Bank Secrecy Act Specialist

General Description

The Bank Secrecy Act Specialist is responsible for processing and enforcing the daily Customer Identification Policy (CIP), issuing and documenting OFAC overrides, and certifying Automated Clearing House (ACH) files. This position is also responsible for reviewing and processing BSA Review Cases and Currency Transaction Reports (CTR’s).

Essential Duties and Responsibilities

1. Enforces and processes the Bank’s Customer Identification Policy (CIP). This duty is performed about 40% of the time.
2. Issues and documents OFAC overrides as hits are determined by the Bank’s systems. This duty is performed about 20% of the time.
3. Issues and documents the certification of Automated Clearing House (ACH) files. This duty is performed about 15% of the time.
4. Assists in the investigation, analysis, and preparation of BSA Review Cases. This duty is performed about 15% of the time.
5. Completes, files, and audits all and Currency Transaction Reports (CTR’s) to ensure they are in compliance within established regulations and policies. This duty is performed about 10% of the time.
6. Maintains regular and reliable attendance, punctuality and personal appearance. Reads, writes, and communicates in a clear and efficient manner via various types of correspondence, such as, in person, phone, email, letters, etc. Adheres to all company policies and procedures, as well as all applicable banking rules, regulations, and laws (including BSA/AML).
7. Performs any other related duties as required or assigned.

Education and Experience Requirements

• High school diploma or GED
• 6 to 12 months related experience and/or training
• Regular use of desktop/laptop computer, basic operating systems, and specialized software systems.
• Basic experience with alphanumeric data entry, PowerPoint, Excel, and Word Processing
• Ability to add, subtract, multiply and divide

Physical Requirements

The following physical activities described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions and expectations.

• Semi-repetitive and low physical activities. 
• Semi-repetitive type work which requires periods of concentration for varied time cycles as prescribed by the tasks.
• While performing the functions of this job,  the employee is frequently required to talk or hear; regularly required to sit, use hands to handle or feel, reach with hands and arms; and occasionally required to stand, walk, climb or balance, stoop, kneel, crouch, or crawl.
• Occasionally required to lift and/or move up to 25 pounds.