Share Email Opening Title BSA/OFAC Officer  Category Audit/Compliance   Description Summary:  This person is responsible for directing the Anti-Money Laundering (AML) function of the Bank.  They oversee the organization’s BSA/AML/OFAC/CIP Program and provide leadership and coaching to the Bank staff.  Ensures organizational compliance with BSA and OFAC regulations and the FACT Act, along with fraud detection and prevention by performing the following duties.   Essential Duties and Responsibilities:  To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  Essential duties and responsibilities include the following: Serves as Board appointed BSA/OFAC Officer, overseeing any implementations and adherence to BSA/AML regulation and policies. Manage the BSA/AML/OFAC/CIP compliance program and all related functions, maintaining day to day compliance with all the applicable laws and regulations. Ensure that all Bank personnel, including the Board of Directors, are properly informed and trained in BSA/AML/CIP/OFAC/FACT ACT applicable to their areas of responsibility as required by law or identified as best practice.Offering guidance, training and expertise to all employees. Assessing the BSA/AML compliance risk assessment process and creating processes to mitigate high risks. Responsible for external reporting of BSA-related activity. Oversees corrective actions resulting from compliance audit program or external audits and exams and timely reporting of BSA/AML compliance audit findings to Board Committee. Communicates with Board and management regarding conditions, status, recommendations for BSA/AML Compliance. Stays informed regarding pending business, regulatory or best practice changes and assesses the potential impact of these changes, emerging issues and potential liabilities on organizational processes. Stays abreast of changes to federal and state banking laws and regulations affecting the management, operations, and product offerings of the establishment, for example, the Bank Secrecy Act. Oversees the identification and reviewing all high risk customers and monitors activity, including MSBs, Privately Owned ATM customers and others requiring enhanced due diligence. Point of Contact for any National Security Letters or law enforcement requests for additional information on accounts or customers, outside of the subpoena duties. Collaborates with Human Resources as appropriate to ensure implementation of consistent disciplinary action strategies in cases of recurring compliance standard violations. Oversees coordination with all external examiners and auditors to ensure effective and efficient compliance examinations and reviews. Oversee the administration of Yellow Hammer BSA and Yellow Hammer Fraud software Assists in the monitoring and investigation of suspicious activity; responsible for identifying suspicious activity and promptly filing SARs when applicable or the documentation of any decisions to not file a SAR. Examines establishment policies, procedures, and practices to ensure compliance with laws and regulations. Stays abreast of changing fraud environments to help mitigate their impact to the organization. Consults with and advises operating units and managers affected by fraud related issues and regulatory requirements.     Other Responsibilities: Perform other related duties as required or assigned that are in the spirit of this job description and position as necessary for the Bank and the Department to function effectively.   Supervisory Responsibilities: Responsible for direct oversight of BSA & Fraud Analyst I & II.   Location Wausau, WI   About the Organization At IncredibleBank, we believe in our employees, our customers, and the impact we make in our communities. When your name is Incredible, it's a lot to live up to! And we feel it. Because of that, we continually look to raise the bar, expect more out of ourselves and each other, break out of "traditional banking," and make our mark in an industry that needs a good shake-up! It's #HowWeIncredible   EOE Statement IncredibleBank is an Equal Opportunity Employer. We will consider applicants for our positions without regard to any category protected by applicable federal, state, or local law, including but not limited to: race, color, religion, sex, gender identity, sexual orientation, pregnancy, age, national origin, physical or mental disability, military or veteran status, genetic information, or any other protected classification.   This position is currently not accepting applications. 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