Job Description

Job Description

Job Description

Salary: $54,590 - $68,238

Why RiverBank?

At RiverBank, were more than a community bankwere a tight-knit team solving real business problems with heart, hustle, and a personal touch. Were looking for a skilled, detail-focused BSA/AML Compliance Specialist to support the BSA, AML, and OFAC Compliance programs.This role assists with monitoring, investigation, and reporting of suspicious activity; conducting risk assessments; and ensuring compliance with federal and state regulations. This position assists with regulatory research, compliance reviews, risk assessments, and reporting to help the bank mitigate risk and maintain a strong culture of compliance.

Key Responsibilities:

• Review daily and periodic alerts generated from the banks BSA/AML monitoring system.
• Assist with monitoring and investigating transactions for potential suspicious activity.
• Support completion of Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) reviews.
• Help ensure compliance with OFAC and other sanctions screening requirements.
• Escalate cases requiring further review or filing of Suspicious Activity Reports (SARs).
• Assist in preparing and filing SARs and Currency Transaction Reports (CTRs) in accordance with FinCEN requirements.
• Supports Compliance in conducting annual compliance risk assessments.
• Assist in coordinating responses to internal audits and regulatory examinations.
• Gather requested documentation, ensure timely responses, track remediation efforts, and assists with other compliance tasks as requested by the Compliance Officer and/or BSA Officer.
• Maintain a current knowledge base of emerging compliance risks and trends impacting the bank.

Minimum Qualifications:

• 25 years of experience in BSA/AML compliance or financial crimes investigations within a financial institution.
• Working knowledge of BSA/AML, USA PATRIOT Act, OFAC, and related regulatory requirements.
• Experience with BSA/AML monitoring systems and regulatory reporting platforms (e.g., FinCEN BSA E-Filing).
• Basic computer skills including MS Office suite as well as typing and 10 key skills to meet production needs of the position.
• Ability to read and comprehend simple instructions, short correspondence, memos, and write simple correspondence.
• Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization.
• This position will be hybrid to start and has the potential to go primarily or fully remote upon successful completion of onboarding and training. We prefer to hire a qualified candidate who lives in or around Spokane, WA as we'd like to invite you to attend all-staff events in person a few times a year.

Confidence can sometimes hold us back from applying for a job. But well let you in on a secret: theres no such thing as a perfect candidate. RiverBank is a place where everyone can grow. So, however you identify and whatever background you bring with you, please apply if this is a role that would make you excited to come into work every day.

More to Know:

• RiverBank was named the #2 Best Place to Work in the Inland Northwest (we're coming for #1 in 2025)!
  
• $54,590 - $68,238/yr is the target starting pay range.
• This position is eligible for annual bonus with the first year being pro-rated based on time in position.
• Vacation (3 Weeks), Sick Leave (12 days a year), Volunteer Time off (24 hours) & All Bank Holidays (at least 40+ paid days off a year total that increase with tenure)
• 90% Employer Paid Medical & 100% Employer Paid Vision, Dental, & Long-Term Disability Insurance for every Team Member
• AnHRA where an employee only pays $600 towards their medical deductible and the company reimburses any other deductible costs ($4,900+ value)
• Employer-paidLife Insurance(two times your annual earnings)
• Employer PaidEmployee Assistance Program
• 4% company 401k matchon contributionsafter 3months
  
• Paid Parental Leave
  
• Discounted Rates onPet, Home, & Auto Insurance

Is this role not an exact fit? Feel free to check out the rest of our opportunities@BambooHR!

Go hereto see an overview of the hiring process of RiverBank, how you can best prepare, and give us your thoughts on this posting!

RiverBank is an equal opportunity employer, committed to hiring a diverse workforce and preserving inclusive hiring practices. RiverBank , Inc. does not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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