BSA Specialist

BSA Specialist will support all aspects of the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Office of Foreign Assets Control (OFAC), and USA Patriot Act to ensure Bank & Trust Company is compliant with all appropriate regulations. This position will perform a wide variety of BSA-related functions including preparing Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs), conducting account research, evaluating AML alerts to mitigate risk, reviewing potential OFAC matches, performing enhanced due diligence, and validating risk ratings are appropriate.

This position will assist the BSA Officer in ensuring adherence to the BSA/AML compliance program. Assist in conducting BSA/AML investigations, due diligence and tracking. Analyzing alerts and incidents generated for unusual activity. Assist branches affected by BSA Compliance issues & Regulatory requirements.

:

• Participate in activities directly related to compliance with state and federal regulations and monitoring requirements.
• Responsible for performing duties related to all aspects of the BSA/AML policy and procedures.
• Review AML alerts to mitigate risk and perform investigations.
• Review cash reports, wire reports, and other reports for suspicious activity and investigate related transactions.
• Review and audit bank’s operational work and OFAC reports.
• Conduct periodic customer due diligence reviews for higher risk customers.
• Assist with preparing to file the SAR reports for the Bank.
• Assist BSA Officer with audit preparations.
• Prepare CTRs, maintaining a thorough knowledge of regulatory requirements, to include the proper completion of related electronic form and submission with required deadlines.
• Performs all other duties as assigned.

Essential Knowledge, Skills and Abilities:

• Excellent verbal and written communication skills.
• Excellent interpersonal and customer service skills.
• Excellent organizational skills and attention to detail.
• Excellent time management skills with a proven ability to meet deadlines.
• Strong analytical and problem-solving skills.
• Strong ability to analyze and synthesize large amounts of data.
• Ability to conduct extensive research and apply data to improve BSA Program.
• Ability to prioritize tasks and to delegate them when appropriate.
• Ability to function well in a high-paced environment.
• Proficient with Microsoft Office Suite or related software.

Required Education and Experience:

• At least two years of banking experience preferred.

Bank & Trust is an equal opportunity employer and does not discriminate against applicants or employees based on sex, race, color, religion, national origin, ancestry, marital status, age, veteran status, disability, or any other protected category.

Pay Transparency Notice

Determining compensation for this role (and others) at Bank & Trust Company depends upon a wide array of factors including but not limited to:

• the individual’s skill sets, experience and training;
• office location and other geographic considerations;
• other business and organizational needs.

With that said, as required by local law, Bank & Trust Company believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure.

Job Type: Full-time

Pay: $40,000.00 - $50,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Health savings account
• Life insurance
• Paid time off

Work Location: In person

Salary : $40,000 - $50,000