AML Compliance Specialist
BetMGM
AVP, Senior BSA Analyst
Open Bank
full-time
Posted on:
Origin: • 🇺🇸 United States • California
Visit company websiteSalary
💰 $28 - $33 per hour
Job Level
Senior
About the role
- Conduct all aspects of monitoring activities relating to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and OFAC compliance.
- Handle and implement internal examinations, investigations, and inspections.
- Independently inspect records and documents of accounts to ensure compliance with current Bank policies and procedures.
- Independently review high risk customers, products and services offered by the Bank.
- Complete, review, and approve Currency Transaction Reports (CTRs) for accuracy and submission.
- Independently prepare case write-up reports and recommend whether to file a Suspicious Activity Report (SAR) with minimum supervision.
- Ensure timely implementation of new procedures in compliance with changes in laws and regulations related to BSA/AML/OFAC.
Requirements
- Bachelor degree from an accredited college is preferred.
- Minimum five years of experience of BSA, bank audit, compliance, or banking operations is required.
- Knowledge of Bank Secrecy Act, USA Patriot Act and OFAC.
- Experience of BSA, bank audit, compliance, or banking operations is preferred.
- Good knowledge of bank documents and bank operation.
- Present a professional image in dealing with customers, interdepartmental, and external representatives.
- Good written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person, and over the phone.
- Accurate typing/keyboarding skills; basic computer skills, including the use of word processing, spreadsheet software applications, and e-mail.
- Bachelor’s degree in related field or equivalent experience preferred, but not required.
