BSA Officer

Company: AFFCU
Location: San Antonio
Posted on: January 27, 2023

Job Description:

JOIN AFFCU in 2022!!We take care of our people: Joining AFFCU is the career move to make in 2022! AFFCU offers FREE Health and Dental Coverage for you as an employee, as well as a GENEROUS Paid Time Off (PTO) bank for rest and relaxation away from work! We also offer all paid days off for Federal holidays!Role:Our BSA Officer will be responsible for coordinating the implementation and administration of all aspects of the company-wide Bank Secrecy Act (BSA) Compliance program. This position monitors compliance and activities of the BSA Program, ensuring compliance with state and federal laws and regulations including the Bank Secrecy Act (BSA), USA Patriot Act, Anti-Money Laundering Act (AML), Currency Transaction Report (CTR), Customer Identification Program (CIP) and Office of Foreign Asset Control (OFAC). This position is open to hybrid flexibility. What you will be doing:Ensures the required recordkeeping, processing and reporting of Currency Transaction Reports. Conducts OFAC verifications and 314a verifications. Assists with monitoring higher risk customers and reports generated for BSA compliance. Assists with monitoring customer due diligence and enhanced due diligence. Responsible for AML investigations, including customer and account level research. Provide analysis and documentation as needed for due diligence, enhanced due diligence, and Suspicious Activity Reports (SARs). Assists with maintaining the BSA software and responding to the software reports and alerts. Assists with ensuring the required recordkeeping, processing and reporting of all suspicious activity. Attend applicable regulatory training, seminars, and/or conferences and read periodicals to maintain a current, thorough understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practices, criminal activities and developing trends.Performs all other duties as required. What you'll bring along:Must have a four year college degree or 4-6 years of comparable work experience. 2-4 years' of investigative and analytical experience preferred in lieu of formal BSA Analyst/BSA Officer experience. Experience with case management and database systems (maintaining and researching information). Excellent PC skills required, including proficiency in MS Word and Excel. Ability to maintain confidentiality in respect to the member's financial affairs. Must be available to work overtime and Saturdays, as needed. Must be bondable. PI200791220

Keywords: AFFCU, San Antonio , BSA Officer, Other , San Antonio, Texas