What are the responsibilities and job description for the BSA Compliance Professional position at Glacier Bancorp?
About the Role:
As a BSA Compliance Professional with Glacier Bancorp, you will play a crucial role in ensuring our organization's compliance with safety and soundness regulations. This includes performing all necessary functions to maintain compliance with the GBCI BSA/AML/OFAC Program, Policies, and Procedures for the bank to meet legal and regulatory requirements and achieve satisfactory ratings on all BSA Audits and Exams.
This is a corporate position that may be located at an available bank division location across our eight-state footprint in AZ, CO, ID, MT, NV, UT, WA, or WY.
Key Responsibilities:
- Monitor accounts for possible SAR reporting, researching, and creating SARs when needed. Serve on the corporate SAR review committee. Report SARs to FINCEN in a timely manner.
- Coordinate the development, implementation, and ongoing monitoring of a division's day-to-day compliance with BSA/AML/OFAC requirements. Work with operations units to investigate transactions that are suspicious in nature. Work cooperatively with local, state, or federal authorities to investigate suspicious account activity. Analyze account data for suspicious activity using the AML monitoring system.
- Maintain an understanding and working knowledge of banking operations as they relate to BSA/AML/OFAC compliance, including teller functions, new accounts, wire transfers, electronic banking, and letters of credit. Ensure that training is kept current on BSA/AML/OFAC regulations.
- Assist the corporate BSA officer in developing and maintaining standard procedures to detail the bank's efforts to comply with BSA/AML/OFAC requirements. Perform administrative functions, including but not limited to, ensuring policy revisions are reviewed, understood, and clearly communicated to all division employees, and that recordkeeping requirements are followed regarding BSA/AML/OFAC related areas.
- Review, file, and monitor CTR reporting. Assure CTR exemptions are analyzed, maintained, reviewed annually, and documented properly. File accurate reports with the Department of Treasury according to required timelines.
- Serve as a point of contact and provide support (i.e., data gathering) to internal auditors during the audit process. Ensure exam requests are handled in a timely, confidential manner.
- Assist in the development of BSA training materials and program. Facilitate and ensure that all employees are scheduled for annual training, new employees receive training within 30 days of start date, and new front-line employees complete BSA training before working independently. Keep the consolidated training tracker up to date.
- Review clients for CIP, CDD, and EDD. Review, analyze, and maintain Monetary Instruments and Logs.
- Review various lists as assigned, such as High-Risk Customer lists and 314(a) Suspect Match lists. Review OFAC customer identification and transaction interdiction software daily for accuracy.
- Must comply with all company policies and procedures and all applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Must complete assigned online training courses and achieve a passing score by due date.
About You:
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.
Education:
A two-year college degree or completion of a specialized course of study at a business or trade school equivalent to approximately 64 credit hours is required.
Experience:
A minimum of three years of banking experience with an emphasis on suspicious activity monitoring and reporting, including CTRs, is required. Additionally, two years of investigations experience, preferably in security, fraud, or anti-money laundering, including knowledge of BSA, AML, and OFAC regulations, is required. Two years of experience using Jack Henry's 4/Sight, Synergy, Vertex, and Silverlake is also required.
Preferred Qualifications:
Lending and new accounts experience is preferred.
Certifications:
A Professional BSA Certification, such as CBAP, CAMS, ACFE, or ACFCS, is preferred.
Skills and Abilities:
An employee in this position must be trustworthy, possess a significant level of credibility, discretion, and diplomacy. They must be capable of interacting calmly and professionally with a variety of people from diverse backgrounds at various levels within and outside the organization. They must be a team player with a passion for customer service and a proven ability to build rapport and work effectively with employees at all levels of the organization.
Working Conditions:
This position requires occasional travel (<10 days per year), primarily by automobile (as driver and passenger), commercial airlines, rental vehicles, and public transportation. Regular, reliable, and timely attendance is expected.
