Job Description

Job Description

Job Description

The AML/BSA Analyst monitors and/or investigates all potential suspicious activities as they relate to AML/BSA guidelines and regulations. Also, ensures accurate and timely submissions of required reports related to ongoing monitoring and investigation, as well as reportable currency transactions. The AML/BSA Analyst will assist the BSA Officer with compliance monitoring reviews and special projects. More specifically, the position requires:

1. Responsible for the alert workload and monitoring for suspicious patterns/activities and fraud, conduct suspicious activity report investigations, as well as high risk customer/account reviews. May assist in the filing of SARS when necessary.
2. Conduct enhanced due diligence reviews which entails research, the gathering of documents, composing a well-written narrative, making appropriate recommendations.
3. Responsible for the preparation and submission of all Currency Transaction Reports (CTRs) within the regulatory deadline of 15 days.
4. Ensure proper identification and adherence to the Bank's AML/BSA Program including CIP, CDD/EDD/BO, and OFAC.
5. Ensure the completeness and accuracy of Monetary Instrument Logs.
6. Assist in the compliance with 314(a) information requests.
7. Monitor for potential OFAC matches and refer for escalation procedures.
8. Participate in on-going training to maintain current knowledge of AML/BSA and OFAC regulatory requirements.
9. Other duties may be assigned by the BSA Officer and Compliance Officer.
10. Comply with federal and state regulations and all established bank policies and procedures.

Requirements:

• Excellent analysis, observation, and decision-making skills.
• Ability to remain composed when working under high-pressure situations such as regulatory deadlines.
• Exemplary degree of accuracy.
• Strong organizational skills; able to manage priorities and workflow.
• Ability to work independently and as a team member.
• Ability to communicate with people at all levels and various backgrounds.
• Mental concentration is necessary for handling frequent interruptions; ability to pivot.

Education and Experience:

• Associates degree and/or 5 years of related banking AML/BSA experience.
• Experience in bank operations and/or teller and/or branch management/personal banker.
• Experience with Fiserv FCRM AML/Fraud system desired; or experience with other interdiction systems.
• Knowledge of BSA/OFAC/Fraud functions.
• Ability to research, collect, and analyze complex or diverse information; critical thinking skills.
• Strong analytical communication (oral and written) and computer skills.
• Acknowledge and observe strict confidentiality requirements.

Note: This job description is a summary of the job duties and requirements that are essential for this position. It is not intended to be complete in detail. These responsibilities are typical for this job; however, on occasion, individuals in this position may be required to perform other functions not included in this job description.

We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, sexual preference or orientation or veteran status.

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