Bank Secrecy Act (BSA) Specialist I

Bank Secrecy Act (BSA) Specialist I

Full-Time, Non-Exempt

Assist in the maintenance of policies and procedures regarding compliance with federal and state laws and regulations concerning BSA, Anti-Money Laundering and OFAC. Perform the activities contained within the “Essential Functions” section of this position description.

Essential Functions

• Process and file the Currency Transaction Reports (CTRs) in a timely manner.
• Investigate all alerts generated by the automated monitoring system and either clear them or escalate to a case.
• Review daily reports from Finance to ensure that customers generating alerts do not have further suspicious activity.
• Assist BSA Officer in reviewing entities which are exempt from CTR reporting.
• Review Monetary Instruments on a quarterly basis to ensure that the recordkeeping requirements are being met and to detect any suspicious activity.
• Stay current on regulatory changes by attending regular department meetings.
• Complete all assigned training in a timely manner.
• Attend all webinars assigned by the BSA Officer.

Competencies

• Comply with bank regulations; maintain above average performance in all areas of compliance.
• Effective/strong written and verbal communications skills.
• Strong analytical skills.
• Ability to deliver a high level of responsiveness and “above average” customer service to external/internal customers.

Experience

• One or more years of Teller, Deposit Operations or BSA/AML experience.

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 depending on qualifications.

Benefits:

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

Job Type: Full-time

Schedule:

• 8 hour shift
• Monday to Friday

Experience:

• Microsoft Powerpoint: 1 year (Preferred)

Ability to Commute:

• Albuquerque, NM 87102 (Preferred)

Work Location: In person