BSA/AML Specialist

Overview:

***Location flexible in any Tompkins Community Bank Market only.

Hybrid schedule may be an option within the markets once training is complete.***

The BSA/AML Specialist is responsible for performing analysis of financial and non-financial data to ensure compliance with Bank Secrecy Act (“BSA”)/Anti-Money Laundering (“AML”) and Office of Foreign Asset Control (“OFAC”) laws, regulations, and regulatory guidance. The BSA/AML Specialist will be responsible for analyzing and interpreting data for the purpose of identifying illicit activities such as money laundering, terrorist financing, fraud, and other activities that threaten the security interests of the Bank. The BSA/AML Specialist will also work to maintain a strong compliance culture within the assigned sphere of responsibilities, while promoting strong compliance throughout the organization.

Responsibilities:

• Assist management in administering a Suspicious Activity Monitoring (SAM) program, including through daily transaction alert review.

• Review system generated reports regarding customer accounts to determine suspicious activity; perform appropriate account research through review and monitoring, and recommend the filing of Suspicious Activity Reports (SARs) as appropriate, subject to further quality assurance reviews.

• Identify and monitor customers and accounts that represent an increased risk for money laundering activity, including those utilizing high-risk products and services.

• Establish and develop effective working relationships with department and all Tompkins employees to develop and implement BSA/AML monitoring procedures.

• Review system generated reports to identify transactions requiring Currency Transaction Report (CTR) completion, including initial report preparation.

• Review new account activity to ensure Customer Identification Program (CIP) and Customer Due Diligence (CDD) elements are retained.

• Review potential OFAC and 314(a) matches and determine validity, ensuring appropriate documentation is retained for determinations made.

• Ensure appropriate recordkeeping practices for monetary instrument sales transactions.

• Seek out resources and growth opportunities to obtain additional knowledge of BSA/AML/OFAC practices, and share with fellow team members as appropriate.

• All other duties as assigned.

Qualifications:

• An Associate’s Degree. A Bachelor’s Degree or higher is preferred.

• A minimum of 2-5 years’ related experience. Knowledge of banking operations and/or regulations.

• Experience in a branch banking environment, with increasing levels of responsibility is preferred.

• Excellent communication skills.

• Proven ability to analyze information and formulate conclusions.

• Understand the confidentiality of the work environment and responds accordingly to protect and preserve sensitive information.

• Proficient interpersonal relations, communication skill level to effectively interact with others across the Company.

• Proficient use of technology and software applications, including the Microsoft Office applications.

• Experience working with automated systems to detect and report suspicious activities is preferred.

• Knowledge of BSA/AML, and OFAC laws, rules, regulations, and guidance, and their applicability is preferred.

Benefits:

• Medical
• Dental
• Vision
• 401(k) Match
• Profit Sharing
• Paid Time Off
• 11 Holidays
• Tuition Reimbursement
• Free Parking throughout Tompkins Community Bank
• Employee Referrals

EEO Statement:

Tompkins is committed to a policy of Equal Employment Opportunity ("EEO") with respect to all team members and applicants for employment and a work environment free from discrimination (including unlawful harassment) based on race, color, religion, sex, sexual orientation, transgender status, gender non-conformity, gender identity, gender expression, national origin, age, marital status, domestic violence victim status, disability, predisposing genetic characteristics, military or veteran status or status in any group protected by federal, state, or local law. 

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Pay Range:
USD $26.00 - USD $33.00 /Hr.