BSA Administrator

First Bank and Trust Company; Bristol (VA); On-site; USD 28,000 - 34,000; Full time

Benefits offered by this job

PTO 20 days/year

11 holidays

Health, Dental, Vision insurance start

Job summary

First Bank and Trust in Bristol, VA is seeking a BSA Administrator to support the Bank Secrecy Act and AML program. You will monitor activity, investigate alerts, prepare reports, and assist with SARs while guiding branch personnel and maintaining compliance records.

The role requires a bachelor’s degree in a related field and 2+ years’ banking experience, with strong MS Word/Excel skills and Verafin knowledge. This is an office-based position with standard banking hours.

Qualifications

• Bachelor’s degree in accounting, business, finance, or related field.
• 2+ years banking experience preferred.
• Foundational knowledge of BSA/AML and regulatory compliance.

Responsibilities

• Review daily cash and transaction reports and related documents.
• Process reports and alerts in Verafin BSA/AML software.
• Prepare CTRs and assist with SARs as needed.
• Support branch personnel on BSA matters and documentation.
• Gather documentation for regulatory examinations and audits.

Skills

Communication skills

Analytical ability

Time management

Independent work

Discretion with information

Education

Bachelor's degree in accounting/finance

2+ years banking experience

BSA/AML knowledge

Tools

Verafin BSA/AML

MS Word & Excel

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

BSA Administrator

Bristol, VA, US

Salary Range: $20.00 To $25.00 Hourly

First Bank and Trust is seeking a BSA Administrator to join our Compliance Department and help safeguard the bank, its customers, and the communities we serve through effective BSA and anti-money laundering oversight.

For more information go to www.firstbank.com/about/join-our-team

POSITION SUMMARY:

The BSA Administrator will support the bank’s Bank Secrecy Act and anti-money laundering program through daily monitoring, investigation, documentation, and employee support. This role reviews transaction activity, investigates alerts, maintains supporting records, assists branch employees, and collaborates with the Compliance Department to meet applicable legal, regulatory, and internal policy requirements.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Review daily cash and transaction reports, including cash transaction detail reports, general ledger cash transaction reports, and cash exchange reports.
• Review and process assigned reports and alerts in Verafin BSA/AML software.
• Prepare and submit Currency Transaction Reports (CTRs).
• Investigate suspicious activity alerts and gather appropriate supporting documentation.
• Assist the BSA Officer with drafting Suspicious Activity Reports (SARs).
• Provide BSA-related support and guidance to branch personnel.
• Ensure branch personnel collects required documentation during account opening.
• Assist with monthly and quarterly reviews and prepare materials for BSA Committee meetings.
• Collect and analyze audit data, then compile findings for reporting.
• Gather documentation for regulatory examinations and audits.
• Complete annual BSA training and assist the Compliance Department as needed.
• Perform other duties as assigned.

MINIMUM EDUCATION AND EXPERIENCE:

• Bachelor’s degree in accounting, business, finance, or a related field.
• Two or more years of banking experience preferred.
• Foundational knowledge of BSA/AML and regulatory compliance, with an interest in continuing to develop that knowledge.
• Experience with Verafin BSA/AML software is preferred.
• Ability to apply Bank Secrecy Act requirements when reviewing transactions, investigating alerts, and maintaining documentation.
• Proficiency with Microsoft Word and Excel.

MINIMUM SKILLS AND ABILITIES:

• Excellent written and verbal communication skills.
• Strong mathematical, analytical, and organizational abilities.
• Ability to manage work within prescribed time frames.
• Self-directed approach with the ability to work independently.
• Sound judgment when handling confidential customer and bank information.
• Commitment to acquiring and maintaining the knowledge of state and federal banking regulations and internal policies required for the position.
• Discretion in protecting confidential customer and bank information and disclosing it only with appropriate authorization or as permitted by law.

BENEFITS:

• PTO Leave is 20 days per year earned on a monthly basis
• First Bank and Trust recognizes11 paid holidays, when the holidays occur during the work week
• Medical, Dental and Vision Insurance starts the 1st day of the month after hire date
• Employees are automatically enrolled in the bank's 401K/ESOP Plan
• First Bank and Trust provides basic life insurance coverage equal to two times an employees' base salary
• First Bank and Trust provides long-term disability insurance coverage
• Normal work week is Monday-Friday 8:30 to 5:00 at the branch location.

WORK ENVIRONMENT:

This position operates in a typical office environment and may require travel to branch locations. The employee must be able to communicate verbally and regularly stand, walk, and sit. The position also requires occasional reaching with the hands and arms and lifting or moving up to 25 pounds.

First Bank and Trust is an Equal Opportunity Employer EOE/AA/M/F/Disabled/Veteran