BSA Analyst II

Job Description

Job Description

At ServisFirst, Our Name is Our Mission.

DUTIES AND RESPONSIBILITIES

The BSA Analyst II is responsible for functions involved with the daily monitoring of activities related to the Bank Secrecy Act / Anti-Money Laundering (BSA / AML) compliance program, and assisting management with ensuring compliance with regulations, bank policies and procedures.

The incumbent will :

• Review suspicious activity alerts and identify those that require additional investigation.
• Conduct case investigations for potential SAR filing and complete necessary SAR forms.
• Prepare Suspicious Activity Reports as necessary as well as performing follow-up investigations and reports.
• Create and maintain files with documentation to support the suspicious activity investigation.
• Manage lists of accounts identified as high-risk, conduct semi-annual reviews to monitor account activity for suspicious transactions.
• Assist in ATM and Correspondent Banking customer reviews.
• Review daily Currency Transactions Reports (CTRs) completed by branch and back-office personnel.
• Review core system cash transaction reports to ensure they coincide with the CTRs generated in the BSA / AML monitoring system.
• Ensure the required information for the currency transactions exceeding $10,000.00 is submitted to the FinCEN in a timely manner.
• Conduct CTR exemption initial and annual reviews.
• Develop, maintain, and review the centralized CTR Exemption list as needed.
• Assist branch staff with issues related to the various reports / information required to be completed for BSA / AML purposes.
• Participate in compliance training and continuing education to maintain proficiency with BSA / AML compliance laws and regulations.
• Write detailed reports and documentation as needed
• Responsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies

Note : Reasonable accommodation may be made to enable otherwise qualified associates / applicants with disabilities to perform the essential functions of the job.

Note : Additional duties and responsibilities may be assigned

MINIMUM QUALIFICATIONS

PHYSICAL REQUIREMENTS AND ENVIRONMENTAL CONDITIONS

The physical requirements and environmental conditions of this position consist primarily of :

EOE / AA