FVCbank 

BSA Specialist - Job Description

Title: BSA Specialist
Department(s): BSA Department
Reports to: VP/Director of BSA and Fraud

About Us: 

Since opening our doors in 2007, FVCbank has incorporated a vision of creating a positive and empowering work environment for our employees. Our continuous efforts in supporting our employees to be successful is one of our most important responsibilities.  We believe that in order to provide exceptional service to our customers and the community, our employees must be a priority.   If you want to join a company that is dedicated to helping you be successful and grow in your career, then join us at FVCbank.  

Job Summary

Ensure FVCbank customer and transactional data is being validated by the Bank’s AML monitoring system appropriately.  Ensure daily cash and other BSA related reports are being reviewed as required and that regulatory filings are reviewed, prepared, and filed in accordance to BSA Policy and Procedures.  Provide quality control and assurance of Customer Due Diligence (CDD), Customer information Program (CIP), Beneficial Ownership, and other new account documentation prepared within FVCbank. Provide proactive support to Director of BSA and Fraud and other BSA Department personnel with other tasks such as employee referrals and requests, tracking fraud incidents, responding to employee inquiries, and others. Assist management in ensuring the Bank operates in accordance with legal and regulatory requirements and all standards of conduct in regards to the Bank Secrecy Act.  Maintain a strong compliance culture within assigned sphere of responsibilities.

Essential Job Functions

• Understand the Bank’s Customer Identification Program (CIP) and Customer Due Diligence (CDD) requirements.
• Provides BSA guidance for New Account Customer Verification requirements, including Beneficial Ownership and related matters regarding new customers.
• Assist with reviewing CIP, CDD, and Know Your Customer documentation (KYC) information and documentation for completeness and accuracy as needed. 
• Perform data validation of the AML monitoring system and conduct research of not validated transactions 
• Review daily and other periodic reports related to cash transactions, monetary instrument sales, new accounts, Office of Foreign Asset Controls (OFAC) suspects, and others as needed.
• Review Currency Transaction Reports (CTRs) suspects and prepare CTRs for filing and submission.
• Perform quality assurance reviews on completed CTRs as needed.
• Communicate with Bank personnel as needed regarding cash transactions, CTRs, monetary instrument sales, CIP/CDD, and other BSA related matters.
• Review, track, and/or respond to inquiries or requests from Bank personnel such as Questionable Activity Reports (QARs), fraud incidents, OFAC approval requests, EDD requests, new account inquiries, CTR inquiries, etc.   
• Other duties as assigned. Individual will be cross trained in other areas of BSA.

Position Requirements

• Minimum High School Diploma
• Minimum three (2) years’ experience in Bank Retail or Bank Operations. Experience with BSA preferred. 
• Moderate level of analytical and problem solving skills. 
• Self-motivated, resourceful and detailed oriented. 
• Excellent communication, both verbal and written, with the ability to summarizing findings and presenting in a clear, concise manner to Management.
• The ability to navigate the internet, and perform research from additional online resources.
• Proficiency utilizing current technology and software applications related to the position, including the Microsoft Office Suite of applications.
• Understand the confidentiality of work environment and respond accordingly to protect and preserve sensitive information.

Additional Requirements

• Ability to sit, stand, kneel, and bend for extended periods of time
• Must be able to operate a computer keyboard, mouse, and other computer components
• Ability to converse and exchange information with all levels of staff within the organization
• Ability to observe, perceive, and identify data
• Ability to travel via air, rail, automobile, and/or bus

Disclaimer

The position for which you are applying is one that would have access to cash, financial instruments, financial transactions, or confidential customer financial information. The Bank has determined that personal financial responsibility is substantially related to preventing misuse or misappropriation of financial instruments or information which is an essential function of the position for which you are applying. A consumer report (including a credit report) and additional background reports are requested of all applicants on that basis.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

We are an Affirmative Action/EEO Employer. We do not discriminate on the basis of race, color, religion, national origin, physical or mental disability, protected veteran status, sex, gender identity, sexual orientation or any other characteristic protected by federal, state or local law.   

Apply at www.fvcbank.com / Careers Tab