BSA Officer

Woodlands National Bank is a reputable financial institution committed to providing exceptional banking services while maintaining the highest standards of regulatory compliance and financial integrity. We prioritize fostering a secure, transparent, and compliant environment for our clients and staff alike.

Overview

Responsible for administering compliance with all aspects of the Bank Secrecy Act (BSA), Anti- Money Laundering (AML), Office of Foreign Asset Control (OFAC) and the USA Patriot Act .Also responsible for ensuring compliance with Identity Theft Prevention and Red Flags, Privacy, and bank security related laws, regulations and policies. Must understand and implement Know Your Customer (KYC) concepts throughout the bank’s operating environment.

RESPONSIBILITIES:

90% BSA

Responsible for developing, implementing, and maintaining a financial institution’s compliance program regarding Anti-Money Laundering (AML), OFAC, and the USA Patriot Act. This will include (but is not limited to): Review activity and file CTRs & SARs. Review Moderate, High risk & MSB customer activity and prepare reports for the Board of Directors. Review large loans, CIP, Commercial Forms, AML software alerts, 314A list. Review transaction activity and bank recordkeeping for monetary instrument sales, prepaid cards, wires, ACH transactions, dormant accounts, liens and levies, and cash transactions. Must review and ensure proper supporting documentation for Exempt Customers, non-resident customers, branch vault levels, and ATM owners. You will routinely work with auditors and regulators, providing requested items and answering questions. Train staff periodically and especially during regulations change.

5% Training and Development- complete annual training and maintain certification

5% Other Duties as Determined

Experience

• Proven experience in banking or financial institution investigation roles with a focus on AML compliance and regulatory reporting.
• Certified Anti-Money Laundering Specialist (CAMS) or Certified BSA/AML
• Professional (CBAP) certification or ability and willingness to obtain CBAP within one year of appointment will be required of this position.
• Demonstrated ability to conduct internal audits effectively within a regulated environment.
• Knowledge of anti-fraud detection techniques and experience with financial software used for transaction monitoring and compliance tracking.
• Familiarity with securities law, banking regulation compliance, OFAC sanctions screening, and ACH rules is highly desirable.
• Excellent analytical skills combined with the ability to interpret complex financial concepts and ensure adherence to all applicable laws governing banking operations. Join us as a BSA Officer to play a crucial role in safeguarding our bank’s integrity while advancing your career in a dynamic regulatory environment!

Pay: $28.00 - $38.00 per hour

Benefits:

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

Work Location: In person

Salary : $28 - $38