WSFS Bank

BSA Manager

WSFS Bank

full-time

Posted on:

Location Type: Office

Location: Newark • Pennsylvania • United States

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Salary

💰 $77,390 - $127,139 per year

About the role

  • Supervise a staff of BSA/AML Analysts and Investigators
  • Conduct quality control on all work performed by their staff, including alert decision, investigation case decisions, and enhanced due diligence decisions
  • Conduct quality control on completed suspicious activity reports (SAR) prepared by the BSA/AML investigation staff
  • Aid in the development new material and update existing documentation for the Bank's policy manuals as it applies to BSA/USA PATRIOT Act/OFAC
  • Aid in the ongoing training of staff to ensure that adequate training is provided to all appropriate personnel
  • Stay apprised of proposed rules, new or changed laws and regulations as well as emerging issues, hot industry topics, and money laundering, financial crimes, or terrorist financing trends to enhance the BSA/AML Compliance Program as appropriate
  • Develop and maintain efficacy standards and develop individual staff goals and development practices
  • Adhere to all Bank security and confidentiality policies and procedures
  • Additional responsibilities as required

Requirements

  • Bachelor’s Degree required
  • Minimum 5 years specific BSA/AML investigative and/or fraud prevention experience with personal investigative and SAR filing experience in a financial institution
  • General knowledge of risk mitigation pertaining to high-risk services offered
  • Certification in CAMS or another BSA/AML field is preferred
  • Comprehensive understanding of banking and all types of financial crime patterns
  • Thorough knowledge of the Bank Secrecy Act and the USA PATRIOT Act
  • Strong understanding of OFAC regulations
  • High degree of analytical, problem-solving, organizational, and project management skills
  • Ability to interact with regulators and auditors
  • Ability to work in a fast-paced, deadline-oriented environment and maintain high level of attention to detail and sound judgement
  • Extensive knowledge of MS Word, Excel as well as IBS and proprietary system applications and account history
  • Ability to analyze information as well as question and investigate results from program reports
  • Excellent oral and written communication skills
  • Familiarity with branch or department account relationship activity and some audit or compliance knowledge is preferred
  • Prior experience with Verafin and Word/Excel/PowerPoint/Visio or have the ability to learn quickly.
Benefits
  • medical, dental, and vision coverage
  • a 401(k) plan
  • life, accident, and disability insurance
  • flexible spending accounts (FSAs) and health savings accounts (HSAs)
  • wellness programs
  • paid parental leave
  • military leave
  • vacation and other paid time off
  • sick leave in accordance with applicable state laws
  • paid holidays
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
BSA/AML investigationfraud preventionsuspicious activity report (SAR) filingrisk mitigationanalytical skillsproblem-solving skillsproject managementattention to detailcompliance knowledgefinancial crime patterns
Soft Skills
organizational skillscommunication skillsinterpersonal skillsability to interact with regulatorsability to work in a fast-paced environmentsound judgementtraining and developmentquality controlgoal settingadaptability
Certifications
Bachelor's DegreeCAMS certification