BSA/AML Compliance Associate

at First Citizens Community Bank in Wilmington, Delaware, United States

Job Description

JOB RESPONSIBILITIES:

• Assist in maintaining BSA/AML/OFAC requirements and monitoring cash transaction activity in order to determine if the bank is in compliance with the regulatory requirements.
• Assist in the preparation of compliance and other reports by accurately documenting findings, preparing, reviewing, submitting Suspicious Activity Reports and Currency Transaction Reports in order to ensure understanding of exam results, comply with the Bank Secrecy Act and other acts, laws and regulations.
• Assist in the handling of alerts produced by the BSA/AML monitoring system. 
• Perform operational support duties such as verifying new CIF set-ups, photo IDs, and W-9s. 
• Assist BSA Officer, Assistant BSA Officer, and BSA Compliance Analysts in an appraisal of internal controls in order to determine the propriety and level of compliance with laws, regulations and bank policies and procedures, including reviewing government lists for possible matches with OFAC and 314A lists against the bank’s customer files; assisting with internal auditors and federal examiners in compiling information as requested. 
• Develop and maintain a personal program for maintaining an adequate level of knowledge in compliance and security matters, ensuring tactful and diplomatic interaction with employees contacted during reviews, and demonstrate personal and interpersonal behavior, attitude, judgment, communication and initiative with customers and employees in order to ensure an acceptable degree of performance.  

HOURS will average approximately 40 per week.  This position is budgeted for 2,080 hours per year.