Northfield Bank
Join to apply for the NB1572- BSA Associate role at Northfield Bank
We are a full-service community bank with branch locations in New York and New Jersey. Each day, Northfield Bank upholds our mission to be the financial institution of choice for individuals and businesses by delivering innovative products and exceptional customer service. Founded in 1887, the Bank has always been proud of being “locally grown,” and credits our strength to our dedication to our customers and the communities that we serve.
Job Title Bank Secrecy Associate (BSA)
Location BSA Department - Woodbridge, New Jersey
Job Status Full Time
Job Summary The BSA Analyst is responsible for collecting, analyzing and reporting on customer and account information in relation to all aspects of the Bank Secrecy Act, Sanctions laws and regulations, including USA Patriot Act. The incumbent must maintain a working knowledge of all policies, procedures and regulations to conduct in-depth analysis and investigations of suspicious activity.
Responsibilities
Review daily reports of customer transactions to identify potential fraudulent accounts or activities to be investigated
Prepare monthly reports to review assigned alerts from the Anti-Money Laundering (AML) system and then conduct timely and detailed investigations of suspected fraudulent accounts or activities using internal and external resources. Document investigations and draft Suspicious Activity Report (SAR), when necessary.
Exercise sound judgment when examining sensitive account activities and elevate issues and concerns to management, as appropriate
May interface with other departments and branches regarding customer activity and investigations
Conduct all background research, analysis, and due diligence that will be included in summary section of the SARs, and record all transaction detail through thorough documentation
Assist in the implementation of new methods, processes and procedures to make daily operations more efficient
Responsible for complying with all relevant bank policies and procedures including the Bank Secrecy Act, Anti-Money Laundering, and government compliance
May require occasional travel for business meetings or training
Requirements
High school diploma or equivalent required. Bachelor’s degree preferred.
Minimum of 2 years experience in BSA monitoring or related function preferred
Knowledge of BSA regulations preferred
Experience with Fiserv FCRM Anti-Money Laundering systems preferred
Ability to analyze and interpret data to determine the risk associated with moderate to high-risk transactions required
Knowledge of internal controls
Effective written and verbal communication skills
Must work timely and accurately very deadline oriented and organized
Proficiency in Microsoft Office, Word, Excel, and Outlook
Salary Pay Range: $33.65-38.46/hour (This range is for informational purposes only. Offer of employment will be made based on level of experience and skill qualifications within this range)
Equal opportunity employer - vets/disabled.
#J-18808-Ljbffr
We are a full-service community bank with branch locations in New York and New Jersey. Each day, Northfield Bank upholds our mission to be the financial institution of choice for individuals and businesses by delivering innovative products and exceptional customer service. Founded in 1887, the Bank has always been proud of being “locally grown,” and credits our strength to our dedication to our customers and the communities that we serve.
Job Title Bank Secrecy Associate (BSA)
Location BSA Department - Woodbridge, New Jersey
Job Status Full Time
Job Summary The BSA Analyst is responsible for collecting, analyzing and reporting on customer and account information in relation to all aspects of the Bank Secrecy Act, Sanctions laws and regulations, including USA Patriot Act. The incumbent must maintain a working knowledge of all policies, procedures and regulations to conduct in-depth analysis and investigations of suspicious activity.
Responsibilities
Review daily reports of customer transactions to identify potential fraudulent accounts or activities to be investigated
Prepare monthly reports to review assigned alerts from the Anti-Money Laundering (AML) system and then conduct timely and detailed investigations of suspected fraudulent accounts or activities using internal and external resources. Document investigations and draft Suspicious Activity Report (SAR), when necessary.
Exercise sound judgment when examining sensitive account activities and elevate issues and concerns to management, as appropriate
May interface with other departments and branches regarding customer activity and investigations
Conduct all background research, analysis, and due diligence that will be included in summary section of the SARs, and record all transaction detail through thorough documentation
Assist in the implementation of new methods, processes and procedures to make daily operations more efficient
Responsible for complying with all relevant bank policies and procedures including the Bank Secrecy Act, Anti-Money Laundering, and government compliance
May require occasional travel for business meetings or training
Requirements
High school diploma or equivalent required. Bachelor’s degree preferred.
Minimum of 2 years experience in BSA monitoring or related function preferred
Knowledge of BSA regulations preferred
Experience with Fiserv FCRM Anti-Money Laundering systems preferred
Ability to analyze and interpret data to determine the risk associated with moderate to high-risk transactions required
Knowledge of internal controls
Effective written and verbal communication skills
Must work timely and accurately very deadline oriented and organized
Proficiency in Microsoft Office, Word, Excel, and Outlook
Salary Pay Range: $33.65-38.46/hour (This range is for informational purposes only. Offer of employment will be made based on level of experience and skill qualifications within this range)
Equal opportunity employer - vets/disabled.
#J-18808-Ljbffr