Job Description

The BSA Officer is responsible for developing, implementing, and administering all aspects of the Bank’s day-to-day operations of the Bank Secrecy Act compliance program.

Key Responsibilities:

· Will report to the Chief Compliance Officer (CCO)

· Develop and implement an effective compliance program.

· Create internal controls and monitor bank adherence to all policies and procedures.

· Draft and revise compliance policies and procedures as required.

· Proactively audit processes, procedures, and document any identified weaknesses

· Assist the CCO in collaborating with external auditors and regulatory examiners.

· Provide education and training to employees on consumer compliance and other regulatory matters.

· Develop, monitor, and maintain the Bank’s BSA/AML/OFAC compliance program.

· Conduct risk assessments to identify potential money laundering and financial crime risks.

· Monitor customer transactions and generate alerts for suspicious activity.

· Investigate and file Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) as required.

· Maintain records and ensure timely reporting in accordance with regulatory guidelines.

· Coordinate independent audits and regulatory exams; respond to findings and recommendations.

· Provide training to staff on BSA/AML/OFAC compliance requirements.

· Stay updated on changes to BSA/AML laws, regulations, and best practices.

· Serve as the bank’s primary contact for BSA-related issues and regulatory inquiries.

· Will prepare monthly and quarterly reports to the Board of Directors and the Compliance Committee.

Requirements

· Bachelor’s degree in business, finance, criminal justice, or related field (or equivalent work experience).

· Minimum 3–5 years of experience in BSA/AML/OFAC in a banking environment.

· Strong knowledge of BSA, AML, OFAC, and other financial regulations.

· Excellent analytical, investigative, and communication skills.

· Experience with AML software and transaction monitoring systems.

· Certified Regulatory Compliance Manager (CRCM) or Certified Anti-Money Laundering Specialist (CAMS) professional designations preferred but not required.

Benefits

-Medical, dental, and vision insurance along with other life-event benefits

-Participation in our 401(k) plan when available

-20 days of Paid Time Off, in addition to customary bank holidays

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