BSA Officer Resume Sample
Renee Schuster
904 Ullrich Prairie,
Philadelphia,
PA
+1 (555) 303 2404
Work Experience
BSA Officer
01/2017
-
PRESENT
Philadelphia, PA
- Act as the Bank’s Bank Secrecy Act (BSA) Officer. Implement the necessary programs and procedures to ensure compliance with appropriate regulations and that the Bank is protecting itself from being used as a conduit for illegal activity
- Act as the Bank’s Office of Foreign Assets Control (OFAC) Officer. Make sure that the Bank has procedures and systems in place to identify, block, and report those names on the government’s list
- Develop and maintain the Bank’s BSA/AML/OFAC policies and procedures
- Prepare, monitor and update the Bank’s overall Risk Assessment for BSA/AML and OFAC
- Responsible for the Bank’s CIP program and requisite controls to identify exceptions
- Overall responsibility for the Vendor Management process for the systems used by the BSA Department including Prime, Banker’s Tool Box and BridgerInsight
- Oversee the Bank’s W-8 BEN processing to ensure all foreign customers have proper documentation
- Reviews and analyzes new and pending laws and regulations which directly affect the Business Lines practices; develops or revises appropriate policies, procedures, contracts and agreements to ensure compliance
BSA Compliance Officer
06/2010
-
12/2016
New York, NY
- Works with the areas of the Business Lines affected by changing laws, regulations, or policies to ensure that appropriate changes are implemented
- Liaise with Group and/or Division Compliance and Corporate Compliance
- Monitors major and critical compliance risks issues
- Construct, implement, monitor, test and verify the overall BSA Compliance program
- Develop and implement the BSA/AML and OFAC training program for the branch and other applicable units participating in on-boarding or transaction processing. The training program is based on the products and services provided, new laws/regulations passed by the relevant regulatory agencies and internal policies and procedures
- Produce monthly and quarterly reports for Senior Management, US BSA Compliance Oversight, Branch Management committees and compliance working groups as well as Home Office
- Ensure all BSA reporting is completed timely, when applicable, and that the branch adheres to the requirements of BSA, USA PATRIOT Act, and Sanctions/OFAC
BSA & Ofac Officer
08/2003
-
05/2010
Phoenix, AZ
- Assist in the tracking of business lines' progress and completion of necessary corrective actions in addressing regulatory concerns discovered from the monitoring and testing work
- Reviews new and pending laws and regulations which directly affect the Business Lines practices; develops or revises appropriate policies, procedures, contracts and agreements to ensure compliance if needed
- Assist in preparation for examinations by regulators and auditors
- Work closely with the Bank’s testing groups to ensure regulatory compliance and adequacy of testing methodologies
- Lead and/or actively participate in workgroups and committee activities dealing with products, services, and key initiatives, including mergers and acquisitions, that impact the Bank’s risk management and compliance posture as assigned
- Ensure adequate documentation is maintained in all phases of work; routinely track and report on initiatives, actions, and results
- Stand 5-10% of workday
- Sit 90 - 95% of workday
Education
Wittenberg University
1998 - 2002
Bachelor's Degree in Business
Professional Skills
- Assists the BSA Policies and Procedures Manager in the development, implementation and maintenance of the Bank’s BSA and Sanctions policies, standards and guidelines
- Strong interpersonal skills for coordination/liaison functions. Strong communication skills (verbal/writing)
- Excellent attention to detail, strong organizational and problem solving skills
- Exceptional communication skills (both written and oral); experience making presentations to senior level audiences
- Ten or more years in banking, including five years or more experience of AML/BSA experience at a financial institution
- Solid reading comprehension, writing and oral communication skills
- Strong knowledge of general banking practices dealing with retail and lending consumers
How to write BSA Officer Resume
BSA Officer role is responsible for software, organizational, retail, finance, credit, training, auditing, planning, reporting, research.
