Risk Specialist

Risk Specialist

Dieterich Bank | Effingham, IL

About the Role:

Are you someone who enjoys working with details, solving problems, and making sure things are done the right way? Dieterich Bank is looking for a Risk Specialist to join our team and help ensure we remain compliant with banking laws, regulations, and internal policies.

In this role, you'll work closely with our Risk & BSA team to monitor compliance programs, review transactions and accounts, assist with audits and regulatory requests, and help identify and resolve potential risks. This is a great opportunity for someone who is organized, dependable, and interested in building a career in banking, compliance, or risk management.

What You'll Do:

• Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) / Office of Foreign Assets Control (OFAC)
  • Verification of CTRs & submission through the Verafin software.
    • Annual review of CTR exempt customers.
  • New account due diligence review against the Bank's Customer Identification Program and extending review to the bank subsidiary (Prime Equipment Finance LLC). Review daily Monarch CIF Relationship Changes Report. Track and report missing items until resolution
  • Review & clear low-level alerts from the Verafin software
  • Assist the BSA Officer & Assistant BSA Officer as needed in investigations
• Review and action the Money Instrument Report for cash transactions of $3,000 to $10,000
• Review and action the Dormancy/FDICIA Control Report
• Assist with any internal compliance reviews
• Assist regulators and external auditors with providing documents for 3rd party reviews
• Answer questions and provide support for issues and questions initiated in the Risk & Compliance Help Desk
• Maintain job knowledge through attendance at webinars
• Nasdaq Verafin clean up and maintenance of RDC, ACH, Foreign Individuals, etc.

Knowledge, Skills, and Abilities:

• Must demonstrate our core values of Integrity, Value, Service Excellence, & Teamwork.
• Detail-oriented focus
• Organizational skills
• Ability to use CSI Nupoint, CSI CenterDoc. and Verafin, or the ability to adapt to new programs/software
• Ability to meet deadlines
• Strong communication skills (verbal and written)
• Ability to work effectively with team members
• Knowledge and practice of proper, basic phone etiquette
• Ability to work independently
• Basic accounting knowledge
• Proficient in Microsoft Office

Schedule:

This is a full-time, 40-hour-per-week position, with a typical schedule between 8:00 a.m. and 5:00 p.m. Occasional evening or weekend work may be needed based on business needs.

You may also have the opportunity to travel to other branches for quarterly training or position-specific training. Some training may take place outside of the local area.

Benefits & Perks

We offer a comprehensive benefits package, including:

• Group Health Insurance
• Group Dental & Vision Insurance
• Life, AD&D & LTD Insurance
• 401(k) Plan - Employer matching available
• Employee Assistance Program+
• Discretionary Profit Sharing Plan
• Discretionary Bonus Plan
• Profit Sharing Plan
• Paid Time Off (Holidays, sick time, personal time, and vacation)
• 8 hours of paid time volunteer with a charity of their choice.

Why Join Dieterich Bank?

At Dieterich Bank, we believe our people are our greatest asset. We're looking for someone who wants to grow with us, learn new skills, and make a meaningful contribution to our team. If you're organized, curious, and enjoy work where attention to detail matters, we'd love to hear from you!

Dieterich Bank is an EEO/AA/Vet/Disability Employer.