BSA Officer Resume
Objective : Experienced BSA Officer with MBA, ACAMS, CFE, and NCCO certification seeking growth as a BSA and regulatory banking professional. Engage in impact volunteering and support the greater economic vitality within our tri-county reach.
Skills : Customer Focus, Technical Skills, Problem Solving.
Description :
- Hired to bring Achieva Credit Union into compliance as their BSA Department had been without a BSA Compliance Officer.
- Received satisfactory ratings from our Auditor and the NCUA, recruited out of state to Nashville, TN.
- Annually performed the BSA and OFAC risk assessment to determine which areas of the Credit Union pose the most risk and where our resources need to be focused to mitigate risk.
- Performed system validations to ensure data entered into the core system is being captured and flagged appropriately by the AML software.
- Trained all new hires, branch staff, Senior Leadership, and Board of Directors on BSA/OFAC compliance and policies.
- Presented annually to the Board of Directors the current BSA program for approval.
- Conducted high-risk reviews and site visits on customers whose industry and transactional activity posed a risk to the credit union (NBFI, PSP, NGOs, PEPs, Cash Intensive businesses, users of Remote Deposit Capture, and Privately Owned ATMs).
Experience
0-2 Years
Level
Entry Level
Education
BFin
Senior Bsa Officer Resume
Headline : Over fifteen years as BSA Officer, dependable and professional experience in the banking industry. With my attention to detail and organizational skills excel in operations. Able to work independently and as a team member. Eager to take on responsibilities and welcome new challenges.
Skills : Process flow oriented, Planning/Organizing, Judgment, Certified Anti-Money Laundering Specialist.
Description :
- Provided BSA/AML/OFAC/Fraud/ID Theft guidance to staff.
- Led investigation into Suspicious activity and Money Laundering.
- Reviewed and approved all required CTRs weekly.
- Prepared and reviewed all required SARs as needed.
- Prepared SAR Board reports monthly, monitor Monetary Instrument Sales weekly, and Prepare and communicate BSA/AML and OFAC risk assessments annually.
- Performed CTR exemption review and approval annually, and conduct an annual review of privately owned ATM accounts.
- Prepared OCC Money Laundering Risk System (MLRS) data upload annually.
Experience
5-7 Years
Level
Senior
Education
BFin
Junior Bsa Officer Resume
Objective : To secure a challenging position with a financial services institution as a multi-dimensional individual with extensive public and private experience with BSA/AML and all federal compliance banking laws. Well aware of the demanding environment for professionals in field and have much to offer an employer.
Skills : Teamwork, Composure.
Description :
- Documented and reported the investigation findings and prepare case files for review (e.g.media search results, copies of statements/checks, and results from internal system searches).
- Responsible for communicating with internal entities, members of the sales team, and AML monitoring units.
- Collected and examined financial statements and documents to assist in identifying unusual transaction patterns.
- Conducted research over available Bank systems, the Internet, and Databases consistent with the resolution of investigations.
- Wrote Suspicious Activity Reports (SARs) and recommend relationship retention or termination and tracked account closures as required.
- Documented all research and analysis conducted in the Case Management System.
- Followed up with additional Point(s) of Contact (POC) as needed to identify additional information in support of the case.
Experience
0-2 Years
Level
Junior
Education
BFin
Bsa Officer Resume
Objective : BSA Officer with experience in financial services, compliance, leasing, document collection and review. Self-starter, ability to multi-task and work well under deadlines. Instructor at regional paralegal institute.
Skills : Strong Verbal and Written Communication Skills.
Description :
- Performed other duties including identifying, risk scoring & collecting EDD for high-risk customer types.
- Responsible for administering the Bank's BSA/AML compliance program including OFAC, USA Patriot Act, and FinCEN regulations.
- Reviewed accounts, transactions, and various reports to identify suspicious activity.
- Managed the Bank's AML software to ensure proper monitoring and review alerts by performing analytical research.
- Reviewed and file BSA/AML required reports through BSA E-filing and FinCEN sites.
- Administered programs to ensure this international bank was in compliance with all federal and state compliance statutes with an emphasis on BSA/AML.
- Interacted with Senior Management on the Compliance, Legal, and business sectors concerning AML issues.
Experience
0-2 Years
Level
Entry Level
Education
LLM In Law
Bsa Officer Resume
Objective : As a BSA Officer, responsible for conducting investigations to identify potentially suspicious financial and/or fraudulent activity, to include money laundering, terrorist financing, fraud and/or any other financial risk or crime.
Skills : Quality and accuracy of Work, Certification in anti-money laundering (AML).
Description :
- Responsible for the overall BSA Program.
- Reviewed accounts daily for cash transaction reporting, monetary instrument logs, and suspicious activity.
- Prepared Annual BSA Risk Assessment.
- Approved and appointed BSA officer; supervised and managed all BSA/AML inspections by the FDIC, DFI, and independent audit teams.
- Managed a list of high-risk accounts, list for OFAC, non-cooperative countries and territories, NRAs, and MSBs; safeguarded compliance testing.
