TITLE: BSA Compliance Officer 

DEPARTMENT: Administration       

JOB SUMMARY: 

The BSA Compliance Officer is responsible for ensuring that the Bank Secrecy Act (BSA), FinCEN and the Bank Protection Act related policies and procedures of the Bank comply with appropriate laws and regulations. BSA Compliance Officer will perform the following duties as assigned to ensure the Bank remains in compliance with laws and regulations that affect the Bank’s practices and works with all departments of the Bank to see those changes initiated by the Bank’s holding company, QCRH, regarding such laws, regulations, and policies adhered to.  

ESSENTIAL FUNCTIONS: 

• Provide prompt, courteous, and excellent service to internal and external customers always. This includes an obligation to actively cooperate and interact with other departments and facilities to advance the overall interests of Quad City Bank & Trust and QCRH 
• Maintain a proficient knowledge of all applicable compliance statutes, regulations, and interpretations. 
• Work with the QCRH BSA Officer to ensure the Bank is following the QCRH BSA Policy and represent the Bank as a member of the QCRH BSA Committee. 
• Ensure the Bank is following the QCRH Security Program Policy 
• Assist with providing SVP, Director of Risk Management of QCRH information about the Bank’s Incident Response Program regarding external information security breaches and Corporate Account Takeover attempts. 
• Suggest new ways to enhance QCRH Risk Management’s ability to remain in compliance with regulatory  
• Monitor and perform research regarding customer activity related to the Bank Secrecy Act using the Bank’s automated anti-money laundering software, Varafin and file SAR when activity warrants.  
• Complete BSA enhanced due diligence reviews as required by the QCRH BSA Policy.  
• Create and update procedures when needed for processes initiated by the QCRH Risk Management Department and policies.  
• Responsible for maintaining the security of the bank’s alarm, access, and visual monitoring systems through security vendor, Convergent Technologies.  
• Responsible for overseeing the logging and responses to subpoenas in a timely manner 
• Investigate and resolve matters of importance that have to do with bank and employee security 
• Make decisions with the input of Retail management when customer accounts must be closed due to fraud and/or suspicious activity. 
• Complete management and Board reporting as needed and/or required 
• Plans and delegates work assignments/projects for direct reports.  
• Works with the QCRH Fraud Department to help avoid losses, initiate communication with customers, former customers and law enforcement to recover funds due to fraud or loss.  
• Respond to and retain a record of any robbery or other crime committed or attempted against the Bank.  
• Monitor procedures for opening and closing of the Bank and for the safekeeping of all currency negotiable securities, and similar valuables.  
• Maintain a program for security clearance of personnel including set up and issuance of employee security access cards and branch alarm panels. 
• Investigate all suspected criminal violations and suspicious incidents as appropriate. 
• Coordinate and maintain a Security Program for all branches, offices, departments and functions 
• Supervise the selection, installation, maintenance and operation of security devices.  
• Respond to branch issues and questions regarding security devices 
• Ensure employees receive initial and periodic training regarding their responsibilities under the Security Policy. Training will include appropriate employee conduct during and after emergencies is provided.  
• Maintain records indicating the name and titles of law enforcement officers and other persons consulted in connection with any emergency or committed or attempted crime 
• Review investigates when necessary, and report to the appropriate law enforcement agency when possible criminal action is indicated. 
• Establish and maintain satisfactory liaison with law enforcement officers and maintain files with this information.  
• Participate in external security and BSA peer group meetings when available 
• Prepare and submit BSA Annual Report and Security Program evaluation report to the Board of Directors at least annually. 
• Respond to night/weekend/holiday alarms if necessary 
• Hire, develop, motivate, and train staff, including planning and delegating work assignments and projects.  
• Evaluate performance, administer quarterly touch points and deliver performance evaluations. 
• Establish clear expectations and hold team members accountable to performance and behaviors aligned with our culture.  
• Understand and administer compensation based on a pay for performance philosophy, including merit increases and variable pay. 
• Participate in community engagement events. This can include professional, civic and community groups. 
• Comply with all company or regulatory policies, procedures and requirements applicable to this position. 
• Foster and preserve a culture of inclusion. 
• Additional duties and responsibilities may be required to support the company’s mission, vision and values.  

QUALIFICATIONS: 

• Bachelor’s degree in business or a related field. Criminal Justice degree preferred. 
• Minimum ten years previous experience in financial industry with three to five years previous experience in the area of BSA & or Bank Security 
• Background in compliance preferred 
• Comprehensive knowledge of BSA, FinCEN and Security requirements. 

WORKING CONDITIONS: 

• Duties are performed in a professional office environment. 

SALARY AND BENEFITS:

The minimum salary range for this position is $80,000-$100,000 annually. The actual starting salary will be based on qualifications and business needs and may vary, as permitted by applicable state law.

This position is a regular full-time position, and individuals employed as regular full-time, are eligible for the following benefits subject to the terms, limitations and conditions of each benefit plan: Health, Dental, Vision, Life Insurance, Disability Insurance, FSA, HSA, 401K, Employee Stock Purchase Plan, Paid Time Off, Paid Holidays and additional Voluntary Supplemental Insurance.

At Quad City Bank & Trust. we are committed to fostering and preserving a culture of inclusion and strongly believe that it's our differences - of all kinds - that make our company and our communities better and stronger. 

Quad City Bank & Trust. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or other protected class status. 

It is the policy of Quad City Bank & Trust. to comply with the Americans with Disabilities Act by providing reasonable accommodations to enable qualified individuals with disabilities to access the job application and interview process, to perform the essential functions of the job, and to receive equal access to other benefits and privileges of employment.