BSA Compliance Analyst

The BSA Compliance Analyst will be responsible for ensuring the organization's adherence to the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) regulations. This position is suited for a detail-oriented analyst with experience in BSA / AML investigations and a strong understanding of transaction monitoring systems.

The analyst will be responsible for reviewing a high volume of alerts daily, identifying suspicious activity, and recommending improvements to existing AML rules. Familiarity with typologies and transaction types across individual and business accounts, as well as lending, credit, and deposit products, is essential.

Responsibilities

• Conducting thorough reviews of transaction monitoring alerts
• Investigate and escalate suspicious activity
• Maintain productivity while ensuring quality and accuracy in investigations
• Understand and apply AML typologies across various account and product types
• Recommend improvements to existing transaction monitoring rules
• Propose new rules based on emerging risks and trends
• Perform quality control checks to identify deficiencies or gaps in compliance processes
• Write informative SAR narratives
• Ensure accurate and timely filing of SARs and other required regulatory reports
• Maintaining up-to-date knowledge of evolving regulatory requirements, including FinCEN guidance and OFAC sanctions, and ensuring the bank's policies and procedures align with these standards
• Assisting in preparing for internal audits and external regulatory exams, providing documentation, and addressing any Compliance issues identified
• Support other AML team functions as needed in a dynamic and collaborative environment

Preferred Skills And Qualifications

Benefits

Benefits package includes Health, Dental and Vision insurance, 401(k) with company match, life and disability insurance, supplemental insurance, EAP, wellness reimbursement program, phone reimbursement, PTO and performance based quarterly bonus program.

We are an Equal Opportunity Employer. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.

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