The BSA Analyst assists in the implementation and administration of all aspects of the Bank Secrecy Act compliance program and assists with various assignments supporting the Compliance Program of the bank, under the guidance of the VP BSA Officer. This position performs various quality controls reviews and monitoring pertaining to the Bank Secrecy Act, USA Patriot Act, Anti-Money Laundering Program, OFAC, and Customer Identification Program compliance using industry standard and regulatory guidance to ensure the Bank’s compliance efforts are maintained daily. Assists the VP/BSA Officer in the establishment of controls to mitigate risks in ensuring department activities run smoothly and efficiently.

The position of BSA Analyst is required to be fully knowledgeable and skilled in all areas of the BSA department. The position will also assist the SVP Compliance officer with other duties as assigned.

Detailed Job Duties will include but are not limited to:

• Review and analyze account data utilizing the BSA automated monitoring system and data processing system.
• Monitor BSA automated monitoring system to identify suspicious or unusual transactions including cash, wires, monetary instruments, ACH, POS and ATM transactions.
• Analyze a variety of daily, monthly, and quarterly customer reports to determine which transactions are unusual for a particular customer and therefore may be suspicious and which transactions represent normal activity for the customer.
• Aggregate, compile, store and analyze data; identify high-risk and potentially suspiciousActivities.
• Monitor High Risk Customer (HRC) accounts.
• Review Enhanced Due Diligence (EDD) reports.
• Monitor CIP exceptions and report deficiencies to the BSA Officer.
• Assist in the preparation and filing of Currency Transaction Reports.
• Complete USA Patriot Act 314(a) information requests.
• Review the subpoenas, tax liens, levies and garnishments as part of the suspicious activity monitoring process.
• Assist with research in writing policies, procedures, risk assessments, and board reporting.
• Perform other duties as assigned.

Requirements include:

• High school diploma or equivalent; some college preferred.
• Proficient computer skills including MS Word and Excel.
• Minimum of 2-4 years’ work experience in retail banking in a BSA or Compliance role.
• Ability to work with all levels of staff and management.
• Experience in oral and written communication skills.

Working Conditions:

• Dress is a business professional environment.

We are an equal opportunity employer.