BSA Compliance Specialist

Mid America Bank • Jefferson City, MO

2d • Onsite

About The Position

This is an exciting new role created to support our continued growth, offering meaningful career advancement opportunities for the right candidate. As a full-time team member, you will receive an outstanding benefits package including 100% employer-paid medical coverage for you and your dependents, 50% employer-paid dental and vision coverage for your family, and a generous 401(k) offering. Job Overview The BSA Compliance Specialist supports the administration and day-to-day operations of the Bank’s Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) compliance program. Working under the direction of the AML/CFT Officer, this role assists with monitoring, investigations, reporting, and documentation to ensure compliance with applicable regulatory requirements. This position is designed as a development role with progressive exposure to all aspects of the Bank’s AML/CFT program. The BSA Compliance Specialist will gain increasing responsibility, judgment, and independence over time. Additionally, the position may participate in projects that support other functions within the risk management department as needed.

Requirements

• Bachelor’s degree in Business, Finance, Accounting, Criminal Justice, or related field preferred; equivalent experience considered.
• 1–3 years of banking experience required; exposure to deposit operations, compliance, or risk functions preferred.
• Prior experience with BSA and AML/CFT monitoring, investigations, or reporting is a plus.
• Basic understanding of AML/CFT, OFAC, and related regulatory requirements (or willingness to learn quickly).
• Familiarity with transaction monitoring systems and case management tools preferred.
• Proficiency in Microsoft Office (Excel, Word, Outlook).
• Strong analytical and critical thinking skills with attention to detail.
• Ability to maintain confidentiality and handle sensitive information.
• Strong organizational and documentation skills.
• Effective written and verbal communication skills.
• Ability to follow established procedures while developing independent judgment.
• Demonstrated initiative and willingness to learn complex regulatory concepts.

Nice To Haves

• Exposure to deposit operations, compliance, or risk functions preferred.
• Prior experience with BSA and AML/CFT monitoring, investigations, or reporting is a plus.
• Familiarity with transaction monitoring systems and case management tools preferred.

Responsibilities

• Assist the AML/CFT Officer with managing the Bank’s AML/CFT and OFAC compliance program.
• Assist in maintaining and updating (as needed) all AML/CFT/OFAC policies and procedures, and all related risk assessments to reflect regulatory changes and evolving risks.
• Assist Bank associates in answering AML/CFT/OFAC questions and inquiries and analyzing any issues that develop.
• Maintain organized and audit-ready program documentation.
• Review system reports to identify transactions requiring a Currency Transaction Report (CTR) and/or a Suspicious Activity Report (SAR) filing, including communication with branch associates for transaction data and information.
• Review alerts generated by associate referrals or automated monitoring software and analyze activity to identify potential suspicious activity.
• Prepare draft Currency Transaction Reports (CTRs) for AML/CFT Officer review.
• Ensure accurate and complete supporting documentation is maintained in accordance with regulatory requirements.
• Escalate potential suspicious activity to the AML/CFT Officer in a timely manner.
• Assist AML/CFT Officer with administration of CDD/EDD risk rating and monitoring program and expand monitoring of higher-risk customers.
• Review and update customer risk ratings and profiles as directed.
• Perform OFAC screening reviews, including researching and resolving potential matches.
• Support monitoring of higher-risk customers and accounts.
• Support internal audits and independent testing by gathering requested documentation.
• Track audit and exam findings, corrective actions, and follow-up items.
• Participate in internal reviews and quality control processes.
• Also, participate in regulatory exam preparation and examiner interactions as appropriate.
• Maintain working knowledge of all AML/CFT and OFAC laws, regulations, regulatory guidance, and industry best practices and rising trends.
• Assist in compiling data for periodic AML/CFT reports to management and the Board.
• Prepare summaries, metrics, and tracking logs for the AML/CFT Officer.
• Support documentation of SAR tracking and related reporting requirements.
• Actively build knowledge of AML/CFT and OFAC regulations and supervisory expectations.
• Participate in regulatory exam preparation and examiner interactions as appropriate.
• Shadow and support the AML/CFT Officer in higher-level responsibilities, including program oversight and reporting.
• Gradually assume expanded responsibilities based on performance and readiness.
• Other duties as assigned by the AML/CFT Officer or Chief Risk Officer.
• Maintain confidentiality of sensitive customer and investigative information.
• Demonstrate professionalism, integrity, and commitment to ethical banking practices.
• Support a strong risk and compliance culture across the organization.

Benefits

• 100% employer-paid medical coverage for you and your dependents
• 50% employer-paid dental and vision coverage for your family
• Generous 401(k) offering

What This Job Offers

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