Job Description:

Job Description



If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster's values, these set us apart as a bank and as an employer.


Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!


Job Description Summary:


The Manager BSA is responsible for managing a team of BSA analysts within the Enterprise Financial Crimes (EFC) team and to ensure compliance with BSA/AML and OFAC, KYC, CTR and MIR regulations, policies and procedures and accepts increasing levels of operational responsibility within EFC group. The BSA Manger is also required to perform complex and detailed financial forensic reviews and analyses of client transactions and other financial statements to detect suspicious activity, money laundering patterns, U.S. Sanctions violations, KYC violations, adherence to CTR and MIR regulations, fraudulent activity, terrorist financing trends, anomalies, and other types of financial crimes. The BSA Manger is required to prepare detailed investigation reports that logically outline investigative steps taken, research completed, recommendations and decisions made, as well as train senior and junior level analysts.


Major Duties & Responsibilities:

• Provides management oversight of senior and junior level BSA Analysts' work product for quality, consistency, and adherence to EFC procedures prior to submission to FinCEN.
  
  


• Demonstrates masterly level knowledge of BSA/AML compliance during their duties; including but not limited to, BSA, U.S.A. Patriot Act,
  
  


• Educate, train, and develop team on effectively and efficiently identifying and reporting suspicious activity CIP and OFAC regulations.
  
  


• Ensures timely resolution of analysts' alerts, cases and other assignments
  
  


• Monitors client transactions across multiple delivery channels to identify trends and patterns of suspicious activity and financial crimes and takes appropriate action.
  
  


• Recommends closure of accounts deemed risky or suspicious
  
  


• Investigates suspicious activity and submits Suspicious Activity Reports for BSA-AML-related activities.
  
  


• Assists in staff member development through training and mentoring
  
  

Education, Experience & Skills:

• Bachelor's degree preferred in Business, Accounting, Finance, Economics, Criminal Justice or related field
  
  

• 6+ years of experience in corporate compliance, banking, investigations, or related BSA/AML field.
  
  

• Knowledge of internal control structure and all BSA/AML laws and regulations
  
  

• Strong analytical, computer, presentation, and written and verbal communication skills.
  
  

• Superb attention to detail.
  
  

• ACAMS certification required
  
  

The estimated salary range for this position is $85,000USD to $95,000USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.


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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. Apply Now