BSA KYC Officer
Company: Armed Forces Bank, N.A.
Location: Kansas City
Posted on: September 16, 2021
A client of Insight Global is seeking to add a BSA/AML KYC
Analyst to its growing team in the Kansas City, MO area! The
BSA/AML KYC Analyst reports to the BSA/AML Officer and is
responsible for ensuring all Enhanced Due Diligence (EDD) reviews
of new account relationships, high risk customers, and special
requests that arise through the Banks lines of business are
conducted timely and accurately. This role requires the creation
and implementation of comprehensive CIP/EDD/KYC procedures that
effectively capture appropriate reviews subject to EDD. Direct
cooperation with the Assistant BSA Officer and the BSA Officer is
essential in this role. This position is responsible for ensuring
that all related actions are tracked to completion with accurate
and timely reporting to the appropriate parties. They will perform
various tasks, including some of the listed items below:
Assess current EDD policies and procedures to recommend changes as
needed on a recurring basis.
Draft detailed, written procedures for future implementations.
Review and analyze high volume of daily CDD and CIP documentation
provided by banking centers.
Communicate directly with banking center associates to establish
accurate CDD and CIP information.
Evaluate daily CDD volumes and elevate appropriate customers to EDD
review based on established risk criteria.
Conduct comprehensive EDD investigations on customers that pose a
higher risk to the Bank, including alert and case disposition.
Perform high volume of transaction analysis of accounts and assess
validity of customer activity on a case-by-case basis.
Document extensive support for case decisions to include Bank
documentation, transaction statements, and negative news.
Conduct Suspicious Activity Report filings of unusual or suspicious
activity identified during the EDD process.
Ensure deadlines are met on a daily, weekly, monthly, and quarterly
basis related to dispositions, case decisions, and SAR filings.
Maintain tracking of areas of risk identified through EDD
investigations and determine the biggest areas of risk posed to the
Bank. Report findings to appropriate management and team members on
a recurring basis.
Attend BSA training seminars as directed by the BSA Officer.
Provide comprehensive EDD training and coaching to the EDD Analyst
in areas of alert disposition, time management, and case
Provide annual performance review to appropriate staff and provide
goals and career direction for staff.
Contribute procedural knowledge to OCC examiners and audit staff,
and actively participate in examinations.
Serve as a 314b contact for the Bank.
Provide support to the BSA/AML Officer, Assistant BSA/AML Officer,
KYC Analyst and BSA staff as needed.
In coordination with the BSA/AML Officer and Assistant BSA/AML
Officer, develop BSA/AML training material for front-line
Maintain an effective alliance with the Security/Fraud
Regular attendance is required, working at the worksite during
regular business hours and/or assigned hours
4+ years in banking operations experience in a bank's back office
2+ years in general banking experience (deposit work, etc.)
2+ years in risk analysis & fraud detection experience
Professional, great comm skills, and ability to lead in the
workplace! *** (if you wouldn't hire them for internal roles at IG
, then they won't be a good fit at Academy)
STRONGLY PREFERRED Plusses:
BSA (Banking Secrecy Act) knowledge or work experience
AML (Anti-Money Laundering) knowledge or work experience
College degree (Bachelor's or Associates)
Keywords: Armed Forces Bank, N.A., Kansas City , BSA KYC Officer, Other , Kansas City, Kansas
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