Senior BSA Specialist
Summary
| Title: | Senior BSA Specialist |
|---|---|
| ID: | 2805 |
| Location : | Philadelphia |
Description
The Citizens Bank of Philadelphia is currently seeking a Senior BSA Specialist at our Philadelphia location, as follows:
Basic Responsibilities:
Assist the BSA Officer by monitoring transactions and ensuring compliance and reporting is completed in a timely manner. Monitor accounts for suspicious activity and determine what action should be taken. Maintain required documentation on accounts as required by BSA regulations. Monitor and maintain documentation on money services business accounts and privately owned ATMs. Review new account opening for compliance, including beneficial ownership information. Assist with risk rating new account opening and perform follow-up reviews. Log transaction information into spreadsheets for verification and reporting purposes. Review currency transaction reports for accuracy and submission requirements. Monitor OFAC and supporting documentation. Maintain exempt account/customer files which includes the exemption process, renewals and revocations. Ensure BSA software parameters and system upgrades are complete. Review SAR reports for submission and maintain supporting documentation. Compile information/documents for policy and risk assessment updates, including internal/external audits and regulatory exams. Perform all job functions in compliance with the requirements of banking laws and regulations. Perform other duties as required by supervisory personnel.
Requirements:
3 – 5 Years Experience as a BSA/AML Specialist in an FDIC Insured Financial Institution or similar work environment
Exceptional Verbal and Written Communication Skills
Extensive Knowledge/Use of Microsoft Office and other PC applications
High School Diploma or Higher
VEVRAA Federal Contractor
| Position | Senior BSA Specialist |
| Location | Philadelphia |
| Hours | Monday thru Friday - 8 am to 5 pm Occasional Saturday Hours |
Basic Responsibilities:
Assist the BSA Officer by monitoring transactions and ensuring compliance and reporting is completed in a timely manner. Monitor accounts for suspicious activity and determine what action should be taken. Maintain required documentation on accounts as required by BSA regulations. Monitor and maintain documentation on money services business accounts and privately owned ATMs. Review new account opening for compliance, including beneficial ownership information. Assist with risk rating new account opening and perform follow-up reviews. Log transaction information into spreadsheets for verification and reporting purposes. Review currency transaction reports for accuracy and submission requirements. Monitor OFAC and supporting documentation. Maintain exempt account/customer files which includes the exemption process, renewals and revocations. Ensure BSA software parameters and system upgrades are complete. Review SAR reports for submission and maintain supporting documentation. Compile information/documents for policy and risk assessment updates, including internal/external audits and regulatory exams. Perform all job functions in compliance with the requirements of banking laws and regulations. Perform other duties as required by supervisory personnel.
Requirements:
3 – 5 Years Experience as a BSA/AML Specialist in an FDIC Insured Financial Institution or similar work environment
Exceptional Verbal and Written Communication Skills
Extensive Knowledge/Use of Microsoft Office and other PC applications
High School Diploma or Higher
VEVRAA Federal Contractor
