BSA Compliance Specialist

Job Summary: Responsible for the daily bank secrecy compliance related operations, to include the BSA Risk Management System and activities related to AML, OFAC, and similar transaction risk monitoring functions.

Essential Duties:

• Research and validate exception activity daily according to BSA, AML, and OFAC policy and procedures
• Process BSA, AML, and OFAC queries for all accounting applications, to include Deposits, Loans, Electronic Banking, and Teller systems
• Daily monitoring of BSA/BAM (large cash transactions)
• Review daily Currency Transaction Reports (CTRs) & submit for filing
• Complete OFAC Certifications
• Conduct Bi-weekly 314A searches
• Verify all account transactions and maintains records
• Update customer accounts according to identified risk factors and history
• Prepare reports and analyses of BSA, AML, OFAC exceptions as required
• Research questions and take appropriate action
• Ensures daily input activity balances to the appropriate General Ledger Accounts
• Complete required training and compliance with BSA/AML policies, procedures, including identification of suspicious activity, CTR preparation
• Receive and coordinate Suspicious Activity Forms (SAFs) as received
• Consult with BSA Officer when necessary for filing Suspicious Activity Reports (SARs)
• Monitor high risk customers
• Monitor and review Money Service Business (MSB) and Cash Intensive customers
• Must stay up-to-date with BSA regulations and attend trainings as needed which may include travel
• Training bank staff on BAM functions
• May perform other duties and cross-train as required by business needs

Education / Experience:

• A high school diploma or equivalent
• Requires strong familiarity with computer online systems and 1 to 2 years experience in a banking/financial institution.
• 1 to 2 years Teller experience highly desirable
• 1 to 2 years New Accounts experience highly desirable

Minimum Qualifications:

• Experience with Teller/Vertex system and strong understanding of key functions
• Ability to maintain highest level of confidentiality
• Knowledge of incoming account transactions and CIF functions
• Strong familiarity with computer online systems
• Ability to develop and maintain organizational structure
• Ability to coordinate a variety of activities and prioritize work, with special attention to detail
• Knowledge of bank regulations, especially Bank Secrecy Act (BSA)
• Strong understanding of bank operations and uses his/her technical and interpersonal /problem-solving skills
• Strong clerical skills including filing, typing, 10-key, and answering the phone
• Skills in the operation of a personal computer, online systems, word processing, spreadsheet software, and intra/internet
• Ability to communicate effectively both verbally and in writing
• Ability to establish and maintain effective working relationships
• Ability to operate a fax and copy machine
• Ability to drive and/or travel to other bank locations as needed

Physical Requirements:

• Must be able to remain in a stationary position constantly
• The person in this position needs to occasionally move about inside the office to access file cabinets and other office machinery; such as a copy and/or fax machine
• Constantly operates a computer and other office productivity machinery; such as a calculator, copy machine, and printer
• The person in this position frequently communicates with employees and/or customers with daily BSA compliance related inquiries. Must be able to exchange information in these situations
• Constantly assess BSA, AML, and OFAC queries of all accounting applications, to include Deposits, Loans, Electronic Banking, and Teller systems
• Ability to transport file boxes to another work location (records vault)
• Ability to drive and/or ride in a vehicle to attend training or required meetings

Bank of Eastern Oregon is an Equal Opportunity Employer of minorities, women, protected veterans and individuals with disabilities.

This job description is subject to change and other functions may be assigned/reassigned at management's discretion, in no way implies that these are the only duties, including essential duties, to be performed by the employee occupying this position, and is not an employment contract. The aforementioned job requirements are subject to change to reasonably accommodate qualified disabled individuals.

Current Openings for BSA Compliance Specialist Jobs at Bank of Eastern Oregon