Summary: This position is responsible for supporting the BSA Director and Assistant BSA Officer in ensuring compliance with state and federal consumer protection regulations, Bank Secrecy Act/Anti Money Laundering/Office Foreign Assets Control (OFAC) regulations, and monitoring for compliance with policies and procedures and related internal controls in the Bank.
Essential Duties and Responsibilities include the following:
- Support the BSA Director and Assistant BSA Officer as needed.
- Supports the development, implementation and revisions to the BSA Compliance program and policy as needed.
- Supports the development and implementation of training programs that teach employees about the BSA/AML/OFAC regulations and procedures.
- Assists BSA Director in periodic AML program monitoring and may serve as back-up administrator for AML software program.
- Reviews and prepares Currency Transaction and Suspicious Activity Reports.
- Aids in suspicious activity monitoring and investigations.
- Assists in developing procedures for monitoring of suspicious activity.
- May assist BSA Director in coordinating audit responses from management on BSA audits; follows up to ensure proper action by management and clearance of all exceptions.
- Provide guidance, interpretation, and research concerning BSA issues.
- Stay abreast of changes in banking regulations.
- May assist in preparing documentation for and coordination of examinations by regulatory agencies and external auditors.
- Demonstrates knowledge and expertise of banking regulations and financial principles and supports the Company’s overall mission, standards, policies and procedures, and confidentiality guidelines.
- Interacts in a professional, courteous manner with employees, Management and Board members.
Supervisory Responsibilities: This job has no direct supervisory responsibilities.
Education and/or Experience: High school diploma or general education degree (GED); Some college preferred along with a required three to five years of experience in BSA/AML/OFAC program compliance within the banking industry.
Ability: Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
Skills: Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of employees of organization. Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent. To perform this job successfully, an individual should have knowledge of Microsoft Edge and Microsoft Office software.
Physical Demands: This position may require long periods of standing or sitting and may include long periods of typing and repetitive motion. Candidates must possess the ability to lift and carry cash drawers, coin bags, and boxes sometimes weighing as much as 25 pounds. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The environment would be consistent with a typical business office with moderate noise, services open to the public and the ability to work in a confined area typically indoors.
All employees are required to attend training as required by GPB, as well as support the overall compliance program by complying with all laws, policies and procedures.
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or location protected class.
