Cash Connect BSA Manager
WSFS Bank, Berwyn, PA, United States
At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our communities. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, and advancement opportunities.
Job Responsibilities
Supervise a staff of BSA/AML Analysts and Investigators.
Conduct quality control on all work performed by their staff, including alert decision, investigation case decisions, and enhanced due diligence decisions.
Conduct quality control on completed suspicious activity reports (SAR) prepared by the BSA/AML investigation staff.
Aid in the development of new material and updating existing documentation for the bank's policy manuals as it applies to BSA/USA PATRIOT Act/OFAC.
Aid in ongoing training of staff to ensure that adequate training is provided to all appropriate personnel.
Stay apprised of proposed rules, new or changed laws and regulations as well as emerging issues, hot industry topics, money laundering, financial crimes, or terrorist financing trends to enhance the BSA/AML Compliance Program as appropriate.
Develop and maintain efficacy standards and develop individual staff goals and development practices.
Adhere to all bank security and confidentiality policies and procedures.
Additional responsibilities as required.
Support the mission, strategy, and values of WSFS.
Minimum Qualifications
Bachelor’s Degree required.
Minimum 5 years specific BSA/AML investigative and/or fraud prevention experience with personal investigative and SAR filing experience in a financial institution.
General knowledge of risk mitigation pertaining to high‑risk services offered.
Certification in CAMS or another BSA/AML field is preferred.
Comprehensive understanding of banking and all types of financial crime patterns, thorough knowledge of the Bank Secrecy Act and the USA PATRIOT Act, as well as a strong understanding of OFAC regulations.
High degree of analytical, problem‑solving, organizational, and project management skills.
Ability to interact with regulators and auditors.
Ability to work in a fast‑paced, deadline‑oriented environment and maintain high level of attention to detail and sound judgement.
Extensive knowledge of MS Word, Excel, and other proprietary system applications and account history, with emphasis on operating and analyzing different case types from Verafin.
Ability to analyze information as well as question and investigate results from program reports.
Must have knowledge to review account activity and the ability to recognize or question activity beyond its normal scope.
Ability to work with and communicate with Associates and management in all bank departments across the entire corporation.
Excellent oral and written communication skills as well as good written, oral, and visual presentation skills.
Familiarity with branch or department account relationship activity and some audit or compliance knowledge is preferred.
Prior experience with Verafin and Word/Excel/PowerPoint/Visio or the ability to learn quickly.
Salary Range $77,390.00 - $127,139.75
Benefits WSFS provides a competitive benefits package including medical, dental, vision, 401(k), life, accident, disability insurance, FSAs, HSAs, wellness programs, paid parental leave, military leave, vacation, sick leave in accordance with applicable state laws, and paid holidays. Additional benefits may vary by location and employment status.
For more information about Associate benefits, please visit https://www.wsfsbank.com/about/careers/.
WSFS Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, contact us via email at careers@wsfsbank.com.
WSFS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
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Job Responsibilities
Supervise a staff of BSA/AML Analysts and Investigators.
Conduct quality control on all work performed by their staff, including alert decision, investigation case decisions, and enhanced due diligence decisions.
Conduct quality control on completed suspicious activity reports (SAR) prepared by the BSA/AML investigation staff.
Aid in the development of new material and updating existing documentation for the bank's policy manuals as it applies to BSA/USA PATRIOT Act/OFAC.
Aid in ongoing training of staff to ensure that adequate training is provided to all appropriate personnel.
Stay apprised of proposed rules, new or changed laws and regulations as well as emerging issues, hot industry topics, money laundering, financial crimes, or terrorist financing trends to enhance the BSA/AML Compliance Program as appropriate.
Develop and maintain efficacy standards and develop individual staff goals and development practices.
Adhere to all bank security and confidentiality policies and procedures.
Additional responsibilities as required.
Support the mission, strategy, and values of WSFS.
Minimum Qualifications
Bachelor’s Degree required.
Minimum 5 years specific BSA/AML investigative and/or fraud prevention experience with personal investigative and SAR filing experience in a financial institution.
General knowledge of risk mitigation pertaining to high‑risk services offered.
Certification in CAMS or another BSA/AML field is preferred.
Comprehensive understanding of banking and all types of financial crime patterns, thorough knowledge of the Bank Secrecy Act and the USA PATRIOT Act, as well as a strong understanding of OFAC regulations.
High degree of analytical, problem‑solving, organizational, and project management skills.
Ability to interact with regulators and auditors.
Ability to work in a fast‑paced, deadline‑oriented environment and maintain high level of attention to detail and sound judgement.
Extensive knowledge of MS Word, Excel, and other proprietary system applications and account history, with emphasis on operating and analyzing different case types from Verafin.
Ability to analyze information as well as question and investigate results from program reports.
Must have knowledge to review account activity and the ability to recognize or question activity beyond its normal scope.
Ability to work with and communicate with Associates and management in all bank departments across the entire corporation.
Excellent oral and written communication skills as well as good written, oral, and visual presentation skills.
Familiarity with branch or department account relationship activity and some audit or compliance knowledge is preferred.
Prior experience with Verafin and Word/Excel/PowerPoint/Visio or the ability to learn quickly.
Salary Range $77,390.00 - $127,139.75
Benefits WSFS provides a competitive benefits package including medical, dental, vision, 401(k), life, accident, disability insurance, FSAs, HSAs, wellness programs, paid parental leave, military leave, vacation, sick leave in accordance with applicable state laws, and paid holidays. Additional benefits may vary by location and employment status.
For more information about Associate benefits, please visit https://www.wsfsbank.com/about/careers/.
WSFS Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, contact us via email at careers@wsfsbank.com.
WSFS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
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