COMPLIANCE AND BSA ADMINISTRATOR - INDIANA

About the Bank

STAR Financial Bank is an Indiana-based community bank known for its culture of delivering quality service, personalized banking solutions, and innovative use of technology for more than 80 years. We are proud to be a community bank in every aspect of the word, dedicated to partnering with the people and organizations that improve our communities. Employees demonstrate their commitment to STAR and our customers by honoring our core values: Honesty & Integrity, Accountability, Respect for All, Do What’s Right, Commitment to Lifelong Learning, Community Leadership, Being Progressive, Celebrating Success, and Remaining Independent.

Responsibilities

• Read, research, and stay up to date on changing laws and regulations in the areas of BSA, AML, and CTF under the guidance of the VP, Director of Compliance & Community Reinvestment.
• Provide oversight of the Bank’s BSA/AML/CTF Program, including management of the Bank’s BSA/AML/CTF software and any enhancements or changes.
• Conduct daily monitoring and oversight of additional monitoring conducted by branches or other team members related to BSA/AML.
• Act as a resource for employees on questions relating to BSA and risk-related matters.
• Participate in various internal audits, committees, and examinations.
• Establish and recommend BSA/AML-related compliance training curricula for occupations and roles within the bank, ensuring training is appropriate and ongoing on an annual basis.
• Complete all regulatory required reporting in a timely manner in accordance with policies and procedures established to support the BSA/AML/CTF Program.
• Prepare and present the annual BSA Report and Risk Assessments to the Audit Committee.
• Address and comply with any recommendations from internal audits, committees, and/or examinations.
• Perform internal additional monitoring, according to the established monitoring schedule, to assure compliance with federal regulations.
• Serve in regulatory capacities for STAR Financial Bank as assigned by the VP, Director of Compliance & CRA.
• Risk assess the branch footprint of the bank to adjust the frequency of monitoring based on needs or changes in environment, staffing, or risk.
• Schedule and communicate the Branch Risk schedule with the retail team and management.
• Work with departments to incorporate solutions or provide training to address any Compliance Management System or BSA Program weaknesses identified.
• Represent the Compliance department on committees and as a liaison to other departments to ensure compliance obligations are met prior to project launches.
• Assist various business units with product launches, review marketing materials, policy and procedure updates to ensure inclusivity and compliance.
• Maintain knowledge of financial crime trends or patterns to identify increasing or mitigated risks to the Bank.

Requirements

• 3-5 years of compliance, risk management, BSA, audit, and/or related experience.
• Intermediate knowledge of Bank Secrecy Act banking.
• Proven ability to read and understand laws and regulations.
• Ability to work independently with high attention to detail and strong organizational skills.
• Excellent verbal and written communication skills.
• Proven ability to be a self-starter and work independently to meet deadlines.
• Demonstrated ability to handle multiple priorities.
• Intermediate skills in Microsoft Office Word, Excel, and Outlook.

Benefits

• Affordable medical, vision, and dental coverage.
• Flexible Dependent Care Account.
• Health Savings Account (with employer contributions).
• Prescription Drug Plan.
• Employee Wellness Initiatives (physical/mental/financial).
• Health Management Reimbursement Program.
• Short-term and long-term disability insurance.
• Life Insurance.
• Tuition Reimbursement.
• Competitive pay and bonus program.
• 401k (with employer match).
• Generous Paid Time Off, including 11.5 holidays.

Eligibility of benefits is determined by employment status classification.