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 incumbents of these positions would be responsible for visiting and reviewing all day and residential programs certified by OPWDD, including all services provided under the Home and Community Bases Services Waiver and contracts; interpreting regulations to providers; participating at exit conferences; and reviewing providers' plans of corrective action.
The Standards Compliance Analyst 1 Developmental Disabilities (SCA 1 DD) work under the Supervision of the SCA 2 DD and receive direction as to what their assignments and responsibilities are, including monthly work schedules developed by the SCA 2 DD.
The positions require extensive field work and travel. The incumbents must be on site during early mornings and evenings to observe activities at the programs. Some weekend visits are required, as is mandatory training in Albany and other locations. Surveyors are expected to learn and participate in all aspects of survey and certification activities for all program and service types. Extensive report writing is required. All visits and reports must be completed within time frames required by the Centers for Medicare Services and the Departments of Health and the Division of Quality Improvement's policies and procedures.
Clear All
0 Compliance Analyst (Banking), Sr. jobs found in Schenectady, NY area