BSA Compliance Officer - To 105K - Ontario, CA - Job 3758
About The Position
Our bank client is seeking to fill a BSA Compliance Officer role in the Ontario, CA area. This selected candidate will be responsible for providing support to the BSA Compliance Manager on fulfilling the Bank’s BSA/AML/OFAC compliance program requirements. The incumbent will have proficient knowledge of all Federal regulations as they relate to BSA. The individual will identify, monitor, control, and manage BSA compliance risk by performing the following essential duties and responsibilities. This position includes a generous salary of up to $105K and a full benefits package. (This is not a remote position.)
Requirements
- Bachelor’s Degree or equivalent experience.
- Two or more years of prior experience in regulatory matters is required.
- Working knowledge of Federal and State Anti-Money Laundering compliance statutes and regulations.
- Ability to read and interpret statutes and regulations.
- Ability to communicate effectively verbally and in writing.
- Proficiency in all programs within Microsoft Office.
- Ability to relate to individuals at all levels within the organization as well as with regulatory agencies and external contacts.
Nice To Haves
- BSA/AML certifications are preferred.
- Familiarity with the Fiserv core system and reports is desirable.
Responsibilities
- Maintains proficient knowledge of regulatory and related laws as they pertain to BSA compliance focus areas.
- Serves as a program administrator and Bank’s in-house subject matter expert for OFAC Monitoring Software, including periodical review and testing of data integrity and system parameters. This includes software updates, upgrades, testing, model monitoring and training to BSA Staff.
- Responds to OFAC escalations.
- Supports the BSA Compliance Manager in implementing the Bank’s AML/CFT Compliance Program, which may include monitoring and implementation of established policies and procedures, training and preparation of periodic reports to management and Board of Directors on the status of key BSA activities.
- Provides backup support to the AML Compliance Officer in the management of CTRs (including Exempt CTR Customers), SARs Alerts and SAR preparation as needed.
- Provides backup support to the EDD Compliance Officer in the management of High-Risk Customers (i.e. MSBs, NRAs, PEPs, TPPPs), and reviewing/approving EDD reviews completed by EDD Analysts as needed.
- Provides backup support to the AML Systems Officer in oversight of the AML Software, which may include periodical review and testing of data integrity and system parameters as needed.
- Makes recommendations concerning operating procedures, processes and methods for improved efficiency and risk reduction to meet the objectives of the Bank’s BSA Program.
- Reports promptly to the BSA Compliance Manager, regarding any known or suspected violations to the Bank’s AML/CFT Compliance Program, policies or procedures.
- Collects data and prepares documentation as requested for internal audit and regulatory examinations.
- Complies with, and stays abreast of, all policies and procedures, federal and state laws applicable to the job.
- Performs other tasks assigned by the BSA Compliance Manager.
- Other duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
1-10 employees
