Bank compliance officer vs compliance analyst

Differences between bank compliance officer and compliance analyst duties and responsibilities

Bank compliance officer example responsibilities.

• Participate in OCC exam preparation and review including research and presentation of documentation to achieve compliance with federal examiner requests.
• Prepare highly detail and concise written documentation to support reasons why no SAR are deemed necessary.
• Assist in creating, updating and reviewing compliance policies, procedures and guidance/tools relate to BSA/AML including KYC and OFAC.
• Implement rule-based SAR parameters for the detection of possible suspicious activity in wire transmission.
• Identify all transactions in OTC equity securities and ascertain that every recommendation to customers meet suitability standards via exclusion or exemption.
• Conduct personal injury, vehicle accidents, and worker's compensation investigations in anticipation of litigation.

Compliance analyst example responsibilities.

• Manage FHA, FHLMC, FNMA, VA and GNMA files.
• Manage monthly allocation process & governance to non-Germany regions, balancing regions & projects.
• Serve as TeamRoom/SharePoint administrator, including managing the SharePoint migration project.
• Lead annual Medicare data validation exams; distribute regulations, hold informational meetings, perform quality assurance checks of data.
• Participate in OCC exam preparation and review including research and presentation of documentation to achieve compliance with federal examiner requests.
• Conduct Sarbanes-Oxley on big data audits, analyze statistical trends and control audits for fee governance efforts.
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