To write great resume for bsa officer job, your resume must include:
- Your contact information
- Work experience
- Education
- Skill listing
Contact Information For BSA Officer Resume
The section contact information is important in your bsa officer resume. The recruiter has to be able to contact you ASAP if they like to offer you the job. This is why you need to provide your:
- First and last name
- Telephone number
Work Experience in Your BSA Officer Resume
The section work experience is an essential part of your bsa officer resume. It’s the one thing the recruiter really cares about and pays the most attention to.
This section, however, is not just a list of your previous bsa officer responsibilities. It's meant to present you as a wholesome candidate by showcasing your relevant accomplishments and should be tailored specifically to the particular bsa officer position you're applying to.
The work experience section should be the detailed summary of your latest 3 or 4 positions.
Representative BSA Officer resume experience can include:
- Operate computer, printer, copier and other office equipment
- General knowledge and understanding of bank deposit operations, lending activities, and other related consumer banking and compliance functions
- Supports the Regulatory Updates Tracking process by managing the policy update process and coordinating with those impacted
- Travel periodically is required, including overnight stays
- Extensive knowledge of Bank Secrecy Act/Anti Money Laundering/U.S. Patriot Act, OFAC Regulations
- Perform timely screening of FinCEN's bi-weekly 314(a) requests
Education on a BSA Officer Resume
Make sure to make education a priority on your bsa officer resume. If you’ve been working for a few years and have a few solid positions to show, put your education after your bsa officer experience. For example, if you have a Ph.D in Neuroscience and a Master's in the same sphere, just list your Ph.D. Besides the doctorate, Master’s degrees go next, followed by Bachelor’s and finally, Associate’s degree.
Additional details to include:
- School you graduated from
- Major/ minor
- Year of graduation
- Location of school
These are the four additional pieces of information you should mention when listing your education on your resume.
Professional Skills in BSA Officer Resume
When listing skills on your bsa officer resume, remember always to be honest about your level of ability. Include the Skills section after experience.
Present the most important skills in your resume, there's a list of typical bsa officer skills:
- Effective oral and written communications skills, including oral presentation skills
- A strong understanding program management vs. operational tasking
- Strong analytical capacity, with particular focus on analyzing and developing policy
- Experience working with Sanctions and BSA/AML regulations required
- Establish and maintain good working relationships with internal stakeholders and to achieve influence and support at a senior level
- Experience engaging stakeholders across diverse business groups and teams
List of Typical Skills For a BSA Officer Resume
1
Skills For BSA / AML / Ofac Officer Resume
- Supervisory experience needed, proven ability to lead people
- Demonstrated ability to work with software involving data extracts, data mapping, and other analysis
- Balance and execute on competing priorities in a fast-paced environment
- Business Line or Corporate Compliance experience
- Strong knowledge of Prime Compliance Suite, Bankers’ Toolbox, and Miser
- Strong knowledge of the Bank Secrecy Act, USA PATRIOT Act, and FFIEC Examinations Manual
- Assists in the development of BSA/AML/KYC compliance training as required
- Employs advanced knowledge as a generalist or specialist of Anti-Money Laundering (AML) program management, regulations, compliance and risks
- Identify and generate warning to key threat issues
2
Skills For BSA Compliance Officer Resume
- Articulate sensitive and challenging positions amongst large groups to include Board members
- Assists in the development of BSA/AML/Sanctions compliance training as required
- Support FDIC and DBO Bank Secrecy Act examinations on behalf of the bank, including response to document requests and examiner inquiries
- Assists the BSA Policies and Procedures Manager in the execution of the BSA Policy Governance framework
- Participates in development and execution of the Bank’s BSA/AML and OFAC Risk Assessments and methodology
- Validates the business unit updates of compliance risk assessments, with particular attention to out of cycle regulatory or environmental changes that would impact the unit’s (s’) compliance profile
