Cannabis Bsa Specialist Jobs

Position Summary

Under the direction of the Bank's CRB Officer, responsible for assisting the CRB (Cannabis Related Banking) department with adhering to the Bank's compliance with BSA and AML policies and federal regulations. This includes working with all departments (lending, deposits and CRB) within the organization to ensure proper compliance. Serves as a BSA and CRB specialist by assisting the CRB department with customer questions, compliance monitoring, document collection and validation, and overseeing the proper completion of new account and electronic services documentation for CRB customers.

Essential Functions

• Maintain awareness of laws, rules, regulations and issues relating to BSA/AML/OFAC as well as Michigan's cannabis industry and make recommendations for improvements to the CRB Officer as needed.
• Assists the CRB team with implementing BSA/AML/OFAC program improvements, including implementing responses to internal audit and regulatory recommendations.
• Sets up new CRB customers within the Shield Compliance Assure software system.
• Conducts CRB monitoring for suspicious activity, conduct investigations, and document findings. These are completed as cases are worked within the Shield Compliance Assure software system.
• Follows up with CRB customers to obtain due diligence items including insurance, financials, licenses and verification of transactions.
• Completes daily data uploads into the Shield Compliance Assure software system.
• Reviews daily, weekly, monthly, and quarterly reports and transaction data pursuant to maintaining compliance with BSA.
• Creates and maintains CRB customer profiles.
• Reviews worklist items within the Bank's YellowHammer BSA system to identify suspicious activity.
• Assists with gathering requested information and documentation for Internal Audit and Exam requests for BSA/AML/OFAC programs.
• Assists the CRB Officer in the overall workflow and processes of CRB activities.
• Acts as a Customer Service Representative for the CRB department which includes preparing account documentation within the Onboard Deposits platform.
• Promotes favorable image of the financial institution in all business activities within the community. Represents the financial institution to the community through good customer relations.
• Successfully interact with operation staff to improve accuracies and efficiencies. Our people make the difference, and we put relationships first.
• Maintains the highest level of confidentiality with all information obtained.
• Meets expectations for attendance and punctuality.
• Works harmoniously and collaboratively with team members to accomplish Bank objectives.

Other Functions

• Familiar with and abides by all bank regulations including but not limited to BSA and OFAC.
• Adhere and comply with all Bank Policies.
• Other duties as assigned by the CRB Officer or the COO.

Working Conditions of the Job

• Stationed at desk 90% of working time.
• No particular hazards.
• No unusual or physical exertion required.

Job Qualifications

• Ability to work independently.
• Excellent written, verbal, math and analytical skills.
• Ability to maintain confidential information.
• Ability to work independently in a fast-paced environment with tight deadlines.
• Strong customer relations skills which includes proper phone etiquette.
• Strong communication skills, and the ability to handle delicate situations with diplomacy and tact.
• Ability to work under pressure and adaptable to changing conditions, including adjusting priorities on the fly.
• Professional appearance and manner are required.

Education & Work Experience

• Minimum of 2 years of banking experience required with previous experience in BSA.
• High School Diploma or equivalent required.
• Bachelor's Degree in business, finance, management or related field preferred; or equivalent combination of education and experience preferred.

EEO Statement

Union Bank provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Further, the company takes affirmative action to ensure that applicants are treated fairly during employment without regard to any of these characteristics. Discrimination of any type will not be tolerated.
This job description does not list all of the duties of the job. Other duties and responsibilities may be assigned. This job description may be revised at any time. This job description is not a contract for employment and either the employee or the employer may terminate employment at any time, for any reason or no reason.

Apply for this job with Union Bank of Michigan

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Job details
Salary
From $17 an hour
Job Type
Part-time
Number of hires for this role
1
Qualifications

• 
  

  • High school or equivalent (Preferred)

  
  

Full Job Description

Title: BSA Support Specialist

REports to: compliance manager

Job Description

The position of BSA Support Specialist is focused on performing Due Diligence reviews on Cannabis related entities, internal monitoring of Cannabis related activity for adherence to all Bank Secrecy Act/Anti-Money Laundering requirements, State/Local rules and regulatory requirements, and with Credit Union policies and procedures. This position will provide written documentation/reports, related to the Credit Union’s Cannabis accounts to the Compliance Manager.

RESPONSIBILITIES

• Perform all responsibilities in accordance with MAC FCU Competencies and Information Protection requirements.
• Ensure proper new account documentation is obtained prior to opening account.
• Perform on-site cannabis business monitoring as necessary.
• Conduct CIP review and validation prior to opening accounts.
• Collect and review corporate records, ownership information, ongoing financial statements and business licenses as needed.
• Conduct due diligence prior to opening account to ensure all regulatory components have been met.
• Review and monitor state licensing requirements for various account types.
• Monitor and review day to day transactions related to cannabis business accounts.
• Ensure accuracy, timeliness and complete documentation of internal monitoring review(s).
• Provide monitoring reports to Compliance Manager as necessary.
• Monitor cash transactions and complete the filing of Currency Transaction Reports as required.
• Conduct high risk account reviews, which may include trending various transaction types.
• Responsible for assisting the Compliance Manager in all areas related to Bank Secrecy Act including but not limited to: CTR and SAR filings, high risk account reviews, MSB reviews, CTR exemptions, CIP, OFAC, onsite visits, Beneficial Ownership, etc.
• Notify Compliance Manager of activity requiring the filing of Suspicious Activity reports.
• Gathers and fulfills requests from auditors and examiners in preparation of audits and examinations.
• Operates computer terminal office machinery to process account activity including deposits and withdrawals, determine balances, and resolve problems within given authority, image documents, etc.
• Provides an effective and professional member experience and assists in resolving problems within given authority.
• Perform duties related to other compliance department related activities/duties as assigned.
• Non-Exempt - Ability to work your schedule up to 32 hours with little or no overtime and complete tasks assigned.

