BSA/AML Analyst I

BSA/AML Analyst I

Title: BSA/AML Analyst I
Location: Wisconsin-Green Bay
Other Locations:
Equal Opportunity Employer

The employment policy of Associated Banc-Corp, and its subsidiaries and affiliates ("Associated") provides equal opportunity to all persons. We support a diverse and inclusive work environment where colleagues are respected, treated fairly, and given equal opportunities to perform to their fullest potential. We believe it is only with a diverse and inclusive workplace that the organization can truly perform at its best, carry out its vision, and make a difference for the communities we serve.

JOB SUMMARY

Under functional guidance, reviews system generated reports regarding customer accounts to determine suspicious activity. Assists in communication, investigation, and dissemination of information concerning Bank Secrecy Act (BSA) and Anti-Money Laundering (AML). Acts as a front-line contact with both internal and external customers; serves as a technical resource involving BSA and AML issues; conducts account research, review and monitoring.

KEY RESULT AREAS

. Account Research, Review, Documentation and Monitoring (85%)
. Confidentiality
. Organization
. Customer Service (Internal and External)


JOB ACCOUNTABILITIES

The following are essential job accountabilities:

1. Analyze complex financial transactions utilizing a wide variety of systems, databases, applications, and reports to identify unusual account activity among Associated account holders.

2. Document all findings in centralized case management system, create individual case folders, and forward all supporting documentation to Senior Analyst and/or BSA Officer on cases requiring additional investigation.

3. Manage the Customer Identification Program. Generate daily and weekly reports for regional management regarding Customer Identification Program.

4. Acts as a front-line technical resource for internal and external customers, including but not limited to, Facilities, Human Resources, Corporate Trainers, and managers, on all matters pertaining to BSA and AML.

5. Identify and monitor MSB's (Money Service Businesses) to ensure compliance with the Bank Secrecy Act and Anti-Money Laundering laws.

6. Prepare and up-date exemption folders for Phase I and Phase II customers. Gather necessary documentation to support the exemption status and review accounts for suspicious activity.

JOB SPECIFICATIONS

Minimum Education: 60 post-high school credits in Business or related
field

Preferred Education: Associate's or Bachelor's Degree in Business or
related field

Minimum Experience: 3-5 years security, banking, compliance or audit related experience

Preferred Experience: 5-7 or more years of security, banking, compliance, BSA, AML, Audit, account monitoring experience or related experience

Math: Ability to perform mathematical calculations, including addition, subtraction, division,
multiplication, and simple percentages.

Written Communication: Ability to write an investigative report and
communicate clearly in order to draw accurate
conclusions

Skills - Machine: Ability to use basic office equipment

Problem-Solving/Analysis: Strong analytical skills required, ability to problem solve by gathering necessary account data, conduct investigation, review and analyze to define the problem, locate its source, and develop and recommend solutions.

Impact of Decisions: Decisions will have a considerable effect on
associate and customer relations.

Independent Action/Guidance Received: Ability to act independently and receive only general guidance. Self-reliant with the ability to self-initiate activity.

Associate Management Responsibility: Ability to lead/coordinate the work of other associates or team members. Most of the time is spent performing work similar to that performed by the associates whose activities are coordinated.

Internal and External Contacts: Exchange information and refer directors, managers, employees, customers, vendors, governmental agencies, and attorneys to the property Security Department representative.

Direct Sales Responsibilities: None

Overnight Travel: Limited

Communicate: Strong verbal communication skills including strict confidentiality.

Representation: Ability to represent the organization in a professional and positive manner in a variety of settings.

Compliance: Assists with the compliance function as it applies to the Bank Secrecy Act while upholding the bank's philosophy and all policies.

Contacts: Exchange information with other Regional Security Officers, the Director of Security