Bsa/aml compliance officer vs compliance analyst

Differences between bsa/aml compliance officer and compliance analyst duties and responsibilities

Bsa/aml compliance officer example responsibilities.

• Participate in OCC exam preparation and review including research and presentation of documentation to achieve compliance with federal examiner requests.
• Conduct and verify that OFAC rules and regulations are apply and follow for assets from target foreign countries and individuals.
• Identify all transactions in OTC equity securities and ascertain that every recommendation to customers meet suitability standards via exclusion or exemption.
• Create policies, procedures, and train bank staff regarding HMDA reporting.
• Complete suspicious activity reports (SARs) to notify FinCEN of suspect incidents of money laundering or fraud.

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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