BSA Analyst

Position Summary

The position of BSA Analyst shall be responsible for routine monitoring of bank activity and transactions to ensure the bank is compliant with BSA (CTRs, SAMs, Exemptions, and SARs).

Certified Anti-Money Laundering Specialist (CAMS)

• daily review of system generated reports to ensure all Currency Transaction Reports (CTRs) are filed within the 15-day period from date of transaction
• Review of daily cash reports for CTR’s
• CTR Acknowledgements
• Prepare CTR monthly totals and track for patterns
• Process all Unusual Activity Reports within the required timeline
• Aid in processing all Suspicious Activity Reports within 30 days of recommendation from Committee
• Aid in AML Monitoring through review of various system reports
• Review of BSA cases found in the bank’s AML program
• Aid in Due Diligence on high-risk customers / accounts – review of activity (deposits, withdrawals, wires, etc.) on high-risk accounts (MRBs, Independent ATM Owners, MSBs, NBFIs, NRAs, etc.) as warranted and / or as scheduled
• Aid in CTR Training for New Hires and annual employee refresher training
• Maintain Customer CTR database

Secondary Duties

• Completion of related reports as needed
• Aid with compliance testing
• Any other duties as assigned

Knowledge, Skills, And Abilities

• Knowledge of personal computers and software for word processing and spreadsheets is required.
• Attention to detail and ability to accept constructive criticism to effect positive improvement.
• Ability to meet established deadlines, work productively in groups and individually, communicate effectively in writing and orally, operate standard office equipment, work extended hours occasionally, and travel to various bank locations and training activities as needed.

Position Requirements

• Graduation from high school (or equivalent) with at least five (5) years of experience in bank operations and / or loans.
• At least three (3) years’ experience in Bank Secrecy Act regulatory requirements with emphasis on compliance.
• Use of personal vehicle is necessary.