What are the responsibilities and job description for the BSA Specialist position at The Citizens Bank of Philadelphia?
The Citizens Bank of Philadelphia is currently seeking a BSA Specialist, as follows:
About the Position
Ensure compliance of the BSA/AML program by providing timely and accurate monitoring and reporting of transactions.
About the Opportunity
The Citizens Bank opened in 1908 in Philadelphia, MS, and it quickly earned a reputation for safety, confidence, honesty, integrity, and hard work. Throughout its history, the bank held steadfast to its commitment to be a bedrock partner to the communities it serves. Today, still grounded in the principles on which we were founded, our bank serves the state of Mississippi through 26 branch offices and beyond with its digital and mobile banking solutions. Our high-tech, high-touch approach to full-service banking helps us provide the products and services of larger banks, but with a level of service that only a community bank committed to extraordinary service can provide. We’re different. We appreciate and respect our past, but our sights are clearly set on building an even better bank for the future, and it starts with our people. Our commitment to making the bank a great place to work is woven into the fabric of our core values - SERVE.
Essential Duties
Monitor accounts for suspicious activity and escalate to Senior BSA Specialist and/or BSA Officer for appropriate action; maintain required documentation. Monitor and maintain documentation on known privately owned ATMs. Monitor accounts that are not registered as MSB with FinCEN for MSB activity. Review new account opening for compliance, including beneficial ownership information. Assist with risk rating new account openings and perform follow-up reviews. Perform daily review of teller transaction reports and proof reports to determine which transactions require CTRs and MILs. Monitor SAR batches and risk batches in Patriot Officer, as required. Review loans/loan payouts for suspicious activity. Log transaction information into spreadsheets for verification and reporting purposes. Prepare CTR forms for review and submission. Monitor 314(a) files and notify BSA Officer for potential matches. Perform reviews of CIP and MILs. Monitor OFAC and supporting documentation. Monitor for lottery account activity. Maintain the bank's exempt customer files which includes initial exemptions, exemptions renewals and exemption revocations. Compile information/documents for policy and risk assessment updates, including internal/external audits and regulatory exams. Perform all job functions in compliance with the requirements of banking laws and regulations. Perform other duties as required by supervisory personnel.
The Right Person
1 – 3 Years Experience as a BSA/AML Specialist in an FDIC Insured Financial Institution or similar work environment.
Exceptional Verbal and Written Communication Skills.
Extensive Knowledge/Use of Microsoft Office and other PC applications.
Good working knowledge of BSA/AML regulations.
Ability to work independently within time constraints.
High School Diploma or Higher.
VEVRAA Federal Contractor
| Position | BSA Specialist |
| Location | Open |
| Hours | Monday thru Friday - 8 am to 5 pm |
About the Position
Ensure compliance of the BSA/AML program by providing timely and accurate monitoring and reporting of transactions.
About the Opportunity
The Citizens Bank opened in 1908 in Philadelphia, MS, and it quickly earned a reputation for safety, confidence, honesty, integrity, and hard work. Throughout its history, the bank held steadfast to its commitment to be a bedrock partner to the communities it serves. Today, still grounded in the principles on which we were founded, our bank serves the state of Mississippi through 26 branch offices and beyond with its digital and mobile banking solutions. Our high-tech, high-touch approach to full-service banking helps us provide the products and services of larger banks, but with a level of service that only a community bank committed to extraordinary service can provide. We’re different. We appreciate and respect our past, but our sights are clearly set on building an even better bank for the future, and it starts with our people. Our commitment to making the bank a great place to work is woven into the fabric of our core values - SERVE.
Essential Duties
Monitor accounts for suspicious activity and escalate to Senior BSA Specialist and/or BSA Officer for appropriate action; maintain required documentation. Monitor and maintain documentation on known privately owned ATMs. Monitor accounts that are not registered as MSB with FinCEN for MSB activity. Review new account opening for compliance, including beneficial ownership information. Assist with risk rating new account openings and perform follow-up reviews. Perform daily review of teller transaction reports and proof reports to determine which transactions require CTRs and MILs. Monitor SAR batches and risk batches in Patriot Officer, as required. Review loans/loan payouts for suspicious activity. Log transaction information into spreadsheets for verification and reporting purposes. Prepare CTR forms for review and submission. Monitor 314(a) files and notify BSA Officer for potential matches. Perform reviews of CIP and MILs. Monitor OFAC and supporting documentation. Monitor for lottery account activity. Maintain the bank's exempt customer files which includes initial exemptions, exemptions renewals and exemption revocations. Compile information/documents for policy and risk assessment updates, including internal/external audits and regulatory exams. Perform all job functions in compliance with the requirements of banking laws and regulations. Perform other duties as required by supervisory personnel.
The Right Person
1 – 3 Years Experience as a BSA/AML Specialist in an FDIC Insured Financial Institution or similar work environment.
Exceptional Verbal and Written Communication Skills.
Extensive Knowledge/Use of Microsoft Office and other PC applications.
Good working knowledge of BSA/AML regulations.
Ability to work independently within time constraints.
High School Diploma or Higher.
VEVRAA Federal Contractor
