BSA Assistant

FIRST ENTERPRISE BANK•Oklahoma City, OK

4d•Onsite

About The Position

The BSA Assistant supports the Bank Secrecy Act (BSA) Officer in ensuring the bank complies with federal regulations related to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Office of Foreign Assets Control (OFAC). This role assists in the effective implementation of the bank’s compliance program through transaction monitoring, recordkeeping, reporting, and customer due diligence. This position plays a role in fulfilling the bank’s purpose of building meaningful relationships as we invest in our communities by helping maintain a culture of integrity, accountability, and safety for the bank and our customers. Core Values in Action This role is expected to consistently demonstrate the bank’s core values: Courage – ”We stand with Courage to overcome challenges by aligning our actions with our values.” Compassion – ”We embody Compassion through empathy and acts of kindness.” Wisdom – ”We offer our collective Wisdom in service of others.”

Requirements

Qualifications

Responsibilities

Assist the BSA Officer with daily monitoring of transactions for suspicious activity and regulatory compliance.
Review alerts, reports, and exception items generated by the bank’s AML software; escalate issues as appropriate.
Conduct due diligence and maintain documentation on new and existing customer accounts, including Beneficial Ownership (BOI) information.
Assist in preparing and filing Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs) in a timely and accurate manner.
Monitor cash transaction logs, large currency reports, and monetary instrument logs for completeness and accuracy.
Perform OFAC checks on new accounts, wire transfers, and other applicable transactions.
Maintain and organize BSA/AML-related files and records in accordance with record retention policies.
Support internal audits and regulatory examinations by preparing required documentation and reports.
Assist with updating policies, procedures, and training materials related to BSA/AML compliance.
Participate in ongoing training to stay informed about current BSA/AML laws, regulations, and industry best practices.
Perform other duties as assigned by the BSA Officer or Compliance Department.