BSA Analyst I - Longwood, FL

About the role

The BSA Analyst I reports to the Vice President of BSA and works in a non-supervisory capacity. This role is crucial in defending against financial crime and ensuring compliance with Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) policies.

Responsibilities

• Investigate transaction monitoring alerts for potential money laundering, terrorist financing, and other financial crimes, and make informed recommendations regarding the filing of Suspicious Activity Reports (SARs).
• Track and ensure timely filing of Currency Transaction Reports (CTRs) within the strict 15-day regulatory deadline.
• Conduct thorough Enhanced Due Diligence (EDD) reviews, gather documentation, compose detailed narratives, determine risk ratings, and outline necessary follow-up actions.
• Monitor customers on the CTR exempt list annually and perform 90-day SAR follow-up reviews to identify continuing activity.
• Examine various banking divisions (branch administration, retail lending, commercial loans) to ensure meticulous adherence to Customer Identification Program (CIP) requirements.
• Monitor potential OFAC matches, act as a dual control for processing, and build continuous proficiency through specialized BSA/AML training courses.

Qualifications

• A Bachelor’s degree in a business-related field and/or one year of equivalent experience/education.
• Effective verbal and written communication skills, exceptional organization, and the ability to manage multiple time-sensitive tasks effectively.
• Ability to work well independently and in group settings.
• Working knowledge of Microsoft Office Programs (Excel and Word).
• Fully fluent in English; bilingual a plus.
• Access to reliable transportation.
• Prior experience with CAMS Certification (Certified Anti-Money Laundering Specialist) and working knowledge of FCRM Software is preferred.

Benefits

The compensation and benefits package includes medical, dental and vision insurance, a health savings account with an annual employer contribution, a 401(k)-retirement plan with generous employer match, paid time off plus 11 paid federal holidays, training and professional development programs, tuition reimbursement, reduced fees and rates on certain loan products, and much more!

Schedule

This is a full-time position, Monday – Friday, 8:30 am – 5:00 pm.

Physical Demands

Primarily sedentary; includes use of standard office equipment.

Equal Employment Opportunity Statement

Trustco Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, marital status, genetic information, disability, or protected veteran status. This includes, but is not limited to, the following: Hiring, placement, upgrading, transfer, demotion or promotion Recruitment, advertising or solicitation for employment Treatment during employment Rates of pay or other forms of compensation Selection for training, including apprenticeship Layoff or termination It is the policy of Trustco Bank to cooperate to the fullest extent with the applicable regulations of the Civil Rights Act and any legislation on Equal Employment Opportunity.