BSA Specialist I

Glacier Bancorp, Inc.•Billings, MT

About The Position

Western Security Bank is seeking a Bank Secrecy Act (BSA) Fraud Specialist. The Bank Secrecy Act (BSA) Fraud Specialist I plays an essential role in assisting with compliance responsibilities that have been distributed to the bank divisions and in supporting centralized compliance operations. The position works in partnership with the Division BSA Officer to ensure the organization meets all requirements under the Bank Secrecy Act, anti–money laundering regulations, the Patriot Act, and all federal laws related to financial crimes prevention. Responsibilities include supporting transaction reviews, customer due diligence, beneficial ownership verification, risk assessments, and follow-up on exceptions identified by compliance staff. This role also assists in researching transactions that may indicate suspicious activity, preparing required regulatory reports, and coordinating with BSA Officer to ensure timely and accurate responses. The BSA Fraud Specialist adheres to all company standards and contributes to a consistent, reliable, and fully compliant BSA program within our division.

Requirements

Minimum two years of banking experience.
Working knowledge of BSA/AML filing requirements preferred.
Equivalent combination of education and experience.
Ability to handle all BSA related information, documentation, and communication in a secure and confidential manner.
Ability to be a highly motivated self-starter with intense focus on results.
Ability to understand and follow written and oral instructions
Ability to communicate effectively verbally and in writing.
Ability to apply a high degree of attention to detail as well as excellent organizational skills to perform in a fast-paced environment.
Ability to prioritize and organize heavy workload(s) and demonstrate effective time management skills.
Ability to define problems, collect data, establish facts and draw valid conclusions.
Ability to establish and maintain effective personal working relationships with peers and supervisors.
Skilled in meeting and greeting the public.
Ability to handle multiple projects and details simultaneously.
Ability to write routine reports and correspondence.
Ability to add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
Ability to motivate co-workers.
Ability to deal with problems involving several concrete variables in standardized situations.
Ability to work cooperatively with staff inside and outside of the department.
Knowledge of online services and the Internet.
Ability to work well under pressure.
Basic computer skills with working knowledge of word processing, spreadsheets, ten-key, and general computer applications.
Must be able to work independently and manage a schedule to complete all the above tasks.

Responsibilities

Responsible for working with Corporate BSA Team to investigate transactions that are suspicious in nature.
Responsible for providing initial review of Currency Transaction Reports (CTR) reports.
Responsible to effectively prepare the Centric, Internal Transactions, Monetary Instrument, Non-Customer Cashed Transactions, Teller Transactions, and Wire Transaction reports within the BAM+ program, regularly.
Assists with reviews of High-Risk Customers and any other client designated as requiring additional monitoring.
Assists BSA Officer and customer(s) in regards to initial CTR exemptions and annual reviews, Money Service Business (MSB) reviews and revocations, ATM holder reviews, and any other client requiring division assistance or interaction.
Responsible for maintaining an understanding and working knowledge of banking operations as they relate to BSA/AML/OFAC compliance including: teller functions, new accounts, wire transfers, electronic banking, letters of credit, etc.
Required to ensure record keeping requirements are followed on all BSA/AML/OFAC related areas.
Must comply with all company policies and procedures, as well as all applicable laws and regulations including but not limited to the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Must complete the assigned online training courses and achieve a passing score by due date.
Responsible for ensuring all BSA related information, documentation, and communication are handled in a secure and confidential manner.
Supports the Division BSA Officer in any additional ways needed to support the BSA program.
Regularly assists Division Security Officer with fraud investigations.
Assists in researching high-risk accounts that are being considered for account closure.
Responsible for reviewing the Fraud reports, Great Data report, and additional BSA Daily Reports as assigned.
Regularly reviews email list sent by GBCI Fraud Department listing potential Zelle Fraud Suspects, and responds to GBCI with any findings.
Responsible for assisting with fraud and BSA training(s) of employees.
Assists answering calls in Operations Department by utilizing policy and procedural guidelines and providing thorough research.
Actively participates in WSB continuing education
Responsible for fulfilling the mission statement: “We intentionally make banking better for our customers and community by making every experience simple and powerful.”
Actively use the Exceed the Expected Service Principles for all service encounters:
Practice the WSB Core Values
Actively establishes rapport and shows concern.
Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.
Other duties as assigned.