BSA Officer

In 2007 four different but complementary professionals gathered to discuss a shared visionassemble talented thought leaders to establish a financial institution that could breathe new life into business banking and wealth management. They founded Parkside Financial Bank & Trust : an independent financial institution with an integrated way of conducting business designed specifically to serve the needs of discerning families and privately held businesses. Parkside offers a uniquely fresh perspective on banking commercial lending trust and family office services. Our interactive partnership between our clients and our team drives success builds legacies and transforms businesses. This is what makes ours An Uncommon Partnership .

With offices in St. Louis Missouri and Denver Colorado our dedicated team has grown our bank division to $1.1 billion in assets and our Trust & Family Office assets under management to approximately $3.6 billion. Voted a Top Workplace in St. Louis for five years running we are proud to build a growing team of Smart Likeable Entrepreneurial and Dependable employees.

Parkside is searching for a highly motivated and experienced BSA Officer responsible for all aspects of the Banks AML / BSA program including Bank Secrecy Act (BSA) USA Patriot Act anti-money laundering (AML) and OFAC. The BSA Officer will manage and administer all applicable laws regulatory guidance industry standards and best practices related to the Banks compliance efforts. A bachelors degree or equivalent plus specialized course work and training are required. Minimum of 5 years demonstrated BSA / AML compliance experience in the financial services industry.

RESPONSIBILITIES

• Works closely with Bank leadership and department managers to understand business activities risks products and transactions to best support the Banks BSA / AML / OFAC programs
• Participates in industry training / education to stay knowledgeable of BSA / AML / OFAC regulatory developments and guides the Bank in its risk mitigating controls
• Oversee the Banks Know-Your-Customer / Customer Identification Program (KYC / CIP) sanctions screening and related customer due diligence and enhanced due diligence processes including beneficial ownership
• Reports compliance developments to management and other bank personnel
• Manages the Banks client and account risk-rating processes
• Reviews / Approves SAR and CTR filings with appropriate government agencies when applicable
• Updates Company-wide BSA / AML / OFAC risk assessment (at least annually) or following any substantial change to the customer or product base
• Responsible for Company-wide internal audits as well as working with outside auditors consultants and regulatory examiners
• Reviews / Updates Bank policies procedures and practices to ensure compliance with laws and regulations
• Prepare reports for the Board of Directors and annual Board BSA / AML / OFAC training
• Manages BSA / AML / OFAC software including model validation and calibration efforts as well as changing control procedures
• Performs additional duties as requested or assigned

QUALIFICATIONS

EMPLOYEE BENEFITS

Parkside is proud to offer competitive benefits for all our employees including :

Parkside Financial Bank & Trust provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race color religion age sex national origin disability status genetics protected veteran status sexual orientation gender identity or expression or any other characteristic protected by federal state or local are committed to providing an inclusive workplace that accommodates the diverse needs of all individuals. If you require any accommodations during the application process or while employed please inform us so we can provide suitable assistance and modifications.

All employment offers are contingent until applicant successfully completes all necessary background checks and drug screens.

Required Experience :

Unclear Seniority

Key Skills

CCTV,Federal Agencies,Customer Service,Clearance,Facility,Suspicious Activity,Property Damage,Public Safety,Daily Operations,Professional Development,Access Control,Communication,General Public,Procedures,Powerpoint

Employment Type : Full Time

Experience : years

Vacancy : 1