Essential Duties and Responsibilities
The following statements describe the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
BSA / AML Responsibilities
- Perform daily review of Currency Transaction Reports (CTRs) to ensure accuracy, completeness, and compliance with regulatory requirements, addressing any discrepancies in a timely manner
- Monitor daily activity reports, including MIL, OFAC, and ACH IAT transactions, to identify unusual or potentially suspicious activity and escalate concerns appropriately
- Prepare and submit weekly FinCEN CTR filings, ensuring all required documentation is complete, filings are accurate, and acknowledgements are properly retained
- Review and document Verafin alerts (as assigned), conducting appropriate research and escalating potential suspicious activity in accordance with Bank procedures
- Assist with monthly BSA internal reviews by gathering documentation, validating data, and supporting reporting for management and audit purposes
- Conduct monthly Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) reviews, ensuring higher-risk accounts are properly documented and monitored
- Participate in quarterly BSA program quality assurance reviews and spot checks to support ongoing compliance and identify areas for improvement
- Support BSA training efforts by reinforcing established procedures and maintaining awareness of regulatory expectations
- Participate in BSA program activities by supporting documentation requirements, evidence compilation, audit preparation, and training reinforcement in accordance with established procedures
Perform assigned duties under the direction of the BSA Officer and coordinate activities and share relevant information across BSA, Compliance, and Internal Audit functions to support consistency in risk monitoring and control execution.
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Compliance Responsibilities
- Complete daily HMDA LAR data entry, ensuring all required fields are accurate, documentation is complete, and entries meet regulatory standards
- Perform second-level reviews of denied loan files on a regular basis to ensure accuracy, proper documentation, and compliance with applicable lending regulations
- Coordinate monthly policy updates by working with department leaders to ensure policies are reviewed, revised, and maintained in accordance with regulatory requirements
- Maintain and update the policy tracking log for Board reporting, ensuring all required reviews and approvals are documented and completed timely
- Assist with monthly Section 1071 data reviews, supporting accuracy, completeness, and regulatory readiness
- Support quarterly Community Reinvestment Act (CRA) file updates by gathering information and maintaining accurate tracking of community development activities
- Participate in quarterly compliance reviews, assisting with testing, documentation, and identification of findings
- Maintain compliance tracking logs, ensuring findings, management responses, and corrective actions are properly documented and followed through to resolution
Coordinate activities and share relevant information with the BSA Officer and applicable department leadership to support consistency in risk monitoring and control execution across programs.
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Internal Audit Responsibilities
- Review daily employee overdraft reports to identify exceptions or unusual activity and escalate concerns in accordance with internal controls
- Assist in the preparation of monthly internal audit reports, compiling information and supporting documentation for Audit Committee review
- Review and verify that teller audits are completed quarterly as required, ensuring documentation is accurate and aligned with Bank procedures and internal control expectations
- Perform monthly employee account reviews to ensure compliance with Bank policy and identify any potential conflicts or irregularities
- Maintain and update internal audit tracking logs, monitoring open items and ensuring timely follow-up on outstanding issues
- Assist with quarterly dormant account audits to ensure proper handling and compliance with regulatory requirements
- Provide ongoing support for internal audit activities, including document preparation, research, and coordination for audits and examinations
Coordinate activities and share relevant information with the BSA Officer and applicable department leadership to support consistency in risk monitoring and control execution across programs.
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Administrative Responsibilities
- Assist with monthly policy revisions as needed, ensuring updates are properly documented and communicated
- Prepare and distribute monthly Credit Life production reports, ensuring accuracy and timely delivery to leadership
- Support the preparation of Audit Committee materials, including agendas, reports, and supporting documentation, ensuring completeness and organization of materials provided
During periods of increased workload, complexity, or audit/examination activity, assist with job functions across BSA, Compliance, and Internal Audit as directed, in accordance with established procedures and control expectations.
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Minimum Qualifications
· High school diploma required; Associate or Bachelor’s degree preferred
· 1-3 years banking, compliance, audit, or related experience preferred
· Basic understanding of regulatory requirements preferred
· Working knowledge of common office software (e.g., word processing, spreadsheets) and ability to learn bank systems and loan processing platforms.
Knowledge, Skills, and Abilities (KSA)
- Strong attention to detail and accuracy
- Ability to manage multiple deadlines (daily, weekly, monthly tasks)
- Strong organizational and documentation skills
- Effective written and verbal communication
- Ability to handle confidential information with discretion
- Proficiency in Microsoft Office, especially Excel
- Ability to follow procedures and work under supervision while developing independence
Reliable attendance and ability to maintain consistent productivity in a deadline-driven environment.
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Certifications Required
· None
Physical Requirements
Employees must have the ability to perform the following physical demands for extended periods of time with or without reasonable accommodation:
- Ability to maneuver to and around office equipment.
- Ability to bend, stoop, and reach as needed.
- Ability to utilize a keyboard and other office equipment for extended periods.
- Ability to monitor computer screens and perform detailed work requiring close vision.
- Ability to move or lift boxes and files up to 25 pounds.
Ability to answer/make phone calls and communicate with others.
Work Environment
Work is primarily performed in an office environment with limited privacy and exposure to typical background noise from office activity and equipment. Occasional travel to branch locations or to deliver/obtain documents may be required.
Disclaimer
This job description is intended to describe the general nature and level of work performed. It is not designed to contain, nor should it be interpreted as, a comprehensive inventory of all duties, responsibilities, and qualifications. Duties may change at any time with or without notice. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
bankFNBD is a VEVRAA federal contractor and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, marital status, genetics, disability, age, veteran status or any legally protected characteristics or activities.
The Risk Specialist supports the Bank’s risk management functions across BSA, Compliance, and Internal Audit through a coordinated set of monitoring, review, reporting, and audit support activities, operating as a centralized support role to ensure regulatory compliance and consistency across programs. This position operates under the oversight of the BSA Officer and collaborates with department leadership to ensure activities align with regulatory requirements, internal procedures, and established control standards.
