BSA/AML & OFAC Compliance Specialist

North Shore Bank; Town of Brookfield (WI); On-site; USD 60,000 - 90,000; Full time

Job summary

North Shore Bank is seeking a BSA/AML Specialist to ensure accuracy and regulatory compliance within the bank's BSA/AML and OFAC program. The role emphasizes high-touch service to customers and employees while supporting local communities.

Responsibilities include reviewing alerts, filing CTRs/SARs, and performing enhanced due diligence. A strong understanding of banking operations and regulatory expectations is essential.

Qualifications

• Knowledge of BSA/AML, compliance, internal audit and banking operations, procedures, and data processing concepts.

Responsibilities

• Assists with writing, reviewing, and submitting CTRs and SARs, including narratives of customer and account activity.
• Reviews wire and other customer-specific activity for OFAC alerts, potential suspicious activity and high-risk customers; researches, resolves and responds to alerts.
• Reviews consumer and business questionnaires for accuracy and completeness; assigns customer risk ratings and establishes review schedules.
• Performs ongoing reviews of customers requiring enhanced due diligence; analyzes customers, products and services for BSA risk and responds according to policy.

Skills

BSA/AML knowledge

Compliance

Banking operations

Data processing concepts

Communication skills

Presentation skills

Prioritization

Education

High school diploma or equivalent

Two years banking experience

Tools

Microsoft Office

Job description

North Shore Bank is seeking a BSA/AML Specialist to ensure accuracy and regulatory compliance within the bank's BSA/AML and OFAC program. The role emphasizes high-touch service to customers and employees while supporting local communities.

Responsibilities include reviewing alerts, filing CTRs/SARs, and performing enhanced due diligence. A strong understanding of banking operations and regulatory expectations is essential.