BSA Analyst II - FIU

Job Description

Job Description

This is a remote position, but can report on-site (Irvine, CA).

Summary : The BSA Analyst II is responsible for the preliminary monitoring of the Bank Secrecy Act (BSA) and the Anti-Money Laundering (AML) compliance program designed to ensure that the Bank achieves optimum compliance with applicable laws and regulations including, but not limited to, the Bank Secrecy Act (BSA), USA PATRIOT Act, and Office of Foreign Assets Control (OFAC).

Duties and Responsibilities :

• Employee is responsible for adherence to all compliance programs and the completion of all required and assigned training by established due dates.
• Employee is responsible for understanding and performing their duties in a manner which is consistent with the Bank Secrecy Act, (“BSA”), Anti-Money Laundering Act (“AML”) and Office of Foreign Assets Control Regulations (“OFAC”). This includes understanding any responsibilities outlined under the Bank’s BSA / OFAC Program, participating in any required training and promptly complying with all reporting requirements.
• Monitors alert transactions through the Banks’ transaction monitoring software as it relates to BSA and AML to identify unusual or suspicious account activity and / or financial crime patterns.
• Analyze transactional data and alert monitoring to make determinations of irregular activity through an understanding of historical client activity and regulatory definitions of suspicious activity.
• Responsible for Case narratives and initial Suspicious Activity Report (SAR) recommendations and write-ups.
• Assist with editing and updating BSA Department internal departmental procedures.
• Review, analyze, and assist in making risk rating decisions or changes on client accounts and relationships.
• May attend outside training for BSA and OFAC.
• Know and comply with Bank policies, procedures, and regulations that govern job responsibilities.
• Attend and complete all required classroom, computer-based, web-based, and seminar training, as assigned.
• It is the individual responsibility of every employee to maintain current awareness and understanding of and to fully comply with the Bank’s “Code of Ethics and Conduct”. Each employee is also expected to maintain an awareness of the laws, regulations, internal policies, and procedures that are appropriate for his / her position.
• Perform other duties as assigned.

Salary Range : The salary range budgeted for this position represents the Company's good faith minimum and maximum range for this role at the time of posting. The compensation offered to a candidate may vary depending on several factors, including a candidate's qualifications, skills, competencies, experience, and location.

Geographic Location(s) :

Applicants must have current work authorization when accepting a First Foundation Inc. position. Currently, we cannot sponsor or take over the sponsorship of an Employment Visa.

Qualifications : To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Education and / or Experience :

Skills :

Physical Demands : The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Travel may be required to and from offices and other various locations. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. The employee is occasionally required to stand, walk; stoop, kneel, or crouch. The employee must occasionally lift and / or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus.

First Foundation is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, and status as a qualified individual with a disability, sexual orientation, gender identity, or any other characteristic protected by law.