QUALIFICATIONS

• Must complete requirements to obtain/recertify CUNA Bank Secrecy Act Compliance Specialist designation. Seeks out continuing education opportunities beneficial to and appropriate to the position.
• Effective oral, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, interpret documents, understand procedures, write reports and correspondence, speak clearly to customers and employees.
• Ability to work independently, and as a team member, while using discretion in decision making and sound judgment in problem solving.
• Good conceptual and problem-solving skills.
• Ability to analyze and identify credit union and member needs.
• Must be organized, self-motivated and a team player.
• Punctuality and good attendance are imperative.
• Ability to exercise confidentiality and discretionary judgment.
• Ability to present a professional image to members, management, staff, and other contacts.
• Proficient PC skills, with the ability to learn new software.
• Current driver's license and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties and responsibilities.

EDUCATION / EXPERIENCE

High school diploma or equivalent

Two or more years prior financial institution experience

EEO Statement:

MAC FCU is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status, disability, sexual orientation, gender identity, or any other protected status.

Job Type: Part-time

Pay: From $17.00 per hour

Benefits:

• 401(k)
• 401(k) matching
• Employee assistance program
• Paid time off

Physical Setting:

• Office

Education:

• High school or equivalent (Preferred)

Experience:

• Banking Compliance: 2 years (Required)

Work Location:

• One location

Company's website:

• https://www.macfcu.org/contact/employment/

Company's Facebook page:

• https://www.facebook.com/macfcu/

Benefit Conditions:

• Waiting period may apply

Work Remotely:

• No

COVID-19 Precaution(s):

• Personal protective equipment provided or required
• Plastic shield at work stations
• Temperature screenings
• Social distancing guidelines in place
• Virtual meetings
• Sanitizing, disinfecting, or cleaning procedures in place

Apply for this job with MAC Federal Credit Union

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By clicking the "Apply now" button, you'll be leaving Fazow and going to an external job application page for this company. Please research all companies before applying. When applying for jobs, you should NOT have to pay to apply. Fazow accepts no liability or responsibility as a consequence of any reliance upon information on external sites or in jobs listed on fazow.com.

North Bay Credit Union (NBCU) is seeking an experienced BSA Compliance Support Specialist to join its Compliance Team. This position will support the BSA/AML Compliance Specialist and have responsibility for ensuring accurate and timely SARs and CTRs are filed using our third-party software solution. Previous experience with investigations is preferred. The ideal candidate must have demonstrated BSA/AML experience and be looking to expand his/her experience by learning about banking the cannabis industry. The chosen candidate will possess excellent communication skills, both verbal and written, be a self-starter, able to anticipate what needs to be done and take action. Must have previous banking experience and be comfortable working on computers using various software programs; be someone who has a proven track record of providing excellent customer service while successfully juggling priorities. You must have good analytical, organizational and problem-solving skills and be comfortable working in a fast-paced, rapidly changing environment. Being part of a team and working collaboratively is your preferred work style.

Specific Responsibilities and Tasks

• Use specialized software to identify and determine customer accounts requiring review for potential suspicious activity.
• Research, investigate, and analyze customer account activity and related behavior for potential Anti-Money Laundering (AML) transactions identified by suspicious activity research.
• Analyze suspicious activity cases to ensure that potentially suspicious transactions are correctly reported within allotted timeframes.
• Compile, record, and maintain appropriate data documents and files to promote efficient, consistent, and accurate management and regulatory reports.
• Document case investigations and fulfill reporting obligations of internal and external entities described by BSA policies and regulations.
• Follow and recommend necessary actions to ensure compliance with Bank Security Act/Anti-Money Laundering (BSA/AML) policies, operations and processes.
• Review account transactions for adherence to applicable procedures and regulations
• Ensure account documents are up-to-date and complete
• Assist in the on-boarding of new accounts
• Respond to email or other electronic requests submitted by members, providing professional, prompt, efficient and accurate service and information

Role Requirements

• BSA/AML Experience – including filing SARs and CTRs
• Good analytical and research skills
• Track record of outstanding customer service (internal and external)
• Must be resourceful, flexible, organized, detail-oriented, and team-oriented
• Demonstrated problem-solving skills
• Able to effectively communicate verbally and in writing
• Excellence in attention to detail and ability to prioritize deliverables and deliver projects on-time
• A curious, inquisitive mind interested in learning about the cannabis business
• Sound judgement and good decision-making skills
• Willing to roll up your sleeves
• Driven with strong work ethic and motivated by efficiency and constant improvement

Essential Qualifications

• 2+ years in BSA/AML; Compliance
• A team player possessing strong interpersonal skills with an ability to develop relationships
• Ability to learn new software systems
• Self-starter with excellent problem solving and analytical skills and the commitment to follow-through
• High proficiency in Microsoft Office products (Excel, Word, PowerPoint, etc.)

Job Type: Full-time

Salary: $21.00 to $25.00 /hour

Experience:

• BSA/AML: 2 years (Required)

Work Location:

• One location

Benefits:

• Health insurance
• Dental insurance
• Vision insurance
• Retirement plan
• Paid time off

This Company Describes Its Culture as:

• Detail-oriented -- quality and precision-focused
• Outcome-oriented -- results-focused with strong performance culture
• Team-oriented -- cooperative and collaborative

Schedule:

• Monday to Friday

Apply for this job with North Bay Credit Union

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By clicking the "Apply now" button, you'll be leaving Fazow and going to an external job application page for this company. Please research all companies before applying. When applying for jobs, you should NOT have to pay to apply. Fazow accepts no liability or responsibility as a consequence of any reliance upon information on external sites or in jobs listed on fazow.com.