HomeLouisianaBSA/AML Enhanced Due Diligenc...
Regions Bank

Baton Rouge, LA

BSA/AML Enhanced Due DiligenceAnalyst in Baton Rouge, Louisiana

Location10936 Old Hammond Hwy, Baton Rouge, Louisiana 70816
Employment TypeContractor
Date Posted2022-09-07
Direct Apply
Yes
Valid Through2023-05-17

Job Description:

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.

Job Description:

At Regions, the Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) Enhanced Due Diligence (EDD) Analyst is responsible for performing holistic due diligence reviews in support of the Bank’s BSA/AML Know Your Customer (KYC) policies and procedures. The BSA/AML EDD program is designed to review higher-risk customers and their activity closely at account opening and periodically thereafter.

Primary Responsibilities

  • Ensures compliance with BSA/AML related laws and regulations and identifies matters of noncompliance and escalates them as necessary for resolution

  • Conducts initial and periodic reviews when certain events occur that may raise the risk profile for certain customer relationships

  • Analyzes accounts and customer information according to prescribed internal policies and procedures

  • Compiles and assesses customer due diligence research, documentation, investigative and monitoring reports, and prepares detailed reports of findings

  • Performs customer enhanced due diligence including investigative and monitoring reviews utilizing internal and third-party research tools

  • Operates under close supervision of more seasoned team members and/or team leadership

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

Requirements

  • High School Diploma or GED

  • One (1) year of experience in branch management, platform, BSA/AML, fraud, loss prevention, corporate security, or related field

  • Bachelor's degree in related field may substitute experience

Preferences

  • Bachelor's degree

  • Previous BSA/AML experience, preferably in EDD or KYC/Customer Due Diligence (CDD)

  • Bilingual, English/Spanish

  • Association of Certified Anti-Money Laundering Specialists (ACAMS), Certified Fraud Examiner (CFE), or similar compliance certification

Skills and Competencies

  • Ability to assess risk as well as advise management of risk(s)

  • Ability to deal with all levels of personnel in a courteous and efficient manner

  • Ability to multi-task and set priorities

  • Ability to work in a collaborative environment, as well as independently

  • Ability to work under pressure on multiple tasks concurrently and meet deadlines in a fast-paced work environment with interruptions and changing priorities

  • Detail oriented, analytical, and critical thinking skills

  • Experience with case management systems, databases, and similar automation

  • Knowledge of BSA/AML, KYC/CDD and Financial Crimes Enforcement Network (FinCEN) related laws and regulations

  • PC proficient

  • Verbal and written communication skills

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the national range and level of the position.

Job Range Target:

Minimum:

$34,230.00 USD

Median:

$56,970.00 USD

Incentive Pay Plans:

This job is not incentive eligible.

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

  • Paid Vacation/Sick Time

  • 401K with Company Match

  • Medical, Dental and Vision Benefits

  • Disability Benefits

  • Health Savings Account

  • Flexible Spending Account

  • Life Insurance

  • Parental Leave

  • Employee Assistance Program

  • Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.

https://www.regions.com/welcometour/benefits.rf

Location Details

Offsite

Location:

Birmingham, Alabama

Bring Your Whole Self to Work

We have a passion for creating an inclusive environment that promotes and values diversity of race, color, national origin, religion, age, sexual orientation, gender identity, disability, veteran status, genetic information, sex, pregnancy, and many other primary and secondary dimensions that make each of us unique as individuals and provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work is the right thing to do.

OFCCP Disclosure: Equal Opportunity Employer/Disabled/Veterans

Job ID: 3680902672166072770

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