Associate BSA

Join Bank of Greene County as an Associate BSA & Operational Support Specialist and play a vital role in ensuring the bank's compliance with regulatory requirements. As a key member of our team, you will assist in the administration of the Bank's BSA/AML/CIP/OFAC Program and provide operational support to various departments.

• Assist in the review and analysis of transaction monitoring alerts to identify patterns and trends consistent with money laundering, fraud, and/or suspicious activities.
• Review and clear alerts, generate and review various transaction reports, complete assigned investigations, and prepare SAR documentation as requested.
• Complete OFAC and wire transfer reviews, and review and clear OFAC alerts.
• Collect and review Reg CC Exception reports and notices, review and maintain Reg D reports and notices.
• Complete regularly scheduled customer enhanced due diligence reviews.
• Assist with the administration of the Bank's IRA portfolio, including calculating and processing required minimum distributions, ensuring IRA documentation is on file and reviewed for accuracy, and coordinating bank-wide mailings of IRA statements and IRS forms.
• Perform quality assurance testing and review on new accounts and customer/transaction data, conduct database searches, and perform core system maintenance to ensure data integrity.
• Coordinate and participate in annual surprise branch cash counts.
• Assist with maintaining non-resident alien documentation and files, including compliance with 1042S annual mailings and ensuring current W-8BEN forms are on file.
• Scan and compile information in preparation for audits and regulatory exams.
• Assist other departmental staff with the delivery of compliance-related live training to internal staff as necessary.
• Maintain and ensure timely review, processing, and compliance with all legal documentation coming into the Bank.
• Provide support and testing related to the maintenance of bank software.
• Attend internal and external training as required.

• A high school diploma or equivalent.
• One (1) year of experience in retail banking, finance, audit, or law enforcement, or similar area within the private or public sector preferred.
• General knowledge of the industry's processes, procedures, products, and banking regulations (state and federal) with an ability to learn.
• Good written and verbal communication skills, and analytical and problem-solving skills.
• Basic knowledge of computer systems, including Microsoft Office software and Internet.
• Must have good interpersonal skills.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand, walk, use hands to finger, handle or feel, and reach with hands and arms, and lift items up to 70 pounds.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Bank of Greene County is a federal contractor and an equal opportunity and affirmative action employer that provides equal employment opportunity in all employment-related matters, including hiring, training, promotion, compensation, benefits, transfers, and other personnel actions, without regard to race (including traits historically associated with race), color, national origin, age, religion, sex, sexual orientation, gender identity or expression, the status of being transgender, disability, genetic information, predisposition and carrier status, military or veteran status, marital and familial status, the status of being a victim of domestic violence, employee's or a dependent's reproductive health decision making (including, but not limited to, a decision to use or access a particular drug, device, or medical service), known relationship or association with any member of a protected class, and any other characteristic protected by applicable law.

Before assuming any duties, each employee will be trained in the proper filing and logging procedures for large currency transactions and the sale of monetary instruments.

Each employee will immediately report suspicious currency transactions or activity to their immediate supervisor or the BSA Officer.

All employees will become familiar with how their customers handle their accounts and will report any transactions that are not within the normal activities of the customer.

The employee will be trained in compliance with the BSA, USA PATRIOT ACT, and associated laws and regulations under the Bank's Compliance Program as it pertains to his or her job functions.

Employees are expected to meet all compliance requirements as stated within the Bank's BSA/AML/CIP/OFAC Program. Failure to meet these compliance standards may adversely affect performance appraisals and may result in disciplinary action up to and including termination.

Employee's compliance violations may result in termination, individual fines, and possible imprisonment.