Bank Secrecy Act Officer

Bank Forward; Fargo (ND); On-site; USD 80,000 - 110,000; Full time

Benefits offered by this job

Health plan

Dental

Vision

HSA/FSA

401k

Employee stock ownership

Life insurance

Long-term disability

Paid Time Off

Holidays

Extended medical absence leave

Job summary

Bank Forward is seeking a compliance professional to lead BSA/AML and fraud programs in a full-time role. You will manage monitoring software, perform investigations, and coordinate with teams to ensure regulatory alignment and risk mitigation.

The role requires a Bachelor’s degree in banking/finance/business and a minimum of three years’ BSA/AML experience; CBAP/CAMS certification is preferred.

Qualifications

• Coordinate and manage the Bank’s BSA/AML, fraud, and OFAC compliance programs.
• Maintain written risk-based policies, procedures, and program improvements.
• Stay current on regulatory developments and coordinate examinations/audits.
• Prepare periodic reports for committees and Board of Directors.
• Bachelor’s degree in banking, finance, or business and 3+ years BSA/AML experience.

Responsibilities

• Oversee BSA/AML and fraud monitoring software; monitor alerts, cash activity and CTRs.
• Investigate suspicious activity and prepare SARs; coordinate fraud recovery efforts.
• Develop, implement, and maintain employee BSA/AML and fraud training programs.
• Assess BSA/AML and OFAC risks; maintain risk assessments and related procedures.
• Lead examinations and audits coordination with internal teams and external parties.

Skills

BSA/AML compliance

Fraud monitoring

Investigations

Enhanced due diligence

Risk assessments

Regulatory reporting

Training program development

Audit & examinations coordination

CBAP or CAMS certification

Education

Bachelor's degree in banking, finance, or business

CBAP or CAMS certification preferred

Tools

BSA/AML monitoring software

Job description

We believe in the commitment to seek out and provide financial and insurance solutions for tomorrow, not just for today. In doing so, we help our customers, employees and communities 'fast forward' to the goals they strive to achieve in life.

Benefits:

Health (Traditional and High-Deductible plan options), Dental, Vision, Medical & Dependent Care FSA, HSA, 401k, Employee Stock Ownership, Company paid Life and Long-term Disability Insurance, Voluntary paid benefits, Paid Time Off, Holidays, Extended Medical Absence Leave.

Work Hours:

Full-time, Monday through Friday, 8:00-5:00pm.

Skills / Requirements / Qualifications:

• Coordinate and manage the Bank’s BSA/AML, fraud, and OFAC compliance programs, including maintaining written risk-based policies, procedures, and program improvements.

• Manage BSA/AML and fraud monitoring software; oversee daily account activity alerts, cash activity, and Currency Transaction Reports.

• Investigate suspicious activity, prepare Suspicious Activity Reports as appropriate, and coordinate fraud recovery efforts with internal teams and third parties.

• Perform and document ongoing enhanced due diligence reviews for high- and medium-risk customers.

• Assess BSA/AML and OFAC risks; maintain risk assessments, tracking systems, job aids, and related procedures.

• Develop, implement, and maintain employee BSA/AML and fraud training programs.

• Stay current on regulatory developments; participate in examinations and audits, initiate corrective action when necessary, and work across departments to integrate regulatory requirements into workflows.

• Prepare periodic reports for committees and Board of Directors.

• Certified BSA/AML Professional (CBAP) or Certified Anti-Money Laundering Specialist (CAMS) preferred.

• Position requires Bachelor's degree in a related field of banking, finance, or business, or equivalent combination of education and/or related financial industry experience. Position prefers a minimum of three years’ BSA/AML experience.

Equal Opportunity Employer