Security Officer/BSA/AML/OFAC Officer

Employer
West Bank
Location
West Des Moines, Iowa
Salary
Commensurate with experience
Posted
Mar 09, 2023
Closes
Apr 08, 2023
Type
Full Time
Level
Experienced
Education Level
4 Year Degree

Audit:  Review employee accounts. Oversee cash audit every 6 months; oversee travelers’ checks cashier’s checks audit every month. Analyze client accounts and transactions to detect potential fraud risk and identify fraud trends and patterns. Identify, assess, evaluate and recommend mitigation techniques and monitors risks from a strategic, financial, operational and external perspective.

 Fraud Solutions: Provide ongoing analytics and program recommendations to increase security and mitigate risk. Complete research and investigations into current industry standards, fraud trends and limiting client losses. Handle debit card, check ACH, and internal or external fraud and determine required changes to the monitoring systems or policy revisions to minimize resulting future loss.      Primary contact for law enforcement, potential suspicious activity, or other related issues. 

Security: Oversee and administer compliance with the requirements of the BSA and Anti-Money Laundering Efforts; monitor compliance with the Office of Foreign Assets Control (OFAC) regulations for the financial industry in its efforts to administer and enforce economic and trade sanction against targeted foreign countries, their agents, terrorism sponsoring agencies and organizations, and international narcotics and weapons traffickers. Oversee CIP policies and procedures.

Policy and ProcedureDevelop policies and procedures that will assist West Bank in increasing security and minimizing risk. Provide guidance to bank employees regarding procedures, audits, system usage, internal controls and risk mitigation.

 Training, Management & Coaching:  Design, develop and deliver security related training for internal staff and external customers. Responsible for daily management of the security department and security staff, providing training and direction, assigning tasks, and evaluating performance.

 Build Strong Communities: Actively participate and represent the Bank in various industry, educational and community organizations, including the Security Peer Group with the Urbandale Police Department and the Chief’s Advisory Committee with the West Des Moines Police Department.  Participate in community events, including staffing at least one event (art festivals, community celebrations, etc.), representing West Bank as requested by attending at least one luncheon, dinner, or reception, and participating in at least one community festival (parades, bank-sponsored outreach events, etc.) per year.

 

 

 

 



BS Business Administration, Finance, Management or related field preferred.  3+ years of banking experience including operations and management.  Knowledge of branch operations, client relationships and risk management.  Working knowledge of bank processes and systems. Excellent written and verbal communication skills.

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