Regulatory Risk Support

Job description

Overview The Regulatory Risk Support position is responsible for assisting the Regulatory Risk Division with BSA and Compliance requirements necessary to achieve and maintain a satisfactory level of BSA compliance, safety, and soundness. This position also performs general administrative duties for the Director of BSA and Compliance. Responsibilities: Key Responsibilities: Administrative Support: - Prepare Board/Management Committee packages and division reports. - Maintain tracking spreadsheets and reconcile department budgets. - Manage expense reports, invoices, and training logs. - Update organizational charts and Business Continuity Plan listings. - Compile and distribute the division’s semi-annual newsletter. Regulatory Risk Operations: - Conduct due diligence and research using WorldCheck, LexisNexis, and internet sources. - Serve as Foreign Correspondent Banking Governance Committee as Secretary. - Assist with BSA/AML/OFAC Risk Assessment research and documentation. BSA Compliance: - Coordinate case assignments and maintain RFI logs. - Upload SAR confirmations and maintain tracking reports. Beneficial Ownership & Monitoring: - Perform daily CDD Rule reviews and monitor Indep...