Responsibilities

The BSA Quality Control Supervisor is primarily be responsible for all the monthly Alert and Profile Case Approvals from our Prime BSA Monitoring System. Performs quality control on the AML monitoring system (Prime) to ensure all supporting documentation is maintained in the AML monitoring system. Perform quality control review on Suspicious Activity Reports (SARs) for overall correctness and accuracy prior to filing to FinCEN. Ensures adequate policies and procedures are in place to combat money laundering and implement best practice standard guidelines for SAR filing. Conducts monthly SAR analysis and Alert and Case processing analysis. Makes decisions to comply with Bank standards, policies and established procedures as well as compliance with the regulatory agencies. Provides recommendation and share best practice for improvement, to immediately correct inconsistencies and weaknesses amongst the team. Conduct trends, which include but are not limited to: waiver analysis, SAR analysis, return ratio, escalation percentages and production volume.  Acts as liaison with various law enforcement agencies, which includes but is no limited to Immigrations and Customs Enforcement, Internal Revenue Service, F.B.I. and U.S. Attorneys’ Offices on AML investigations as required.

Qualifications

• Bachelor’s Degree in Business or Finance and at least of five (5) years of experience directly related to BSA in the banking industry with strong focus on monitoring and investigation of suspicious activities; or equivalent combination of education and experience.
• Experience with BSA monitoring software required.
• Prior experience as a Supervisor is preferred.
• Certified Anti-Money Laundering Specialist (CAMS) and/or other professional BSA/AML related certifications preferred.
• Must possess excellent analytical, organizational, and decision-making skills.
• Must have the ability to work and effectively communicate with all levels of management, branch network, and internal departments.
• Ability to build relationships using teamwork, problem identification and problem solution skills.
• Willingness and assertiveness to express expertise and authority to meet the requirements for the position.
• Must be comfortable in shifting priorities.
• Must have a thorough understanding of general banking principles; thorough knowledge of federal regulations affecting AML, BSA and OFAC.
• Must be able to work under pressure and meet deadlines.
• Must possess excellent organizational, analytical, interpersonal, written and communication skills.
• Computer proficient in MS Software, (e.g. Excel, Word, and Outlook) and internet savvy.