What are the responsibilities and job description for the High Risk BSA Specialist position at IBC Bank?
IBC Bank successes are the result of an aggressive and innovative attitude. The Bank's "We Do More" philosophy reflects it's dedication to the growth and success of it's employees, customers and communities. IBC bank hires talented, creative and dedicated individuals to help our business succeed. We are a company that values leadership, community engagement and relationship building that leads to a culture of excellence. We are currently seeking to fill positions across all business segments. IBC's focus is to be customer centric and strive to provide excellent customer experience.
Time Type:
Full time
Department:
770 Financial Intelligence Unit
Job Summary:
The High Risk BSA Specialist position manages corporate wide identified high-risk accounts. This includes ongoing reviews, research, and investigations. The position will also be assigned special investigations for BSA/AML purposes as instructed by Management.
Job Description:
ESSENTIAL JOB FUNCTIONS
The statements on this job description are intended to describe the general nature of level of work being performed by incumbents. They are not an exhaustive list of all responsibilities, duties, and skills required by all incumbents.
- Conduct high risk account relationship reviews as per the bank’s monitoring policies and procedures
- Act as contact for Bank Officers to ensure high risk account issues are being addressed and proper due diligence is being conducted during reviews and investigations
- Perform special investigations related to BSA/AML as instructed by Management
- Assist during BSA Examination Preparation and Examiner requests
- Communicate recommendations and/or findings to Management and Operations Managers as needed
- Research and respond to daily inquiries from Corporate BSA Officer, Attorney, BSA Officer, BSA Compliance Officer, or Operations Managers
- Recommend procedural/training improvements as deemed necessary
- Special Projects related to BSA/AML/SAR Process
- Other activities assigned as deemed necessary by Management
SKILLS
- Excellent verbal/written communication skills a must
- Proficient in Microsoft Office (Excel, PowerPoint, Word, etc.)
- Must be self-motivated and have organizational skills
- Must be capable of analyzing large amounts of data to identify unusual patterns of activity. Time management; ability to prioritize and meet deadlines
- Ability to multi-task and manage several tasks simultaneously
- Great team player with the ability to work with minimal supervision
- Industry-specific technical knowledge
EDUCATION & KNOWLEDGE
- Bachelor’s Degree in Business Administration, Criminal Justice, or related field
- Overall understanding of investigative processes, reporting of information to management, attention to detail, analysis and use of judgment to evaluate the outcome of reviews conducted
- 3-5 years banking experience, prior fraud/AML investigation experience preferred
- Certified Anti-Money Laundering Specialist (CAMS) credential preferred but not required
