BSA Operations Manager

SUMMARY

This position is responsible for coordinating with the BSA Officer regarding the development, implementation, and administration of the Bank Secrecy Act (BSA) Compliance Program. Ensure that department monitoring, investigation, , reporting and recordkeeping functions are effective and compliant with BSA regulations.

MAJOR DUTIES AND RESPONSIBILITIES (ESSENTIAL FUNCTIONS)

• Manage the BSA/AML Analyst Team. Ensure that department monitoring, investigation, data validation, reporting, and recordkeeping functions are effective. Act as escalation point for analysts to resolve work issues. Work on complex issues where analysis of situations or data requires and in-depth evaluation of variables.
• Oversee the administration of the Currency Transaction Reporting program to ensure timely and accurate reporting and documentation of the same. Review updates and upgrades to the CTR system and assess the impact to the BSA program.
• Use software, transactional records, customer records, and public information to identify high risk customers and suspicious activity. Conduct thorough investigations and document the activity and investigative results to support decision-making.
• Oversee the periodic screening of various lists in response to OFAC and FinCEN requirements.
• Assist management and training with implementing and strengthening processes necessary to comply with BSA regulations and best practices.
• Answer questions from department and bank staff regarding BSA/AML/OFAC requirements and provide general support to the BSA Risk Manager, Fraud Manager and BSA Officer as needed.

ADDITIONAL DUTIES AND RESPONSIBILITIES

• Serves as subject matter expert for community bank staff on money laundering and fraud.

• Provides BSA/AML training to community bank and corporate staff, as needed.
• Completes all required compliance exams on a yearly basis.
• Adherence to all First United Policies and Procedures.
• Dress professionally.
• Other duties as assigned by supervisor.

EMPLOYEE SPECIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION AND WORK EXPERIENCE

• High School Diploma or GED required.
• Bachelor's Degree in Criminal Justice/ Criminology or Finance/Banking/Business, and/or law enforcement/military background preferred or equivalent experience in Bank Secrecy Act compliance.
• Minimum of three to five years of similar or related experience.
• ACAMS and/or CFE Certifications preferred.
• Prior experience managing employees required.

TECHNICAL/FUNCTIONAL COMPETENCIES

• Must have strong written and oral communication skills.
• Ability to perform advanced tasks in Microsoft Office (PowerPoint, Word, Excel, and Outlook).
• Must possess a high level of initiative and a natural investigative demeanor.
• Demonstrated ability to work independently with little supervision.
• Must be comfortable working in a fast-paced and multi-tasking environment.

NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as assigned by supervisor to meet the ongoing needs of the organization.

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If any applicant is unable to complete an application or respond to a job opening because of a disability, please email us at HR@firstunitedbank.com for assistance.