MRB Analyst

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Paid time off
• Training & development
• Tuition assistance
  
  
  

Summary

The position of MRB Analyst is focused on performing Due Diligence reviews on Cannabis related entities, internal monitoring of Cannabis related activity for adherence to all Bank Secrecy Act/Anti-Money Laundering requirements, State/Local rules and regulatory requirements, and with Bank policies and procedures. This position will assist the BSA Officer in implementing and adhering to the Bank’s Compliance Management System Policy and Compliance Management System Program. Further, this position will function as a resource to assist Bank personnel in resolving compliance related questions/issues and will recommend solutions to compliance/procedural issues noted during monitoring reviews.

Key Responsibilities

• Conduct Customer Identification Program (CIP) reviews and validate documents prior to account opening.
• Perform due diligence on cannabis-related businesses to ensure regulatory requirements are met.
• Monitor and update risk assessments for cannabis clients.
• Review corporate records, ownership structures, business licenses, and financial documents.
• Track and interpret state licensing requirements for cannabis businesses.
• Monitor daily transactions and conduct high-risk account reviews, including trend analysis.
• Identify and report suspicious activity by preparing and filing Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs).
• Maintain complete and timely documentation of all compliance monitoring activities.
• Perform periodic reviews of various account types and products, ensuring adherence to internal policies and regulatory standards.
• Support Bank Secrecy Act (BSA) functions, including OFAC screenings, MSB reviews, beneficial ownership verification, CTR exemptions, and onsite visits.
• Collaborate with cross-functional teams to ensure a positive customer experience and strong internal compliance culture.
• Participate in ongoing training to maintain compliance knowledge and enhance skillsets.
• Assist with other compliance duties and special projects as assigned.
  
  
  

Qualifications

• High school diploma or GED required; college coursework or certifications in compliance or financial services a plus.
• Minimum of 2 years of banking, financial compliance, or related experience.
• Strong knowledge of BSA/AML regulations, especially as they apply to cannabis banking.
• Proficient in Microsoft Office (Word, Excel) and comfortable learning internal banking systems.
• Excellent verbal, written, and interpersonal communication skills.
• Strong organizational and problem-solving abilities.
• Must be a team player with a proactive, can-do attitude.
• Ability to maintain confidentiality and handle sensitive information appropriately.
  
  
  

This is a remote position.