Compliance & BSA Specialist

CFBank • Columbus, OH

10d • Onsite

About The Position

The Compliance & BSA Specialist supports the Bank’s compliance-related programs including but not limited to Bank Secrecy Act/Anti-Money Laundering, Lending and Deposit Regulations, HMDA, and CRA, ensuring the programs function at a high level of compliance. The Bank Compliance & BSA Specialist is responsible for a wide range of daily tasks as well as long-term projects to maintain and further develop the Bank’s compliance initiatives with a special focus on BSA.

Requirements

• At least 1 year of Bank Compliance and BSA experience is required.

Nice To Haves

• An associate’s degree or related direct experience is strongly preferred

Responsibilities

• Support the Compliance/BSA team members and other internal partners through overall bank compliance expertise, acting as a subject matter expert on various compliance-related programs, internal policies, and regulatory guidelines.
• Provide administrative support to the Bank’s overall compliance program, leveraging skills in data collection, monitoring, analysis, communication, and reporting.
• Directly support the BSA Officer in maintaining the Bank's BSA/AML compliance program and to assist in meeting and maintaining all BSA/AML compliance requirements
• Assist with recordkeeping, processing, and reporting of Currency Transaction Reports
• Aid in monitoring customer due diligence as well as maintaining the BSA software, recordkeeping systems, and reporting, helping to identify suspicious activity.
• Analyze transactions to determine if they are suspicious in nature, taking appropriate action to document, escalate, and/or submit SARs.
• Maintain a current, thorough understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practices, criminal activities and developing trends.
• Will be responsible for completing special projects as assigned by manager
• Interact effectively with all levels of the organization, including senior leadership, as well as regulators and examiners as appropriate.
• Help support the implementation of operational/compliance procedures to comply with banking regulations and requirements.

Benefits

• Dependent coverage
• Generous PTO
• Federal Holidays
• Paid Parental Leave for those who qualify for eligibility
• 401k Plan and Employee Match of 50% of the first 8% deferred
• Employee Banking Products and Services
• Direct Deposit of payroll to CFBank Account
• Employee Assistance Program with a wide range of free resources such as estate planning and wellness resources

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree