BSA Administrator

FIRST BANK AND TRUST COMPANY • Bristol, VA

9d • $20 - $25 • Hybrid

About The Position

First Bank and Trust is seeking a BSA Administrator to join our Compliance Department and help safeguard the bank, its customers, and the communities we serve through effective BSA and anti-money laundering oversight. The BSA Administrator will support the bank’s Bank Secrecy Act and anti-money laundering program through daily monitoring, investigation, documentation, and employee support. This role reviews transaction activity, investigates alerts, maintains supporting records, assists branch employees, and collaborates with the Compliance Department to meet applicable legal, regulatory, and internal policy requirements.

Requirements

• Bachelor’s degree in accounting, business, finance, or a related field.
• Two or more years of banking experience preferred.
• Foundational knowledge of BSA/AML and regulatory compliance, with an interest in continuing to develop that knowledge.
• Ability to apply Bank Secrecy Act requirements when reviewing transactions, investigating alerts, and maintaining documentation.
• Proficiency with Microsoft Word and Excel.
• Excellent written and verbal communication skills.
• Strong mathematical, analytical, and organizational abilities.
• Ability to manage work within prescribed time frames.
• Self-directed approach with the ability to work independently.
• Sound judgment when handling confidential customer and bank information.
• Commitment to acquiring and maintaining the knowledge of state and federal banking regulations and internal policies required for the position.
• Discretion in protecting confidential customer and bank information and disclosing it only with appropriate authorization or as permitted by law.

Nice To Haves

• Experience with Verafin BSA/AML software is preferred.

Responsibilities

• Review daily cash and transaction reports, including cash transaction detail reports, general ledger cash transaction reports, and cash exchange reports.
• Review and process assigned reports and alerts in Verafin BSA/AML software.
• Prepare and submit Currency Transaction Reports (CTRs).
• Investigate potential OFAC matches.
• Investigate suspicious activity alerts and gather appropriate supporting documentation.
• Assist the BSA Officer with drafting Suspicious Activity Reports (SARs).
• Provide BSA-related support and guidance to branch personnel.
• Ensure branch personnel collects required documentation during account opening.
• Assist with monthly and quarterly reviews and prepare materials for BSA Committee meetings.
• Collect and analyze audit data, then compile findings for reporting.
• Gather documentation for regulatory examinations and audits.
• Complete annual BSA training and assist the Compliance Department as needed.
• Perform other duties as assigned.

Benefits

• PTO Leave is 20 days per year earned on a monthly basis
• First Bank and Trust recognizes 11 paid holidays, when the holidays occur during the work week
• Medical, Dental and Vision Insurance starts the 1st day of the month after hire date
• Employees are automatically enrolled in the bank's 401K/ESOP Plan
• First Bank and Trust provides basic life insurance coverage equal to two times an employees' base salary
• First Bank and Trust provides long-term disability insurance coverage

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level