Senior BSA Specialist

German American Bancorp • Whitehall, OH

2d

About The Position

The Senior BSA/AML Specialist plays a critical role in protecting the financial institution from money laundering, terrorist financing, and other financial crimes. The position serves as a key line of defense, ensuring compliance with the Bank Secrecy Act (BSA)

At Heartland Bank, a Division of German American, we know it is our employees’ vast knowledge base and expertise that enables us to work efficiently while providing customer service excellence to support performance. As a Senior Bank Secrecy Act (BSA) Specialist, you support the company mission of strong performance as you meticulously review transactions, serving as a second-line of defense against money laundering and other illegal financial crimes. Your work reviewing transactions, providing support to front line staff, as well as acting as a resource for other BSA related topics, is essential in the company’s program to comply with the Bank Secrecy Act.

Requirements

• Excellent verbal and written communication, analytical, research, and Microsoft Office skills
• Ability to multi-task and prioritize in a regulatory reporting deadline driven environment
• Detail oriented
• Willingness and ability to learn our core processing software, BSA related software products and regulatory requirements, and bank policy
• Enthusiastic, self-motivated, and team oriented
• Willing to mentor team members

Responsibilities

• Review currency transaction reports (CTRs), customer risk rating reports and forms, and transaction and risk alerts provided by team members or Bank Secrecy Act/Anti-Money Laundering (BSA/AML) software
• Perform Office of Foreign Assets Control (OFAC) reviews of transactions
• Complete high risk customer reviews along with reviews of customer activity for CTR exemptions
• Review reports for unusual activity on a regular basis
• Create cases for any unusual activity that you uncover to aid in meeting BSA regulatory reporting requirements
• Involved in 314B information sharing with other financial institutions
• Create and submit Suspicious Activity Reports
• Participate in system reviews designed to validate functionality of software programs used by the BSA team
• Stay engaged with industry news and resources, as well as participate in periodic training regarding all BSA/AML related regulations
• Travel may be required for training

Benefits

• Flexible working location: Evansville, IN or Jasper, IN or Owensboro, KY or Whitehall, OH
• Medical, dental, vision, STD, LTD, Life insurance, etc.
• 17 days paid time off, 11 paid holidays, paid parental bonding leave, and bereavement leave
• Education Assistance Program
• Parental Bonding Leave
• Wellness benefits
• Life event coverage
• Service awards
• Financial benefits including 401(k) match, stock purchase plan and more
• Great deals on both national and local discounts on everything from computers and vacations to phones and retail shopping.
• Logo wear discounts
• Free checking account, checks and discounted bank services

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed