Senior BSA & AML Compliance Leader

First Financial Bank Texas; Abilene (TX); On-site; USD 120,000 - 180,000; Full time

Job summary

First Financial Bank Texas is seeking a Bank Secrecy Act (BSA) Officer to lead the development, implementation, and administration of the corporate-wide BSA/AML program in Abilene, Texas. The role requires five years of banking experience with at least three in BSA, a CAMS designation, strong writing and analytical skills, and the ability to coordinate examinations, audits, and regulatory responses.

You will work with the Chief Compliance Officer and BSA staff to monitor compliance and train

Qualifications

• Accounting, Finance, or Business degree and five years banking experience with a minimum of three years in BSA required.
• CAMS designation required.
• Previous supervisory experience in BSA is beneficial and regulatory compliance knowledge is essential.
• Knowledge of bank operations is a must.
• Strong writing skills and ability to translate complex situations into easily understood narratives.

Responsibilities

• Overseeing all aspects of the Bank's Bank Secrecy Act (BSA), Anti-Money Laundering (AML) program.
• Providing subject matter expertise and support to the FFTAM BSA program, when needed.
• Coordinating and assisting in the administration of examinations, audits, and other engagements.
• Coordinating responses to regulatory BSA-AML examinations and audits and actions taken to ensure deficiencies are corrected.
• Making recommendations to the Chief Compliance Officer and senior management when and where appropriate.
• Maintaining proficient knowledge of the rules and regulations, including but not limited to, the Bank Secrecy Act (BSA), USA Patriot Act, and OFAC.
• Working with operations units to investigate transactions that are suspicious in nature.
• Submitting Suspicious Activity Reports.
• Monitoring and tracking BSA-AML high-risk customers and accounts.
• Managing exempt person filings for CTR purposes.
• Understanding government regulations with particular emphasis on the Bank Secrecy Act and related regulations.
• Addressing regulatory changes that impact the business units. Assisting business units in implementing processes necessary to comply with regulations.
• Performing regulatory research in response to business unit compliance inquiries, projects, and changes while communicating effectively with management.
• Performing analysis of BSA related data to draw conclusions about the level of compliance throughout the enterprise. Performing routine monitoring to determine the extent of compliance with regulations, laws, policies, and procedures.
• Communicating the results of monitoring to department managers and senior management, follows-up to ensure issues are addressed, escalates issues.
• Assisting Business Units in performing Risk Assessments.
• Developing and maintaining BSA related policies and procedures.
• Compiling and submitting regulatory data such as the OCC's MLR.
• Preparing reports for the board's Risk Committee
• Developing training programs as needed.
• Actively participating in the Customer Service First program, support the values of the organization, and follow established policies and procedures.

Skills

Strong writing skills

Research skills

Analytical

Problem-solving skills

Education

Accounting, Finance, or Business degree

CAMS designation

Tools

Excel

Word

Job description

First Financial Bank Texas is seeking a Bank Secrecy Act (BSA) Officer to lead the development, implementation, and administration of the corporate-wide BSA/AML program in Abilene, Texas. The role requires five years of banking experience with at least three in BSA, a CAMS designation, strong writing and analytical skills, and the ability to coordinate examinations, audits, and regulatory responses.

You will work with the Chief Compliance Officer and BSA staff to monitor compliance and train