Job Description

Department:

Compliance

Reports To:

BSA/AML Officer

Supervises:

None

Last Updated:

10.2025

Summary:

Responsible for functions involved with the monitoring of activities related to the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) and Office of Foreign Assets Control (OFAC) compliance program. Monitors and conducts investigations into suspicious activity and aids in identifying high-risk processes to mitigate risk exposure to Superior National Bank. Assists management with ensuring compliance with regulations, bank policies and procedures and assists in maintaining the integrity of the financial institution's Bank Secrecy Act Program.

Major Duties & Responsibilities:

Manage lists of accounts identified through risk assessment as high-risk and conduct regular reviews to monitor account activity for suspicious transactions. This includes high-risk customers such as money service businesses (MSBs), ATM owners, and other potential high-risk industries. Utilize the Bank's BSA monitoring systems, alerts, reports, and data to detect the presence of BSA/AML and fraud-related activities. Perform diverse and complex analysis, research, and investigation of customer data, account information, and behaviors to identify suspicious or illegal activity. Review and analyze daily transactional data with a focus on cash (excessive and 3K-10K log) and wires for potential money laundering or other illicit schemes and escalate, as necessary. Review daily Currency Transaction Reports (CTRs) and monetary instrument logs completed by branch and back- office personnel. Perform follow-up on missing information. Review core system, BSA/AML software, and cash transactions report to ensure they coincide with CTRs completed. Ensure required information for currency transactions exceeding $10,000 is submitted to FinCEN in a timely manner. Conduct CTR exemption initial and annual reviews. Develop, maintain, and review the centralized CTR Exemption list, as needed. Conduct and/or assist with case investigations for potential SAR filing and maintain appropriate support documentation. Assist with research surrounding requests for information. Assist the BSA/AML Officer with BSA/AML/OFAC Risk Assessments. Assist the BSA/AML Officer to conduct and track required training for all Bank employees. Perform other duties as assigned.

Knowledge, Skills, & Abilities:

Must possess analytical skills and be able to multi-task. Must be able to work interactively with all levels of management, auditors, examiners, law enforcement, while maintaining strict confidentiality. Must be proficient in Microsoft Excel and Word.

Education & Experience:

Associate's degree in accounting, business administration or business-related field preferred or equivalent combination of education and/or experience. * Minimum 3 years' experience in the banking industry, preferably teller and/or deposit operations-related experience.