Compliance Analyst (Banking) jobs in Brockton, MA
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)
Recently Added Compliance Analyst (Banking) jobs
- Gordon's Distributing Co Inc
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Mansfield, MA
FULL_TIME
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With over 80 years of experience in the alcohol industry, MGX understands the complex US beverage alcohol business and enables our customers to navigate it more efficiently. We collaborate with retailers and suppliers to design and implement supply chain solutions to optimize a product’s route to market. MGX provides a single point-of-contact across the entire beverage alcohol supply chain, bringing together the services of our affiliated companies Gordon Logistics, Milton’s Distributing, and Hope Beverage.
We recognize that nothing happens without our people and that our team members are our most important asset. We’re a family-owned and operated business committed to building a culture that recognizes, respects, and rewards our employees.
We offer competitive wages and comprehensive benefits coverage including medical, dental, 401K, profit sharing, and tuition reimbursement.
Job Summary:
The Regulatory Compliance Analyst is responsible for ensuring the organization and its subsidiaries are compliant with federal and state regulations regarding transactional reporting. Primarily, they will gather and analyze applicable data, and report to regulatory entities in a timely manner.
Essential Functions:
- Responsible for data reporting for all entities in the organization across all states in which the entities hold a license or permit and/or conduct business transactions.
- Support control of legal costs by adhering to various due dates and frequencies of reporting which vary by state (monthly, bi-monthly, quarterly, and annual) to avoid penalties and interest fees.
- Review current reporting methodology and processes to identify improvement opportunities, including automation where possible.
- Generate and maintain process documentation for all required reporting.
- Respond to any inquiries and notifications received from federal and state regulators regarding transactional reporting.
- Work collaboratively with Finance and Accounting, Warehouse Operations, Supply Chain, and Logistics.
Skills and Qualifications:
- Bachelor’s Degree is preferred or relevant work experience in lieu of a degree.
- 3 years of relevant compliance experience.
- Experience with tight deadlines and proven track record of meeting timelines with high accuracy.
- Strong organizational skills and attention to detail.
- Proven leader, change agent and self-starter with continuous improvement mindset.
- Strategic thinker and problem solver with the ability to turn ideas into action while working with cross functional teams.
- Proficient knowledge of Excel (e.g. Pivot Tables, V-Lookup, filters, etc.) required.
- 28 Days Ago
- Gordon Logistics LLC
-
Mansfield, MA
FULL_TIME
- With over 80 years of experience in the alcohol industry, MGX understands the complex US beverage alcohol business and enables our customers to navigate it more efficiently. We collaborate with retail...
- 28 Days Ago
- Lloyds Banking Group PLC
-
Truro, MA
FULL_TIME
- Lloyds Bank - Customer Service Assistant - Truro page is loaded **Lloyds Bank - Customer Service Assistant - Truro** **Lloyds Bank - Customer Service Assistant - Truro** locationsPenzance time typePar...
- 29 Days Ago
- Rockland Trust Career Site
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Brockton, MA
FULL_TIME
- In addition to the responsibilities outlined above, the position will also serve as a resource to assist Business Bankers and the Underwriting groups with general administrative duties, loan-related a...
- 1 Month Ago
- Coastal Heritage Bank
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Marshfield, MA
FULL_TIME
- Description Coastal Heritage Bank is seeking a talented and friendly Banking Specialist to join our team at our Marshfield locations. As a Banking Specialist, you will play a crucial role in providing...
- 1 Month Ago
- Coastal Heritage Bank
-
Weymouth, MA
FULL_TIME
- DescriptionCoastal Heritage Bank is seeking a talented and friendly Banking Specialist to join our team at our Weymouth locations. As a Banking Specialist, you will play a crucial role in providing ex...
- 26 Days Ago
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0 Compliance Analyst (Banking) jobs found in Brockton, MA area
- Allstem Connections
-
Marlborough, MA
- My client a multi-national retail company, is seeking a Compliance Risk Analyst to join their team, this is a hybrid pos...
- 4/22/2024 12:00:00 AM
- Amicompliant
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Boston, MA
- Intern Job Description: Healthcare Industry Outreach and Compliance Research Position Overview: We are a start-up seekin...
- 4/22/2024 12:00:00 AM
- Whitridge Associates
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Boston, MA
- The IT Compliance Specialist will be instrumental in supporting our client's efforts to ensure compliance with Federal I...
- 4/21/2024 12:00:00 AM
- Boston Partners Global Investors Inc.
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Boston, MA
- Position: Compliance Analyst Department: Compliance Report to: Sr. Compliance Manager Location: Boston Company Summary: ...
- 4/21/2024 12:00:00 AM
- Bose Corporation
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Framingham, MA
- You know the moment. It's the first notes of that song you love, the intro to your favorite movie, or simply the sound o...
- 4/20/2024 12:00:00 AM
- Atlantic Group
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Boston, MA
- An independent hedge fund/investment management firm in Quincy, MA is seeking a compliance analyst to join their growing...
- 4/19/2024 12:00:00 AM
- AllSTEM Connections
-
Marlborough, MA
- My client a multi-national retail company, is seeking a Compliance Risk Analyst to join their team, this is a hybrid pos...
- 4/19/2024 12:00:00 AM
- Manulife
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Boston, MA
- We are a leading financial services provider committed to making decisions easier and lives better for our customers and...
- 4/19/2024 12:00:00 AM
About Brockton, Massachusetts
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