What are the responsibilities and job description for the BSA/AML Specialist position at Citizens National Bank?
BSA/AML Analyst
Classification: Non-Exempt
Salary Grade: 1
Reports to: BSA/AML Officer
Summary/Objective
The BSA/AML Analyst is responsible for ensuring regulatory required transactions are identified, assessed and reported upon and/or referred to appropriate parties within regulatory time frames. This individual assists the Banks BSA/AML Officer as directed. Additionally, this individual will interact with bank and branch staff to ensure compliance with the Banks BSA/AML Compliance Program.
Primary Functions
1. Maintain the Banks Customer Identification Program
a. Review account opening reports
b. Maintain a database of missing information
2. Maintain the Banks Monetary Instrument Sales program
a. Quality control reviews of all $3,000 and Up Monetary Instrument Sales forms
b. Track monetary instrument sales and report monthly for any suspicious activity
3. Conduct Exceeds Declared Behavior and Exceeds Behavior Profile reviews for suspicious activity.
4. Conduct Suspicious Activity reviews.
a. Perform independent analysis of alerts involving suspicious activity including, but not limited to, structuring and fraud.
b. Review transaction patterns, activities and behaviors and analyze alerts against customer profiles.
c. Ensure timely resolution of alerts by providing final supporting documentation and rationale to file or not to file a Suspicious Activity Report (SAR).
d. Prepare and present SARs on suspect transaction for review by the Banks SAR Committee.
5. Assist in the support and maintenance of the system-wide and New Employee BSA training program.
Secondary Functions
1. Provide support in the collection of any requested information for audits or exams.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Supervisory Responsibility
This position has no supervisory responsibilities.
Work Environment
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, and fax machines.
Position Type/Expected Hours of Work
This is a full-time position. Days and hours of work are Monday through Friday, 8:00 a.m. to 5:00 p.m.
Travel
Minimal travel is expected for this position.
Required Education and Experience
- High school graduate or GED.
- Proficiency in computer applications.
- Working knowledge of BSA/AML regulation.
- General knowledge of banking operations.
- Working knowledge of Microsoft Office products.
- High degree of accuracy and attention to detail.
- Ability to problem solve and recommend solution.
- Excellent written and verbal communication skills.
- Must be able to work independently, prioritize assignments, and organize concurrent responsibilities.
- Ability to maintain confidentiality and handle delicate circumstances professionally.
Preferred Education and Experience
- Post High School Education or related experience.
AAP/EEO Statement
Citizens National Bank is an equal employment opportunity employer and complies with all applicable laws and regulations regarding affirmative action and equal opportunity and does not illegally discriminate against anyone protected by law because of that persons race, creed, color, age, sex, sexual orientation, gender identity, national origin, religion, status as an individual with a disability, or protected veteran status.
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
