BSA Specialist
About The Position
Atlantic Community Bankers Bank (ACBB) is seeking a dedicated and detail-oriented BSA Specialist to join our Risk and Compliance team. About ACBB: Embark on an exciting journey with Atlantic Community Bankers Bank (ACBB), where we're shaping the future of community banking! At ACBB, our people are at the heart of everything we do. We take pride in offering dynamic correspondent services, including loan participations, Fed Funds transactions, compliance services, settlement solutions, and more—all without competing with our customer banks. Join our passionate team, where employees are trusted, supported, and encouraged to grow, and help us deliver innovative solutions to community banks and financial institutions nationwide. Position Summary: Join our dynamic team as a BSA Specialist, where you will play a critical role in supporting the Banks’s compliance program. This position performs risk and compliance functions to support the Bank’s adherence to Bank Secrecy Act (BSA), Anti-Money Laundering (AML), OFAC, and related regulatory requirements. This role reviews transaction monitoring alerts, conducts enhanced due diligence (EDD) reviews, supports documentation and reporting efforts, and escalates potential risks related to suspicious financial activity in accordance with regulatory expectations and internal procedures.
Requirements
- High school diploma or equivalent
- Strong written and verbal communication skills
- Effective organizational and time-management skills
- Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook)
- Strong attention to detail, analytical ability, and fact-finding skills
- Ability to manage multiple priorities in a regulated environment
- Ability to work independently and collaboratively in a team environment
Nice To Haves
- Two (2) or more years of banking experience
- Familiarity with BSA/AML regulations and banking regulations
- Experience with automated transaction monitoring systems
- Specialized banking training or additional education
- CAMS or similar AML certification
Responsibilities
- Transaction Monitoring & Investigations
- Review and remediate transaction monitoring alerts, including those related to marijuana-related businesses (MRB), OFAC, and politically exposed persons (PEPs), escalating as appropriate
- Analyze alerts generated by automated transaction monitoring systems and disposition cases in accordance with established procedures
- Conduct enhanced due diligence (EDD) on high-risk customer accounts, including research and risk assessment
- Identify and escalate suspicious activity related to money laundering, terrorist financing, fraud, or other unlawful financial activity
- Reporting & Documentation
- Assist with the creation and maintenance of BSA/AML-related reports and case documentation
- Ensure accurate and complete documentation of investigations, alerts, and reviews
- Assist with updates to policies, procedures, and training materials to align with regulatory guidance
- Audit & Regulatory Support
- Support preparation for external third-party reviews and regulatory examinations
- Participate in compliance meetings, training activities, and special projects as assigned
Benefits
- Competitive compensation package
- Comprehensive benefits package
- 401(K) with employer match
- Generous Paid Time Off (PTO) policy and 11 paid holidays
- Tuition reimbursement
- Birthday holiday and additional unique benefits
- Employee Assistance Program
- Flexibility with Purpose — Hybrid roles, in-office connection.
- Performance bonus opportunities
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
Number of Employees
101-250 employees
