BSA​/AML Specialist

Job description:

* Assist the BSA Officer with monitoring the Bank's BSA program and ensuring adherence to BSA, Anti-Money Laundering (AML), and Customer Identification Program (CIP), and Office of Foreign Assets Control (OFAC) policies

* Complete a review of new customer for CIP requirements; communicate to retail and lending department of any missing or incomplete requirements for CIP compliance

* Review of Customer Due Diligence (CDD) questionnaires for completion and appropriateness of responses; communicate updates needed to retail department

* Assist with Currency Transaction Reporting

* Review and certify OFAC reports and alerts

* Communicate with the retail department to ensure accurate and timely report filing and address any BSA deficiencies

Compliance

* Comply with applicable bank regulations, such as regulations governing disclosures

* Comply with applicable bank regulations, such as regulations governing currency transactions, purchase of negotiable instruments, and money laundering (BSA, AML)

* Participate in annual compliance and other job-related training

Relationships and Contacts

Internal:
Reports to BSA Officer, occasional interactions with senior management; daily interaction with Retail, Lending and Deposit Operations Teams; as required interaction throughout organization to provide compliance advice at all levels

External:
Routine interaction with internal auditors and also regular contact with industry, trade, other bank/thrift groups regarding current events, upcoming legislation, operations and other industry concerns

Education and Experience

* Bachelor's Degree or equivalent experience

* A minimum of one year of banking experience

Skills and Competencies

* Knowledge of BSA/ AML compliance

* Ability to handle multiple projects at one time

* Ability to interact with all levels of staff and management

* Excellent interpersonal skills

* Strong problem-solving skills

* Effective communication skills, both verbal and written

* Willingness to work flexible hours

* Computer experience with Microsoft Word, Excel

Working Conditions

Traditional office environment with ability to work remotely on a hybrid basis; the office maintains five day a week operations (Monday - Friday) with operational hours of 8:00am - 5:00pm.

Penn community Bank is an equal opportunity employer.