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Ascensus · 15 hours ago

Compliance Analyst, Compliance

Florida, United States

Full-time

Onsite

Mid, Senior Level

3+ years exp

Ascensus is the nation’s largest third-party administrator of retirement plans, and they are seeking a Senior Compliance Analyst to ensure adherence to compliance policies and regulations within the Trust Division. The role involves managing compliance with BSA/AML/OFAC, conducting reviews of high-risk accounts, and collaborating with various departments to ensure regulatory compliance.

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Responsibilities

Prepare, implement, and monitor firm compliance policies and procedures to ensure accuracy, relevance, and compliance

Serve as a support for the day-to-day Bank Secrecy Act/AML related tasks

Manage compliance with BSA/AML/OFAC by performing BSA and OFAC risk assessments, developing new processes and procedures to adapt to changing product lines and regulations

Review alerts generated by the monitoring system concerning customer transactions for unusual or suspicious activity and when needed prepare SAR draft for approval and filing

Perform OFAC alerts review that are generated by the internal system; conduct 314(a) searches in compliance with the Information Sharing requirements of the USA PATRIOT Act

Collaborate with the ERISA Department in fulfilling subpoena requests and any other applicable requests

Conduct periodic reviews of high-risk accounts and customers and conduct customer due diligence (CDD reviews)

Conduct and research investigative referrals utilizing internal and external database and document findings

Assist in the development of training material and program for Trust associates and the Trust Board of Managers

Assist in the coordination and support for internal and state regulatory exams and audits

Prepare and provide routine data, documents, and reports for Trust Board meetings

Review marketing and communications

Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients

Assist with other tasks and projects as assigned

Qualification

BSA/AML complianceKYCTransaction MonitoringRegulatory examinationsInternal auditsData analysisMS-Office proficiencyMulti-taskingResearch skillsProcess improvementAttention to detailCommunication skillsTeam player

Required

Bachelor's degree in related field or equivalent experience

3 to 5 years of industry experience in a compliance or regulatory role

Prior experience in AML/KYC, Financial Crimes, Transaction Monitoring and CDD

Prior experience with internal audits and regulatory examinations

An audit or compliance monitoring/testing background with a strong risk and control mindset is preferred

Experience in developing and delivering solutions that meet the needs of the organization

Familiarity with MS-Office software applications, including Excel, PowerPoint, Word, Access & Vision

Strong attention to detail and the ability to prioritize, manage tasks and meet in connection with business operations, including related ERISA compliance matters

Ability to multi-task and respond to unplanned issues while adhering to aggressive deadlines for multiple initiatives

Ability to proactively and independently research issues, gather evidence, and successfully work with various departments

Exceptional oral, written, and presentation skills with a demonstrated ability to communicate effectively across all functional areas and levels of seniority

Self-motivated, proactive, and energetic team player

Ability to proactively identify areas for process improvement, and to turn recommendations into actions

Detail-oriented, Word, Excel, and Outlook proficient, flexible, committed to quality

In-depth knowledge of banking/trust laws and regulations. Functional IRS Code and ERISA knowledge and a working understanding of relevant aspects of a financial services organization

In-depth knowledge of and proficiency with BSA/AML laws and regulations