BSA/AML Manager - Cases

Purpose: The BSA/AML Manager - Cases is responsible for directly managing the Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) Case Investigators and assisting the BSA/AML & OFAC Officer in overseeing the execution of daily functions of the BSA/AML & Office of Foreign Assets Control (OFAC) Programs.

Essential Functions:

• Oversees the case management process including conducting quality control and ensures timely, accurate and compliant filing of Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs), as well as handling the communications in regards to 314(b) information sharing, subpoenas and law enforcement requests.
• Responsible for the Bank’s CTR Exemption process, inclusive of identifying new customers for CTR exemption, assigning CTR exemption reviews (new and annual), performing quality control reviews of CTR exemption reviews, filing Designation of Exempt Person forms through the BSA E-Filing website and updating internal systems to ensure the appropriate handling of transactions for CTR exempt customers.
• Maintains pertinent BSA/AML and OFAC Program governance documentation such as related policies and procedures, ensuring these items are updated annually at a minimum.
• Responsible for preparing timely materials for various governance committees as appropriate (e.g., BAOC Committee, CRC Committee, SAR Working Group).
• Responsible for the preparation of documentation for audits and examinations and provides responses to findings, as needed.
• Provides training, daily mentoring and coaching to direct reports, and ensures staff has requisite skills and resources to function at a high level.
• Demonstrate the standards and principles of the Five Star Bank experience in every interaction with internal and external customers, associates, and stakeholders. Incorporate the high-performance behaviors of teamwork, leading by example, and service in every facet of work.

Job Related Qualifications:

Required:

• Education: High School Diploma. Bachelor’s Degree preferred
• Prior Experience: 5+ years of BSA/AML or OFAC experience, 4+ years of leadership experience
• Licenses or Accreditation: Certified Anti-Money Laundering Specialist (CAMS), Certified Anti-Money Laundering Fraud Professional (CAFP), or other BSA/AML related Certifications preferred.

Competencies:

• Excellent time management skills and organizational skills with the ability to manage multiple priorities and meet established deadlines
• Enhanced knowledge of BSA/AML & OFAC regulations and requirements
• Excellent verbal and written communication skills with ability to interact positively with a wide variety of individuals
• Ability to identify trends, interpret data, conduct root cause analysis, and apply to workflows and compliance techniques and automation to create operational efficiencies
• Possess a high level of attention to detail
• Ability to maintain a high degree of confidentiality
• Able to effectively coach, mentor and develop staff in areas of expertise
• Proficient with Microsoft applications with the ability to learn and utilize new and existing banking software applications; Ability to utilize the internet to conduct searches related to responsibilities

Physical Requirements:

• Able to regularly sit for prolonged periods of time.
• Able to travel:
  1. Occasionally
• Extensive computer usage is required.
• Ability to work:
  1. Evenings
     9. Occasionally
  2. Weekends
     1. Occasionally

Benefits:

• Medical, Dental, and Vision Insurance
• Health Savings Account
• Flexible Spending Account(s)
• Company Paid Life Insurance, Long-Term Disability, and Short-Term Disability
• Voluntary Offerings: Life, Critical Illness/Specified Disease, Accident, Hospital Indemnity & Personal Accident
• Tuition Reimbursement
• Employee Referral Program
• Wellness Reimbursement Program
• Star Volunteer Program
• Employee Banking and Financial Perks
• Flexible Hybrid Work Schedule
• Paid Time Off (PTO)
• Company Paid Holidays

This job description is not exhaustive. The BSA/AML Manager – Cases may be required to perform other duties as assigned. The expected rate of pay for this position is shown above. Compensation offers are based on a wide range of factors including relevant skills, training, experience, education and, where applicable, licenses or certifications obtained. Market and organizational factors are also considered. In addition to your base rate of pay and a competitive benefits package, successful candidates may be eligible to receive cash or equity-based incentives based on the role and performance.