BSA Coordinator/Bank Examiner

Company: Federal Reserve Bank of Minneapolis
Location: Minneapolis
Posted on: April 30, 2024

Job Description:

Are you looking for an opportunity where you can contribute, work a flexible schedule, and help promote a safe and sound financial system? The Federal Reserve Bank of Minneapolis is looking for financial professionals to fill a Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examiner/Coordinator position in its Safety & Soundness business line in the Supervision, Regulation, and Credit Division. We are seeking individuals who currently hold, or have made substantial progress toward, an examiner commission from a federal (e.g., FRB, OCC, FDIC) or State banking regulatory agency, or have significant BSA/AML examination or industry experience. Existing expertise in digital assets/cryptocurrency, financial technologies (Fintech), and/or cybersecurity to support evolving trends in traditional banking is a plus. Applicants should possess strong analytical, communication and leadership skills, and enjoy working in a team environment. We are looking to fill the position in either Minneapolis or Helena, MT.Supervision, Regulation, and Credit is responsible for supervising state member banks and bank holding companies within the Federal Reserve System's Ninth District. The primary responsibility of the position is to coordinate the BSA/AML ongoing supervision and examination activities for Regional and Community banks and bank holding companies in the Ninth District. The Federal Reserve offers a comprehensive training and career development program, allowing you to build on your current knowledge and experience. We provide advanced training opportunities and support development of specialized knowledge, including professional certifications. We offer strong performers assignments of increasing complexity, leadership roles, and promotional opportunities.

Responsibilities:

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  Participate in the development and execution of examination scope memos, assessment work programs, conclusion memos, and supervisory response letters.
  
  
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  Review, organize, verify, and evaluate supervisory event documents prepared by self and others.
  
  
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  Communicate, describe, support, and discuss findings of supervisory events with Reserve Bank and supervised institution management.
  
  
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  Serve as a technical expert for all BSA/AML-related regulations and will act as a resource for state member bank/bank holding company BSA Officers, field examiners, and central points of contact.
  
  
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  Conduct ongoing analysis of Suspicious Activity Report filings, conduct training for general staff, support industry outreach, and participate in BSA/AML related projects.
  
  
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  Identify and participate in opportunities to enhance skills, including assisting with System or Reserve Bank special projects.
  
  
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  Safeguard equipment, sensitive data, and resources according to the SRC Information Security and Data Handling Handbook.
  
  
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  Travel up to 50% is required for this position.
  
  Qualifications:
  
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    Strong analytical skills and detail-orientation.
    
    
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    Valid driver's license with acceptable driving record.
    
    
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    Acceptable statement of financial interests.
    
    
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    Ability and willingness to travel as required.
    
    
    To be considered for Examiner, you must meet one of the following education and/or years of experience qualifications.
    
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      Highschool diploma AND ten (10) years of progressive related professional experience OR Bachelor`s degree with coursework in business, accounting, finance, information technology/cybersecurity or closely related fields AND four (4) years of progressive related professional experience.
      
      
      To be considered for Senior Examiner, you must meet one of the following education and/or years of experience qualifications.
      
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        Highschool diploma AND twelve (12) years of progressive related professional experience OR Bachelor`s degree with coursework in business, accounting, finance, information technology/cybersecurity or closely related fields AND six (6) years of progressive related professional experience. Strong written, verbal, and interpersonal communication skills. (Writing sample required).
        
        
        Preferred Qualifications: For the Examiner and Senior Examiner position, credentials and commission strongly preferred. In lieu of examiner credentials, BSA/AML experience within a bank or bank holding company environment as determined by SRC management may be acceptable. BSA/AML or fraud related industry certification also preferred.

Keywords: Federal Reserve Bank of Minneapolis, Eagan , BSA Coordinator/Bank Examiner, Other , Minneapolis, Minnesota