BSA Specialist

Exchange Bank•Santa Rosa, CA

9d•$22 - $33

About The Position

BSA Specialist may be responsible for one or a combination of the following areas: Customer Due Diligence / Beneficial Ownership Compliance Currency Transaction Reporting BSA/AML Compliance Fraud Risk Monitoring and Reporting Elder/Dependent Adult Abuse Office of Foreign Assets Control (OFAC) Compliance Security Support Examinations & Audits Essential job duties will include but are not limited to: Create and maintain customer risk profiles in the BSA/AML software.1 Process and evaluate required customer due diligence, assigning risk scoring as required. Perform “Know Your Customer” (KYC) reviews for new customers. Research, investigate, and analyze customer due diligence for anticipated activity and related behavior that indicates potential suspicious activity or money laundering. Identify suspicious activity and escalate as appropriate. Provides branch support for Currency Transaction Reports (CTRs). Follow BSA/AML policy, procedure and FFIEC Guidance to ensure compliance with laws and regulations relating to BSA, US Patriot Act, OFAC, Fact ACT, and Elder Justice Act. Respond to departments and front-line staff concerning potential fraud. Detect, respond and report Elder Abuse and dependent adult abuse. Provide guidance to branch and departmental personnel in researching and clearing potential OFAC hits. Maintain and monitor the security programs which include the video surveillance systems. Support the BSA Officer during third party audits and Federal and State examinations. Respond to branch and department inquiries regarding BSA/AML, OFAC, and fraud policy and procedures.

Requirements

Knowledge of general bank operations including branch cash handling procedures.
Knowledge of transaction methods and practices of customer transactions and activities.
General understanding of regulatory concepts including, but not limited to: the Bank Secrecy Act, Office of Foreign Assets Control sanctions, and the USA PATRIOT Act.
Skills operating BSA/AML software and compliance monitoring systems, transaction and wire transfer systems, preferred.
Skills operating a personal computer including detailed knowledge of web browser applications.
Ability to work in a fast-paced and dynamic environment with a drive to deliver outstanding results.
Proficient in MS Office (Outlook/Word/Excel/Access/PowerPoint).
Ability to stand, bend, stoop, sit, walk, twist and turn; lift up to 25 pounds occasionally.
Ability to use a computer keyboard and calculator.
A combination of education and experience equivalent to a high school diploma; and knowledge typically gained through a minimum of 1-3 years of related experience in the financial industry.

Nice To Haves

Skills operating BSA/AML software and compliance monitoring systems, transaction and wire transfer systems, preferred.

Responsibilities

Create and maintain customer risk profiles in the BSA/AML software.
Process and evaluate required customer due diligence, assigning risk scoring as required.
Perform “Know Your Customer” (KYC) reviews for new customers.
Research, investigate, and analyze customer due diligence for anticipated activity and related behavior that indicates potential suspicious activity or money laundering.
Identify suspicious activity and escalate as appropriate.
Provides branch support for Currency Transaction Reports (CTRs).
Follow BSA/AML policy, procedure and FFIEC Guidance to ensure compliance with laws and regulations relating to BSA, US Patriot Act, OFAC, Fact ACT, and Elder Justice Act.
Respond to departments and front-line staff concerning potential fraud.
Detect, respond and report Elder Abuse and dependent adult abuse.
Provide guidance to branch and departmental personnel in researching and clearing potential OFAC hits.
Maintain and monitor the security programs which include the video surveillance systems.
Support the BSA Officer during third party audits and Federal and State examinations.
Respond to branch and department inquiries regarding BSA/AML, OFAC, and fraud policy and procedures.