Midwest BankCentre is proud to be recognized as one of St. Louis’ Top Workplaces for the last four consecutive years! 
 

Are you ready to lead with purpose and make a real impact on our community? Join Our Team and Make a Difference at Midwest BankCentre!
 

Why Midwest BankCentre? Our company culture is all about engagement and collaboration with our teams. We value diversity, inclusion, and innovation. When you join Midwest BankCentre, you're not just joining a company; you're joining a community of like-minded individuals who are dedicated to making a positive impact.

We are committed to making meaningful, long-term investments in communities that lift everyone up so we can all RISE TOGETHER. Our commitment to shared prosperity, our investment in Community and Economic Development and our dedication to diversity and inclusion are reflected is the ways Midwest BankCentre lives its purpose.

Objectives of this Role

Responsible for the management and oversight of the Bank’s BSA/AML Program, including the timely filing of all required reporting, as well as compliance with other BSA record keeping requirements. Lead and direct a team of BSA personnel and research state and federal compliance requirements, acts, and laws related to the Bank Secrecy Act and the USA Patriot Act.  Be able to collaborate with other business units and understand products and product offerings across the organization.  Ability to solve problems and think critically to help deliver on strategic initiatives.  The BSA Officer must be able to multitask and contribute to strategic projects involving new/existing products, process improvement, and digital/electronic banking initiatives.

Essential Duties and Responsibilities 

• Assists management with the implementation of procedures that address newly enacted regulations or procedural modification resulting from changes in regulations.
• Monitors current business environment, internal review processes, and reports from business units regarding various BSA compliance issues in order to ensure that appropriate internal controls exist within centralized business units and other major departments within the bank. Advises stakeholders of emerging risks, new or amended laws, regulations, or agency guidance and recommends and implements changes and controls to mitigate those risks.
• Conducts special on-site compliance monitoring reviews and educational visits, at the request of the BSA Officer, with business units upon request or if a need for targeted training is identified through monitoring reports, internal audits, examinations or customer complaints.
• CTR Exemptions
• High Risk Customer Monitoring
• Accurate and timely report filing for all required reporting (CTRs, SARs, etc.)
• Develops, implements, administers and enhances the BSA/AML/OFAC/USA Patriot Act monitoring systems to ensure that appropriate parameters are in place to identify suspicious and/or fraudulent activity.

• Establishes and maintains an effective CDD/EDD risk rating and monitoring program to include initial and ongoing assessments, and reviews and analyzes unusual account activity.
• Establishes and maintains appropriate SAR investigation, reviews and reports processes that promote consistent decisions; adequate investigation and research; and completes detailed documentation.

• Conducts BSA/AML/OFAC risk assessments at least annually with consideration to products, services, members and geographies that may present BSA/AML/OFAC related risks.
• Administers BSA/AML/OFAC related training programs for directors, management and employees and provides BSA guidance and coaching to employees.
• Periodic reporting to the Board of Directors on BSA program status and updates.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities are as required and may change at any time with or without notice.

Competencies

• Customer Centric Focus
• Diversity and Inclusion
• Act with Integrity
• Collaboration and Teamwork
• Results Oriented/Execution
• Business Acumen

Skills and Qualifications

• Bachelor’s degree (B.A. or B.S.)
• CPA license, post-graduate coursework or MBA preferred
• A minimum of 7+ years of BSA Officer experience in banking, or any equivalent combination of education, training, and experience which provides the required knowledge and abilities for this role. 
• Demonstrated understanding of BSA/AML regulatory reporting is required.
• Strong leadership skills with proven results in defining and achieving key initiatives and leading teams
• Must be highly organized and able to simultaneously maintain and manage multiple time-sensitive reports and projects
• Strong problem-solving and critical thinking skills
• Computer proficiency and intermediate proficiency in Office
• Effective written and verbal communication skills
• Knowledge of automated BSA/AML monitoring systems

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. 

While performing the duties of this job, the employee is regularly required to talk or hear. This is largely a sedentary role; however, some filing is required. This would require the ability to lift files, open filing cabinets and bend or stand on a stool as necessary.  

Ready to Make Your Mark? If you're passionate about banking with a purpose and ready to take the next step in your career, we want to hear from you! This is an excellent opportunity for individuals with commercial credit experience who are eager to contribute to our community-focused mission.

Why Join Us:

• Community Focus: Be part of a community bank that values and actively supports the St. Louis area.
• Competitive Compensation: We offer a comprehensive salary and benefits package.
• Professional Growth: Opportunities for continuous learning and development.
• Impactful Work: Play a key role in shaping the credit strategy and success of our organization.
• Collaborative Culture: Work in a supportive and dynamic environment that values teamwork and innovation.

Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply for jobs unless they meet every listed qualification. Midwest BankCentre is recognized nationally for its Diversity, Equity, and Inclusion practices and embraces these practices as a competitive advantage.

If you’re excited about this role but your experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be the right candidate for this or other Midwest BankCentre roles!

AAP/EEO Statement

An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

We thank all applicants in advance for their interest in this position and Midwest BankCentre. Only applicants selected for an interview will be contacted.