Conducts the day-to-day compliance activities related to BSA/AML. Works with the BSA/AML BSA Officer/Director of Compliance and BSA/AML Specialist to ensure that the BSA/AML procedures are consistent with management’s commitment to maintain a high standard of regulatory compliance. Assists with the timely filing of all required Currency Transaction Reports (CTRs), Suspicious Activity Reports (SARs), Monetary Instrument Logs (MILs), as well as compliance with other BSA recordkeeping requirements.
Skills/Requirements
Responsible for the timely filing of Currency Transaction Reports (CTRs), Suspicious Activity Reports (SARs), as well as compliance with other BSA recordkeeping requirements and reporting such as 314a and OFAC (daily).
Conduct monitoring of client activity to identify instances which may require additional reporting and/or review (daily).
Conduct High Risk Customer Account reviews, initial and ongoing (monthly).
Ensure Customer Identification Program (CIP) information was collected at account opening.
Ensure Beneficial Owners and CIP information was obtained at account opening.
Provide support to associates with inquiries regarding BSA/AMA inquiries.
Performs other duties as required.
Qualifications:
Knowledge of federal and state BSA-related requirements
Team-oriented, possess a positive attitude and work well with others
Strong organizational skills and detail-oriented with high degree of accuracy
Strong written and oral communication skills
Ability to maintain confidentiality and handle highly sensitive information
Excellent interpersonal and customer service skills
Ability to prioritize; handle multiple tasks; and work independently
Ability to identify unusual customer transaction patterns indicative of suspicious activity
Knowledge of Enterprise Bank & Trust policies and procedures
Ability to operate standard office equipment, such as, computer work stations, calculators, and copier
Supervisory Responsibilities:
None
Education and/or Experience:
High School Diploma or equivalent
Two years of banking experience with knowledge of BSA/AML requirements.
Computer and Software Skills:
Skilled in operation of a personal computer, including Microsoft Word and Excel