This position has the primary responsibility to Support the BSA Officer in the development, implementation and maintenance of the Bank Secrecy Act (BSA) Program for the Bank and affiliates.  This position also serves as both an evaluator of established policies and procedures as well as an advisor on the drafting and implementation of same.

• Assist the BSA Officer with monitoring the Bank’s BSA program and ensuring adherence to BSA, Anti-Money Laundering (AML), and Customer Identification Program (CIP), and Office of Foreign Assets Control (OFAC) policies
• Utilize Bank’s Anti-Money Laundering software to review activity and take appropriate measures to acknowledge or escalate alerts
• Initiate Suspicious Activity Report process detected through monitoring; assist with the collection of documentation required to make a well-defined analytical determination of the appropriate BSA related decisions (e.g., identification of suspicious activity requiring Suspicious Activity Report (SAR) filing)
• Complete Enhanced Due Diligence (EDD) reviews for all high-risk customers identified through risk analysis
• Process FinCEN 314(a) requests on bi-weekly or as-needed basis
• Review for current and new Currency Transaction Report (CTR) exemptions
• Provide back up for Case, SAR, subpoena, levies and Watchlist reviews
• Provide back up for review of new customer for CIP requirements; communicate to retail department of any missing or incomplete requirements for CIP compliance
• Provide back up for Currency Transaction Reporting
• Provide back up for the Review and certification of OFAC reports and alerts
• Maintain Monetary Instrument log
• Assist in completing data validation of the Bank’s Anti-Money Laundering Software.
• Assist with preparing, maintaining, and updating of manuals, procedures, and training materials
• Support determination of Bank Compliance training requirements
• Communicate with the retail department to ensure accurate and timely report filing and address any BSA deficiencies

Education and Experience

• Bachelor's Degree or equivalent experience
• A minimum of three years of banking experience
  
  

Skills and Competencies

• Strong knowledge of BSA/ AML compliance
• Ability to handle multiple projects at one time
• Ability to interact with all levels of staff and management
• Excellent interpersonal skills
• Strong problem-solving skills
• Effective communication skills, both verbal and written
• Strong editorial skills in English composition, grammar, and proofreading
• Willingness to work flexible hours
• Computer experience with Microsoft Word, Excel