Bank Secrecy Act Analyst II

The BSA Analyst position monitors compliance with the Bank’s policy, Bank Secrecy Act, and other related laws and regulations. The BSA Analyst identifies and reviews deposit and loan accounts for suspicious activity, and develops and monitors internal controls, policies, and procedures to ensure effective compliance.

Requirements

• Supports the Bank’s BSA Compliance program through investigation, research, and analysis of alerts and cases.
• Review and file SARs in a precise and timely manner.
• Work with new individual/business account risk profiles.
• Review and analysis of reports generated for BSA/AML/OFAC.
• Assist with enhanced due diligence reviews and provide recommendation for next step actions.
• Assist with annual BSA/AML/OFAC risk assessments in gathering data, conducting analysis, and developing/enhancing the methodology.
• Responsible for identifying sophisticated money laundering techniques, building a case, and recommending action based on their findings.
• May work with account officers to obtain documentation and/or information necessary to complete the account analysis and investigation.
• Assists in ad-hoc special projects as needed.