Summary: The BSA/AML Manager is responsible for directing a staff of professionals dedicated to AML surveillance and investigations, including providing work direction, coaching and development, as well as review of work product.
Essential Duties and Responsibilities:
• Under limited guidance, direct a group of BSA/AML Investigators on a daily basis.
•Work closely with BSA/AML Director to ensure that department policies for alert, case, and SAR quality and timeliness are met.
•Make recommendations for improving the efficiency and effectiveness of department processes and procedures, including the automated AML solution.
•Conduct ongoing evaluation of the efficiency of existing surveillance systems, rules and methodologies to ensure appropriate identification of money laundering, terrorist financing, or unusual account activity among account holders.
•Research and understand money laundering trends and scenarios in order to apply that intelligence to observed activity in customer accounts and evaluate effectively.
•Assist in investigating complex cases of both potential money laundering/terrorist financing crimes and BSA/AML violations throughout MetaBank utilizing an internal AML application, referrals from various internal sources, internet research, and information from peer banks and law enforcement.
•Prepare, file and review Suspicious Activity Reports as required by BSA Regulations.
•Interact with and provide supporting documentation and information to law enforcement representatives, including IRS-CI, Secret Service, Homeland Security, ICE, and the FBI as requested.
•Interact with the Internal Audit department, others performing reviews and testing of the company’s AML program and regulators regarding AML Surveillance and Investigations processes.
•Prepare, interpret, summarize and creates reports, flow charts, and graphs to assist with training, orientation, and identify patterns and trends related to money laundering.
•Other duties may be assigned.
•Directly supervise a group of BSA/AML investigators.
•Interview, hire, train, and evaluate staff.
Education and/or Experience: Bachelor's degree (B. A.) from four-year College or University; or one to three years related experience and/or training; or equivalent combination of education and experience. CAMS certification preferred.
Other Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
•Ability to investigate, analyze information, draw conclusions and make recommendations for improvements.
•Working knowledge of the Bank Secrecy Act and USA PATRIOT Act.
• Ability to prioritize and manage multiple tasks in order to meet deadlines.
•Demonstrated organizational skills.
•Demonstrates a personal commitment to excellence and professionalism.
•Maintains strict confidentiality on all matters involving the bank.
Values Statement: Meta Financial employees uphold our philosophy of ‘People Helping People’ by contributing to building a positive team spirit and inspiring and motivating others to perform well. Employees must speak clearly and persuasively in positive and negative situations and continually look for ways to improve and promote quality products and services to our customers.
General sign-off: The employee is expected to adhere to all company policies including but not limited to the Vision, Mission, and Value statements and actively participate in company programs including, but not limited to, Performance Management and Compliance Training. The employee must comply with all provisions of the Bank Secrecy Act and maintain complete confidentiality with all bank business.
Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Language Skills: Ability to read and comprehend simple instructions, short correspondence, and memos. Ability to write simple correspondence. Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization. Must have excellent verbal and written communication skills and be able to handle self in a professional manner under stressful circumstances with the ability to multi-task and work in a fast paced environment.
Mathematical Skills: Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent.
Reasoning Ability: Must have the ability to solve practical problems and carry out detailed but uninvolved written or oral instructions. Ability to deal with problems involving a few concrete variables in standardized situations.
Computer Skills: To perform this job successfully, an individual should be prepared to perform significant portions of their work in a computer based work environment. They should have experience with:
•Microsoft Word, Excel and Outlook
Physical Demands: While performing the duties of this job, the employee is frequently required to stand; walk; use hands to finger, handle, or feel and reach with hands and arms. The employee is frequently required to sit. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision and ability to adjust focus.
Work Environment: The noise level in the work environment is usually moderate.
Contact and Miscellaneous Information:
Brenda Van Holland
5501 S Broadband Lane
Sioux Falls, SD 57108
Phone: (605) 338-0059
||Banking / Financial Services
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