BSA/Red Flags Officer

Bainbridge, Georgia
$60,000 - $80,000
Feb 20, 2024
Mar 22, 2024
Full Time

The BSA Officer/Red Flags Officer will administer the Bank's program of compliance with the Bank Secrecy Act, regulations issued by the Office of Foreign Assets Control(OFAC), and all other related anti-money laundering (AML) and Counter-Terrorist Financing (CFT) laws and regulations and Identity Theft Red Flag program requirements.  This officer will also coordinate and develop programs to implement into the compliance program while also training staff, management, and the Board of Directors on compliance issues on an annual basis.  Prepare, review, and revise policies and procedures to ensure compliance with the BSA and other related acts. This person will report to the BSA/AML/OFAC/CFT program to the Audit Committee of the Board of Directors at least monthly.

Education required for this role: Bachelor's degree in a related field; complete at least 80 hours of BSA/AML/CFT/OFAC training.  Experience required for this role: Minimum five years managing a BSA/AML/CFT/OFAC program in a financial institution or similar business preferred. Experience in management can be substituted with experience auditing BSA/AML/CFT/OFAC compliance programs. Knowledge of banking processes, products and regulations.