Compliance & BSA Specialist - Columbus, United States - CFBank

Description

We are proud to be ranked nationally in the top 10 Banks within our asset size peer group based on financial performance.

If you are seeking a place where you can have enhanced visibility and add more value, and thrive operating in a dynamic and evolving environment, you belong at CFBank.

For over 130 years we've been serving our communities and over the past decade grown to be a top performer.

Our unique business model offers direct access to decision-makers, great technology, great products and competitive pricing that position our teams to go into the market and win business.

The Compliance & BSA Specialist supports the bank's compliance-related programs including but not limited to Bank Secrecy Act/Anti-Money Laundering, HMDA, flood, and CRA, ensuring the programs function at a high level of compliance.

• Support the Compliance team members and other internal partners through overall bank compliance expertise, acting as a subject matter expert on various compliance-related programs, internal policies, and regulatory guidelines.
• Provide administrative support to the Bank's overall compliance program, leveraging skills in data collection, monitoring, analysis, communication, and reporting.
• Directly support the BSA Officer in maintaining the Bank's BSA/AML compliance program and assist in meeting and maintaining all BSA/AML compliance requirements.
• Ensure the required recordkeeping, processing, and completion of regulatory reports.
• Assist with monitoring customer due diligence as well as maintaining the BSA software, recordkeeping systems, and reporting, helping to identify suspicious activity.
• Analyze transactions to determine if they are suspicious, taking appropriate action to document, escalate, and submit SARs.
• Maintain a current, thorough understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practices, criminal activities, and developing trends.
• Will be responsible for completing special projects as assigned by leadership.
• Interact effectively with all levels of the organization, including senior leadership, as well as regulators and examiners as appropriate.
• Help support the implementation of operational/compliance procedures to comply with banking regulations and requirements.
• Adhere to all regulations, policies, and record-keeping requirements.
• Complete all required individual training related to bank regulations and policies.
• Accept other responsibilities and projects as requested to add value for CFBank.

• At least 1 year of Bank Compliance and BSA experience is required.
• An Associate's Degree or related direct experience is strongly preferred.
• Intermediate-level computer knowledge required.