Current jobs related to BSA Specialist - Lake Charles - First Federal Bank of Louisiana

First Federal Bank of Louisiana is currently seeking a BSA Specialist at our Main Office located in Lake Charles, LA.

About Us

First Federal Bank of Louisiana is a full-service, locally owned, community bank that has helped build the communities we serve for 70 years. With 16 branches serving 11 communities in Louisiana, we are proud to offer our customers a wide variety of products and services to meet all of their financial needs. We offer Personal and Business Checking Accounts, Savings and CDs, multiple Retirement options, Home Equity Lines of Credit, as well as Mortgages and Consumer Loans. Our established Investment and Insurance divisions also offer a full line of products. Over the years, First Federal Bank has established a reputation for fast, professional service. We believe our customers expect and deserve nothing less.

Position Summary

Performs duties pertaining to compliance and regulatory issues in regard to internal controls and daily monitoring of various BSA functions. Maintains and monitors various BSA required reporting.

Essential Duties & Responsibilities include, but are not limited to, the following:

• Processes all Currency Transaction Reports (CTRs) daily from BSA/AML software system
• Monitors the input of customer information and transactions for CTRs in Integrated Teller from Operations Supervisors
• Reviews Report IES for CTR processing and Integrated Teller CTRs for accuracy
• Processes and Monitors Customer Exemptions from CTR Reporting
• Monitors all reportable Cash Transactions; reviews Cash Sale log for accuracy
• Reviews Monetary Sales database entered by staff and compares to Report IES
• Researches Director for reportable Monetary Sales
• Prepares and files Suspicious Activity Reporting
• Logs CIP exceptions and monitors for missing information
• Reviews and monitors alerts created nightly in the system for unusual activity
• Opens cases on suspicious activity for accounts; monitors information as needed
• Updates operation directives pertaining to BSA – Currency Transaction Report, Cash Sale of Monetary Instruments and CTR Exemptions
• Reviews and submits final approval of Currency Transaction Reports (CTR) and Suspicious Activity Reports (SAR)
• Reviews New Account Activity Worksheet from CSRs for type of business and Articles against information in Premier
• Receives BSA training at least annually, or as needed
• Must be willing to attend outside seminars, workshops, classes on various compliance and regulatory issues on a regular basis to keep abreast of all changes

Minimum Qualifications

• High school diploma or general education degree (GED);
• A minimum of three (3) years of banking experience; or equivalent combination of education and experience.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are a basic summary of the knowledge, skill, and/or ability required. The full job description is attached as a pdf to this job posting. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Other Duties & Responsibilities

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Equal Opportunity Employer

The employment policy of First Federal Bank and its subsidiaries is to provide an equal employment opportunity for all employees and job applicants without regard to race, color, religion, sex, national origin, age, individuals with disabilities, protected veteran status, sexual orientation, gender identity, genetic information, or any other legally protected characteristics or activities in accordance with applicable laws.