BSA Analyst

About the role

Banesco USA is seeking a BSA Analyst for our Alerts & Exceptions Team unit.

Responsibilities

• Review account alerts and exceptions for high, moderate & low risk accounts through the Bank’s AML Monitoring System.
• Analyze transaction data in the In-House systems, Truth Technology and Google searches and document findings or request further information from the account officers and verify provided information.
• Discuss any incongruence in the account activity with the Manager and prepare referrals for the bank’s investigation unit.
• Conduct flag exclusion analysis on a yearly basis.
• Maintain awareness of daily reports for cash activity and serve as a backup for the daily JH/ECS Reconciliation.
• Assist BSA Manager in preparing for audits and other related tasks.
• Assist management in other duties and projects as assigned.
• Complete annual training program assigned.
• Perform other functions and/or duties as assigned.

Requirements

• Education: Associate’s degree in business or equivalent experience.
• Experience: Three (3) to five (5) years of experience in the Banking industry in the BSA/Compliance area, working as an investigator or monitoring analyst.
• Experience using ECS Monitoring System (Required).
• ACAMS or BSA/AML certification preferred.
• Proficiency with specialized software used to trace crypto transactions, such as Chainalysis, Elliptic, TRM Labs, and CipherTrace.
• Deep comprehension of how different cryptocurrencies and blockchain technologies work, along with associated risks and typologies for financial crime.
• Advance computer skills including but not limited to proficiency in Microsoft Office (Word, Excel, Power Point, etc.).
• Must be bilingual in both English and Spanish. Ability to fluently speak, understand, read and write both languages.
• Strong verbal and written communication skills, ability to communicate at all levels of the organization.
• Strong attention to detail and accuracy.
• Able to multi-task, with strong organization, time-management and prioritizing skills.
• Knowledge of BSA/AML standards and practices.
• Intermediate knowledge of related State and Federal banking compliance regulations and operational policies.
• Able to work in a team environment ensuring deadlines are met.
• Able to understand and comprehend instructions, procedures and policies ensuring compliance with the Bank’s policies and procedures.
• Intermediate knowledge in bank’s operation activities, terminology and products and services.

Benefits

• Competitive Salary.
• Generous paid time off plus federal holidays.
• Hybrid Work Model (remote and on-site work).
• Tuition Reimbursement.
• Paid Parental Leave.
• Medical, Dental, Vision.
• 401k.
• Life Insurance.
• Supplemental Insurances.
• Short-Term & Long-Term Disability.
• Free parking.

About Us

Banesco USA is part of Banesco International, a worldwide group of financial institutions with a presence in 14 countries. As a corporation in continuous evolution, we promote the ongoing professional and personal development of our employees, by embracing challenges and adapting to the changing environment of today’s world. We aim to develop integral human beings, committed to making a difference at the workplace and out in the world. Our actions are rooted in our Values: Reliability, Responsibility, Quality, and Innovation. We believe that we all have the same ability to transform our daily tasks into significant contributions, and therefore, Leave Our Mark. At Banesco USA, one of our most valued assets is our enthusiastic team, which strives every day to create a world-class organization in an ever-changing world. Together, our team has made us a market leader and we invite you to join us.