BSA Assistant

Minster Bank • Minster, OH

1d • Onsite

About The Position

The BSA Assistant position is responsible for providing administrative and operational support to the BSA/AML/OFAC Officer by assisting with all aspects of the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) and OFAC programs. This position helps ensure the bank adherence to the BSA regulations and identifies potential suspicious activity through data analysis and transactions review. The BSA Assistant acts as a backup to the BSA Officer.

Requirements

• Associate's degree (A.A.) or equivalent from two-year college or technical school; or six months to one-year related experience and/or training; or equivalent combination of education and experience.
• Ability to read, analyze, and interpret general business periodicals, professional journals, or government regulations.
• Ability to write reports, business correspondence, and procedure manuals.
• Ability to effectively present information and respond to questions from groups of managers and customers.

Nice To Haves

• Deposit or lending compliance background preferred.

Responsibilities

• Assists in maintaining the BSA monitoring program using industry standards and regulatory guidance. Includes new account monitoring, transaction monitoring, customer due diligence, currency transaction report filing, suspicious activity report support, recordkeeping and compliance reporting.
• Tests OFAC program to determine effectiveness.
• Supports the BSA Officer in delivering compliance training to staff.
• Maintains current knowledge of all federal and state laws and regulations, along with the Bank's policies and procedures.
• Assists with internal and external audits related to BSA compliance.

What This Job Offers

• Job Type: Part-time
• Career Level: Entry Level
• Education Level: Associate degree