Berkshire Bank Jr. BSA/AML Associate in Pittsfield, Massachusetts

Jr. BSA/AML Associate(932758)

Job Type

Full-time

Category

Location

Pittsfield, MA 66 West St; Worcester, MA 386 Main St

Job Details

Division: Risk Management

Department: Compliance

Reports to: VP Asst BSA Officer

Status: Non-Exempt

Grade: 4

Location: Pittsfield, MA

Purpose/Objective:

Ensures adherence to Bank Secrecy Act and OFAC requirements by routine review of CIP and CDD documentation on new and existing accounts. May provide clerical support services to other Bank Secrecy Act and OFAC areas.

Key Accountabilities:

  • Verifies new account information and reconciles erroneous information to ensure accounts are set up properly and in accordance with established bank policies and procedures. Ensures all documentation has been obtained on a timely basis and follows up with branch staff for missing or exception items. Files all related forms and documents for account set-up and/or changes to ensure proper records are maintained and readily available. 40%

  • Monitors accounts for proper TINs and follows up accordingly on missing or inaccurate TINs; processes required mailings to ensure compliance with state and federal regulations. Performs the annual Non-resident alien review process. 40%

  • Provides clerical assistance in support of CTR filings and/or CDD/EDD reviews. 15%

  • Keeps abreast of Bank Secrecy regulations, especially as related to developments in Anti-Money Laundering techniques, controls and monitoring. 5%

  • Ensures compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one’s duties.

Education:

  • High School diploma preferred or equivalent experience

Experience:

  • General office experience

  • 1+ years' experience in a banking environment

Skills & Knowledge:

  • Excellent organizational skills; ability to multi-task

  • Extremely detail oriented; high degree of accuracy

  • Proficiency in data entry; dexterity with keyboard

  • Excellent computer skills with the ability to learn additional computer skills with ease

  • Proficient with Microsoft Office applications