Overview:
BankNewport celebrates being a community bank since 1819. Yes, that’s 200 years, and still growing. Offering new and exciting career opportunities, BankNewport is committed to providing our employees the resource and guidance to develop careers that are challenging and rewarding.
So, if you’re looking for a great professional opportunity, know that BankNewport will empower and invest in you.
The BSA/AML Compliance Analyst plays a crucial role in ensuring BankNewport’s adherence to BSA, AML, OFAC, and USA PATRIOT Act regulations by conducting thorough investigations into potentially suspicious activity and maintaining compliance with federal laws. This position is responsible for identifying and mitigating risks related to financial crimes, reviewing transactions for irregularities, and filing Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) as needed. The analyst will collaborate with internal stakeholders, law enforcement, and external agencies to strengthen the Bank’s compliance framework.
In addition to ensuring compliance with BSA, AML, OFAC, and USA PATRIOT Act regulations, the BSA/AML Compliance Analyst may be asked to investigate fraudulent transactions and trends.
Responsibilities:

INDEPENDENT ACTION:

While largely self-directed, the Analyst exhibits judgement in seeking external guidance or collaboration when confronted with multifaceted or nuanced situations.