BSA/AML Compliance Specialist II

Peoples Bank; Louisville (KY); On-site; USD 60,000 - 75,000; Full time

Job summary

Peoples Bank in Louisville, KY seeks a BSA Specialist II to support the BSA/AML program and ensure compliance with applicable regulations. The role involves assisting with SARs, monitoring high-risk clients, and maintaining BSA software, with opportunities to engage in ongoing regulatory training.

The ideal candidate has a Bachelor's degree (or equivalent experience) and 2–3 years in BSA compliance, with strong analytical and communication skills.

Qualifications

• Bachelor's degree or comparable work experience.
• Two to three years of BSA compliance experience preferred.
• Two to three years of experience with BSA case management and/or database systems (maintaining and researching information) preferred.
• Two to three years investigative and analytical experience preferred.
• Must have excellent analytical, investigative and problem-solving skills.
• Must have excellent written and oral communication skills.
• Excellent judgmental, prioritization and planning skills and capable of working within multiple deadlines.
• Ability to manage complex assignments independently and while also working effectively as part of a team.
• PC proficient with strong word processing and spreadsheet skills.
• Knowledge of general bank operations particularly branch cash handling procedures.
• Extraordinary attention to detail.
• Strong organizational and planning skills.
• Must have ability to work in a high stress, fast paced and rapidly changing environment.
• Ability to assist in providing BSA/AML training as needed.
• Ability to maintain confidentiality in respect to the customer's financial affairs.
• Ability to interact with others (co-workers, management, clients or vendors) in a professional and tactful manner.

Responsibilities

• Assist the BSA Officer with the Bank's Bank Secrecy Act program and related activities.
• Ensure recordkeeping, processing and reporting of Currency Transaction Reports and Currency Transaction Exemption processes.
• Conduct OFAC and 314(a) verifications.
• Monitor higher risk customers and various BSA compliance reports.
• Monitor customer due diligence and enhanced due diligence alert queues.
• Maintain the BSA software and respond to reports and alerts.
• Identify and investigate suspicious activity detected in BSA/AML software reports or alerts, and reports received internally.
• Write SAR narratives as applicable.
• Assist with ensuring reporting of all suspicious activity.
• Attend regulatory training and read industry materials to stay current on AML issues.
• Perform special projects as assigned.

Skills

Analytical skills

Investigative skills

Problem solving

Written communication

Oral communication

Attention to detail

Planning skills

Teamwork

Confidentiality

Education

Bachelor's degree or comparable experience

Tools

BSA software

Database systems

Microsoft Word

Microsoft Excel

Job description

Peoples Bank in Louisville, KY seeks a BSA Specialist II to support the BSA/AML program and ensure compliance with applicable regulations. The role involves assisting with SARs, monitoring high-risk clients, and maintaining BSA software, with opportunities to engage in ongoing regulatory training.

The ideal candidate has a Bachelor's degree (or equivalent experience) and 2–3 years in BSA compliance, with strong analytical and communication skills.