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The Position

Our bank client is seeking to fill a BSA Officer role in the Jersey City, NJ market. The successful candidate will be responsible for coordinating the development, implementation, and administration of all aspects of the BSA/AML Compliance Program.

The position offers a generous salary of up to $90K and a full benefits package.

BSA Officer responsibilities include:

• Maintaining a current thorough understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practices, criminal activities, and developing trends.
• Implementing assigned regulatory compliance responsibilities and activities associated with the Bank Secrecy Act and Money Laundering initiatives throughout the Bank.
• Examining Bank policies, procedures, and practices to ensure compliance with laws and regulations.
• Monitoring compliance within state and federal laws and regulations.
• Performing a daily review of selected transaction activity reports identifying those transactions requiring necessary follow-up or investigation.
• Monitoring account activity to ensure compliance with OFAC requirements.
• Identifying weaknesses in practice and procedure and recommending solutions that increase the level of compliance without unnecessarily burdening the business unit.
• Coordinating, supervising, and supporting the banks compliance-related programs, such as compliance training, compliance testing and reporting, disaster recovery, contingency planning, and records warehousing and destruction.
• File all required reports and documents with the appropriate federal agency and respond quickly to all lawful requests for information from law enforcement agencies.
• Providing compliance assistance and information to all departments/functional units within the Bank.

Requirements

Who Are You?

Youre someone who wants to influence your own development. Youre looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

• Bachelors Degree in Business or Accounting or more years of equivalent job experience.
• Certified Anti-Money Laundering Specialist (CAMS), preferred.
• Five or more years of experience in a banking role.
• Three or more years of experience in BSA/AML or fraud operations.
• Ability to read and interpret statutes and regulations.
• Ability to define problems collects data, establish facts, and draw valid conclusions.
• Ability to communicate effectively verbally and in writing.

Benefits

The position offers a generous salary of up to $90K and a full benefits package.