Title BSA/AML Officer
Start Date 2018-11-21
Job Information

(Respond to:  Diane Katz-Primesoft Inc. diane.katz@primesoftinc.com)

New Jersey Financial Institution

End Client Perm Employee Opportunity

Reports to: Chief Compliance Officer

Our Client , a NJ Financial Institution and National Banking Association Member, is looking for a highly talented and motivated candidate with BSA/AML OFAC and FCPA advisory experience.

Summary: The candidate will possess in depth knowledge  of all BSA laws and related regulations. The qualified candidate will have extensive knowledge of bank and branch operations, The BSA/AML Officer will understand the bank’s products, services, customers, entities and the potential money laundering and terrorist financing risks associated with those activities.  The candidate will also possess analytical and problem-solving skill and  be able to establish and maintain effective working relationships with lines of business and external auditors and regulators. Bachelor’s degree and 10 plus years work experience and ACAMS certification is required.

The candidate will report to the Chief Compliance Officer and have input into advising our Client, who is under regulatory enforcement action for BSA/AML and OFAC issues, on strategic legal, compliance and regulatory risks and issues. Experience performing and be willing to be hands on performing BSA related functions

 

Requirements:

  • Bachelor Degree Required; Master or Advanced Degree Preferred
  • Comprehensive knowledge and understanding of bank operations.
  • Professional Certification, Certified Anti-Money Laundering Specialist (ACAMS), Certified AML and Fraud Professional (CAFP), or ABA Certificate in BSA and AML Compliance, or similar, required.
  • Minimum of five (10) years’ experience in Bank Secrecy Act (BSA), USA Patriot Act and OFAC with a demonstrated history of progression in responsibility.
  • Previous BSA/AML Officer experience preferred, BSA/AML governance experience will be considered.
  • Demonstrated knowledge and compliance with all aspects of the Bank Secrecy Act.
  • Demonstrated ability to lead teams to excel under tight deadlines and changing work environments.
  • Demonstrated ability to establish priorities and identify situations warranting the application of unplanned investigatory procedures
  • Clear and Concise communication (written and verbal) skills
  • Ability to go through and receive 914 approval
  • Community Banking Experience Preferred

 

(Respond to:  Diane Katz-Primesoft Inc. diane.katz@primesoftinc.com)