- Conducted research on high-risk type customers to identify suspicious activities on the accounts specifically relating to money laundering.
- Point of contact and administrator of bank's customer relationship management system (CRM).
Experience
0-2 Years
Level
Fresher
Education
LLM In Law
Bsa Officer Resume
Objective : As a BSA Officer, ensured organizational compliance with Regulatory requirements and applicable policies and procedures governing business practices specifically in regards to the Bank Secrecy Act, OFAC and Ethics.
Skills : Proficient in using Microsoft Office suite, Internet, and other banking systems.
Description :
- Investigated and analyzed the information to reasonably ensure customers BSA/USA PATRIOT Act/OFAC compliance.
- Conducted customer relationship review as it relates to Currency Transaction Reports (CTR), Enhanced Due Diligence (EDD), and Suspicious Activity Report (SAR), and adhere to regulatory guidelines and the banks practices.
- Reviews assigned cases with banking relationships and products and detects possible suspicious activity; conducts any needed research; and file SAR as needed and document the research and analysis performed.
- Reviewed and researched suspect items and/or transactions and report suspicious activity as required.
- Performed routine compliance tasks and deals with routine compliance issues, typically concerning documentation, reporting, etc.
- Stay apprised of regulatory matters and developments through regular review of appropriate compliance publications and websites and by participating in relevant compliance conferences and other training events.
- Complied with and follow all applicable policies and procedures as well as governing laws and regulations.
Experience
2-5 Years
Level
Junior
Education
BFin
Bsa Officer Resume
Objective : As a Bsa Officer, assisted in the implementation and administration of all aspects of the Bank Secrecy Act compliance program and assists with various assignments supporting the compliance program of the Bank under the guidance of the BSA Officer or the BSA Operations Manager.
Skills : Excellent writing and Oral communication skills.
Description :
- Reviewed various reports for inappropriate/suspicious activity and investigate as needed.
- Investigated suspicious activity and complete Suspicious Activity Report as appropriate.
- Oversaw compliance of the Monetary Instrument Log and wire transfer logs.
- Trained resource for the Bank Secrecy Act and Ethics for Bank of Tennessee.
- Assured compliance with the Customer Identification Program.
- Developed and maintained policies and procedures as appropriate.
- Interacted with FDIC and State Examiners as appropriate.
Experience
0-2 Years
Level
Fresher
Education
BFin
Bsa Officer Resume
Headline : As a Bsa Officer, performed daily functions of the BSA Department including back-up for certain BSA Officer duties including Suspicious Activity Report investigation, completion and filing.
Skills : Knowledge of banking systems, products, and banking regulations.
Description :
- Prepared all BSA-related Risk Assessments and update policies as appropriate.
- Prepared Management reports for evaluation as needed.
- Presented to the Board Committee as appropriate
- Oversaw the BSA department, providing guidance and development as needed.
- Provided support and counsel to the Senior Regulatory Officer, Executive Management and bank personnel on emerging issues.
- Maintained compliance with all OFAC (Office of Foreign Assets Control) requirements.
- Served as the designated OFAC Officer.
Experience
5-7 Years
Level
Senior
Education
BFin
Bsa Officer Resume
Objective : As a Bsa Officer, reviewed MSB customers and other cash intensive businesses, monitored customer activity and resolving daily, weekly, and monthly Alerts, and adhering to all BSA Compliance requirements.
Skills : Strong, Distinct, and Professional communication in verbal and written skills.
Description :
- Conducted performance evaluations for BSA department staff.
- Assisted the Senior Regulatory Officer in maintaining a comprehensive Compliance Management System.
- Traveled to conferences and all branches, which may require some overnight stays.
- Approved timecards and benefit time for direct reports ensuring proper coverage.
- Conducted regularly scheduled bi-weekly one-on-ones with team.
- Ensured job descriptions are current and reflect actual duties of position, to ensure skills, abilities and experience is appropriate for current/and or securing new employees.
- Selected appropriate team members whose differing strengths can be maximized to create a highly productive team.
Experience
2-5 Years
Level
Junior
Education
BFin
Bsa Officer Resume
Summary : As a BSA Officer, organized and directed the Banks Compliance Management System, BSA/AML/OFAC compliance, retail and lending compliance and oversee Security requirements under the Bank Protection Act, includes ensuring established policies and procedures are followed in conformance with Bank objectives.
Skills : Possess excellent oral and Written communication skills.
Description :
- Completed cross-training and development training with team members.
- Provided effective employee onboarding, and ongoing training and development opportunities that reflect both the employees and the banks needs.
- Developed clear guidelines, goals, and timelines while working alongside your team toward a common purpose.
- Established an environment of continuous improvement.
- Provided coaching, mentoring, and feedback, to team members on a real-time and continual basis and via two-way communication.
- Listened to feedback and resolve any issues or conflicts.
- Empowered team members to improve their confidence, job knowledge, and communication skills, and identify, discuss, and relay employees interest in promotional and career development opportunities.
Experience
7-10 Years
Level
Senior
Education
BFin
