What are the responsibilities and job description for the BSA/Internal Audit Assistant position at Highlands Community Bank?
The BSA (Bank Secrecy Act) Assistant provides administrative and operational support to the BSA officer, assisting with compliance monitoring, reporting, and other tasks related to the BSA program.
- Review and certify OFAC reports and messages.
- Test system for OFAC updates.
- Review all IAT’s for OFAC Hits.
- Review RDC Items over 5K.
- CTRs: Checking CRT module and compiling Cash report and filing CTR if needed.
- End of month tracking CTR monthly withdrawals and deposits and reporting numbers to BSA officer.
- Download Monthly official check (monetary instrument report) and ensure information is accurate.
- Review new account CDDs, corresponding with frontline on issues with CDDs and ensuring issues are resolved.
- Keep track of the new account review excel sheet and reconciling accounts end of the month
- Track CDD documentation once the file is complete move to BAM .
- Track outstanding CDD’s list and report to the BSA Officer weekly.
- Update BAM with Notes from Branches regarding large wires or cash transaction over 10K.
- Performs all other duties as assigned.
- Perform review of new accounts and requests from front line.
The Internal Audit Assistant provides vital assurance to the Bank's Board of Directors and senior management as to the quality of the bank's internal control system.
- The Internal Audit Assistant is responsible to assist in the on-going monitoring of the risk management process and internal control system and perform other independent reviews to ensure effectiveness of operations and compliance with policies and procedures.
- Assist in development of annual internal audit program and procedures
- Perform a full audit cycle, including risk assessment, develop work programs and all other relevant documentation necessary to perform the assigned reviews.
- Assist in the identification of risks and recommend effective mitigating controls.
- Ensure complete, accurate and timely reporting of audit results.
- Assist in performing ongoing monitoring of outstanding reported audit findings.
- Review user acceptance tests and provide recommendations.
- Responsible to report any detected weaknesses, omissions and or errors to the Internal Auditor.