Responsibilities:

• Maintaining a comprehensive assessment program to ensure ongoing compliance with the Bank Secrecy Act, Anti-Money Laundering, USA Patriot Act, OFAC, Customer Identification Program regulations. This will include such things as:

• Adhering to compliance policies, operational procedures, and forms
• Performing in-depth research by utilizing internal banking systems and external open-source systems to investigate alerted transactional activity
• Supporting the CDD/EDD risk rating process by reviewing and analyzing unusual account activity and adjusting the ratings accordingly, and establishing on-going due diligence schedule (ODD)
• Writing clear and concise SAR narratives based on investigations
• Providing research assistance to the BSA Officer if/when needed

• Providing additional support in reducing possible loss by:
  • Serving as the Subject Matter Expert (SME) on Anti-Money Laundering investigations.
  • Participating in partnership meetings as needed
  • Keeping staff up to date on skills for identifying suspicious activities
  • Participating in Business Continuity preparedness
  • Interacting with external partners such as law enforcement agencies, vendors, and banks regarding suspicious activity.
• Participating in division results and goals by:

• Maintaining necessary certification and other training needed to be the AML Subject Matter Expert.
• Presenting proposals for your recommended changes and participating in implementation.
• Maintaining processes to reduce redundancy and assist with improving efficiency

• Serving as a Subject Matter Expert by:

• Preparing and delivering monthly narratives and cases for discussion for the appropriate committees
• Serving as a resource for frontline employees.

Requirements:

• At least five years’ experience in all the requirements associated with Bank Secrecy and Patriot Act and fraud. This includes experience analyzing transactions in an account to decipher if the transactions are suspicious.
• Experience writing narratives and speaking with law enforcement.
• Experience working with products, services, customers, entities, and geographic locations associated with the potential for money laundering and terrorist financing risks associated with those activities.
• Experience reviewing controls and processes related to suspicious activity anti-money laundering.
• Current Certification Bank Secrecy Act or the ability to procure it within two years.
• Related bachelor’s degree preferred or five years of experience with Bank Secrecy Act Compliance and Fraud.