BSA Administrator

For more information go to www.firstbank.com/about/join-our-team

POSITION SUMMARY: The BSA Administrator will support the bank’s Bank Secrecy Act and anti-money laundering program through daily monitoring, investigation, documentation, and employee support. This role reviews transaction activity, investigates alerts, maintains supporting records, assists branch employees, and collaborates with the Compliance Department to meet applicable legal, regulatory, and internal policy requirements.

ESSENTIAL DUTIES AND RESPONSIBILITIES: 

• Review daily cash and transaction reports, including cash transaction detail reports, general ledger cash transaction reports, and cash exchange reports.
• Review and process assigned reports and alerts in Verafin BSA/AML software.
• Prepare and submit Currency Transaction Reports (CTRs).
• Investigate potential OFAC matches. 
• Investigate suspicious activity alerts and gather appropriate supporting documentation.
• Assist the BSA Officer with drafting Suspicious Activity Reports (SARs).
• Provide BSA-related support and guidance to branch personnel.
• Ensure branch personnel collects required documentation during account opening.
• Assist with monthly and quarterly reviews and prepare materials for BSA Committee meetings.
• Collect and analyze audit data, then compile findings for reporting.
• Gather documentation for regulatory examinations and audits.
• Complete annual BSA training and assist the Compliance Department as needed.
• Perform other duties as assigned.

MINIMUM EDUCATION AND EXPERIENCE: 

• Bachelor’s degree in accounting, business, finance, or a related field.
• Two or more years of banking experience preferred.
• Foundational knowledge of BSA/AML and regulatory compliance, with an interest in continuing to develop that knowledge.
• Experience with Verafin BSA/AML software is preferred.
• Ability to apply Bank Secrecy Act requirements when reviewing transactions, investigating alerts, and maintaining documentation.
• Proficiency with Microsoft Word and Excel.

MINIMUM SKILLS AND ABILITIES: 

• Excellent written and verbal communication skills.
• Strong mathematical, analytical, and organizational abilities.
• Ability to manage work within prescribed time frames.
• Self-directed approach with the ability to work independently.
• Sound judgment when handling confidential customer and bank information.
• Commitment to acquiring and maintaining the knowledge of state and federal banking regulations and internal policies required for the position.
• Discretion in protecting confidential customer and bank information and disclosing it only with appropriate authorization or as permitted by law.

BENEFITS:

• PTO Leave is 20 days per year earned on a monthly basis
• First Bank and Trust recognizes11 paid holidays, when the holidays occur during the work week 
• Medical, Dental and Vision Insurance starts the 1st day of the month after hire date
• Employees are automatically enrolled in the bank's 401K/ESOP Plan  
• First Bank and Trust provides basic life insurance coverage equal to two times an employees' base salary
• First Bank and Trust provides long-term disability insurance coverage  
• Normal work week is Monday-Friday 8:30 to 5:00 at the branch location.

WORK ENVIRONMENT: This position operates in a typical office environment and may require travel to branch locations. The employee must be able to communicate verbally and regularly stand, walk, and sit. The position also requires occasional reaching with the hands and arms and lifting or moving up to 25 pounds.

First Bank and Trust is an Equal Opportunity Employer                       EOE/AA/M/F/Disabled/Veteran