General Summary
Under general supervision, this position reviews and monitors activity pertaining to the Bank Secrecy Act and Anti-Money Laundering Program using industry standard and regulatory guidance to ensure the bank’s compliance with BSA/AML regulatory requirements is maintained on a daily basis.
Principal Duties and Responsibilities
- Responsible for staying up to date on and complying with all applicable banking laws and regulations as well as CNB policies and procedures.
- Maintain appropriate knowledge in laws and regulations pertaining to the Bank Secrecy Act/Anti- Money Laundering (BSA-AML), OFAC (Office of Foreign Asset Control (OFAC), Customer Identification Program (CIP).
- Assist in completing and filing Currency Transaction Reports accurately and within regulatory deadlines.
- Assist with monitoring and reviewing Phase I and Phase II CTR exemptions.
- Assist in maintaining OFAC Compliance by reviewing and disposition potential OFAC matches withing the AML software.
- Disposition BSA/AML alerts withing the BSA/AML software in a timely manner.
- Maintain, review, and monitor high risk customer accounts, money services businesses, and cash intensive businesses.
- Assist BSA Officer with audit and exam preparation.
- Assist in the preparation of the Money Laundering Risk Assessment for the OCC.
- Assist with the administration of BSA/AML software.
- Maintain regular and punctual attendance.
- Work cooperatively with others.
- Work overtime as needed.
- Perform other duties as required or assigned which are reasonably within the scope of the duties in the job classification.
Skills and Abilities Required
- Be familiar with all aspects of BSA/AML/OFAC
- Detail oriented and problem-solving skills
- Self-Motivated
- Ability to maintain good interpersonal relationships with coworkers in all bank departments.
Working Conditions
- Secure work area due to sensitive customer information
- Moderate noise level produced by bank equipment.
- Considerable effort and eyestrain from continuous computer use.
Physical Requirements
- Occasionally move office equipment, and files weighing 10+ pounds.
- Constantly operates a computer, a calculator, copy machine, printer, and other office equipment.
- Must be able to remain in a stationary position 75% of the time to process work.
Skills Required
- Familiarity with all aspects of BSA, AML, and OFAC compliance
- Knowledge of applicable banking laws, regulations, and bank policies
- Detail-oriented and problem-solving skills
- Self-motivated
- Ability to maintain good interpersonal relationships with coworkers across bank departments
- Regular and punctual attendance
- Ability to work overtime as needed
What We Do
Community National Bank, established in 1983, is a locally owned community bank dedicated to the success of its communities. It blends high-tech solutions with personalized care to create a seamless, customer-centric banking experience, combining the latest technology with a human touch to revolutionize how banking services are delivered. The bank strives to exceed client expectations by offering convenience, security, and a personal connection in every interaction.
