Job Description
Who We Are:
The Position:
- Administering the Bank Secrecy Act/Anti-Money Laundering Program and related procedures in accordance with Bank’s policies, procedures, and applicable federal regulations.
- Reviewing daily and monthly reports following the guidelines established for Suspicious Activity Reports (SAR).
- Reviewing Currency Transaction Reports (CTR) for adherence to established procedures and accuracy.
- Obtaining documentation and assisting with Suspicious Activity Report (SAR) Investigations and performing follow-up reviews as necessary.
- Monitoring all accounts that may be deemed as high risk and received from other sources in accordance with the established monitoring schedule.
- Performing analysis of the core application and AML system reports that identify potentially suspicious activity including case management.
- Analyzing cases involving suspicious activity and present to BSA Officer for review.
- Conducting research on the internet as part of the SAR investigations as instructed.
- Reviewing documentation for all new business and consumer accounts and verifying risk rating assigned to accounts per the Bank’s risk rating criteria.
- Reviewing new account documentation received from branches for accuracy and completeness.
- Providing recommendations for periodic BSA training to address areas of weakness noted in branch/lending procedures in support of annual BSA program training.
- Other duties as assigned.
- High School diploma or equivalent required, some college desired.
- CAMS designation is preferred - not required.
- Three years of banking experience including branch/platform experience.
- Knowledge of Bank Secrecy Act regulatory requirements, including CTRs and SARs, and basic knowledge of banking regulations.
- Basic knowledge of the Bank’s services and products.
- Strong organizational and time management skills.
- Excellent communication skills including verbal and written.
- Computer literate, including knowledge of Microsoft Office, Excel, Word, and PowerPoint and internet search.