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Five Star Bank · 3 days ago

BSA/AML Manager - Cases

Warsaw, NY

Full-time

Hybrid

Senior Level

$70K/yr - $90K/yr

5+ years exp

Five Star Bank is seeking a BSA/AML Manager - Cases to oversee the Bank Secrecy Act and Anti-Money Laundering programs. This role involves managing case investigators, ensuring compliance with regulations, and maintaining governance documentation.

BankingFinancial ServicesInsurance

Responsibilities

Oversees the case management process including conducting quality control and ensures timely, accurate and compliant filing of Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs), as well as handling the communications in regards to 314(b) information sharing, subpoenas and law enforcement requests

Responsible for the Bank’s CTR Exemption process, inclusive of identifying new customers for CTR exemption, assigning CTR exemption reviews (new and annual), performing quality control reviews of CTR exemption reviews, filing Designation of Exempt Person forms through the BSA E-Filing website and updating internal systems to ensure the appropriate handling of transactions for CTR exempt customers

Maintains pertinent BSA/AML and OFAC Program governance documentation such as related policies and procedures, ensuring these items are updated annually at a minimum

Responsible for preparing timely materials for various governance committees as appropriate (e.g., BAOC Committee, CRC Committee, SAR Working Group)

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

Demonstrate the standards and principles of the Five Star Bank experience in every interaction with internal and external customers, associates, and stakeholders. Incorporate the high-performance behaviors of teamwork, leading by example, and service in every facet of work

Qualification

BSA/AML experienceOFAC experienceCAMS certificationLeadership experienceData analysisTime managementOrganizational skillsVerbal communicationWritten communicationCoachingMicrosoft applicationsAttention to detailConfidentialityMentoring

Required

High School Diploma

5+ years of BSA/AML or OFAC experience

4+ years of leadership experience

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

Able to regularly sit for prolonged periods of time

Able to travel occasionally

Extensive computer usage is required

Ability to work evenings occasionally

Ability to work weekends occasionally