Senior Bank Secrecy Compliance Specialist

2 weeks ago


Holyoke, Massachusetts, United States PeoplesBank Full time
Job Title: Senior Bank Secrecy AnalystJob Summary:

We are seeking a highly skilled Senior Bank Secrecy Analyst to join our team at PeoplesBank. As a key member of our Compliance Department, you will play a critical role in ensuring the bank's compliance with the Bank Secrecy Act (BSA) and related regulations.

Key Responsibilities:
  • Partner with the Assistant BSA Officer and business line management to ensure compliance with the BSA, Anti-Money Laundering, USA Patriot Act, and OFAC.
  • Enforce reporting requirements and exemption authorizations of the BSA.
  • Utilize Verafin Software and BSA databases to perform comprehensive BSA monitoring.
  • Mentor BSA Specialist and perform annual monitoring to identify possible suspicious activity.
  • Communicate findings of significant transactions or unusual activity to the Assistant BSA Officer.
  • Recommend business customers for possible CTR Exemptions and maintain the Bank BSA Watch list.
  • Assist with BSA-related audits and exams and serve as the back-up to the BSA Officer for SAR filings, exemptions, and reporting to management.
Requirements:
  • Bachelor's degree from a four-year college or university or five years of related experience and/or training.
  • Strong analytical, problem-solving, and organizational skills.
  • Ability to resolve complex issues through in-depth analysis and research.
  • Excellent verbal and written communication skills.
  • Comprehensive understanding of general banking compliance regulations and laws.
What We Offer:

PeoplesBank offers a competitive benefits package, excellent compensation, and a dynamic work environment. If you are a motivated and detail-oriented individual with a passion for compliance, we encourage you to apply for this exciting opportunity.



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