Job Description

We are seeking BSA Officers to join our client's team. This BSA Officer will be in charge of BSA for a boutique bank in Brickell. This position monitors compliance with state and federal Bank Secrecy Act (BSA) , USA PATRIOT Act, Anti-Money Laundering (AML), and OFAC laws and regulations. 

The main duties of the Bank Secrecy Act (BSA) Officer will be:

  • Overseeing all aspects of the corporate-wide Bank Secrecy Act (BSA), Anti-Money Laundering (AML) programs. 
  • Coordinating responses to regulatory BSA-AML examinations and audits and actions taken to insure deficiencies are corrected.
  • Make recommendations to the Compliance Officer and senior management when and where appropriate.
  • Maintains proficient knowledge of the rules and regulations, including but not limited to, the Bank Secrecy Act (BSA) , USA Patriot Act, SARS and OFAC.
  • Works with operations units to investigate transactions that are suspicious in nature.
  • Submits Suspicious Activity Reports for BSA-AML-related activities.
  • Monitors and track BSA-AML high-risk customers and accounts.

Job Requirements

  • Minimum 5 years working in BSA 
  • Bilingual is a plus
  • Understands government regulations with particular emphasis on the Bank Secrecy Act and related regulations.  
  • Assist business units in implementing processes necessary to comply with regulations. 
  • Performs regulatory research in response to business unit compliance inquiries, projects, and changes while communicating 
  • Performs analysis of BSA related data to draw conclusions about the level of compliance throughout the enterprise. 
  • Performs routine monitoring to determine the extent of compliance with regulations, laws, policies and procedures.
  • Communicates the results of monitoring to department managers and senior management, follows-up to ensure issues are addressed, escalates issues