BSA Compliance Officer – Job # 3758

Symicor Group; Upland (CA); On-site; USD 63,000 - 105,000; Full time

Job summary

The Symicor Group is seeking a BSA Compliance Officer for a bank client in Ontario, CA. The role supports the BSA Compliance Manager in BSA/AML/OFAC program requirements and regulatory oversight.

Ideal candidate has knowledge of federal regulations, can monitor and manage BSA risk, and provide backup across AML, CTRs, SARs, and EDD activities.

Qualifications

• Bachelor’s degree or equivalent experience.
• Two+ years regulatory experience required.
• BSA/AML certifications preferred.
• Familiarity with the Fiserv core system and reports desirable.
• Working knowledge of Federal and State AML statutes and regulations.
• Ability to read and interpret statutes and regulations.
• Ability to communicate effectively verbally and in writing.
• Proficiency in Microsoft Office.
• Ability to relate to individuals at all levels and regulators.

Responsibilities

• Maintains proficient knowledge of regulatory and related laws pertaining to BSA compliance.
• Serves as program administrator for OFAC monitoring software and performs data integrity reviews.
• Responds to OFAC escalations.
• Supports AML/CFT program implementation, policies, and periodic reports to management and Board.
• Provides backup to AML SAR/CTR/EDD activities as needed.
• Backs up AML Systems Officer in software oversight and testing of data integrity.
• Makes recommendations to improve BSA processes and risk controls.
• Reports any known or suspected violations to the BSA Compliance Manager.
• Prepares documentation for internal audits and regulatory examinations.

Skills

Regulatory knowledge

AML compliance

Communication skills

Interpersonal skills

Attention to detail

Education

Bachelor’s degree or equivalent experience

Two+ years regulatory experience

Tools

Fiserv core system

Microsoft Office

Job description

BSA Compliance Officer – To $105K – Ontario, CA – Job # 3758

Who We Are:

The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position:

Our bank client is seeking to fill a BSA Compliance Officer role in the Ontario, CA area. This selected candidate will be responsible for providing support to the BSA Compliance Manager on fulfilling the Bank’s BSA/AML/OFAC compliance program requirements. The incumbent will have proficient knowledge of all Federal regulations as they relate to BSA. The individual will identify, monitor, control, and manage BSA compliance risk by performing the following essential duties and responsibilities.

This position includes a generous salary of up to $105K and a full benefits package. (This is not a remote position.)

BSA Compliance Officer responsibilities include:

• Maintains proficient knowledge of regulatory and related laws as they pertain to BSA compliance focus areas.
• Serves as a program administrator and Bank’s in-house subject matter expert for OFAC Monitoring Software, including periodical review and testing of data integrity and system parameters. This includes software updates, upgrades, testing, model monitoring and training to BSA Staff.
• Responds to OFAC escalations.
• Supports the BSA Compliance Manager in implementing the Bank’s AML/CFT Compliance Program, which may include monitoring and implementation of established policies and procedures, training and preparation of periodic reports to management and Board of Directors on the status of key BSA activities.
• Provides backup support to the AML Compliance Officer in the management of CTRs (including Exempt CTR Customers), SARs Alerts and SAR preparation as needed.
• Provides backup support to the EDD Compliance Officer in the management of High-Risk Customers (i.e. MSBs, NRAs, PEPs, TPPPs), and reviewing/approving EDD reviews completed by EDD Analysts as needed.
• Provides backup support to the AML Systems Officer in oversight of the AML Software, which may include periodical review and testing of data integrity and system parameters as needed.
• Makes recommendations concerning operating procedures, processes and methods for improved efficiency and risk reduction to meet the objectives of the Bank’s BSA Program.
• Reports promptly to the BSA Compliance Manager, regarding any known or suspected violations to the Bank’s AML/CFT Compliance Program, policies or procedures.
• Collects data and prepares documentation as requested for internal audit and regulatory examinations.
• Complies with, and stays abreast of, all policies and procedures, federal and state laws applicable to the job.
• Performs other tasks assigned by the BSA Compliance Manager.
• Other duties as assigned.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

• Bachelor’s Degree or equivalent experience.
• Two or more years of prior experience in regulatory matters is required.
• BSA/AML certifications are preferred.
• Familiarity with the Fiserv core system and reports is desirable.
• Working knowledge of Federal and State Anti-Money Laundering compliance statutes and regulations.
• Ability to read and interpret statutes and regulations.
• Ability to communicate effectively verbally and in writing.
• Proficiency in all programs within Microsoft Office.
• Ability to relate to individuals at all levels within the organization as well as with regulatory agencies and external contacts.