BSA Analyst II

The BSA Analyst II is responsible for functions involved with the daily monitoring of activities related to the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program, and assisting management with ensuring compliance with regulations, bank policies and procedures. 

The incumbent will: 

• →Review suspicious activity alerts and identify those that require additional investigation.
• →Conduct case investigations for potential SAR filing and complete necessary SAR forms.
• →Prepare Suspicious Activity Reports as necessary as well as performing follow-up investigations and reports.
• →Create and maintain files with documentation to support the suspicious activity investigation.
• →Manage lists of accounts identified as high-risk, conduct semi-annual reviews to monitor account activity for suspicious transactions.

• →Assist in ATM and Correspondent Banking customer reviews.
• →Review daily Currency Transactions Reports (CTRs) completed by branch and back-office personnel. 
• →Review core system cash transaction reports to ensure they coincide with the CTRs generated in the BSA/AML monitoring system.
• →Ensure the required information for the currency transactions exceeding $10,000.00 is submitted to the FinCEN in a timely manner.

• →Conduct CTR exemption initial and annual reviews.
• →Develop, maintain, and review the centralized CTR Exemption list as needed. 
• →Assist branch staff with issues related to the various reports/information required to be completed for BSA/AML purposes.
• →Participate in compliance training and continuing education to maintain proficiency with BSA/AML compliance laws and regulations.
• →Write detailed reports and documentation as needed
• →Responsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies 

Note: Reasonable accommodation may be made to enable otherwise qualified associates/applicants with disabilities to perform the essential functions of the job.

Note: Additional duties and responsibilities may be assigned

• High school diploma or equivalent required; bachelor’s degree preferred
• Minimum five (5) years’ banking experience of which two (2) years have included involvement with BSA compliance activities 
• Prior experience with the Bank Secrecy Act, Anti-money Laundering Act and Office of Foreign Asset Control

• Must possess the ability to understand and interpret the Bank Secrecy Act and Anti-Money Laundering regulations, the USA Patriot Act, Know Your Customer (KYC), Office of Foreign Asset Control (OFAC), Customer Identification Program (CIP) and any other related regulations.

• Ability to accurately type using a keyboard
• Ability to effectively communicate verbally and in writing; professionally interact with employees to explain technical processes of the BSA/AML software in an easily understandable manner
• Ability to use Microsoft Outlook, Word and Excel 
• Ability to gather and analyze information skillfully, display ability to fully investigate and recognize fraudulent/suspicious activity, display willingness to make decisions
• Knowledge of bank operations and products
• Knowledge of basic accounting  
• Knowledge of and training on federal and state compliance laws
• Excellent customer service skills 

The physical requirements and environmental conditions of this position consist primarily of:

• Sustained standing and sitting
• Frequent use of PC, including typing or sustained attention to monitor 
• Occasional presentations requiring public speaking to small groups
• Occasional lifting of basic office files or equipment up to 20 lbs
• Normal office environment with comfortable internal temperatures and low level noise