SUMMARY

Using their acquired banking experience, the Deposit Risk Analyst will be responsible for researching regulations and assisting with the collection of sampling and review of processes in the deposit arena.
Research will require the use of the bank’s core system, transaction research software, and regulatory websites. This position assists the managers on the Bank Secrecy Act and Bank Risk Review to prepare for reviews and collect statistical data for management reports.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Pulling queries and inputting samples to prepare for reviews. Utilize various programs such as Horizon 360, Coldplus, HR reports, etc. to generate samples for the testing period and input them to AuditBoard.
• Perform continuous monitoring reviews related to service charges, interest calculations, overdraft processes, FDIC deposit files, insider overdrafts, and compliance exception reports.
• Cross-train to complete work steps for bank and departmental reviews.
• Complete follow up testing for issues as they become due, as assigned and reviewed by manager.
• Collection of Key Risk Indicators from various managers to complete the quarterly assessment for management.
• Collect various statistics for the Compliance Management Committee reports.
• Perform quality control reviews of Monetary Instrument Logs and Data Validation.
• Review a sampling of high risk customers and Customer Due Diligence.
• Assist department managers with Model Risk Management validations and testing on a semi-annual basis.
• Assist with testing of system updates and replacements.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

REQUIREMENTS

Analytical skills
Excellent verbal and written communication skills
Self-motivated and independent thinker
Ability to decipher suspicious activity versus false positives
Ability to adapt to an ever-changing environment
Ability to work well with a team
Able to perform in a highly sensitive environment and deal with confidential matters

PREFERRED SKILLS AND QUALIFICATIONS

Banking experience
Investigations experience
Advanced computer skills (Microsoft Excel and Word)

PHYSICAL REQUIREMENTS

Constant use of computer screens
Ability to operate a computer keyboard, use hand to finger, handle or feel, reach with hands and arms, and talk, see or hear
Intermittently standing, stooping, bending at the waist, walking, kneeling or crouching
Ability to sit and/or stand for long periods of time during the workday
Long periods of typing and repetitive motion
Ability to lift and/or move and carry up to 5 pounds

• Pulling queries and inputting samples to prepare for reviews. Utilize various programs such as Horizon 360, Coldplus, HR reports, etc. to generate samples for the testing period and input them to AuditBoard.
• Perform continuous monitoring reviews related to service charges, interest calculations, overdraft processes, FDIC deposit files, insider overdrafts, and compliance exception reports.
• Cross-train to complete work steps for bank and departmental reviews.
• Complete follow up testing for issues as they become due, as assigned and reviewed by manager.
• Collection of Key Risk Indicators from various managers to complete the quarterly assessment for management.
• Collect various statistics for the Compliance Management Committee reports.
• Perform quality control reviews of Monetary Instrument Logs and Data Validation.
• Review a sampling of high risk customers and Customer Due Diligence.
• Assist department managers with Model Risk Management validations and testing on a semi-annual basis.
• Assist with testing of system updates and replacements