Description

The Anti-Money Laundering (AML) Manager/Bank Secrecy Act (BSA) Officer is responsible for managing the Bank's BSA/AML/OFAC compliance program.

Requirements

Duties and Responsibilities:

1. Add value as a key member of management; understands the business, financials, industry, customers and strategy.
2. Supervise employees, provide direction, train and develop, and manage performance to company goals and expectations.
3. Oversees and administers the Bank Secrecy Act (BSA/Anti-Money Lending (AML) program, including training the Board of Directors, management and staff.
4. Manage the daily functions of the BSA/AML/OFAC program including Suspicious Activity Reports (SAR), Currency Transaction Reports (CTR), timely responses to 314 (a) and 314 (b) inquiries, monitoring account activity, approving transactions, assisting business units with questions, etc.
5. Manage the completion of the annual BSA/AML and Office of Foreign Assets Control (OFAC) risk assessments; OCC Money Laundering Risk (MLR) system, and updates to compliance management program.
6. Perform regular reviews of applicable deposit accounts and lending relationships to ensure compliance with OFAC requirements.
7. Use the BSA/AML monitoring application software and related reports to detect suspicious activities.
8. Assist in providing applicable training for BSA/AML and other compliance related topics.
9. Maintain current knowledge of applicable consumer protection laws and regulations and assist management with implementing new laws and regulations; as well as assisting business unit managers in developing appropriate procedures supporting these changes.
10. Assist in the maintenance and administration of the bank's computer-based compliance training program which includes reporting results to management.
11. Keep current with the latest in the banking and financial services area through seminars, conferences, and meetings with colleagues from other financial institutions and from other fields; assesses impact on organization's policies and procedures.
12. Assist with conducting compliance reviews.
13. Other duties as required.
14. The duties outlined above are a summary and may not be an exhaustive or comprehensive list of all possible responsibilities, tasks, and duties. All job descriptions may be amended at any time at the sole discretion of FMHC.

Qualifications and Skills:

1. 3 to 5 years of experience in financial services or banking is required.
2. Strong understanding of banking laws, regulations and guidelines is required.
3. Bachelor's degree in Accounting or Finance OR equivalent work experience is required; Master's degree is preferred.
4. Proficiency in MS Office [Outlook, Excel, Word] or similar software is required. Encompass, Cleartouch, Nautilus, various government and investor software/web portals is preferred.
5. Certification as Anti-Money Laundering Specialist is preferred.
6. 1 to 3 years of supervisory experience is preferred.

Necessary competencies:

1. Resilience
2. Collaboration
3. Communication
4. Service Orientation
5. Quality Focused
6. Process Oriented
7. Accountability

Physical Environment:

• While performing the duties of this job, the employee is regularly required to lift, walk, stand, sit, bend, reach with hands and arms, climb, push/pull, use hands, and see, hear and speak.
• The employee must occasionally lift and/or move up to 25 pounds.
• The noise level in the work environment is usually quiet to moderate.
• This position is performed in an office setting, five days a week with typical work hours being 8.30a through 5.15p.