BSA Specialist I – Alerts Team
About The Position
The BSA Specialist for the Suspicious Activity Monitoring (“SAM”) Alerts team is responsible for the enterprise-wide review of the automated and ad-hoc alert monitoring. The position supports the overall BSA compliance efforts as required under the Bank Secrecy Act, the USA Patriot Act and the Bank’s BSA/AML/OFAC Compliance Program and Procedures. The BSA Specialist monitors and maintains email communications with various lines of business regarding alerted activity and ensures the information received is documented. Referrals for unusual activity from all lines of business are vetted by the BSA Specialist, as well as incoming 314b requests, legal requests, and law enforcement requests.
Requirements
- 2 - 3 years banking experience and 1 -2 years BSA experience.
- Working knowledge of various laws, regulations and guidance as it relates to BSA, AML and OFAC.
- Strong communication, problem solving and time management skills.
- The ability to work in a fast paced environment.
Nice To Haves
- Bachelor’s degree is preferred.
Responsibilities
- Review and analyze BSA monitoring alerts from both system and special report to identify unusual activity patterns in customer activity as it relates to BSA red flags.
- Conduct research using available bank systems to assist in the completion of the review.
- Provide clear and accurate assessment of the review with corresponding documentation for each of the dispositions.
- Conduct secondary review of alerts to determine if a case should be created for further review by Investigations or if the alert can be waived as not suspicious.
- Review and analyze legal requests, unusual activity reports, 314b requests, and fraud reports from the front line.
- Communicate internally to all lines of business to obtain additional information, and upon receipt, documenting to complete analysis.
- Attend BSA training sessions and professional development.
Benefits
- Medical Insurance
- Dental
- Vision
- Life insurance
- Accidental death and dismemberment
- Short-term and long term Disability Insurance
- Parental Leave
- Employee Assistance Program (EAP)
- Traditional and Roth 401(k) with company match
- Flexible Spending Account (FSA)
- Employee Stock Purchase Plan at 5% discount
- Critical Illness Insurance
- Accident Insurance
- Transportation and Commuting Benefits
- Banking Benefits
- Pet Insurance
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
