Senior BSA​/AML Analyst

Overview

Brief Description
:
The Senior BSA/AML Analyst is responsible for monitoring the account activity of traditional banking, Money Services Businesses, Fintech, foreign and domestic customers, foreign banks, and is a subject matter expert for BSA/AML compliance.

The Senior BSA/AML Analyst is responsible for monitoring the account activity of traditional banking, Money Services Businesses, Fintech, foreign and domestic customers, foreign banks, and is a subject matter expert for BSA/AML compliance.

• Conduct High-Risk Reviews (HRR), including EDD assessments and full activity reviews.
• Review and disposition transaction monitoring alerts; escalate alerts to cases as appropriate.
• Lead case investigations and prepare detailed case narratives.
• Draft, document, and submit SARs in accordance with regulatory and internal standards.
• Perform ad hoc analyses, project work, and regulatory request support.
• Analyze and research customer account activity to identify suspicious transactions.
• Monitor customer transactions with a focus on jurisdictional risks associated with the customer’s location or the location of a counter party.
• Identify and report on complex transaction patterns.
• Monitor and analyze international wire settlement, SWIFT message operations, and counter party risk involving international senders/receivers.
• Understand and communicate complex transaction patterns for potential suspicious activity report filing.
• Monitor and analyze various sanction programs and investigate potential OFAC matches.
• Stay current on industry and regulatory requirements and issues.
• Act as the subject matter expert for the transaction monitoring team.
• Provide guidance and training to junior BSA/AML analysts and other department personnel involved in processes owned by the Compliance Department.
• Contribute to the design and execution of compliance training as needed.
• Contribute to the design and execution of compliance risk assessments and reviews as needed.
• Support various committees by creating charts and tables and by drafting memos for presentations.
• Perform other related duties to benefit the mission of the organization.

• Minimum 5 years’ experience required in one or more related fields, including risk-advisory, banking, internal audit, regulatory compliance, BSA/AML Compliance, foreign correspondent banking, Money Service Business, and/or Fintech companies.
• Experience using cryptocurrency risk monitoring/intelligence tools such as Elliptic, TRM Labs, Cipher trace, Chainalysis, etc., preferred.
• Experience using automated BSA/AML monitoring systems and performing manual transaction monitoring tasks.
• Strong investigative skills using a suite of tools and systems, as well as open-source research related to foreign and domestic companies and individuals.
• Experience with international payments, cryptocurrency, and wire transfers preferred.
• Ability to quickly learn and adapt to new concepts and demonstrate competence in a complex financial services environment.
• Creative, flexible, responsive, solutions-driven approach to problem solving.
• Willingness and capability to work in a team environment and with other departments with minimal direction while meeting tight deadlines.
• Ability to exercise sound judgment when solving problems through researching and analyzing issues.
• Strong understanding of data analytics using Microsoft Excel’s pivot tables, v-lookups, or other similar data analysis tools.
• Proficient in using other Microsoft Office software.
• Possess superior analytical and critical thinking skills.
• Strong attention to detail and organizational abilities.
• Excellent communication and teamwork skills.
• Exceptional follow-up and follow-through mindset and abilities.

UTB

Employee Benefits:

Benefits

As a full-time UTB employee, you’ll enjoy an array of benefits, including a generous Paid Time Off allowance available for use during your first year, along with a great paid holiday schedule. We also offer our employees a selection of other benefits, including:

• Medical
• Dental
• Vision
• Telehealth
• Health Reimbursement Arrangement (HRA)
• Flexible Spending Account (FSA)
• Health Savings Account (HSA)
• 401K with Employer Match
• Life Insurance – Employer Provided
• Supplemental Life - Voluntary
• Short-term Disability
• Long-term Disability
• Employee Assistance Program
• Prescription Discount
• Discount Legal Services
• Protection Services

UTB is an equal opportunity employer. Qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.