Cannabis jobs at BCB COMMUNITY BANK
We know of 3 jobs at BCB COMMUNITY BANK as of May 2024, including roles such as CTR Analyst, BSA Analyst, and CRB Analyst.
More than 30+ days
SUMMARY:
The BSA Analyst I position entails researching transactional data and providing supporting documentation for Enhanced Due Diligence Reviews (EDDs) and Suspicious Activity Reports (SARs) and for reviewing other various reports for suspicious activity. Applicant must be able to perform additional duties as assigned related to the review and analysis of CTR Exempt Business Customers. Applicant must have advanced writing skills in order to communicate investigation findings in well written summaries, be able to review suspicious activity alerts and cases created by the Automated BSA/AML monitoring system and recommend clearing the alert or composing a Suspicious Activity Investigation Report.
MAJOR DUTIES AND RESPONSIBILITIES:
1. Review scheduled Worklist Assignments as developed by the BSA Officer or Assistant BSA Officer. Complete Suspicious Activity Investigation Reports on cases generated from the Worklist in Yellow Hammer BSA as assigned.
2. Assist in the preparation, completion, and transmission of Currency Transaction Reports and Suspicious Activity Reports.
3. Perform and document Enhanced Due Diligence reviews and other High-Risk customers as assigned. This may include the review and approval of documentation associated with higher risk customers such as Money Service Businesses, ATMs, Cash-Intensive businesses and others.
4. Performs daily review, monitoring and analysis of various reports, logs and transaction data to identify trends, unusual activity and monitor large currency activity; determines if transactions are suspicious in nature, such as kiting, significant changes in balances, cash structuring in deposits, loans payments and certificate of deposit purchases, wire or ACH transfers, monetary instrument sales, new account openings, etc.
5. Perform in-depth analysis on business account services such as Cash Management, RDC, ACH Origination, and Wire Origination to recommend BSA approval or rejection.
6. Recommend increase/decrease of customer BSA Risk rating based on review of account activity as required.
7. Stay abreast of changing BSA/AML rules & regulations and become familiar with all aspects of the FFIEC BSA/AML Examination Manual Maintain knowledge of the rules and regulations, including but not limited to, the Bank Secrecy Act, USA PATRIOT Act, Financial Action Task Force (FATF) and Office of Foreign Asset Control (OFAC).
8. Regularly pursues training involving all aspects of the Bank Secrecy Act and/or Cannabis Related Businesses as needed, which includes remaining up to date on federal and state regulations along with current events and news articles. Complete annual BSA training courses on-line and/or attend seminar/webinars as assigned by the BSA Officer.
9. Complete and file Suspicious Activity Reports via the automated filing system. Provide maintenance, follow-up and timely response to the Bank’s OFAC system and FinCEN 314(a) and 314(b) lists and inquiries; appropriately responds to positive hits detected by the Bank’s AML or OFAC software system. Perform OFAC checks or clear potential hits as required.
REQUIRED SKILLS
· One to three years of BSA-related experience or equivalent retail banking experience preferred.
· Bachelor’s degree or some college preferred
· Knowledge of state and federal banking compliance regulations, Bank operational policies, procedures, products and services.
Must be a detail-oriented person as well as someone who can maintain confidentiality at all times.
BCB Community Bank is an Equal Opportunity Employer of
Minorities/Women/Individuals with Disabilities/Protected Veterans.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- Day shift
- Monday to Friday
Work Location: One location
Apply for this job with BCB COMMUNITY BANK
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SUMMARY:
The BSA Analyst I position entails researching transactional data and providing supporting documentation for Enhanced Due Diligence Reviews (EDDs) and Suspicious Activity Reports (SARs) and for reviewing other various reports for suspicious activity. Applicant must be able to perform additional duties as assigned related to the review and analysis of CTR Exempt Business Customers. Applicant must have advanced writing skills in order to communicate investigation findings in well written summaries, be able to review suspicious activity alerts and cases created by the Automated BSA/AML monitoring system and recommend clearing the alert or composing a Suspicious Activity Investigation Report.
MAJOR DUTIES AND RESPONSIBILITIES:
1. Review scheduled Worklist Assignments as developed by the BSA Officer or Assistant BSA Officer. Complete Suspicious Activity Investigation Reports on cases generated from the Worklist in Yellow Hammer BSA as assigned.
2. Assist in the preparation, completion, and transmission of Currency Transaction Reports and Suspicious Activity Reports.
3. Perform and document Enhanced Due Diligence reviews and other High-Risk customers as assigned. This may include the review and approval of documentation associated with higher risk customers such as Money Service Businesses, ATMs, Cash-Intensive businesses and others.
4. Performs daily review, monitoring and analysis of various reports, logs and transaction data to identify trends, unusual activity and monitor large currency activity; determines if transactions are suspicious in nature, such as kiting, significant changes in balances, cash structuring in deposits, loans payments and certificate of deposit purchases, wire or ACH transfers, monetary instrument sales, new account openings, etc.
5. Perform in-depth analysis on business account services such as Cash Management, RDC, ACH Origination, and Wire Origination to recommend BSA approval or rejection.
