Compliance Analyst (Banking), Sr. 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), Sr. 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), Sr. 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), Sr. occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Compliance Analyst (Banking), Sr. typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)
The Senior GL Reconciliation Analyst’s primary responsibilities include performing a variety of complex EFT settlement and GL reconciliations at an advanced level, that include, daily analysis of GL’s and network and host reports, work associated with implementing new or changes to transactions and services as well supporting month-end close and reconciliation of escalated GL outages or stale dated exceptions. This includes Bill Pay, ACH, ATMs, ITMs, Branch, ATM and ITM Image deposits, FSCC shared branching, COOP/STAR network activity, Credit Card activity, check collection, check deposits in transit. Also responsible for daily balancing of all cash account activity; daily maintenance of FRB Reserve Requirements; while assisting in maintaining the DNA GL tables, cashbox transaction activity, deposit rate tables in the Fiserv Core System. Serves as a subject matter expert on account reconciliations and is first point of contact for inquiries regarding operational issues, policy and procedure questions, dealing with escalated transaction exceptions, internal/external audits and aging to avoid financial loss to the organization. Assists with new hire and cross training for the department. In addition, acts as support to the GL Reconciliation Analyst role. Responsible for managing reconciliation risk within assigned accounts and maintaining compliance. Assists with monitoring and maintenance of account reconciliations. The Senior GL Reconciliation Analyst adds value to the credit union by ensuring that transactions are properly rolling to the general ledger, such as ACH, Shared Drafts, ATM, Shared Branch, Cash accounts and network activity are in balance, and that all journal entries are posted timely and accurately to the accounting system, thus assisting in assuring the reliability and accuracy of members accounts and credit union financial records.
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Website: nuvisionfederal.com/careers
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