Senior BSA Analyst

About Blue Foundry Bank

This is the Bank Where Things are Made. Blue Foundry is a bank where businesses are shaped, plans are formed, ideas are refined, solutions are built, and stuff gets done. Blue Foundry is revolutionary, bold, resourceful, roll-up-your-sleeves committed, smart, creative and fun. A Bank of movers, shakers, and makers...We are a Bank that Gets Things Done.

At Blue Foundry Bank we invest in the well-being of our most prized asset...our employees! We provide a robust array of programs and benefits to help employees advance their careers and enhance the quality of their lives. Our experiential learning and development program ensures employees are on track to grow their career as of day one.

In addition, our comprehensive compensation package includes medical, dental, and vision coverage; life insurance, short- and long-term disability insurance; 401(k) / Roth with company match up to 5%; paid time off, and 11 paid holidays; employee referral bonus; and educational reimbursement.

SENIOR BSA ANALYST

Department : Risk Management

Reports to : BSA / AML Officer

Position Summary

The Senior BSA / AML Analyst is responsible for testing and monitoring the Bank's enterprise wide BSA / AML / OFAC program to ensure the Bank complies with the regulatory requirements under the Bank Secrecy Act (BSA), other Anti-Money Laundering (AML) Laws and Regulations along with the Office of Foreign Asset Control (OFAC) Laws and Regulations. The Senior BSA / AML Analyst will be responsible for managing complex BSA / AML / OFAC related functions such as analysis, investigations and disposition of alerts generated from the Bank's BSA / AML automated surveillance monitoring software as well as preparing detailed reports and analysis of BSA / AML / OFAC data.

The rate of pay is the minimum amount offered for this position. Blue Foundry Bank will compensate employees in a fair and equitable manner, taking into consideration education, skills, current and relevant experience, among other factors.

Minimum Job Requirements

• Bachelor's degree required or commensurate work experience.
• 5 years of experience in AML / BSA specific functions.
• 10 years of overall professional experience in financial services.
• Professionally certified in the money laundering realm, whether ACAMS or CAFP.
• Strong organizational skills and attention to details are needed to ensure proper recordkeeping. Sense of accountability and ownership over "quality".
• Analytical skillset, with the ability to sift through voluminous transactional data to extract / summarize key elements.
• Objective decision-making skills, and the ability to defend one's own work.
• Strong verbal and written communication skills are necessary to explain complex situations into easily understood narratives and tables.
• Ability to work independently, and as a team, throughout the organization.
• Ability to handle sensitive situations.
• Experience with case management platforms such as Verafin.

Specific Job Functions

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, LGBTQ, national origin, disability or protected veteran status.

Blue Foundry Bank will award an employee referral payment to employees who refer new hires. If the candidate is hired, the referring employee will be eligible to receive referral payment in accordance with the following guidelines :

Both employees must be employed on the anniversary date of the referred employee in order to receive a referral payment.

All employees should have knowledge of bank's procedures and its compliance as it pertains to their position.