BSA Officer

Posted on Dec 15, 2018 by BankFlorida

West Palm Beach, FL 33410
Banking
Immediate Start
Annual Salary
Full-Time
BankFlorida is seeking a BSA/AML Certified Professional
Primary Responsibilities:
Coordinate and oversee an effective Bank Secrecy/ Anti-Money
Laundering Compliance Program that is in line with current industry
best practices, regulatory guidance and requirements, including
maintaining/updating policy/procedure documentation related to
primarily the following:

Customer Risk Scoring models, including customer due diligence
and enhanced due diligence procedures
Sanctions and watch list screening/scrubbing
models/systems
Suspicious activity monitoring models/systems, including
parameters for detection scenarios
Investigations of potential suspicious activity for SAR
determination
Update of the BSA-AML-OFAC Risk Assessment on at least an
annual basis or as needed
Filing of all regulatory reporting is completed in a timely and
compliant manner, including but not limited to all CTRs, SARs,
314(a) matches, OFAC matches, etc.
Bank-wide training to ensure that employees are aware of the
latest money-laundering trends/red-flags and their specific
responsibilities for operational processes that the BSA-AML-OFAC
Compliance programs depend on
Support the Director of Risk Management in all
audits/validations and examinations, leading the BSA-AML-OFAC
related areas and assist with any response/remediation
Provide regular updates to the Board of Directors and
Management regarding the Bank's program and any changes in
regulations, laws, or supervisory guidance

Required Qualifications

ACAMS or similar certification (expired certification with
willingness to re-certify possible)
Recent experience as either a BSA Officer of a community bank
or leadership position in the BSA-AML-OFAC function of a large
regional, national, or global bank
Demonstrated managerial skills in taking initiative and
completing tasks/projects on their own
Demonstrated track record of working successfully with federal
and state regulators on BSA-AML-OFAC related matters

Preferred Qualifications

Experience in remediating a formal enforcement action (i.e.
Consent Order or Cease & Desist Order) preferred
Experience with selection and implementation of systems to
support customer risk scoring and suspicious activity monitoring
models strongly preferred
Experience with independent model validations completed by an
outside firm, preferably a large regional or national firm

Reference: 599154150

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