AddressRequired Visa Status:
| Citizen | GC |
| US Citizen | Student Visa |
| H1B | CPT |
| OPT | H4 Spouse of H1B |
| GC Green Card |
Employment Type:
| Full Time | Part Time |
| Permanent | Independent - 1099 |
| Contract – W2 | C2H Independent |
| C2H W2 | Contract – Corp 2 Corp |
| Contract to Hire – Corp 2 Corp |
Description:
Overview:
This position has the primary responsibility to Support the BSA Officer in the development, implementation and maintenance of the Bank Secrecy Act (BSA) Program for the Bank and affiliates. This position also serves as both an evaluator of established policies and procedures as well as an advisor on the drafting and implementation of same.
Responsibilities:
- Monitor and review account activity in regard to associated risk and to determine potential suspicious activity2
- Conduct in depth investigations and make well defined analytical determination of the appropriate BSA related decisions (e.g., identification of suspicious activity requiring Suspicious Activity Report (SAR) filing)
- Write Suspicious Activity Report (SAR) narrative and complete SAR form; monitor and follow-up on current and continuing reports
- Complete Enhanced Due Diligence (EDD) reviews for all high-risk customers identified through risk analysis
- Complete behavior reviews within utilizing the Bank’s Anti-Money Laundering software, review activity and take appropriate measures to acknowledge or escalate potentially suspicious activity
- Perform reviews of customers that the Bank receives subpoenas and levies on for potential suspicious activity
- Review and certify 100% OFAC matches
- Provide back up to review activity and take appropriate measures to acknowledge or escalate alerts produced by the Bank’s Anti-Money Laundering software
- Provide back up for the review for current and new Currency Transaction Report (CTR) exemptions
- Provide back up for the processing of FinCEN 314(a) requests on bi-weekly or as-needed basis
- Assist with preparing, maintaining, and updating of manuals, procedures, and training materials
- Communicate with the retail department to ensure accurate and timely report filing and address any BSA deficiencies
Qualifications:
EDUCATION AND EXPERIENCE
- Bachelor’s Degree or equivalent experience
- Minimum of three (3) years of banking BSA experience with two (2) years in BSA/AML preferred
- BSA/AML transaction monitoring system experience, preferred
- CAMS or CAFP certification, preferred
SKILLS AND COMPETENCIES
- Solid knowledge of BSA/ AML compliance
- Ability to handle multiple projects at one time
- Ability to interact with all levels of staff and management
- Ability to deal with customers effectively
- Excellent Investigative skills
- Strong interpersonal skills
- Strong problem-solving skills
- Effective communication skills, both oral and written
- Strong editorial skills in English composition, grammar, and proofreading
- Willingness to work flexible hours
- Computer experience with Microsoft Word, Excel and Adobe
How To Apply:
Incase you would like to apply to this job directly from the source, please click here
Responsibilities:
- Monitor and review account activity in regard to associated risk and to determine potential suspicious activity2
- Conduct in depth investigations and make well defined analytical determination of the appropriate BSA related decisions (e.g., identification of suspicious activity requiring Suspicious Activity Report (SAR) filing)
- Write Suspicious Activity Report (SAR) narrative and complete SAR form; monitor and follow-up on current and continuing reports
- Complete Enhanced Due Diligence (EDD) reviews for all high-risk customers identified through risk analysis
- Complete behavior reviews within utilizing the Bank’s Anti-Money Laundering software, review activity and take appropriate measures to acknowledge or escalate potentially suspicious activity
- Perform reviews of customers that the Bank receives subpoenas and levies on for potential suspicious activity
- Review and certify 100% OFAC matches
- Provide back up to review activity and take appropriate measures to acknowledge or escalate alerts produced by the Bank’s Anti-Money Laundering software
- Provide back up for the review for current and new Currency Transaction Report (CTR) exemptions
- Provide back up for the processing of FinCEN 314(a) requests on bi-weekly or as-needed basis
- Assist with preparing, maintaining, and updating of manuals, procedures, and training materials
- Communicate with the retail department to ensure accurate and timely report filing and address any BSA deficiencie
