BSA Officer

SUMMARY

At Security Bank and Trust Company, the Bank Secrecy Act (BSA) Officer is responsible for developing, implementing, and administering all aspects of the bank’s BSA compliance program. This includes ensuring compliance with the BSA, anti-money laundering (AML) regulations, and Office of Foreign Assets Control (OFAC) requirements. The BSA Officer will oversee the bank's efforts to detect and prevent money laundering, terrorist financing, and other illicit activities.

RESPONSIBILITIES

• Develop, implement, and maintain the bank’s BSA/AML/OFAC compliance program.
• Ensure the program is up-to-date with current regulations and industry best practices.
• Create and revise BSA/AML/OFAC policies and procedures as needed.
• Oversee transaction monitoring and suspicious activity reporting (SAR) processes.
• Review and analyze transactions for potential money laundering and other suspicio...