Job Description

The Compliance Analyst will report to the Financial Crimes Manager in the Compliance and Risk Management Department. This role is responsible for performing a variety of duties to assist Inspira Financial Trust with compliance of internal policies and procedures as well as applicable agreements, contracts, laws, and regulations. Specifically, the Compliance Analyst will assist the Financial Crimes Manager in implementing the company’s Bank Secrecy Act (BSA) and anti-money laundering (AML) program. This position will complete actions assigned to assist the company in compliance with the BSA, Office of Foreign Assets Control (OFAC), USA PATRIOT Act, and other AML laws and regulations. Primarily, program responsibilities will include training, communications, and implementations of processes to monitor transactions, identify and report suspicious activity, and prevent money laundering or other illegitimate financial transactions.

Duties & Responsibilities:

General Compliance and Risk Management

• Assist with management of incoming requests to the department via Salesforce, Outlook, and Teams.
• Cross train and provide backup to other compliance department staff as needed to meet department objectives.
• Develop and present content to various audiences and respond to inquiries from internal business partners.
• Stay up to date with new rules, regulations, and emerging risks to assist in development, implementation and revision of current policies and procedures.
• Assist and support the Financial Crimes Manager in the design, development, delivery and maintenance of best-in-class Compliance programs, policies, and practices.
• Assist with creating and providing compliance training to employees.
• Foster an environment of teamwork, inclusiveness, and a culture of compliance.
• Other duties as assigned.

Financial Crimes

• Perform a variety of investigative duties to assist with compliance of the Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC), USA PATRIOT Act, and other AML program requirements.
• Work independently to conduct analysis and investigations, coordinate with other departments on the identification and reporting of financial crimes, and prepare Suspicious Activity Reports (SARs).
• Conduct compliance reviews and analysis in support of Inspira’s BSA/AML and other regulatory compliance policies and programs including investigating alerts, reviewing client activity, and conducting enhanced due diligence.
• Remain current with industry standards and developments in the areas of KYC, BSA/AML, and OFAC, and apply regulatory requirements and internal policies and procedures to case investigations.
• Review client documents for IRA compliance purposes.
• Assist in the intake, triage, assignment, and tracking of incoming items to the Compliance department via email, salesforce, MS Teams, and other forms of communication.
• Other duties as assigned.

Typical schedule for this position 8 a.m. CT to 4:30 p.m. CT.

Qualifications

Education & Experience:

• 1-3 years of experience in Compliance, Risk Management, and/or Auditing.
• Bachelor’s degree or equivalent in Business, Finance, Economics, or related field.
• Certified Anti-Money Laundering Specialist (CAMS); Certified Fraud Examiner (CFE); Certified IRA Services Professional (CISP)

Skills & Abilities:

• Working knowledge of BSA requirements and experience filing SARs, reviewing for OFAC hits, and implementing a Customer Identification Program (CIP).
• Ability to generate clear, detailed narratives for FinCEN SAR filings.
• Effective time management skills, quickly prioritizing tasks for immediate review.
• Excellent verbal and written communication, presentation, and strong interpersonal skills.
• Ability to communicate complex information effectively and influence stakeholders at all levels.
• Self-motivated and skilled at working independently or collaboratively across departments and developing business relationships.
• Proficiency with Microsoft products including Excel, Word, Visio, Teams, SharePoint, Outlook; as well as Salesforce and the ability to quickly learn new systems.
• High level of accuracy, attention to detail and strong organizational skills.
• Ability to analyze data. Strong problem solving and critical thinking skills.
• Working knowledge of IRAs, investing, and alternative assets preferred.

Other Requirements:

• Infrequent travel, and ability to provide personal transportation from time to time.
• Prolonged periods of sitting at a desk and working on a computer
• Occasionally lifts up to 25 pounds.