AML/BSA Specialist at Kforce Finance and Accounting

RESPONSIBILITIES:

Kforce has a client that is seeking an AML/BSA Specialist in Minneapolis, MN. Key Tasks:
  • AML/BSA Specialist will be responsible for fulfilling the Anti-Money-Laundering/Bank Secrecy Act requirements through identification and investigation of suspicious activity
  • Analyze customer account transactions to detect suspicious activity and make decisions on appropriate action to take
  • Work cooperatively with business line to establish procedures for identifying suspicious customer transactions, specific to money laundering, including the proper method for reporting such activity to the anti-money-laundering group
  • Provide guidance, support, and recommendations to business lines regarding customer AML risk ratings and account activity
  • Based on the outcome of the investigation, the AML/BSA Specialist will analyze, and determine whether or not a Suspicious Activity Report (SARs) must be filed with the Federal Government for any identified suspicious activity
  • Work cooperatively with internal departments, financial institutions, and local, state, or federal authorities to obtain and analyze necessary info
  • Responsible for the reviewing of currency transactions and suspicious activity in accordance to the Bank Secrecy Act
  • Under general supervision and guidance, responsibilities are varied and moderate to complex
  • Follows defined procedures, policies, and precedents
  • Refers unusual situations that require exceptions to Manager or Supervisor
  • Supervisor schedules work however incumbent prioritizes assigned tasks
  • May serve as a resource for less experienced staff and assist in their training

REQUIREMENTS:

  • Requires a High School diploma or equivalent
  • Bachelor's degree or 2-3 years of related experience; Ideally those with degrees in Business, Finance, Economics, Banking, Journalism, Criminal Justice, JD, or Law Enforcement and some job-related experience in those fields or banking
  • Basic understanding of Bank Secrecy Act (BSA)/AML laws and regulations
  • Knowledge of bank's operational policies, procedures, products, and services
  • Strong ability to identify and interpret data and resolve exceptions
  • Good interpersonal, verbal, and written communication skills
  • Good knowledge of PC based software, (i.e., Word, Excel, etc.) and applicable business line systems
  • Strong analytical skills and one to three or more years of related work experience
  • The ability to work independently and confidently with WFH is also important
  • Excellent communication skills - both verbal and written
  • Displays positive attitude and high aptitude for learning and growth
  • Extracurricular activities during college
  • Research
  • The ability to analyze and write based upon the analysis conducted is critical
  • Time management
  • Knowledge of Anti Money Laundering, Bank Secrecy Act, US Patriot Act is a plus
Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.

Company:Kforce Finance and AccountingLocation:Minneapolis - Minnesota - United StatesJob Types:ContractPost Date:October 29, 2021Valid Through:November 28, 2021

Related Jobs

Popular Jobs