BSA and Compliance Specialist

Summary:

Responsible for performing daily tasks of monitoring and reporting related to implementation of the organization’s Bank Secrecy Act and Compliance Programs adhering to the organization’s policies and procedures and to federal and state laws and regulations by performing the following duties.

Essential Duties and Responsibilities:

  • Suspicious activity monitoring and reporting
  • CTR reporting
  • Provide BSA and compliance job specific training to employees
  • Assist in developing and maintaining procedures in relations to BSA/AML/OFAC and the Compliance Program
  • Prepare and update risk assessments
  • Verify CIP and beneficial ownership information is obtained at account opening across all areas, including tracking and making sure exceptions are cleared
  • Perform risk rating of customers
  • Maintain Verafin software system
  • Perform customer reviews for EDD, high risk, and suspicious activity
  • Identify exempt customers for CTR reporting and file appropriate documentation with FinCEN as well as complete required annual review(s)
  • Review new banking products to ensure compliance with appropriate laws and regulations
  • Prepare annual BSA report for Board
  • Process levies, garnishments, and subpoenas, including tracking
  • Monitor OFAC compliance
  • Assist staff with questions pertaining to account documentation (trusts, business documents, etc.)
  • Perform annual reviews of ACH and RDC customers
  • Prepare annual HMDA reporting
  • Maintain CRA public file
  • Assist in preparation for compliance independent audits and regulatory examinations
  • Update policies and risk assessments
  • Maintain and monitor customer complaints
  • Community involvement and leadership
  • Business development
  • Complete required on-line training and other training as assigned
  • Other duties may be assigned

Education/Experience:

High school degree or equivalent; and one to three years related experience and/or training; or equivalent combination of education and experience

Computer Skills:

Proficient personal computers skills required. Proficient working with Word, Excel, Adobe, Power Point. Adept with administration and setup of core processing systems and other applications necessary for overall bank operations. 

Job Type: Full-time

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Disability insurance
  • Employee assistance program
  • Health insurance
  • Life insurance
  • Paid time off
  • Referral program
  • Vision insurance

 

Download Application Forms

Download and complete the application forms, then submit them through the form at the bottom of this page.

Download Employment Application

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