1 Commencement Bank is an equal opportunity employer. POSITION DESCRIPTION SALARY RANGE The hourly range for this role is $ 28.38 - $36.92 , and the pay rate for the successful applicant will be determined based on a variety of non -discriminatory factors which may include, but is not limited to, job -related knowledge, skills, location, and experience. Specific roles may be eligible for perfo rmance -based incentive compensation, bonus, and/or equity awards. POSITION SUMMARY The BSA Special ist I is responsible for assisting in B ank Secrecy Act (BSA) , Anti-Money Laundering , and Office of Foreign Asset Control (OFAC ) for Commencement Bank. BSA -related aspects of the Bank include but are not limited to : currency transaction reports ( CTR's ), suspicious activity reports (SAR's ), policies, procedures, risk assessments, certifications, and training. This position directly supports day -to-day BSA compliance at the direction of the BSA Officer who assigns, monitors, coordinates, reviews, and makes decisions on BSA compliance. This position will remain abreast on changes in the regulatory environment by attending webinars, conferences, or other training s, annually or as needed . Commencement employees embrace and practice the Bank's core values: Dedication, Teamwork, Integrity, and Respect and support an environment of diversity, equality, and inclusion within all aspects of the organization. ESSENTIAL DUTIES AND RESPONSIBILITIES • Assure compliance with all Bank policies and procedures as well as state and federal banking regulations, as applicable . • Follow all compliance and bank guidelines and complete annual training as assigned . • Adhere to changes relating to regulatory, legislative and technical aspects of the banking industry . • Assist with preparing regulatory reports; CTR's, SAR's, and Designation of Exempt persons and ensure filings are completed within the prescribed timelines . • Ability to u se reasoning, resources, and other information to document basis for conclusions to ensure compliance with laws, regulatory guidance, and best practices . • Assist with maintaining the banks BSA software program; alerts, due diligence (CDD & EDD), reports, scans, and other programs as needed . • Assist with preparation for BSA audits and exams . • Complete certifications for BSA and different areas of the Bank, as needed . • Assist with referrals regarding questionable accounts and/or suspicious transactions while reserv ing judgement before conclusions are met . • Correspond via phone, in person , or in writing with staff members to gather information, evaluate situations, resolve problems and recommend solutions . • Take initiative in personal development to grow job specific skills and proficiencies . • Always maintain confidentiality . • Other duties as assigned . Position Title: BSA Specialist I Hours: 40 Hours (Mon -Fri) Reports To: Compliance and BSA Team Leader FLSA Status: Non -Exempt Department: Compliance - Tacoma Headquarters 2 Commencement Bank is an equal opportunity employer. REQUIRED SKILLS • Treat s people with respect; work s ethically and with integrity; accept s responsibility for own actions . • A self -starter with initiative and desire to learn . • Ability to work unrelated processes simultaneously . • Detail -oriented with high organizational skills . • Strong ability to practice confidentiality and highly ethical behavior . • Must be able to take direction and follow through on designated tasks . • Ability to work under pressure and meet strict deadlines. • Ability to work collaboratively to reach mutual goals . • Ability to add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions, and decimals . • Ability to communicate clearly, effectively, and professionally . • Ability to learn and interpret business periodicals, professional journals, technical procedures, or governmental regulations . • Ability to interpret instructions furnished in a variety of different for mats . • Ability to spell, proofread, and document information with precision . • Proficient in Microsoft Office - Word, Excel, and Outlook . QUALIFICATIONS • Two year s of BSA-related experience or the equivalent combination of education and experience , preferred . • Knowledge of BSA compliance, audit functions, laws, rules, and regulations. • CAMS certification a plus • Knowledge of banking concepts, audit functions, laws, rules and regulations . • Knowledge of banking products and services . WORK ENVIRONMENT • Must be able to remain in a stationary position for extended periods of time . • Must be able to effectively and frequently communicate and exchange accurate information . • Must be able to constantly operate a computer - extensive keyboard operation is required . • Must be able to work in a branch environment with moderate noise levels and with frequent interruptions during the day while in close contact in small or large groups . TRAVEL • Occasional travel to conferences or retail branches may be required . 3 Commencement Bank is an equal opportunity employer. BENEFITS INFORMATION Commencement Bank strongly believes in the importance of investing in the health and welfare of its employees and their families. To extend our gratitude for the time and services they provide to our clients and communities, Commencement offers an excitin g total rewards package including base salary and a comprehensive package of benefits. Benefit eligibility begins the first day of the month following the date of hire for employees who are regularly scheduled to work at least 20 hours weekly. Eligible employees will receive benefit options including: • comprehensive and competitive paid healthcare coverage (medical, dental, and vision) with discounted premiums for dependents • 401(k) -retirement savings plan with employer match • employee stock purchase program • employee assistance program (EAP) • life insurance • long -term disability insurance • flexible spending account • health savings account • voluntary benefit options • tuition reimbursement • paid parking • vacation time and a personal float day • vacation purchase option • paid time off for illness, volunteerism, and holidays • logo wear allowance • employee appreciation activities This job description is subject to change at any time.