Benefits:
401(k)
401(k) matching
Bonus based on performance
Company parties
Competitive salary
Dental insurance
Health insurance
Opportunity for advancement
Paid time off
Stock options plan
Training & development
Vision insurance
Wellness resources
Summary of Position This job operates in a professional office environment. Must be able to travel locally to attend training seminars. Reports directly to the Bank Secrecy Act Officer. Assists in ensuring the Bank’s compliance with the applicable aspects of the Bank Secrecy Act, USA Patriot Act, OFAC, and other applicable regulations by monitoring activity for potential money laundering, financial crimes and/or terrorist financing and by tracking exceptions and filing required transaction reports. Maintains confidentiality of Bank's customers and processes while adhering to Information Security standards.
Essential Functions Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions.
Demonstrates a full understanding of BSA Analyst Trainee position and required knowledge, requiring limited oversight and corrections related to initial reviews and reporting requirements.
Educates and trains other analysts on BSA Analyst Trainee responsibilities.
Inputs, tracks, and analyzes transactional data for the moderate and high-risk customer portfolio.
Compiles and reviews transactional and non-transactional data for suspicious activity, trends, and patterns.
Monitor and/ or investigate irregularities identified in newly opened accounts for know-your-customer and CIP compliance requirements utilizing relevant systems. Works with appropriate personnel to resolve.
Utilizes internal/external resources to investigate and analyze potential fraud and money laundering while conducting suspicious activity investigations.
Review and file CTRs within required timeframes.
Monitors and investigates potentially suspicious activity identified through the bank’s detection methods, completes SARs as necessary and ensures timely filing with FinCEN.
Reviews OFAC and 314(a) checks and researches any matches.
Communicates with appropriate Bank personnel to obtain further information and/or documentation necessary to ensure bank documentation is comprehensive enough to describe the associated activity and to complete the aforementioned reviews.
Maintains detailed knowledge regarding the Bank's high-risk customers and BSA/AML/OFAC related threats and the environment in which they operate.
Complies with all applicable regulations, BSA training and all regulatory compliance training.
Critical Drivers/Accountabilities Possesses superior attention to detail; ability to multi-task and consistently meet deadlines; demonstrates strong analytical skills; ability to interact effectively and respectfully with internal and external customers and vendors. Strong analytical, problem-solving, and conceptual skills. Ability to work with little supervision while performing duties. Must maintain ongoing knowledge of regulatory requirements. Ability to maintain confidentiality with respect to the customer’s financial affairs. Ability to deal with pressures relating to multiple deadlines, competing priorities, as well as a fast-paced, high-stress, and rapidly changing environment.
Education, Experience, and Skills Required: A high school diploma or equivalent. A minimum of two years’ experience in a financial institution’s BSA/AML department. Must be well-informed on BSA/AML/KYC and OFAC matters as well as financial products, services, and bank operations. Previous experience working with regulatory agencies and state banking agencies. Practical experience with basic hardware and software; proficiency in Microsoft Office, specifically Excel. Preferred: Bachelor’s degree in related field.
Physical Requirements Sufficient stamina to sit and read a computer screen for extended periods of time. Ability to perform repetitive motion with wrists, hands, and/or fingers and otherwise perform the essential functions of the position. While performing these duties, the employee is regularly required to speak and hear. Ability to lift up to 50 pounds.
Core Values • Community Commitment: Foster growth and well-being by partnering with individuals, organizations, and initiatives that strengthen our communities. • Accountability: Strive to do the right thing by taking responsibility for our decisions and actions. • Customer-Focused: Prioritize responsive and personalized service that builds strong relationships with customers. • Teamwork: Empower a diverse and unified team to collectively accomplish our vision and mission. • Results Driven: Achieve the highest level of performance.
Other Duties Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.