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ChoiceOne Bank · 1 week ago

BSA AML Specialist

Fenton, MI

Full-time

Onsite

Entry Level

2+ years exp

ChoiceOne Bank is committed to providing superior service and quality advice. The BSA AML Specialist will assist in ensuring the bank's compliance with federal banking regulations, including the Bank Secrecy Act and USA Patriot Act, while also supporting BSA management in compliance program development and administration.

BankingCommunitiesFinancial Services

Responsibilities

Assist in the implementation of the Bank Secrecy Act Program to ensure compliance with the Bank Secrecy Act, including daily review and filing of CTRs, review and retention of the monetary instrument sale information, and review and retention of account and customer due diligence information

Ensure compliance with the Office of Foreign Asset Control (OFAC) regulations, including daily assistance with clearing SDN list hits and periodic OFAC review of customer database

Assist with the anti-money laundering monitoring process, including the use of BSA/AML software to review worklists and alerts, conducts ongoing customer- and enhanced-due diligence, and investigate and resolve referrals from internal staff

Refer suspicious transactions to BSA AML Investigators for further review and provide relevant and necessary information for investigative purposes

Compose, edit, revise, and distribute BSA procedure manuals and answer related questions for staff

Complete all applicable internal training assignments by due date

Attend outside training (seminars, webinars, meetings) for continuing educations and/or to represent the Bank

Additional responsibilities as assigned

Be familiar with and comply with the provisions of the Bank Secrecy Act and USA PATRIOT Act as they relate to the functions of this position. Complete all required reports related to those acts and reports any observed violations or potential violations of those acts to a supervisor or other appropriate bank officer

Be familiar with and comply with all federal and state banking regulations as applicable

Qualification

BSA complianceAML monitoringMicrosoft OfficeBank Operations experienceBSA certificationAnalytical skillsQuality managementDependabilityWritten communicationOral communicationAdaptabilityInitiative

Required

High School Diploma or GED

Minimum of two (2) years of Bank Operations experience

Effective written and oral communication skills required, with the ability to interface with Internal and external stakeholders and community partners

Knowledge of Microsoft Office products, Word, Excel, and PowerPoint required

Ability to work in an office environment which may include many hours of computer and telephone usage

Ability to lift 25 lbs