Summary

The Bank Compliance Analyst II-BSA is responsible for daily and periodic monitoring/reviewing of reports, researching regulations, review of state and federal compliance requirements, acts, and laws regarding BSA/AML, OFAC, and the Patriot Act, assisting in the audit process and other duties as requested.

Essential Duties & Responsibilities

• Assist BSA Officer in administering the Bank's BSA Compliance Program.
• Provides support to lines of business for BSA/AML-related issues.
• Stay current with changes regarding BSA/AML, OFAC, and the Patriot Act; determines the effect of such laws and regulations on Bank Policies, procedures, and practices.
• Collaborates with the BSA Officer for the bank's adherence, monitoring, and implementation of all BSA regulations.
• Perform periodic reviews of written policy, program and recommends changes.
• Monitors and reviews daily reports.
• Assists in monitoring and oversight for suspicious activity reporting (SAR's), including filing if necessary.
• Reviews collected information during regulatory examinations and internal or external audits for completeness and accuracy.
• Monitors follow-up actions in cases where violations were found and reviews compliance monitoring reports.
• Assists with the BSA and OFAC risk assessments.
• Attends seminars, workshops, and conferences on behalf of the bank to expand compliance knowledge.
• Maintains customer confidence by keeping client information confidential.
• Performs other duties and assignments as requested.

Qualifications

• Understand and comply with all regulations of the Bank Secrecy Act.
• Intermediate Knowledge and/or experience in AML/BSA OFAC requirements.
• Intermediate Knowledge and /or experience with Currency transactions and Suspicious activity reporting.
• Ability to develop and maintain close working relationships with business units and individuals.
• Intermediate Knowledge of BSA/AML and OFAC risk assessments.
• Intermediate Knowledge of BSA policies and programs.

Education & Experience

• Bachelor's Degree or equivalent related work experience required.
• 2+ years' experience in BSA Compliance or related experience required.

Licenses & Certifications

• None required. ACAM certification or willingness to acquire preferred.

Systems & Technology

• Proficient in Microsoft Excel, Word, PowerPoint, and Outlook.

Stifel is a more than 130 years old and still thinking like a start-up. We are a global wealth management and investment banking firm serious about innovation and fresh ideas. Built on a simple premise of safeguarding our clients’ money as if it were our own, coined by our namesake, Herman Stifel, our success – and 26 years of continual growth – is intimately tied to our commitment to helping families, companies, and municipalities find their own success.

While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations. Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more. Let’s talk about how you can find your place here at Stifel, where success meets success.