Bank Secrecy Act Specialist
About The Position
The Bank Secrecy Act Specialist processes and enforces the Bank’s daily Customer Identification Policy (CIP), issues and documents OFAC overrides, and certifies Automated Clearing House (ACH) files. The role also reviews and processes BSA Review Cases and Currency Transaction Reports (CTRs), ensuring work complies with applicable regulations and policies. The position requires regular and reliable attendance, punctuality, and professional appearance, along with clear communication through in-person, phone, email, and written correspondence. The employee must follow company policies and applicable banking rules, regulations, and laws, including BSA/AML requirements, and perform other related duties as assigned.
Requirements
- High school diploma or GED.
- 6 to 12 months of related experience and/or training.
- Regular use of a desktop or laptop computer, basic operating systems, and specialized software systems.
- Basic experience with alphanumeric data entry, PowerPoint, Excel, and word processing.
- Ability to add, subtract, multiply, and divide.
- Ability to meet the described physical requirements, with reasonable accommodations available.
Responsibilities
- Enforce and process the Bank’s Customer Identification Policy (CIP), approximately 40% of the time.
- Issue and document OFAC overrides when hits are determined by the Bank’s systems, approximately 20% of the time.
- Issue and document the certification of Automated Clearing House (ACH) files, approximately 15% of the time.
- Assist in the investigation, analysis, and preparation of BSA Review Cases, approximately 15% of the time.
- Complete, file, and audit Currency Transaction Reports (CTRs) to ensure compliance with established regulations and policies, approximately 10% of the time.
- Maintain regular and reliable attendance, punctuality, and personal appearance; communicate clearly through various forms of correspondence.
- Adhere to company policies and applicable banking rules, regulations, and laws, including BSA/AML requirements.
- Perform other related duties as required or assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