- Align Barclaycard US Financial Crime procedures to Barclays Group Policies
3
Skills For BSA / AML Compliance Officer Resume
- Assists the BSA Policy and Governance Manager with development, implementation and maintenance of an effective BSA/AML/KYC compliance program across all business lines
- Oversees bank-wide content alignment and exceptions request process for BSA/AML/KYC-related procedures to the enterprise BSA Policies
- Reviews changes to BSA/AML/KYC-related laws, regulations and regulatory guidance that have impact on any business conducted by Bank of the West
- Provides support and guidance to the business lines on BSA/AML/KYC policy and regulatory interpretation and implementation
- Knowledge of federal regulations including but not limited to; the USA Patriot Act, Bank Secrecy Act, Dodd-Frank, UDAAP, ADA, UIGEA, Regulations B, CC, D, DD, and E
- Strong knowledge of assigned laws and regulations (BSA/AML/OFAC)
- Professional certification desired: CAMS
4
Skills For BSA & Ofac Officer Resume
- BSA/AML & Sanctions Compliance
- Personal computer use with intermediate knowledge of Microsoft Office (Word, Excel, PowerPoint, Visio)
- ACAMS qualification or equivalent required
- Develop and maintain tactical and strategic intelligence capabilities
- Knowledge of commercial banking products and services; cash management (aka treasury management), commercial credit cards, deposits, financial institutions, receivables, payables, online, and liquidity
- Working knowledge of Consumer, Commercial, and/or Residential Mortgage Lending, including intermediate knowledge of the regulatory requirements applicable to Banner’s business operations
- Working knowledge of deposit and non-deposit products and services, including intermediate knowledge of the regulatory requirements applicable to Banner’s business operations
- Demonstrated ability to manage multiple demands and priorities
- Proficient in Microsoft® Office programs including Word and Excel
5
Skills For Bsa-compliance Officer Resume
- Responsible for AML policy and procedure development, AML risk assessments, AML strategic planning, AML training program development, affiliate bank board and governance committee reporting and briefings, SAR escalation and/or customer disengagement processes, regulatory exam management and compliance testing and internal audit management
- Responsible for governance and AML operational oversight of financial intelligence components. Responsible for Suspicious Activity Report (SAR), Currency Transaction Report (CTR) Exemption and High Risk Customer-Products- Services Exception Approvals
- Handles specialized investigations (law enforcement inquiries and coordination) and 314(b) information exchanges
- Knowledge of the Bank Secrecy Act, USA PATRIOT Act, and FFIEC Examinations Manual
- Highly organized and diligent, with careful attention to detail and deadlines
- Ensuring that all financial crime issues (including, but not limited to, Bank Secrecy Act, Anti-Money Laundering, USA Patriot Act, and OFAC compliance issues) and processes are managed effectively across all business areas within Barclaycard US
- Maintain the Bank's BSA Policies and Procedures manual
6
Skills For BSA Policy & Procedure Officer Resume
- Review monthly Logs (Wire, Official Check, Money Order, Monetary Instruments Sales) for suspicious activity
- Facilitate risk assessment, audits, and exams
- Chairperson of the BSA/SAR Committee
- Report BSA related activities to the Board of Directors on a monthly basis
- Develop, maintain and manage the BSA/AML/OFAC Program. Prepare quarterly reports to the Director of Compliance regarding the State of Compliance for BSA/AML/OFAC
- Manage oversight of suspicious activity including the monitoring of internal reports, investigation through research and internal inquiry, and documentation of findings
- Maintain current awareness of laws, rules, regulations and issues relating to BSA, AML and OFAC as appropriate
7
Skills For Corporate BSA Compliance Officer Resume
- Lead the high-risk account monitoring process, including maintaining written procedures for high-risk customer reviews and monitoring, including SAR filing and 314(a) reporting; directly responds to all 314(a) and 314(b) inquiries (if applicable), escalates potential watch list hits and oversee the preparation of required regulatory reports
- Identify and review all BSA related operational risks associated with new activities or products and ensure that the Bank’s infrastructure and internal controls in place are adequate to manage related risks prior to commencing new activities or offering new products
