BSA Analyst I - Wichita Ks

Rcb Bank Bsa Analyst I

Rcb Bank has been a responsible employer since 1936, standing firm on moral and ethical principles as a bank and as an inclusive employer while fulfilling our commitment to excellence. Operating with values such as integrity, respect, sincerity, and honor, Rcb Bank is an equal opportunity employer, striving to hire diverse employees who meet high standards of character, education, and occupational qualifications. Rcb Bank is dedicated to building relationships, contributing to our communities, and embracing our boldness! With over 60 locations, Rcb Bank offers a variety of excellent career opportunities in Oklahoma and Kansas. We offer full-time and part-time opportunities along with a comprehensive benefit package (eligibility requirements apply). Internal Deadline : 10 / 07 / 2025 Position is not remote and can be filled in either Claremore or Wichita branch location.

Position Summary : This position will be responsible for maintaining and ensuring bank compliance with Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Office of Foreign Assets Control (OFAC) rules and regulations. The incumbent will be responsible for day-to-day analysis and research of BSA compliance risk challenges through review of transactions, accounts, processes, and forms. The BSA Analyst I ensures timely completion and / or submission of BSA forms and reviews, mitigation, resolution, and reporting of existing, emerging, and upstream risks and other identified issues that are determined to be of elevated risk to the Bank.

Essential Functions :

• Prepares and / or reviews Currency Transaction Reports (CTRs) for accuracy and ensures FINCEN filing is completed timely.
• Conducts annual reviews for Currency Transaction Reporting (CTR) Exemptions and ensures FINCEN filing is completed timely.
• Analyzes Monetary Instrument Log (MIL) for accuracy and completeness.
• Performs accuracy sampling on Customer Identification Program (CIP) and Beneficial Ownership reporting and monitors exception ratios.
• Responsible for data validation / balancing of the data feed from the core system to AML monitoring system.
• Performs review of assigned entry-level alerts from AML monitoring system relative to BSA / AML, OFAC and Know Your Customer (KYC) / Customer Due Diligence (CDD) / Enhanced Due Diligence (EDD).
• Makes recommendations as to whether a customer should be risk rated as High Risk, from a BSA / AML perspective, based upon the banks policies and procedures.
• Responsible for an assigned group of High-Risk Customers in order to perform ongoing Enhanced Due Diligence (EDD).
• Analyzes information received from Bank employees and / or departments to determine appropriateness of escalation to case / investigation.
• Reviews entry-level, system-generated alerts referred to a case, or information provided by Bank personnel, to assess the presence of potentially suspicious activity that may require reporting based on BSA / AML requirements.
• Conducts entry-level follow-up reviews of activity previously reported via SAR. Conducts research as required, documents detailed results and findings in a written format, and prepares a follow-up SAR as necessary within regulatory timeframes and in accordance with department policies and procedures.
• Escalates concerns to BSA Compliance Officer timely.
• Compiles / reviews various types of internal BSA / AML reports.
• Participates in projects supporting the overall BSA program.
• Documents operational / procedural impacts and changes that need to be developed and implemented in support of overall BSA project completion.
• Research consulting questions as assigned.
• Develops and maintains comprehensive job knowledge.
• Effectively communicates and coordinates with branches and departments to ensure a cohesive, coordinated approach that ensures the organization is taking appropriate steps to achieving BSA compliance.
• Provides subject matter expertise with regard to BSA topics.
• Identifies and escalates current and potential operational impacts to BSA Compliance Officer.
• Assists in maintaining and updating BSA and OFAC procedures.
• Performs all other duties as assigned.

Experience Required : Minimum of six months of BSA / AML, compliance, auditing, banking, or other related experience.