Jobs and Careers

Senior BSA Auditor - OFAC

United Statesfull_timeVerifiedPosted 25 Jun 2024

About the role

This position is an in-office role. This position can be located in our Lexington, TN, Henderson, TN or Ringgold, GA offices.Summary: The Bank Secrecy Act/Anti-Money Laundering Auditor primarily assists the BSA Operation Lead/Officer in identifying and mitigating money laundering risk by conducting various operations related to the BSA AML and OFAC Program. The incumbent will assist the BSA Operations Lead/Officer with the application of the Bank Secrecy Act, Treasury Department’s regulations, and the USA PATRIOT Act along with other legal requirements. This position will be responsible for maintaining required documentation to support compliance with BSA regulations. The incumbent will be responsible for producing various daily, bi-weekly, monthly, and quarterly reports used by bank management. Essential Duties and Responsibilities include the following. Other duties may be assigned.

Operational Duties:
- Screening of Domestic and International Wires for potential OFAC matches
- Screening of International Debit Card Transactions (IAT) for potential OFAC matches
- Screening of all Potential OFAC Hits via Frontline
- Maintaining Monetary Instrument Log
- OFAC Database Scans
- Monitoring BSA/AML Mailbox and Extension Hunt Group
- 314(a)- Biweekly (or as needed)
- 314(b)- Annual Registration and Requests as needed
- High Risk Country – Wire Review
- Will review all positive matches and/or decision on possible matches – will report to OFAC as needed (Senior Level)
- Resource for other OFAC Auditors

Daily, Weekly and Monthly monitoring of:
Assures a positive working relationship is developed and maintained with auditors / examiners
Serves as technical resource involving BSA and AML issues

Standards and Training:
Maintain required training in a self-paced environment
Provides employees assistance with questions and issues that may arise
Reporting:
Monthly and quarterly reports:
Customer Service – Responsible for fostering the FirstBank Experience to our internal customers, FirstBank associates.
Adhere to Policy and Procedures - Responsible for all compliance with bank policies, procedures, and operational integrity.

Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Education and/or Experience5+ years of experience in financial institution environment, preferred, teller experience a plus.