BSA/AML Specialist

Penn Community Bank • Bristol, PA

1d • Hybrid

About The Position

Assist the BSA Officer with monitoring the Bank’s BSA program and ensuring adherence to BSA, Anti-Money Laundering (AML), and Customer Identification Program (CIP), and Office of Foreign Assets Control (OFAC) policies. Complete a review of new customer for CIP requirements; communicate to retail and lending department of any missing or incomplete requirements for CIP compliance. Review of Customer Due Diligence (CDD) questionnaires for completion and appropriateness of responses; communicate updates needed to retail department. Assist with Currency Transaction Reporting. Review and certify OFAC reports and alerts. Communicate with the retail department to ensure accurate and timely report filing and address any BSA deficiencies.

Requirements

• Bachelor's Degree or equivalent experience
• A minimum of one year of banking experience
• Knowledge of BSA/ AML compliance
• Ability to handle multiple projects at one time
• Ability to interact with all levels of staff and management
• Excellent interpersonal skills
• Strong problem-solving skills
• Effective communication skills, both verbal and written
• Willingness to work flexible hours
• Computer experience with Microsoft Word, Excel

Responsibilities

• Assist the BSA Officer with monitoring the Bank’s BSA program and ensuring adherence to BSA, Anti-Money Laundering (AML), and Customer Identification Program (CIP), and Office of Foreign Assets Control (OFAC) policies
• Complete a review of new customer for CIP requirements; communicate to retail and lending department of any missing or incomplete requirements for CIP compliance
• Review of Customer Due Diligence (CDD) questionnaires for completion and appropriateness of responses; communicate updates needed to retail department
• Assist with Currency Transaction Reporting
• Review and certify OFAC reports and alerts
• Communicate with the retail department to ensure accurate and timely report filing and address any BSA deficiencies
• Comply with applicable bank regulations, such as regulations governing disclosures
• Comply with applicable bank regulations, such as regulations governing currency transactions, purchase of negotiable instruments, and money laundering (BSA, AML)

What This Job Offers

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