BSA Officer

The Bank Secrecy Act (BSA) Officer is responsible for developing, implementing, administering, and maintaining all aspects of the Bank Secrecy Act/Anti-Money Laundering (AML) Compliance Program to ensure a high level of compliance with the BSA/AML related laws and regulations, internal policies and procedures and regulatory expectations. The position of BSA Officer requires you to be fully knowledgeable and skilled in all areas of BSA/AML Compliance and be able to independently recognize, develop, and implement cost effective compliance related solutions for the BSA/AML program.

Essential Job Functions:

· Accountable for the development, programming, implementation and daily analysis of the BSA/AML compliance oversight program that is appropriate for the size, complexity, and risk profile of i3 Bank.

· Enhance, develop, implement and administer the BSA/AML/OFAC/USA Patriot Act monitoring systems to ensure that appropriate parameters are in place to identify suspicious and/or fraudulent activity.

· Understand and utilize software to identify potential suspicious activity and assist with technology enhancements/upgrades, regulatory updates, specialized projects, etc.

· Coordinate, oversee and maintain appropriate SAR investigation, review and reporting processes that promote consistent decisions; adequate investigation and research; and complete and detailed documentation.

· Conduct BSA/AML/OFAC risk assessments annually or as needed with consideration to products, services, customers, and geographies that may present BSA/AML/OFAC related risks.

· Act as the main point of contact for regulatory examinations and internal and external independent reviews or audits of the BSA/AML/OFAC compliance programs.

· Participate in response to exam and audit concerns and oversee corrective action of all related compliance deficiencies or violations.

· Administer BSA/AML/OFAC related training programs to Directors, Management, and Employees and provide BSA guidance and coaching to employees.

· Stay abreast of and analyze developing industry and compliance trends, scams or schemes, and changes to laws and regulations pertaining to BSA/AML/OFAC/USA Patriot Act.

· Advise Management and Board of Directors of emerging risks, new or amended laws, regulations, or agency guidance and recommend and implement changes and controls to mitigate those risks.

· Organize the work and activities of the BSA Department to achieve established goals; and monitor the efficiency and performance of the department against established standards.

· Lead by example to create an inclusive and professional environment where all team members are respected, and diversity is valued.

· Demonstrate genuine care for every team member, taking the initiative to assist others.

Job Requirements:

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position.

· Minimum of eight (8) years of prior financial institution BSA/AML compliance experience in developing and implementing BSA/AML/CIP/OFAC policies, programs, and procedures

· Extensive knowledge of Bank Secrecy Act/Anti Money Laundering/U.S. Patriot Act, OFAC Regulations regulations and requirements including Currency Transaction Reporting (“CTRs”), suspicious activity monitoring and reporting (“SARs”), customer due diligence (“CDD”) and Know Your Customer (“KYC”) standards.

· Comprehensive understanding of bank deposit operations, lending activities, cash intensive and high-risk business banking, and other related consumer banking and compliance functions.

· Ability to interact effectively with all levels of management, legal counsel, law enforcement, regulators and examiners while maintaining strict confidentiality.

· Strong decision making, analytical and investigative abilities with attention to detail and accuracy within tight deadlines.

· Proficient computer skills including the use of Microsoft Office products and experience and training in BSA/AML monitoring software preferred.

· Strong interpersonal, communication (written and verbal), and organizational skills with the ability to work independently, as well as lead a team.

Physical Requirements:

Following are the physical demands, or representative of those, that must be met to perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

· This position requires visual acuity at 20 inches (or less) over 66% of the time.

· Extensive use of PC during the day - utilizing continuous viewing.

· High amount of workflow to work efficiently, accurately and to maintain good customer relations.

· Ability to talk to communicate on phone and in person; read and interpret documents such as regulatory, policy manuals and procedures.

· Must-have reasoning ability to convey detailed instructions in writing and verbally; problem solving to handle multiple situations and issues in a calm manner.

· Ability to hear normal conversations and receive information and converse with others.

· Will utilize a computer to perform daily duties and to prepare documents, using dexterity and hands for typing, physically moving and handling documents, etc.

· Ability to follow detailed and general instructions and possess advanced reading comprehension skills.

· This position requires up to 10% travel, which may include flying and/or driving and some overnight stays.

DEI

At i3 Bank Diversity, Equity, and Inclusion (DEI) drive value for our stakeholders and make us a stronger, smarter and more informed organization. We are passionate about attracting and retaining talent with the mix of skills and expertise needed to maximize our effectiveness. We are committed to an open and inclusive environment. We cultivate a supportive, equitable and welcoming hiring process and ensure the growth and development of our employees so we can provide the best products and services to our clients and the communities we serve.

Equal Employment Opportunity Policy

i3 Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Job Type: Full-time

Pay: $80,000.00 - $110,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Tuition reimbursement
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Ability to Relocate:

• Bennington, NE 68007: Relocate before starting work (Required)

Work Location: In person