Careers

Gateway Bank is seeking a full-time, driven and detail oriented BSA AML/CFT Specialist responsible for supporting and working with the Bank’s existing BSA AML/CFT Officer. Specifically, performing transaction monitoring, working alert and case investigations, preparing required filings (CTRs, SARs, MIL), supporting the Bank’s CDD and CIP Programs, reviewing potential OFAC screening matches, as well as performing 314(a) searches and assisting with 314(b) requests. This role will also help assist ensuring compliance with the Bank’s policies and procedures related to ID Theft Prevention.  Furthermore, the individual will initiate and maintain professional and courteous contact with customers, both internal and external when applicable.

Essential Functions/ Key Responsibilities:

• Identify red flags of potentially suspicious activity from ad-hoc and core generated reports.
• Conduct SAR and Fraud investigations using internal systems and open-source research to determine if the identified, and employee-referred, activity requires a SAR filing.
• Assist in preparing and filing Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) in compliance with regulatory deadlines.
• Review OFAC and other watchlist alerts; escalate and report findings accordingly.
• Review, respond, document and track 314(a) and 314(b) information sharing requests.
• Assist, as needed, in delivering BSA/AML/OFAC training to bank employees.
• Assist with performing onboarding reviews and following up with branch staff and/or management on exceptions, to ensure adherence with the Bank’s policies and procedures related to CIP, CDD, Beneficial Ownership and OFAC.
• Assist with performing periodic CDD/EDD and BSA risk rating reviews, documenting and updating records as necessary.
• Assist with and participate in audits, exams, and internal compliance reviews, providing documentation and responses as needed.
• Identify and escalate, as appropriate, non-compliance with the Bank’s BSA AML/CFT and OFAC policies and procedures.
• Attend on-going training to gain and maintain knowledge of regulatory compliance issues and changes to laws and regulations in applicable areas..
• Complete assigned online training courses in a timely manner.
• Serve as a back-up liaison with law enforcement, regulators, and auditors when appropriate.
• Serve/Train to serve as the Backup BSA AML/CFT and OFAC Officer for the Bank.
• Other duties as assigned.

Position Experience/Qualifications:

• Three to five years of banking experience, with knowledge of bank operations desired.
• Previous experience with BSA-AML/CFT and OFAC regulations required.
• Certified Anti-Money Laundering Specialist (CAMS,) or Certified BSA/AML Professional (CBAP), or
• Certified AML and Fraud Professional (CAFP) certification; or ability and willingness to obtain within 36 months.