Job Information
RIVER BANK BSA Assistant in SPARTA, Wisconsin
JOB REQUIREMENTS: Duties and Responsibilities: 1.Support the development, implementation and revision of the Bank\'s Bank Secrecy Act Program and Policy as needed. 2.Assist in the development and enhancement of automated monitoring systems for detecting suspicious activity. 3.Review daily, weekly and monthly alerts generated by Verafin, our BSA/AML software, to identify and/or prevent potentially suspicious activity, including but not limited to unusual transactions, high-risk customers, and potential money laundering activities. 4.Conduct thorough investigations into flagged alerts, utilizing various internal and external resources, to gather additional information and evidence. 5.Analyze customer account activity, transaction patterns, and other relevant data to determine the legitimacy of flagged alerts. 6.Document findings and conclusions from alert reviews and investigation in a clear and concise manner, adhering to policies and regulatory requirements. 7.Assist in the accurate and timely filing of Currency Transaction Reports (CTRs) and review of exempt status. 8.Provide CTR assistance to branches and other departments when needed. 9.Assist in performing initial and periodic enhanced customer due diligence reviews. 10.Assist with internal and external audits and regulatory examinations. 11.Keep abreast of regulatory changes and updates related to BSA/AML/OFAC 12.Assist in training and answering questions for all areas of the bank regarding BSA/AML/ OFAC 13.Attend BSA Committee meetings and provide assistance in gathering supporting documentation. 14.Possess knowledge on BSA requirements, bank products, services, account transactions, policies and procedures. 15.Ensure the confidentiality of all company records and information 16.Keep up to date on policies and procedures, including the timely completion of all required and assigned training 17.Sweep, vacuum, and dust as needed to maintain appearance of workspace 18.Assist with other duties and projects as assigned by supervisor ***** OTHER EXPERIENCE AND QUALIFICATIONS: 1.Strong communication and organizational skills 2.Ability to work effectively in an internal environment requiring both face-to-face and phone-based support 3.Skills in building strong working relationships with coworkers 4.Ability to work independently and prioritize projects 5.Proficiency with various computer software programs 6.Previous banking experience ***** APPLICATION INSTRUCTIONS: E-Mail a Rsum: application@riverbank.biz