BSA Assistant

• SUMMARY:

This position performs various quality control reviews and monitoring in the area of Bank Secrecy Act, USA Patriot Act, Anti-Money Laundering, OFAC and Customer Identification Program compliance using industry standard and regulatory guidance sampling methods to ensure the Bank's compliance efforts are maintained on a daily basis. This position reports to the BSA Officer. This position advises the Bank's Senior Management and Bank personnel of emerging compliance issues and consults and guides the Bank in the establishment of controls to mitigate risks and the potential for penalties and/or costs associated with non-compliance. This position will assist the BSA/AML Officer to ensure appropriate policies and procedures are in place to fully implement the drive against money laundering and best practice standard guidelines for the "Customer Information Program" and "Know Your Customer."

The scope of responsibility includes the entire life cycle of detection of unusual activity, ongoing monitoring and preparation of investigative summaries and accurate SAR narratives for submission to the Compliance Officer. Ensures investigative and due diligence functions are performed accurately, timely and in accordance with regulatory and agency requirements and bank policy.

This position will review and maintain Medical Marijuana Related business (MMRB) accounts. Perform pre- and semi-annual post-site visits for Tier I and Tier II MMRB customers. Update documentation related to the account forms and licenses.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Responsible for verifying that all documentation is current and imaged appropriately
• Responsible for accurately completing all CTR's and SARs
• Responsible for building relationship with MMRB customers
• Consistently demonstrates our customer service standards.

OTHER DUTIES AND RESPONSIBILITIES:

• Will advise and assist department managers, officers, and staff in their respective functions associated with the arears for which he or she has direct responsibility
• Actively engage with people in a respectful and professional manner.
• Will coordinate with Personal Bankers on MRB and MSB new account applications (and other designated high risk accounts) to verify all documentation was obtained and coordinates pre- and post-site visits and other due diligence. Once all reviews are completed, then will turn in to the appropriate personnel for approval.
• Directs interaction with other departments within the bank, as necessary, to coordinate the investigation of cases involving potential criminal matters relating to theft, fraud, embezzlement, and bank robbery, or other violations of law.
• Conducts investigations of suspicious activity, detects documentation deviations. Serves as the primary resource for investigative techniques and advice on the disposition of alerts/escalations. Reviews with the SAR Committee all information related to identified scenarios, to include whether or not to file a SAR is appropriate and whether additional action, such as contacting law enforcement or regulators or recommending the cessation of a customer relationship is necessary
• Review the development of new banking products to ensure compliance with appropriate laws and regulations.
• Other duties as assigned.

POSITION REQUIREMENTS:

• Education - High School diploma or equivalent (GED)
• Experience - Minimum of 5 years' experience in banking with 2 or more years in BSA/AML.

KNOWLEDGE, SKILLS, and ABILITIES:

• CRCM preferred
• Fully knowledgeable of the BSA and all related regulations
• General office equipment (computer, printer, fax, copy machine), scanner, adding machine, calculator
• Computer knowledge in a Windows environment
• Basic knowledge of Microsoft Outlook, Excel and Word
• Excellent verbal and written communication skills.

Job Type: Full-time

Pay: $16.83 - $21.63 per hour

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Physical Setting:

• Office

Schedule:

• 8 hour shift

Education:

• High school or equivalent (Preferred)

Experience:

• Microsoft Powerpoint: 1 year (Preferred)
• Banking: 5 years (Preferred)

Language:

• Bilingual, multilingual a plus (Preferred)

Work Location: One location