Bank Secrecy and Anti-Money Laundering Support Manager
Company: First Mid Bank & Trust
Location: Saint Louis
Posted on: June 25, 2022
Job Description:
The BSA Support Manager is responsible for the overall
management of the day-to-day functions of the BSA team ensuring
established policies and procedures are followed. Responsible for
leading, coaching, and guiding team members. This position performs
various quality control reviews, risk assessments, and monitoring
in the area of Bank Secrecy Act, USA Patriot Act, Anti-Money
Laundering, and Office of Foreign Assets Control using industry
standards and regulatory guidance to ensure the Bank's compliance
efforts are maintained daily. The BSA Support Manager works in
cooperation with, and reports directly to, the BSA & Fraud
Officer.Responsibilities include, but are not limited to:
- Maintains proficient knowledge of the respective regulations,
policies, and procedures, including those for the Bank Secrecy Act,
USA Patriot Act, Anti-Money Laundering, and Office of Foreign
Assets Control.
- Develops and maintains procedures in conjunction with the
regulations.
- Performs various quality control reviews in conjunction with
bank policies, procedures, and objectives relating to the Bank's
BSA/AML/OFAC Compliance Program ensuring ongoing activities are
following regulatory requirements.
- Continually evaluates and incorporates new processes for higher
efficiencies especially with product changes within the Verafin
monitoring program.
- Exercises control over the day-to-day operational
functions.
- Maximizes employee performance by monitoring their schedules
and job duties assigned. Conducts performance evaluations and
provides recommendations about hiring, discipline, promotion or
termination of staff.
- Responsible for continual training and development of staff,
which includes regulations, operational policies and procedures,
customer service, and risk management.
- Serves as an administrator of the Verafin software.
- Complete required training associated with job
function.QualificationsEducation/Experience:
- Bachelor's degree or commensurate banking experience
- 3+ years of BSA compliance experience preferred
- 3+ years of management or supervisory experience preferred
- Ability and willingness to achieve professional certification
related to position preferredSkills:
- Strong written and oral communication skills.
- High degree of confidentiality and integrity.
- High level of interpersonal skills in order to represent the
bank in a professional manner.
- Thorough knowledge of Microsoft Office products.
- Excellent organizational skills to complete multiple tasks
accurately, timely, and in a confidential manner.
- Excellent analytical abilities to assess operational processes
balancing between risk exposure and functional efficiencies.
- Ability to deal with complex problems involving multiple
aspects and variables in non-standardized situations.
- Excellent knowledge of banking policies and procedures and the
respective state and federal laws and regulations governing
departmental functions.
- Ability to lead, motivate, encourage, and mentor others.First
Mid Bancshares, Inc. is an Equal Opportunity/Affirmative Action
employer. All qualified applicants will receive consideration for
employment without regard to race, color, religion, sex, national
origin, disability, gender identity, sexual orientation, protected
veteran status, or any other applicable federal or state-protected
classification.THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT
FOR EMPLOYMENTLP123#LI-POST
Keywords: First Mid Bank & Trust, St. Louis , Bank Secrecy and Anti-Money Laundering Support Manager, Executive , Saint Louis, Missouri
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