Risk Analyst

Risk Analyst

Waterville, ME (***/maps?q=Waterville+ME+USA+04901)

Description

THIS IS AN IN-0FFICE ROLE, LOCATED IN WATERVILLE, ME.

POSITION SUMMARY: This position is responsible for assisting the Bank Secrecy Act Officer in enforcing the provisions of the Bank Secrecy Act (BSA); in overseeing the anti-money laundering (AML) program; monitoring and reporting on BSA and fraud alerts; managing and scheduling of all internal and external audit work; and assisting with system user access rights. Also assisting the Chief Risk Officer in the preparation and review of various bank risk assessments; periodic reviews of the Bank's liability and property insurance program; and to provide support for other projects as assigned; and for supporting Bank products and services.

KEY RESPONSIBILITIES:

Bank Secrecy Act/ Anti-money Laundering Program Assistant:

Assist the BSA Officer with review of all currency transaction logs, currency transaction reports (CTRs), suspicious activity reports (SARs), system generated BSA and fraud alerts and other reports; process and take appropriate action according to BSA/AML requirements and Bank policy.

Remain abreast of all BSA/AML and related regulations and requirements and recommend changes to the Chief Risk Officer or Bank Secrecy Act Officer as necessary to ensure continued Bank compliance; implement as approved. Assist with BSA/AML training and enforcement efforts as needed.

Comply with all applicable Federal and State banking regulations and all Bank operating policies and procedures.

Security administrator / user access rights:Assist the BSA Officer and Risk and Fraud Investigation Administrator in setting and monitoring the security and authority settings for various Bank systems including Fiserv, Fedline, Bankers Bank, WireXchange and others as appropriate. Ensure logical security monitoring is considered and the practice of least privilege is employed. Report any concerns or violations to the Chief Risk Officer and implement changes as approved. Work closely with the BSA Officer and Fraud and Risk and Investigative Administrator to ensure proper back up for the security administration of all systems is appropriate.

Fraud investigations:Assist the CRO and Risk and Fraud Investigation Administrator as directed on investigations of fraudulent activities and establishing appropriate documentation. Be able to identify fraudulent patterns in customer accounts and bank related activities.

Audit Assistance: Assist the CRO and BSA Officer in the management and coordination of internal and external audit schedules, reports and required responses.

Risk Assessments:Assist the Chief Risk Officer (CRO) with the preparation and review of various bank, department or product specific risk assessments using proprietary or software-based risk assessment products. Risk assessments are to be completed according to Bank policy and regulatory expectations.

Support Bank products/services:Maintain knowledge of current KSB products and services. Actively utilize as many Bank products and services as possible in order to fully understand their features and benefits and to be able to communicate effectively with customers and prospective customers.

Talk to customers and listen for 'cues and clues' to determine needs; respond to customer inquiries and evaluate their needs; suggest Bank products/services to customers to meet their needs; make referrals to other Bank personnel as appropriate.

Community/public relations:Actively participate in community organizations and events. Represent the Bank in the community.

Other outside activities:Actively participate in industry trade group meetings and educational programs to remain abreast of current issues and requirements affecting Bank operations and job performance.

Other duties:Demonstrate reliable attendance and punctuality. Attend and participate in Bank meetings. Attend internal and external training to improve skills and knowledge relevant to the bank secrecy act officer position.

Understand and fully comply with Kennebec Savings Bank'sCore Values.

Perform other duties as required.

POSITIONS REPORTING TO THIS POSITION:

None

Requirements

EDUCATION/EXPERIENCE REQUIRED:

Bachelor's degree and/or equivalent work experience.

1 to 3 years' progressively more responsible experience in bank operations and/or branch banking preferred.

Familiarity with Bank Secrecy Act and Anti-Money Laundering regulations preferred.

Familiarity with Federal and State banking regulations is desirable.

Computer literate, with specific experience in spreadsheet and word processing applications.

OTHER REQUIREMENTS:

Must possess a valid driver's license, the use of a serviceable automobile that is properly registered and proper liability automobile insurance as required by state law.

Must be able to lift files and other documents of approximately 20 pounds.

Must be able to read and work with computer print-out reports.

Must be able to stand or sit for extended periods of time while waiting on customers.

Must be able to spend extended periods of time operating a computer keyboard and working at a computer monitor.

Must be able use the telephone to converse with customers for extended periods of time; must be able to communicate clearly by telephone; must have good listening ability and skills.

Must be able to climb stairs.

Must have strong written communications skills, including letter and report-writing ability.

Must have strong analytical and critical thinking skills.

Must be able to prioritize and organize work flow; must have good attention to detail; must be able to handle multiple jobs.

Must have the ability to think through a problem, following proper steps in finding resolution.

Must have a high degree of ethics and maintain confidentiality of customers and accounts.

Must be friendly, courteous and sensitive to the needs of customers and coworkers.