BSA Generalist

PRIMARY PURPOSE OF JOB

The primary focus of the BSA Generalist is to provide support to the BSA Officer with maintaining an effective Bank Secrecy Act (BSA), Anti Money Laundering (AML), Customer Identification Program (CIP), and Office of Foreign Assets Control (OFAC) Compliance Program (“the Program”) by meeting all Program compliance requirements.

EXPECTATIONS OF ALL SOUTHERN BANK TEAM MEMBERS

• Southern Bank team members are a family, rooted in the communities we serve and working together to be the best in our industry, utilizing innovative ideas and strong products. The Southern Bank Patch illustrates these ideals.
• Ensures the confidentiality of customer non-public personal information and secures information systems to comply with bank regulations.

ESSENTIAL FUNCTIONS AND PERFORMANCE AREAS

• Perform secondary review of CIP and Beneficial Ownership Information;
• Perform Enhanced Due Diligence (EDD) on customers based on the customer’s risk-rating;
• Perform daily data file integrity review of the AML monitoring software;
• Prepare and file Currency Transaction Reports (CTRs);
• Analyze alerts generated by the AML monitoring software by reviewing customer information and transactions, reviewing data, and performing research to identify potential suspicious activity for reporting;
• Recommend changes (example individual variance) to the AML monitoring software to increase efficiencies by reducing false positive alerts;
• Maintains current knowledge of BSA and all related AML and OFAC regulations; and
• Perform other duties as assigned.

KNOWLEDGE, SKILLS AND ABILITIES

• Previous banking experience preferred.
• Effective oral and written communication skills
• Excellent judgmental, prioritization, and planning skills and capable of meeting multiple deadlines.
• Ability to manage complex assignments independently and while also working effectively as part of a team.
• Extraordinary attention to detail.
• Strong organizational and planning skills.
• Must have ability to work in a high stress, fast paced, and rapidly changing environment.
• Ability to maintain confidentiality in respect to the staff and customer’s financial affairs.

EDUCATION, TRAINING AND EXPERIENCE REQUIREMENTS

• High School Diploma or equivalent
• Computer literate with fluency in Microsoft Office programs

CORE COMPETENCIES

Family & Trust: Southern Bank team members build relationships based on trust and mutual respect, maintain an inclusive and honest environment and uphold integrity and transparency in all interactions.

Rooted & Service: Southern Bank team members are committed to serving customers, communities and teams with purpose, professionalism, and respect, while effectively communicating and actively listening to meet their needs.

Innovation & Strength: Southern Bank team members foster collaboration and continuous improvement, encourage visionary thinking, and strive for excellence to drive the organization forward.

Adaptability: Maintaining effectiveness when experiencing major changes in work responsibilities or environment; adjusting effectively to work within new work structures, processes, requirements, or cultures.
 

Applied Learning: Assimilating and applying new job-related information in a timely manner.
 

Quality Orientation – Accomplish