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BSA / AML Manager – Up to $80K – Newark, NJ – 771

Who We Are

Bankers Recruiting Bankers – The Symicor Group is a boutique bank-only talent acquisition firm based in Chicago.  Our nationally unique value proposition centers around providing the very best available banking talent to our valued clients…from a banker’s perspective.  In fact, most of our recruiters are former bankers themselves! We know banking and how to evaluate the very best banking talent available in the market.  Whether you are a bank candidate seeking a new opportunity or a bank president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position

Our client is seeking to fill a BSA / AML Manager role in the Newark, NJ market. The successful candidate will be responsible for handling assigned tasks and procedures regarding compliance with various anti-money laundering laws and regulations. The candidate may also monitor high risk products, activities, customers, and business entities using enhanced due diligence procedures and assists in managing the monitoring of high risk customer by implementing a comprehensive monitoring program. The position offers a generous salary of up to $80K and a full benefits package. BSA /AML Manager responsibilities include:

  • Analyzing customer account transactions to detect suspicious activity and make decisions on appropriate action to take.
  • Working cooperatively with business line to establish procedures for identifying suspicious customer transactions, specific to money laundering, including the proper method for reporting such activity to the anti-money-laundering group.
  • Providing guidance, support, and recommendations to business lines regarding customer AML risk ratings and account activity.
  • Determining the need for Suspicious Activity Report (SARs) to be filed with the Federal Government for any identified suspicious activity based on the outcome of an investigation.
  • Working cooperatively with the Bank’s internal departments to obtain and analyze necessary information related to the investigation.
  • Working cooperatively with other financial institutions to obtain necessary information related to investigations.
  • Working cooperatively with local, state, or federal authorities to investigate suspicious account activity.
  • Preparing investigation reports for management.
  • Assisting in implementation of AML/BSA detection and prevention methods, such as training and instruction manuals.
  • Assisting with departmental tracking and reporting.
  • Supporting any special projects or critical casework.
  • Actively ensuring compliance with the Bank’s Code of Ethics and all Anti-Money Laundering, Bank Secrecy Act, information security and suspicious activity reporting requirements, policies and procedures.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future. You also bring the following skills and experience:

  • High school graduate, college degree preferred.
  • Three or more years of general banking experience.
  • Prior exposure to a variety of BSA activities preferred.
  • Possesses a current knowledge of the Bank’s automated BSA, Anti-money laundering, and OFAC compliance systems.
  • A working knowledge of Bank records and systems including, Premier 8, WireXchange, Verafin, Check For Risk, and Webcapture.
  • Must have a strong knowledge of Bank Secrecy Act, USA PATRIOT ACT, OFAC and other anti-money laundering laws and regulations.
  • Must have the confidence and ability to identify potential issues and solutions and work with management to resolve issues.
  • Ability to manage case flow and workloads of investigative employees to ensure proper tracking and monitoring of a wide variety of reports, work items, and investigations.
  • Ability to provide guidance and training to investigators within the department regarding AML, BSA, and OFAC-related issues.
  • Ability to interact and respond accurately to inquiries from internal audit and bank regulators.
  • Excellent verbal and written communication skills.
  • Ability to prioritize and organize assignments.
  • PC computer skills- Knowledge of Microsoft Office applications (i.e. Word, Excel).

The next step is yours.  Email us your current resume along with the position you are considering to:

resumes@symicorgroup.com

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