BSA Compliance Specialist
4 weeks ago
The Noor Staffing Group is seeking a highly skilled BSA Compliance Specialist to join our team. As a key member of our compliance department, you will be responsible for ensuring our organization's adherence to all federal laws and regulations regarding anti-money laundering (AML) and the Bank Secrecy Act (BSA).
Key Responsibilities:
- Monitor and identify suspicious activities and transactions in accordance with BSA/AML regulations
- Develop and maintain BSA/AML policies and procedures
- Provide training to staff on BSA/AML related topics
- Prepare and submit Suspicious Activity Reports (SARs)
- Ensure compliance with all federal laws and regulations
- Stay informed of changes in regulations and guidelines
- Monitor and review customer onboarding processes for compliance
- Develop and maintain a risk-based AML program
- Prepare and maintain BSA/AML reports for management
- Perform periodic customer due diligence reviews
- Partner with regulatory agencies as needed
Requirements and Qualifications:
- Bachelor's degree in a related field or equivalent experience
- 5+ years of experience in BSA/AML compliance preferred
- Knowledge of federal banking regulations and Bank Secrecy Act
- Able to analyze data and recognize potential risks
- Strong communication and interpersonal skills
- Organizational and problem-solving skills
- Proficient in Microsoft Office
Salary: $75,000
Work Arrangement: Hybrid or Onsite
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