Bank Secrecy Compliance Specialist

3 hours ago


Holyoke, Massachusetts, United States PeoplesBank Full time
Job Summary

We are seeking a highly skilled Bank Secrecy Compliance Specialist to join our team at PeoplesBank. The successful candidate will be responsible for ensuring compliance with the Bank Secrecy Act, Anti-Money Laundering, USA Patriot Act, and OFAC regulations.

Key Responsibilities
  • Partner with the Assistant BSA Officer, Bank Secrecy Analysts, and business line management to ensure compliance with relevant regulations.
  • Identify and report suspicious transactions and ensure necessary forms are received from Banking Center Personnel.
  • Review and complete CTR Worksheets submitted by Banking Center Personnel for accuracy and completeness.
  • Perform quarterly monetary instrument review of payees and endorsements over $8,000 and quarterly review of all wire transfers and document review in Verafin.
  • Perform daily review of monetary instrument forms not received and identify possible suspicious activity utilizing various reports.
  • Provide guidance and BSA specific training, as needed, to banking centers and departments.
Requirements
  • Bachelor's degree (B.A.) from four-year College or university; or one to two years related experience and/or training, or equivalent combination of education and banking experience.
  • Strong analytical, problem-solving, and organizational skills.
  • Ability to resolve complex issues through in-depth analysis and research.
  • Excellent verbal and written communication skills.
Work Environment

The working conditions and physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.



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