes are implemented.
    • Coordinate, track and review company responses to consumer complaints.
    • Coordinate, track and review company responses to state insurance department inquires, data calls, market conduct examinations, audits and reporting.
    • Performs other duties or special projects as required or assigned.

    SUPERVISION RECEIVED

    General supervision is received from the department head.

    QUALIFICATIONS

    • Bachelor's degree in political science, legal studies, economics, business or related field, plus two to three years of relevant insurance underwriting experience, or a combination of education and experience from which comparable knowledge and skills are acquired.
    • Excellent mathematical and analytical skills.
    • Strong knowledge of the insurance industry.
    • Strong underwriting background.
    • Proficient in the use of Microsoft Office, including Word, Outlook and Excel; Experience with Imaging

    Systems.

    • Ability to represent the company and deal effectively with government insurance department personnel; ability to work effectively with a wide variety of company personnel.
    • Good reading and writing skills.
    • Good team person.
    • Highly motivated.

    PHYSICAL DEMANDS/WORKING CONDITIONS

    • Predominately sedentary office position with high frequency of keyboarding/computer work required.
    • The physical demands are minimal and typical of similar jobs in comparable organizations.
    • The work environment is representative and typical of similar jobs in comparable organizations.

  • 3 Days Ago

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Research Compliance Analyst
  • The University of Vermont Health Network
  • South Burlington, VT FULL_TIME
  • JOB DESCRIPTION:The Research Compliance Analyst performs detailed analysis involving regulatory issues, reimbursement, and all aspects of monitoring the research billing compliance of the University o...
  • 12 Days Ago

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Payer Compliance & Policy Analyst - Remote
  • University of Vermont Medical Center
  • South Burlington, VT FULL_TIME
  • Job Ref:R0046910 Location:40 IDX Dr, South Burlington, VT Category:Finance and Accounting Employment Type:Full Time Hospital:The University of Vermont Medical Center Department:Network Contracting Job...
  • 10 Days Ago

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Part-Time Private Investigator
  • Allied Universal® Compliance and Investigations
  • Burlington, VT PART_TIME
  • Part-Time Private Investigator Overview Allied Universal® Compliance and Investigations, North America's leading expert insurance claim investigations, compliance and corporate governance company, pro...
  • Just Posted

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Private Investigator
  • Allied Universal® Compliance and Investigations
  • Burlington, VT FULL_TIME
  • Private Investigator Overview Allied Universal® Compliance and Investigations, North America's leading expert insurance claim investigations, compliance and corporate governance company, provides rewa...
  • 11 Days Ago

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Part-Time Private Investigator
  • Allied Universal® Compliance and Investigations
  • Rutland, VT PART_TIME
  • Part-Time Private Investigator Overview Allied Universal® Compliance and Investigations, North America's leading expert insurance claim investigations, compliance and corporate governance company, pro...
  • 1 Month Ago

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Compliance Analyst
  • LevelUP HCS
  • New York, NY
  • In this role, you will support both the Sanctions and Monitoring & Investigations teams. You will be responsible for pol...
  • 3/28/2024 12:00:00 AM

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IT Compliance Analyst
  • Berkley
  • Scottsdale, AZ
  • Company Details: This role will reside within the Data Management and Analytics group of W.R. Berkley with a focus on th...
  • 3/28/2024 12:00:00 AM

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IT Compliance Analyst
  • The Judge Group
  • Smithfield, VA
  • A great job-and a great future-awaits you at Smithfield Foods. We're an $18 billion U.S. food company with nearly 60,000...
  • 3/28/2024 12:00:00 AM

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COMPLIANCE ANALYST
  • Bayview Asset Management
  • Miami, FL
  • Overview: Bayview Asset Management, LLC is a private fund manager focused on mortgage and consumer credit, including who...
  • 3/28/2024 12:00:00 AM

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Compliance Analyst
  • Isaiah House Inc
  • Harrodsburg, KY
  • Isaiah House is looking for a dedicated and driven person to take on the role of Compliance Analyst at our center in Har...
  • 3/28/2024 12:00:00 AM

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Tax Compliance Analyst
  • Erickson Senior Living
  • Baltimore, MD
  • Location: Erickson Senior Living Erickson Senior Living, headquartered in Baltimore, Maryland is a national provider of ...
  • 3/27/2024 12:00:00 AM

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Compliance Analyst I
  • Experis
  • Houston, TX
  • Our client, an American multinational chemical company is seeking a Compliance Analyst to join their team. Title: Trade ...
  • 3/27/2024 12:00:00 AM

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Compliance Analyst
  • The Intersect Group
  • Conduct regular assessments to ensure compliance with cybersecurity regulations, standards, and best practices. Interpre...
  • 3/27/2024 12:00:00 AM

Vermont is located in the New England region of the Northeastern United States and comprises 9,614 square miles (24,900 km2), making it the 45th-largest state. It is the only state that does not have any buildings taller than 124 feet (38 m). Land comprises 9,250 square miles (24,000 km2) and water comprises 365 square miles (950 km2), making it the 43rd-largest in land area and the 47th in water area. In total area, it is larger than El Salvador and smaller than Haiti. It is the only landlocked state in New England, and it is also the easternmost and the smallest in area of all landlocked sta...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Compliance Analyst (Banking) jobs
$47,633 to $67,540