Bank Secrecy Manager

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Bank Secrecy Manager manages operations to identify and respond to suspicious activity violating current anti-money laundering (AML) regulations. Monitors transactions, investigates suspicious activity, and files reports with government authorities. Being a Bank Secrecy Manager implements data mining and software tools to identify suspicious activity patterns. Monitors investigations of suspicious activity to pursue corrective actions and ensures completion of required filings. Additionally, Bank Secrecy Manager keeps abreast with regulatory changes, risk management best practices, and trending methods used by fraud perpetrators. Stays current on banking regulations such as the US Bank Secrecy Act (BSA) and/or other governmental anti-money laundering laws. Requires a bachelor's degree. Typically reports to a director. The Bank Secrecy Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Bank Secrecy Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.