Bsa/Aml Specialist Ii

• Maintain a working knowledge of rules, regulations and best practices pertaining to banking that are applicable to compliance with:
• Establish and maintain a high degree of knowledge of banking rules, regulations and best practices that are applicable to compliance with the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Anti-Financing of Terrorism rules and regulations.

• USA PATRIOT Act
• Any other compliance regulation assigned to the team.
• Bank Secrecy Act
• SBA OIG Referrals, and

• Assists in ensuring that the Bank’s BSA programs have conformity and adherence with applicable state and federal laws and regulation.
• Enhanced Due Diligence – identification and monitoring of higher risk customers
• Backup for CTR filing and maintenance of the CTR Exemption List.
• Assist Chief Compliance & Audit Officer and BSA Officer on compliance, BSA/AML and/or other special projects, as needed.
• Monitoring, analysis, investigation and disposition of alerts in the electronic monitoring system.
• Work with BSA coordinators designated at Stearns Bank branch and affiliate locations regarding their BSA compliance procedures and processes.
• Follow-up reviews of suspicious activity based on previous SARs filed.
• Assists in gathering documents for BSA/AML compliance audits and examinations.
• Complete all required training.
• Serve as a resource person for bank team members on BSA/AML, OFAC issues.
• Perform a variety of daily tasks; reviews reports, prepares correspondence; and participates in or leads special department projects.
• Assists in development of new policies, procedures and personnel training on BSA matters while actively looking for ways to improve or create efficiencies.
• Loss prevention and security as applicable for this position.
• Investigate, research, document cases and disposition of suspicious activity and make recommendation for SAR, FinCEN or Non-SAR case determinations.

• Ability to sit for extended periods of time, twist, bend, sit, walk use hands to twist, handle or feel objects, tools or controls, such as computer mouse, computer keyboard, calculator, stapler, telephone, staple puller, etc., reach with hands and arms, balance, stoop, kneel, talk or hear.
• Specific vision abilities required by the job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus.
• Occasionally lift and/or move up to 10 lbs.
• Ability to understand and follow instructions in English.

• Ability to focus and concentrate for long periods of time.
• Detail oriented.
• Effective written communication skills are essential. Reporting must be concise and easily interpreted by all relevant parties.
• Strong computer skills.
• Ability to interpret regulations and laws and disseminate information.
• Three to five years BSA/AML experience with demonstrated understanding and accountability of job responsibilities.
• Communication skills/experience involving motivating, influencing, educating and/or advising others on matters of significance.
• Flexible.
• Strong and effective verbal and interpersonal communication skills.
• Bachelor’s degree (B.A.) from four-year college or university; or three to five years related experience and/or training; or equivalent combination of education and experience.

THE COMPANY

Founded in 1912, Stearns Financial Services Inc. (SFSI) is a $2.4 billion well-capitalized, independent financial holding company based in St. Cloud, Minnesota. Specializing in nationwide small business lending and equipment financing, Stearns has maintained outstanding customer service, fast decisions, and customized finance solutions to their customers for decades.

Stearns Bank has earned itself a stellar reputation amongst customers and competitors alike. This reputation goes beyond just word-of-mouth, as Stearns has been recognized by the Independent Community Banker’s Association (ICBA) as a top-performing bank in the nation based on a 3-year average Return on Assets for banks $1 billion or more. Stearns has also been recognized by American Banker as a top-performing bank in the nation over a 3-year period for Return on Equity for banks from $2 billion to $10 billion.

As a Star Tribune Top Workplaces award recipient and an award recipient of the Minnesota Business Magazine 100 Best Places to Work in Minnesota, Stearns takes pride in their team and holds their employees in extremely high regard. We offer a competitive salary and benefit package including our Employee Stock Ownership Program-one of the best long-term incentive programs in the nation.

EQUAL OPPORTUNITY EMPLOYER /AFFIRMATIVE ACTION PLAN

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, or creed, religion, sex, marital status, familial status, sexual orientation, national origin, age, disability, veteran’s status, status with regard to public assistance, or any other class protected by Federal, State, local laws governing nondiscrimination in employment.