BSA Specialist – Special Risk

Key Highlights

• Applies knowledge of assigned specialty risk areas to due diligence and oversight of customers. Focused expertise in higher risk verticals can include online gaming/gambling, digital assets, money services, or others as needed.
• Provides guidance and responds to daily inquiries from peers and the first line of defense regarding new or changing regulations impacting the bank that involve payment systems, merchant acquiring.
• Works directly with the line of business and clients to conduct and complete BSA related reviews and testing of controls. Creates formalized reporting of test results and recommendations regarding remediation.
• Prepares key points for to be presented to management pertaining to Special Risk customers that pose heightened risk to the Bank and provide ongoing training to the line of business.
• Assists management with independent reviews and federal examinations. Interacts with auditors/examiners as it relates to Special Risk relationships, control testing and the risk assessment.