BSA Analyst

Job Type

Full-time

We welcome you to join our Chino Commercial Bank Team! We are currently seeking a Qualified BSA Analyst who is passionate, driven, collaborative, and solutions minded individual to join our team. We are dedicated in creating a championing environment where you can grow and thrive. We foster a caring culture by empowering you to achieve your professional goals. Our Mission is to provide exceptional customer service to make a difference in the lives of our customers and communities.

This position of Bank Secrecy Act (BSA) Analyst is responsible for performing a variety of complex duties required to ensure the accuracy and effectiveness of the Bank's BSA, Anti Money Laundering, Office of Foreign Asset Control monitoring and Financial Crimes Enforcement Network monitoring, according to established policies and procedures. This position is responsible for the required regulatory monthly and quarterly reporting's, assists with the oversight of audits performed within the BSA area and is responsible for reviewing and submitting Suspicious Activity Reports, SARs.

The BSA Analyst must maintain compliance within audit, internal controls, security, BSA, and CTR standards.

• Monitor business activities, procedures and documentation for operations compliance with banking regulations.
• Examine reports to determine if situations meet the established criteria for investigating suspected fraudulent or problem accounts.
• Conduct analysis on transactional data to make determinations of irregular activity through understanding of industry norms, historical customer activity and regulatory definitions of suspicious activity.
• Collect, analyze and disseminate sensitive information concerning the suspicious activities of groups, businesses and individuals.
• Conduct investigations of suspect account activity using the Bank's resources (i.e., system software, reports, databases, and system applications).
• Prepare research documentation and officer communications for investigations for and complete the Enhanced Due Diligence (EDD) reviews and Customer Due Diligence (CDD) reviews.
• Exercise solid judgment while examining, identifying and documenting suspicious account activity behaviors and patterns.
• Maintain a high degree of professional competence in the area of the Bank Secrecy Act activities and investigations through self-study, seminars and professional organizations.
• Assist with problem solving and logical analysis of complex activities related to the Bank Secrecy Act.
• Assist in the implementation of new methods, processes and procedures to make daily operations more efficient.
• Work in cooperation with the bank personnel, corporate security and regulatory authorities.
• Prepare thorough documentation and forms for Suspicious Activity Reporting (SARs) referrals when necessary.
• Maintain detailed documentation on each case file including all communications between business units and/or customers and documentary support of findings.
• Effectively maintain high risk customer records, files, spreadsheets, cases and related documentation.
• Manage the daily Customer Identification Program (CIP) exception tracking and reporting process.
  * Ensure business account customers the appropriate North American Industry Classification System (NAICS) codes to classify business establishment for risk evaluation purposes.
• Comply with all applicable federal, state and local banking and industry related laws and regulations including but not limited to the Bank Secrecy Act and related laws and regulations.
• Incumbent may have access to customer accounts and/or sensitive and confidential information.
  * Monitor the Enhanced Due Diligence reviews and the outstanding BSA document requests.
• May collaborate with bank officers and branch managers to resolve outstanding CIP exception issues.
• May work with account officers and branch managers to resolve outstanding CIP exception issues and/or close accounts for non-compliance.
• Performs all other duties and special projects as assigned.
• Assists and provides support to areas of branch operations and other bank departments as needed in order to develop effective processes and better serve bank customers.
• Other duties as assigned by management.
• Research compliance laws and regulations and provides guidance to bank clients.
• Operates computer terminal or personal computer to process account activity; determine balances and resolve problems within given authority.
• Provides effective customer service by answering employee and customer questions.

The position of BSA Analyst performs duties specific to the position and other functions as assigned.

The position of BSA Analyst is not responsible for the supervision of any employee(s).

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made…