BSA Team Lead

At American Bank, we’re focused on building personal connections with our clients, delighting them with our service, and providing a full range of forward-thinking products and solutions built around their specific goals.

We’re growing and we need talented, smart, and dedicated professionals to help us continue expanding. If you’re interested in forming lasting client relationships and working with the best bankers in the Lone Star State, let’s talk.

The BSA Team Lead (the “Lead”) will assist with executing the AML, BSA, CDD, and OFAC regulatory requirements. The Lead will be responsible for preventing, detecting, and reporting suspected money laundering and terrorist financing activities involving currency. The Lead will also be responsible for cross training on all functions within the BSA Team and assisting the Assistant BSAO with supervising the BSA Team. The BSA Team Lead will work closely with the BSA Leadership Team.

Essential Duties & Responsibilities

• Preventing, detecting, and reporting suspected money laundering and terrorist financing activities while reviewing prospective and current clients.
• Complete a risk review of the client in order to determine the risk the client poses to the Bank and be able to escalate and articulate concerns.
• Ability to collaborate across departmental lines using techniques that inspire, encourage, and teach non-BSA Compliance personnel.
• Conduct regulatory and sanction screenings and review domestic clients and support complex periodic reviews.
• Will act as a subject matter expert as it pertains to client due diligence, beneficial ownership, and Office of Foreign Assets Control sanction reviews.
• Ability to analyze complex organizational structures and conduct due diligence in a clear, concise and thorough manner.
• Demonstrates a desire and drive to acquire knowledge and the skills necessary to perform the job more effectively.
• Investigate Alerts or CTRs for customers and escalate to a case, and a SAR if warranted.
• Produces results or provides service that meets or exceeds department and Bank standards. Uses available technology, data resources, and leverage experience to provide quality support.
• Basic knowledge in BSA, AML, OFAC/Sanctions, and/or other AML regulatory policies. Strong writing, analytical and communication skills and be able to multi-task and complete tasks on time.
• Assist BSA Officer or designee with generating and filing reports, as needed.
• Second review the CDD Analyst CTR’s and support the Analyst as a Backup for filing CTRs.
• Ability to provide support to other CDD Analysts when questions arise.
• Conduct training for new hires and provide ongoing feedback on their progress.
• Filing of Suspicious Activity reports as needed.
• Performs other related duties to meet the ongoing needs of the organization.
  
  

Non-Essential Duties & Responsibilities

• Participates in required compliance training.
• Must have an overall knowledge of banking.
• Knowledge of federal and applicable state BSA regulatory requirements is preferred.
• Experience in reading and interpreting state and federal financial regulatory manuals.
  
  

Qualifications

• Identify and resolve complex issues independently, utilizing critical thinking and innovative problem-solving skills.
• Demonstrate an ability to inspire and influence team members, fostering a collaborative and motivating team environment.
• Actively participate in and contribute to team meetings, fostering collaboration and adding meaningful insights to achieve team objectives.
• Possess a strong sense of independence and responsibility, ensuring that all tasks are completed thoroughly and efficiently without leaving any work unfinished for others.
• Prioritize tasks effectively and meet deadlines consistently in a fast-paced environment, prioritizing Alerts, Cases, and SARs.
• Consistently deliver exceptional performance, setting high standards and guiding the team to achieve outstanding results.
• Five years’ experience working in BSA, AML and/or OFAC is preferred.
• Five years prior banking experience required.
• Independent worker, critical thinker and the ability to prioritize workload and use sound judgment.
• Excellent verbal and written communication skills.
• Must be able to exercise independent judgment, initiative and tact in dealing with employees and management.
• Position requires attention to detail and the ability to work well under the pressure, problem solve, and meet strict deadlines.
• Must present a professional appearance and demeanor.
• Must have the ability to apply principles or logical thinking to a wide range of intellectual and practical problems.
• Strong working knowledge of analytical tools such as MS Excel.
• Comfort with a fast-paced and dynamic environment
• Specialty courses in regulatory compliance preferred.
  
  

Experience

• High School Diploma and 5 years of banking experience in a financial institution.
• Five (5) years of AML, BSA, CDD, or OFAC experience is preferred.
  
  

Education

• Bachelor's degree or five (5) additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
• CRCM, CAMS, or CFE preferred.