BSA/AML Manager - Alerts

Purpose: The BSA/AML Manager - Alerts is responsible for directly managing the Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) Analyst 1s and assisting the BSA/AML and OFAC Officer in overseeing the execution of daily functions of the BSA/AML & Office of Foreign Assets Control (OFAC) Programs.

Scope and Direction:

Area of Responsibility: BSA/AML & OFAC Compliance

Degree of Supervision Received (Minimal, Moderate or Extensive):Moderate

• From (Title): Director-Financial Intelligence Unit & BSA/AML & OFAC Officer

Degree of Supervision Given (None, Minimal, Moderate or Extensive): Extensive

• To (Title): BSA/AML Analyst 1

Essential Functions: The major duties of the job that constitute the fundamental tasks and or responsibilities of the position. Employees must be able to perform the essential functions of the position with or without reasonable accommodations.

• Oversees the alert management process including conducting quality control and ensures timely, accurate and compliant filing of Currency Transaction Reports (CTRs) and 314(a) reporting.
• Performs required BSA/AML & OFAC testing on a regular basis to ensure the decentralized functions are operating in accordance with the BSA/AML & OFAC programs.
• Assists with annual updates to the BSA/AML and OFAC Programs, (i.e. prepares initial updates to BSA/AML policies, procedures, and job aids). Conducts BSA/AML and OFAC Risk Assessments as needed, considering products, services, customers, and geographies.
• Responsible for the preparation of documentation for audits and examinations and provides responses to findings, as needed.
• Provides training, daily mentoring and coaching to direct reports, and ensures staff has requisite skills and resources to function at a high level.
• Demonstrates the standards and principles of the Five Star Experience in every interaction with internal and external customers and associates. Incorporates the high-performance behaviors of teamwork, leading by example and service in every facet of work.
• This job description is not exhaustive. The BSA/AML Manager - Alerts may be required to perform other duties as assigned.

Job-Related Qualifications:

Education and Prior Experience:

Required: - Bachelor's Degree

- 2+ Years Type: BSA/AML or OFAC experience

- 1+ Years Type: Management experience

-OR-

Required: - Associate Degree

- 3+ Years Type: BSA/AML or OFAC experience

- 2+ Years Type: Management experience

-OR-

Required: - High School Diploma or equivalent

- 4+ Years Type: BSA/AML or OFAC experience

- 3+ Years Type: Management experience

Licenses or Accreditation:

Required: N/A

Preferred: Certified Anti Money Laundering Specialist Certification (CAMS), Certified Anti-Money Laundering Fraud Professional (CAFP), or other BSA/AML Certifications

Competencies:

• Excellent time management skills and organizational skills with the ability to manage multiple priorities and meet established deadlines
• Enhanced knowledge of BSA/AML & OFAC regulations and requirements
• Excellent verbal and written communication skills with ability to interact positively with a wide variety of individuals
• Ability to identify trends, interpret data, conduct root cause analysis, and apply to workflows and compliance techniques and automation to create operational efficiencies
• Possess a high level of attention to detail
• Ability to maintain a high degree of confidentiality
• Able to effectively coach, mentor and develop staff in areas of expertise
• Proficient with Microsoft applications with the ability to learn and utilize new and existing banking software applications; Ability to utilize the internet to conduct searches related to responsibilities

Physical Requirements:

• Able to regularly sit for prolonged periods of time
• Extensive computer usage is required
• Occasional travel within company footprint

Benefits:

• Medical, Dental, and Vision Insurance
• Health Savings Account
• Flexible Spending Account(s)
• Company Paid Life Insurance, Long Term Disability, and Short Term Disability
• Voluntary Offerings: Life, Critical Illness/Specified Disease, Accident, Hospital Indemnity & Personal Accident
• Tuition Reimbursement
• Employee Referral Program
• Wellness Reimbursement Program
• Star Volunteer Program
• Employee Banking and Financial Perks
• Paid Time Off (PTO)
• Company Paid Holidays

The expected rate of pay for this position is shown above. Compensation offers are based on a wide range of factors including relevant skills, training, experience, education and, where applicable, licenses or certifications obtained. Market and organizational factors are also considered. In addition to your base rate of pay and a competitive benefits package, successful candidates may be eligible to receive cash or equity-based incentives based on the role and performance.

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