• Job Description

  Req#: 494810
  Alma Bank, headquartered in Long Island City, New York and having 13 branches located throughout Queens, NYC, New Jersey, Brooklyn, Long Island and the Bronx, brings personal service back to personal banking. We have genuine banking professionals ready to serve our customers, and offer a full range of products and services. Alma delivers a private banking style experience to our business banking customers. Come join our winning team!

  
  

  We are currently looking to hire an Bank Secrecy Act Data Analytics Manager to work out of our Corporate Office, in Long Island City, NY.

  
  

  SUMMARY

  Assist the BSA & OFAC Officer with the overall management and administration of all day to day functions and responsibilities of the Bank’s BSA/AML/OFAC Program and related activities by performing the following duties.

  
  

  ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

  • Own all transaction monitoring and screening scenarios, threshold selection, threshold/model tuning, vendor products/tools and detection strategies for BSA Department.
  • Assist in the preparation of bank-wide risk assessment for BSA & Sanctions on an annual basis.
  • Lead coverage assessments and typology design, development, and implementation for new or expanded products, services or businesses.
  • Present findings and recommendations on model performance, enhancement, or augmentation requirements to the BSA and OFAC Officer.
  • Conduct and oversee Above the Line (ATL) and Below the Line (BTL) model testing/tuning and associated model control activities.
  • Partner with Model Validation consultants and Risk, as necessary, during analysis and testing of BSA Department models.
  • Responsible for all BSA Department business intelligence, data visualizations, executive reporting, operational reporting, and data-driven program insights.
  • Help the Bank identify higher risk customers and ensure those customers are risk rated appropriately in the Customer Risk Rating system.
  • Ensure the proper completion and electronic filing of currency transaction reports (CTRs).
  • Ensure the proper operation of the Bank’s automated anti-money laundering system (Abrigo). Keep the system operating efficiently, validate data and maintain and update the system as needed.
  • Maintain all records, reports, and supporting documentation for BSA compliance.
  • Assist in preparing for regulatory BSA examinations and internal audits.
  • Participate in briefing and updating management and staff on BSA/AML/Sanctions compliance issues.
  • Research BSA regulatory issues and respond to compliance questions from bank personnel utilizing legal and regulatory references materials, contacting professional associations and organizations as appropriate.
  • Assist in the preparation of monthly BSA reports to Senior Management and the Board of Directors.
  • Review results of the FinCEN 314a list searches bi-weekly.
  • Oversee OFAC alerts and customer screening.
  • Oversee the use of systems (such as ChexSystems, Lexis Nexis AML Insight) used for background checks, PEP status, negative information, ID verification.
  • Attend periodic training to maintain high level of BSA/AML/OFAC knowledge.
  • Experience building complex SQL statements and working knowledge of database platforms such as Oracle and Teradata.
    
    

  QUALIFICATIONS

  To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed herein are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  
  

  EDUCATION and/or EXPERIENCE

  Bachelor’s degree and at least ten years of banking experience performing or managing BSA-related tasks. Experience using automated anti-money laundering monitoring systems. Ability to work with various systems, rectify problems, and/or implement new systems relevant to BSA. Professional certification a plus.
  
  

  LANGUAGE SKILLS

  Ability to define problems and purpose solutions. Effective oral and written communications skills. Ability to effectively present information and respond to questions from managers, clients and customers. Computer literate: fluency in Microsoft Office programs.
  
  

  REASONING ABILITY

  Strong organizational and analytical skills. Ability to define problems, collect data, establish facts and draw valid conclusions. Ability to interpret an extensive variety of technical instructions. Ability to understand, analyze and articulate complex laws and regulations. Effectively train staff, supervise and coordinate multiple projects simultaneously, managing time and resources to ensure work is completed efficiently within established timeframes. Establishes and maintains effective work relationships both internally and externally.

  
  

  BENEFITS

  · Salary is commensurate with experience.

  · Alma Bank employees work in an open and collaborative environment.

  · Alma Bank Offers its eligible employees a generous matching 401(k), excellent healthcare coverage (medical/dental/vision), short and long term disability, life insurance and long term care options.

  Alma Bank is an Equal Opportunity Employer that welcomes and encourages all applicants to apply regardless of age, race, sex, religion, color, national origin, disability, veteran status, sexual orientation, gender identity and/or expression, marital or parental status, ancestry, citizenship status, pregnancy or other reason protected by law.

  
  

  No Agencies Please

• About the company

  Alma Bank is a community bank that offers personal and business banking services. The bank was founded in 2007 and is based in Astoria, New York.

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