BSA Specialist III
BSA Specialist III-If “BSA Specialist III” refers to a position at a financial institution or in another industry, responsibilities and qualifications may vary depending on the company and industry. Job titles and requirements may change over time, and specifications are often set by the employer.
|BSA Specialist III
|Pulled from the full job description
|Cambridge, OH 43725
Complete job information:
BSA Specialist III-If you are thinking of changing jobs or starting your career in a growing company, you are at the right place. Join us on our journey to become the best community bank in America. Our motto is to work together. Building success. And by joining People’s Bank, we will work together to help you achieve your career goals, just as we help thousands of customers reach their financial goals.
BSA Specialist III-Peoples Bank Ohio, West Virginia, Kentucky, Virginia, Washington D.C. and is among the largest 200 banks in the United States with 132 full-service bank branches in Maryland. People’s Bank prides itself on being a community bank and dedicates its resources to improving our communities. The People’s Bank Foundation celebrates its 20th anniversary in 2023 and is proud to have donated over $7 million to local organizations since its founding.
People’s Bank’s Nationwide Accolades:
BSA Specialist III-US Banker Best Banks to Work for in 2020, 2021 & 2022
Top Workplaces USA National Awards in 2022 and 2023
Newsweek’s America’s Best Banks 2023
At People’s Bank, we know there’s more to life than work. But we also understand that the quality of the work environment and employee benefits can greatly impact an associate’s life. That’s why we want to create a great benefits package for our associates, including: 401(k) retirement plan with employer match, employee stock purchase plan, various education assistance programs, paid vacations and holidays, and much more. For complete information on our benefits offerings, please visit: peoplesbancorp.com/about-us/find-a-career.
BSA Specialist III-The primary focus of this position is to provide support to the branch and back office staff as well as the BSA Officer in maintaining the Bank’s BSA/AML compliance program and assist in meeting and maintaining all BSA/AML compliance requirements.
BSA Specialist III-This position requires a clear understanding and in-depth knowledge of all aspects of the Bank Secrecy Act, sanctions laws and regulations, including but not limited to the USA Patriot Act. Must have knowledge of all applicable government regulations, including: Bank Secrecy Act and other anti-money laundering regulations, OFAC regulations, USA Patriot Act and in-depth knowledge of the FFIEC BSA/AML exam manual. Maintain knowledge of all BSA/AML policies, procedures and regulations.
Main duties of the job:
This position is responsible for assisting the BSA Officer in the Bank’s Bank Secrecy Act program. This will include but not limited to:
BSA Specialist III-Ensure necessary recordkeeping, processing and reporting of currency transaction reports.
Conduct OFAC verification and 314(a) verification.
Project lead with monitoring high risk clients and preparing reports for BSA compliance.
Overseeing client due diligence and leading the project with enhanced due diligence.
Project lead with maintaining BSA software and responding to software reports and alerts.
Monitor department performance and accuracy by conducting regular quality control reviews.
Identify and investigate suspicious activity detected in BSA/AML software reports, alerts and/or reports received from staff members.
BSA Specialist III-Accurately write SAR narratives as applicable.
Help ensure required recordkeeping, processing and reporting of all suspicious activities.
Attend applicable regulatory training, seminars and/or conferences 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 and periodicals Read. This also includes 1-2 day training outside the office on occasion.
Will complete special projects as assigned. This may include leading projects.
Read Also: The list of Best University in USA.
Education, Experience and Job Skills:
- Bachelor’s degree required or equivalent work experience.
- Five to seven years of BSA compliance experience.
- Five to seven years of experience with BSA case management and/or database systems (maintaining and researching information).
- Five to seven years of investigative and analytical experience.
- In pursuit of CAMS certification, or.
- Must have excellent analytical, investigative and problem solving skills.
- Must have excellent written and verbal communication skills.
- Excellent judgment, prioritization and planning skills and able to work within multiple deadlines.
- Ability to manage complex tasks independently as well as work effectively as part of a team.
- PC proficient with strong word processing and spreadsheet skills.
- Knowledge of general bank operations especially branch cash management procedures.
- Exceptional attention to detail.
- Strong organizational and planning skills.
- Must have the ability to work in a high stress, fast paced and rapidly changing environment.
- Ability to assist in providing BSA/AML training as needed.
- Ability to maintain confidentiality regarding the client’s financial matters.
- Ability to interact with others.
About People’s Bank:
BSA Specialist III-“People’s Bank” is a term that can refer to a variety of banks around the world. There are many banks with similar names operating in different countries, and each may be a distinct financial institution with its own services, policies, and operations. Without more specific details about the location or the People’s Bank in question, I can only provide general information.
People’s Bank in the United States:
BSA Specialist III-People’s United Bank is a regional bank in the United States, primarily serving the Northeast. It provides a range of financial services including banking, lending and wealth management.
People’s Bank in Sri Lanka:
People’s Bank of Sri Lanka is a government-owned bank and one of the largest and oldest banks in the country. It offers a wide range of banking and financial services to customers in Sri Lanka.
People’s Bank in China:
BSA Specialist III-The People’s Bank of China (PBOC) is the central bank of the People’s Republic of China. It is responsible for issuing the national currency (renminbi or yuan), regulating financial institutions, and implementing monetary policy.