- Ensure business units are sufficiently familiar with and they are using adequate recordkeeping and reporting systems to measure and monitor the significant sources of BSA risk
- Responsible for the maintenance of the Bank’s Customer Information Program (CIP), including making determinations on legal documents and other documentary evidence of clients’ identity
- Maintain a current understanding of stated procedures and policies, including BSA and OFAC compliance issues
- Assist the Director of Compliance with periodic reports to the Board regarding BSA/AML/OFAC risk
- Strong interpersonal, communication (written and verbal), and organizational skills with the ability to work independently, as well as, collaboratively within a team environment
8
Skills For BSI BSA Technology Compliance Officer Resume
- Interact effectively with all levels of management, legal counsel, law enforcement, regulators and examiners while maintaining strict confidentiality
- Previous supervisory experience or leadership role and extensive knowledge of Bank Secrecy Act, USA Patriot Act, Money Laundering Control Act, Office of Foreign Asset Control regulations, strategies and enforcement policies, familiarity with key banking regulations and interpretations, knowledge of bank laws and operations, risk assessment and analysis
- Works with compliance to oversee corrective action taken by management to address BSA/AML/OFAC related deficiencies, including assisting management with implementation of corrective action when necessary and conducting follow-up validation reviews to determine the adequacy and effectiveness of action taken. Track and report progress and escalate findings as needed
Related to BSA Officer Resume Samples
Claims Officer Resume Sample
Work Experience
• An eye for details and a desire to ensure team outputs adhere to procedures and standards
• A strong focus on applying your current skills to improve the performance of the overall end-to-end claims management function
• Availability to commence in mid-February
•&...
Professional Skills
• Excellent analytical skills and technical ...
• Excellent time and case management skills
• Excellent interpersonal skills, tact and g...
Markets Officer Resume Sample
Work Experience
• Relationship management skills and ability to interface confidently with associates of all levels, including senior executives including senior traders and salespersons
• Six years of banking or financial industry-related experience
• Tailor presentations and content of solut...
Professional Skills
• Seven years experience of derivatives mark...
• Years of functional/professional experienc...
• Co-ordinate workflow through prioritising ...
Sales Officer Resume Sample
Work Experience
• To introduce various financial products as well as offer an individual wealth management plan to fit customers’ needs
• To maximize the potential of customers’ assets to follow a four-step process consisting of Customer Profiling, Portfolio
• To use for business needs only al...
Professional Skills
• Strong written and verbal communication sk...
• Excellent communication skills (verbal and...
• Proven ability developing new treasury man...
Fiscal Analyst Resume Sample
Work Experience
• Oversee, maintain, monitor and ensure the integrity of OMH billing system monthly bill runs. Resolve pended, denied and audited claims. Analyze services and recording statistics to identify unbilled visits and under-utilization of services. Audit and analyze data to ensure data accuracy and compliance with federal and st...
Professional Skills
• Excellent analytical, quantitative, writin...
• Demonstrated skills to compile and summari...
• Strong research, problem solving, and time...
Risk Governance Resume Sample
Work Experience
• Manage sensitive cross LOB client controls processes, including the Client Screening List (CSL)
• Work with firmwide LOBs and functions, including Global Financial Crimes Compliance (GFCC) to evolve current CSL process to clearly identify all necessary resources for “hits” communications to include...
Professional Skills
• Advanced sharepoint skills and advanced Mi...
• Outstanding written and oral communication...
• Proficiency in English, excellent analytic...
House Officer Resume Sample
Work Experience
• Graduate of an accredited APN program
• Excellent interpersonal skills including written and spoken English
• Proven security experience in a ‘soft’ customer service driven environment, where they have worked with minimal supervision utilising excellent judgement and decision...