BSA Specialist I

BOT Career•Johnson City, TN

3d•Onsite

About The Position

As the BSA Specialist I, you will assist the BSA Officer with the compliance of Bank of Tennessee’s Bank Secrecy Act/Anti-Money Laundering (BSA/AML) and Office of Foreign Assets Control (OFAC) programs. As a representative of the Bank, you are required to present a positive and professional image at all times.

Requirements

High school diploma or equivalent required
1-year experience of working in a financial institution preferred
Possess knowledge of account titling and documentation requirements
Possess acute attention to detail
Possess strong written and verbal skills
Ability to be self-motivated and strong organizational skills
Ability to read, analyze and interpret documents
Ability to think analytically and strategically
Ability to work independently and with a team
Ability to manage changing workloads with an emphasis on quality and established deadlines
Ability to be service-oriented and a team player

Responsibilities

Conduct initial reviews and edits of customer identification program (CIP)
Conduct initial reviews and edits of identification verification (IDV)
Conduct initial and semi-annual High-Risk Customer reviews
Conduct initial reviews and edits of currency transaction reports (CTRs)
Conduct daily and monthly reviews of monetary instrument (MI) purchases
Adhere to all necessary Office of Foreign Assets Control (OFAC) requirements and perform functions accordingly
Process Verafin alerts as directed
Review the Bridger Insight Real-Time Search Report daily
Review the New Customer report daily
Complete Bankers Healthcare Group (BHG) approval requests
Update ACH and RDC (Remote Capture Deposits) information in Verafin as needed
Conduct quarterly ACH and RDC reviews
Conduct transaction/account reviews as directed by the BSA Officer
Conduct wire reviews as directed by the BSA Officer
Conduct monthly review of outstanding official checks
Assist the BSA Officer with the department business continuity plan as directed
Assist the BSA Officer with Private ATM Owners on-site visits
Maintain compliance with regulations and bank policies and procedures, including the Bank Secrecy Act (BSA) and the Office of Foreign Assets Control (OFAC) requirements
Actively support the ongoing development of a culturally diverse workforce
Complete other duties as assigned as determined by management to be reasonable and beneficial