6. Recommend increase/decrease of customer BSA Risk rating based on review of account activity as required.
7. Stay abreast of changing BSA/AML rules & regulations and become familiar with all aspects of the FFIEC BSA/AML Examination Manual Maintain knowledge of the rules and regulations, including but not limited to, the Bank Secrecy Act, USA PATRIOT Act, Financial Action Task Force (FATF) and Office of Foreign Asset Control (OFAC).
8. Regularly pursues training involving all aspects of the Bank Secrecy Act and/or Cannabis Related Businesses as needed, which includes remaining up to date on federal and state regulations along with current events and news articles. Complete annual BSA training courses on-line and/or attend seminar/webinars as assigned by the BSA Officer.
9. Complete and file Suspicious Activity Reports via the automated filing system. Provide maintenance, follow-up and timely response to the Bank’s OFAC system and FinCEN 314(a) and 314(b) lists and inquiries; appropriately responds to positive hits detected by the Bank’s AML or OFAC software system. Perform OFAC checks or clear potential hits as required.
REQUIRED SKILLS
· One to three years of BSA-related experience or equivalent retail banking experience preferred.
· Bachelor’s degree or some college preferred
· Knowledge of state and federal banking compliance regulations, Bank operational policies, procedures, products and services.
Must be a detail-oriented person as well as someone who can maintain confidentiality at all times.
BCB Community Bank is an Equal Opportunity Employer of
Minorities/Women/Individuals with Disabilities/Protected Veterans.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
Application Question(s):
- Are location in the Tri-State area?
Work Location: One location
Apply for this job with BCB COMMUNITY BANK
Apply now →
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.
SUMMARY:
The CRB Analyst I position entails researching transactional data and providing supporting documentation for Enhanced Due Diligence Reviews (EDDs) and Suspicious Activity Reports (SARs) pertaining primarily to Marijuana and Hemp/CBD related businesses, and for reviewing other various reports for suspicious activity. Applicant must be able to perform additional duties as assigned, such as analysis of other high-risk customer types. Applicant must have advanced writing skills in order to communicate investigation findings in well written summaries. Applicant must be able to review suspicious activity alerts created by the Automated BSA/AML monitoring system and recommend clearing the alert or composing a Suspicious Activity Investigation Report. Must be a detail-oriented person as well as someone who can maintain confidentiality at all times. Applicant must remain abreast of current events, regulations, and legislature pertaining to all cannabis related business types. In this position you will communicate directly with bank personnel regarding general compliance regulations as well as account activity. Assures compliance with all Bank policies and procedures, as well as, all applicable state and federal banking regulations.
MAJOR DUTIES AND RESPONSIBILITIES:
1) Review scheduled Worklist Assignments as developed by the BSA Officer or CRB Manager. Complete Suspicious Activity Investigation Reports on alerts generated from the Worklist in Yellow Hammer BSA as assigned.
2) Assist in the preparation, completion, and transmission of Suspicious Activity Reports primarily focused on cannabis related business types.
3) Perform and document Enhanced Due Diligence reviews of cannabis related businesses and other High-Risk customers as assigned. This may include the review and approval of documentation associated with higher risk customers such as Money Service Businesses, ATMs, Cash-Intensive businesses, Crypto-Currency and others.
4) Performs daily review, monitoring and analysis of various reports, logs and transaction data to identify trends, unusual activity and monitor large currency activity; determines if transactions are suspicious in nature, such as kiting, significant changes in balances, cash structuring in deposits, loans payments and certificate of deposit purchases, wire or ACH transfers, monetary instrument sales, new account openings, etc.
5) Recommend increase/decrease of customer BSA Risk rating based on review of account activity as required.
6) Participate in CRB/BSA Training courses on-line and/or in classroom format.
7) Maintains knowledge of the rules and regulations, including but not limited to, Cannabis Related Businesses, the Bank Secrecy Act, USA PATRIOT Act, and OFAC.
8) Regularly pursues training involving the banking of cannabis related businesses, which includes remaining abreast of federal and state regulations along with current events and news articles.
9) Identify and mitigate potential risk issues against the Bank; assists in providing CRB, BSA, AML, OFAC and CIP compliance support; interacts with Bank personnel pertaining to such issues.
10) Assist the BSA Officer and CRB Manager with special projects, such as documentation preparation pertaining to internal and external audits, as well as regulatory exams, as needed.
11) Processes, solves, and answers CRB and/or BSA-related problems or inquiries.
12) Assumes responsibility for various department functions in the absence of staff members or in overload situations.
REQUIRED SKILLS:
· Minimum one year of CRB/BSA-related training or equivalent Retail Banking Experience preferred.
· Bachelor’s degree or some college preferred. Writing experience preferred.
· Knowledge of related state and federal banking compliance regulations, Bank operational policies and procedures, and the Bank’s products and services.
Must be a detail-oriented person as well as someone who can maintain confidentiality at all times.
BCB Community Bank is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Physical Setting:
- Office
Schedule:
- 8 hour shift
Application Question(s):
- Are you located in the Tri-State area?
Education:
- High school or equivalent (Preferred)
Experience:
- Microsoft Excel: 1 year (Preferred)
Work Location: One location
Apply for this job with BCB COMMUNITY BANK
Apply now →
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.