Senior BSA/AML Compliance Officer

Midwest Bank; Norfolk (NE); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Health, Dental & Vision Insurance

401(k) & Profit Sharing

Paid Holidays

Wellness Benefits

Paid Vacation & Sick Time

Job summary

Midwest Bank is seeking a Bank Secrecy Act Officer to lead our BSA/AML program and protect customers and the community. You will serve as the bank's subject-matter expert on financial crime prevention, regulatory compliance, and risk mitigation.

Strong analytical and communication skills are essential to succeed in this role. The ideal candidate brings extensive experience in BSA/AML within banking, and the ability to oversee compliance, risk assessments, and training across the organization.

Qualifications

• Five+ years in banking, compliance, audit, risk management, or BSA/AML.
• Experience managing a BSA/AML program within a financial institution.
• Knowledge of community banking operations.
• Knowledge of investments and related banking services.

Responsibilities

• Oversee and administer BSA/AML/CFT, CIP, CDD, EDD, and OFAC programs.
• Monitor regulatory requirements and ensure compliance with applicable laws.
• Conduct and document BSA/AML risk assessments and recommend improvements.
• Review suspicious activity alerts and determine SAR filing needs.
• Prepare and review Currency Transaction Reports (CTRs).
• Perform customer due diligence and enhanced due diligence reviews.
• Monitor high-risk customer relationships and account activity.
• Coordinate regulatory examinations, audits, and examiner responses.
• Provide regular reporting to senior management and the Board.
• Develop and deliver employee BSA/AML/OFAC training.
• Serve as a resource for employees on compliance concerns.
• Identify emerging financial crime risks and mitigation strategies.

Skills

BSA knowledge

AML regulations

Regulatory requirements

CDD

CIP

OFAC

MS Office

Communication

Analytical skills

Integrity

Tools

Microsoft Office

Job description

Midwest Bank is seeking a Bank Secrecy Act Officer to lead our BSA/AML program and protect customers and the community. You will serve as the bank's subject-matter expert on financial crime prevention, regulatory compliance, and risk mitigation.

Strong analytical and communication skills are essential to succeed in this role. The ideal candidate brings extensive experience in BSA/AML within banking, and the ability to oversee compliance, risk assessments, and training across the organization.