Assistant Bsa Officer Jobs in Iowa (NOW HIRING)

Position Title:

Financial & Compliance Specialist

Department:

Risk

Supervisor:

Risk Officer

Position Status:

Non-Exempt

Position Purpose

Support the Risk Officer to continually assess and identify potential risks to the bank in the areas of finance; regulatory compliance and oversight; and information technology and cyber-security created by dynamic environments. Support bank operations by accurately and efficiently processing, completing and reconciling operational accounting. Assist the Risk Officer through collaboration with management, in coordinating with third parties, auditors and regulators as they assess the bank in its efforts and programs designed to control identified risks. Support efforts to maintain and achieve accuracy, efficiency, organization and structure within the risk management department. Assist in the administration of the bank’s Bank Secrecy Act (BSA) in order to maintain a high level of compliance and risk mitigation.  

Position Accountabilities

1. Demonstrate Outstanding Customer Service

• Effectively help customers achieve their financial goals by providing customer service that models the values of integrity, flexibility, helpfulness, proficiency and commitment.
• Assist the Risk Officer in developing risk control efforts in such a way that they minimize the impact to the bank’s customers.
• Provide timely support to bank management and staff when they encounter unique situations requiring research and direction in complying with applicable regulation.  
• Maintain the security and confidentiality of customer information.

1. Demonstrate Effective Accounting and Administrative Support

• Perform data entry and reporting responsibilities related to general ledger efficiently, and in compliance with bank procedures and regulatory requirements, maintaining a high level of accuracy.
• Provide support for the recording of various financial transactions for analysis by the bank leadership for financial decision making.
• Provide support for the accurate and efficient processing of accounts payable; processing incoming invoices, verifying approvals, and issuing payments via ACH, check, or wire.
• Reconcile accounts and verify accuracy of reports; reconciling credit card statements and employee expense reimbursement requests to ensure compliance with bank policy.  
• Maintain a well-developed working knowledge of the core and ancillary banking systems.

1. Assist the Risk/Compliance Officer in Establishing and Maintaining a Functional Compliance Culture

• Achieve and maintain a base of knowledge on regulations and law that the bank is required to comply with on an ongoing basis.
• Assist in implementing and maintaining a comprehensive compliance management program that facilitates ongoing regulatory compliance and effectively monitors ongoing compliance efforts.   

1. Assist the Risk Officer in the Coordination, Implementation and Monitoring of Controls that Limit Bank Financial Exposures:

• Assist in gathering and evaluating information designed to limit financial exposures created by interest rate risk, liquidity risk and dependency risk
• Assist in gathering and evaluating information that may impact the capital position and earnings of the bank in varying environments
• Assist in gathering and evaluating information to assess the potential impact of credit risk on the bank.       
• Perform data entry responsibilities related to core and ancillary banking systems efficiently, accurately, and in compliance with bank procedures and regulatory requirements.
• Reconcile accounts and verify accuracy of reports.  

1. Assist the Risk Officer in Coordinating the Bank’s Response and Preparation for Regulatory Examinations and Third-Party Audits  

• Assist the Risk Officer in achieving a culture of constant audit and examination readiness.
• Assist in the review of documentation and information requests for pending regulatory examinations and audits.
• Assist in gathering required documentation and coordinating efforts to submit the same.

1. Assist the Bank Secrecy Act (BSA) Officer

• Assist the BSA Officer to develop, implement, and administer the BSA monitoring systems to ensure that appropriate parameters are in place to identify suspicious and/or fraudulent activity. 
• Assist in maintaining effective SAR investigation, review and reporting processes that promote consistent decisions; adequate investigation and research; and complete and detailed documentation. 
• Responsible for ensuring all required regulatory reporting is conducted in a timely, accurate, and compliant manner, including the filing of Currency Transaction Reports (CTR’s) and Suspicious Activity Reports (SAR’s).  
• Assist the BSA Officer with the administration of related training programs to Directors, Management, and Employees. 

1. Demonstrate Commitment to Life-Long Learning and Professional Development

• Proactively seek to better meet changing customer needs, bank growth objectives and department profitability benchmarks within an evolving regulatory framework by remaining current on the application of existing and newly emerging products, financial services and technologies. 
• Effectively use existing and newly emerging bank products, financial services and technologies.
• Stay current with banking regulations and products and services that are constantly changing.

1. Actively Contribute to Leighton State Bank Continuous Improvement. 

• Contribute to a positive team environment by cooperatively working with other department team members and bank personnel.
• Assist in identification and implementation solutions that will enhance the accuracy and efficiency of banking operations.
• Execute strategic initiatives as directed by management.

1. Perform other projects and duties assigned by Senior Management.

Position Qualifications

Education and Experience

• Possess a high school diploma or equivalent. Candidates with a degree in a related field of study will be given preference.
• Banking experience preferred. Understanding of GAAP (Generally Accepted Accounting Principles)

Knowledge, Skills and Abilities

• Detail Oriented. Demonstrated record of accurately attending to detail when completing financial transactions, resolving problems and completing basic math calculations.
• Customer Service. Demonstrated use of principles and processes for providing outstanding customer service. This includes customer needs assessment, meeting quality standards for services and evaluation of customer satisfaction. 
• Judgment and Decision Making. Demonstrated ability to systematically consider relative costs and benefits of potential actions; critically analyze related variables; and logically apply reasoning when selecting goals and making plans.
• Communication. Demonstrated use of communication to understand and correctly interpret information and ideas presented through non-verbal, verbal and written modes as well as to convey information and ideas professionally to diverse individuals and groups through presentation of words, actions, and documentation.  
• Technology. Demonstrated use of computers, Microsoft Office Suite software, especially Excel 
• Economics and Accounting. Demonstrated use of economic and accounting principles/practices, financial market/banking analysis and succinct/accurate reporting of financial data. 
• Legal. Demonstrated use and understanding of federal and state laws, as well as rules and regulations, for financial institutions.