Western Security Bank · 9 hours ago
BSA Specialist I
Billings, MT
Full-time
Onsite
Entry Level
2+ years expWestern Security Bank is seeking a Bank Secrecy Act (BSA) Fraud Specialist I to assist with compliance responsibilities and support centralized compliance operations. The role involves working with the Division BSA Officer to ensure compliance with the Bank Secrecy Act and anti-money laundering regulations, including transaction reviews and customer due diligence.
Information Technology
No H1B
Responsibilities
Responsible for working with Corporate BSA Team to investigate transactions that are suspicious in nature
Responsible for providing initial review of Currency Transaction Reports (CTR) reports
Responsible to effectively prepare the Centric, Internal Transactions, Monetary Instrument, Non-Customer Cashed Transactions, Teller Transactions, and Wire Transaction reports within the BAM+ program, regularly
Assists with reviews of High-Risk Customers and any other client designated as requiring additional monitoring
Assists BSA Officer and customer(s) in regards to initial CTR exemptions and annual reviews, Money Service Business (MSB) reviews and revocations, ATM holder reviews, and any other client requiring division assistance or interaction
Responsible for maintaining an understanding and working knowledge of banking operations as they relate to BSA/AML/OFAC compliance including: teller functions, new accounts, wire transfers, electronic banking, letters of credit, etc
Required to ensure record keeping requirements are followed on all BSA/AML/OFAC related areas
Must comply with all company policies and procedures, as well as all applicable laws and regulations including but not limited to the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Must complete the assigned online training courses and achieve a passing score by due date
Responsible for ensuring all BSA related information, documentation, and communication are handled in a secure and confidential manner
Supports the Division BSA Officer in any additional ways needed to support the BSA program
Regularly assists Division Security Officer with fraud investigations
Assists in researching high-risk accounts that are being considered for account closure
Responsible for reviewing the Fraud reports, Great Data report, and additional BSA Daily Reports as assigned
Regularly reviews email list sent by GBCI Fraud Department listing potential Zelle Fraud Suspects, and responds to GBCI with any findings
Responsible for assisting with fraud and BSA training(s) of employees
Assists answering calls in Operations Department by utilizing policy and procedural guidelines and providing thorough research
Actively participates in WSB continuing education
Responsible for fulfilling the mission statement: “We intentionally make banking better for our customers and community by making every experience simple and powerful.”
Actively use the Exceed the Expected Service Principles for all service encounters: Connection & Understanding - Our customer’s don’t do this every day, but we do. Customer Service - We do what’s right, and we do the right thing. Trust & Respect - A relationship you can bank on. Community - We don’t just serve our community, we ARE our community. Security - Security is literally our middle name
Practice the WSB Core Values Absolute Accountability - See it, Own it, Solve it, Live it. Consistent Communication - Pause to prepare Transformative Teamwork - We vs. Me
Actively establishes rapport and shows concern
Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control
Other duties as assigned
Qualification
Required
Minimum two years of banking experience
Ability to handle all BSA related information, documentation, and communication in a secure and confidential manner
Ability to be a highly motivated self-starter with intense focus on results
Ability to understand and follow written and oral instructions
Ability to communicate effectively verbally and in writing
Ability to apply a high degree of attention to detail as well as excellent organizational skills to perform in a fast-paced environment
Ability to prioritize and organize heavy workload(s) and demonstrate effective time management skills
Ability to define problems, collect data, establish facts and draw valid conclusions
Ability to establish and maintain effective personal working relationships with peers and supervisors
Skilled in meeting and greeting the public
Ability to handle multiple projects and details simultaneously
Ability to write routine reports and correspondence
Ability to add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form
Ability to motivate co-workers
Ability to deal with problems involving several concrete variables in standardized situations
Ability to work cooperatively with staff inside and outside of the department
Knowledge of online services and the Internet
Ability to work well under pressure
Basic computer skills with working knowledge of word processing, spreadsheets, ten-key, and general computer applications
Must be able to work independently and manage a schedule to complete all the above tasks
Preferred
Working knowledge of BSA/AML filing requirements preferred
Equivalent combination of education and experience
Benefits
Medical, dental, vision, and life insurance
Health savings account option
Employee Assistance Program (EAP)
Health rewards program
Retirement savings plan, including 401(k) and Profit-Sharing plans
Short and long-term disability benefits
Education and training benefits
Discounts on banking products and services
Generous Paid Time Off (PTO) plan
Paid holidays
Company
Western Security Bank
Western Security Bank is a Montana-based hometown banking service provider.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Jerry Simonson
Senior Vice President, Chief Credit Officer
Company data provided by crunchbase