Candidate Profile #417336

Pennsylvania – Philadelphia Area – BSA/AML Compliance Officer

• Years of Related Experience: 20+
• Minimum Salary: $80K 
• Work Area:  Within 30 miles of Philadelphia, PA
• Experience:
  • Complete comprehensive reviews of customer activity to identify potential financial crime risks.
  • Conduct internet and other research concerning the customers and counterparties involved with transactions, as appropriate.
  • Review complex and multi-tiered relationships to determine if account activity is suspicious and requires the filing of a SAR.
  • Write a comprehensive analysis of the account activity to support the disposition to close/escalate an alert, close/escalate a case, and file a SAR when required while meeting Management-defined productivity and quality control requirements.
  • Thoroughly document alert and case investigations, including supporting data, research, analysis, and rationale for the recommendation within the case management system in a timely manner and in compliance with regulatory guidelines and AFC procedures.
  • Provide recommendations for off-boarding customers who pose a heightened risk to the Institution as directed by the Head of the Financial Intelligence Unit.
  • Prepare summaries of customers with multiple SARs and high-risk investigation cases to the Head of the Financial Intelligence Unit, BSA Officer, and SAR Committee, as needed.
  • Maintain a high degree of relevant knowledge with respect to BSA/AML laws and regulations, including monitoring new and proposed BSA/AML-related legislation, regulatory requirements, key enforcement actions, key trends, and emerging issues, as directed by the Head of Financial Intelligence Unit.
  • Knowledgeable in the USA PATRIOT Act, Bank Secrecy Act, OFAC, and related AML regulations.
  • Experience with external compliance screening databases (World-Check, Lexis/ Nexis, Actimize, PACER, KYC).
• Other Attributes:  Proficient in Microsoft Word, Excel, PowerPoint, PeopleSoft, and Fingerprinting.
• Education: Bachelor’s Degree in Criminal Justice
• Reference #:  417336
• Send Candidate’s Resume:  Click Here