BSA Specialist

Overview

Ensure compliance of the BSA/AML program by providing timely and accurate monitoring and reporting of transactions.

• Monitor accounts for suspicious activity and escalated to Senior BSA Specialist 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.

• 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. Employer would like priority referrals of protected veterans.