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Bank Secrecy Act Senior Specialist

Posted: 06/23/2022

MOVE YOUR CAREER IN THE RIGHT DIRECTION!

 

Glens Falls National Bank & Trust Company is seeking an experienced

 

Bank Secrecy Act Senior Specialist

This opportunity may be perfect for you if you have experience in:

Banking/Financial Services

Knowledge in BSA/AML Law

 

ABOUT THE POSITION

In this position with our Compliance and Risk department, you would be responsible for supporting the Bank Secrecy Act Manager in an administrative capacity to ensure compliance with BSA/AML related laws and regulations.  Responsible for preparation of critical reports and reviews.

Responsibilities Include:

  • Maintain in-depth knowledge of existing and emerging industry-related laws, regulations, and other applicable regulatory compliance requirements for BSA, AML, OFAC, and Financial Crimes Enforcement Network (FinCEN).
  • Review Currency Transaction Reports (CTRs), BSA/AML/OFAC and other appropriate compliance reports; document and discuss concerns/discrepancies with BSA Manager accordingly.
  • Conduct required OFAC, FinCEN 314a and other similar searches effectively based on existing procedures.  Assist with all applicable reporting regarding the results of these searches.
  • Research reports and customer account records to detect suspicious activity that involve potential structuring and money laundering schemes.
  • Perform regular monitoring of exempt persons for potentially suspicious activity and ensure that their presence on the Exempt List is justified.
  • Interface with other functional managers and others as appropriate for the ongoing and timely review and analysis of reports and maintain documentation substantiating such reviews.
  • Provide training, support and guidance as appropriate to co-workers.

 Qualifications:

  • Bachelor’s Degree preferred; Associates Degree or equivalent experience 
  • BSA/AML or related certifications and continuing education preferred
  • 3 + years of Bank Secrecy Act or commensurate financial services-related experience preferred

 Skills/Knowledge Requirements:

  • Knowledge of laws and regulations related to BSA/AML/OFA
  • Strong communications skills, both written and verbal; comfortable communicating with vendors, co-workers, and management
  • Ability to learn department specific software
  • Strong analytical and organizational skills; ability to prioritize multiple tasks/projects to meet deadlines; attention to detail and follow-up
  • Sound business judgment and ability to think independently
  • Quality problem solving and investigative skills
  • High integrity, ethics and values.

ABOUT OUR COMPANY

We offer a pleasant work environment, career development opportunities, competitive compensation, and an exceptional benefits package.  This position works out of our Glens Falls, New York offices.

Glens Falls National Bank & Trust Company has been serving the region and helping our neighbors achieve their financial goals since 1851.  We are proud to serve as a cornerstone in the community through charitable giving and unmatched volunteerism.  We serve Warren, Washington, northern Saratoga, Essex, and Clinton counties through 30 offices.

We are an Equal Opportunity Employer. Our employment decisions are made without regard for: race, color, religion, national origin or ethnic origin, gender (including pregnancy), sexual orientation, gender identity or expression, age, disability, veteran status, or any other characteristic protected by law.

 

 

 

 

Glens Falls National Bank & Trust
Vickie Shattuck

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