BSA Analyst ; or higher

Position: BSA Analyst I (or higher depending on experience)
Summary

This position is responsible for reviewing Yellow Hammer BSA identified suspects on a daily basis. Assists the BSA/OFAC Officer with the implementation and administration of the Bank Secrecy Act's Fin Cen 314 (a) requests, and OFAC Compliance.

Essential Functions

Analyst Responsibilities:

* Reviews Yellow Hammer Cash Work Lists, Specialized Work Lists, and High Risk Customer Work Lists on a daily basis

* Investigate potentially suspicious activity

* Investigate potentially high risk customers

* Compile evidence and documentation in compliance with the bank's BSA/AML policy, procedures and regulatory requirements

* Perform periodic file reviews (including review of complex relationships) ensuring activities are reviewed across the spectrum of products and services used by the customer

Fin Cen 314 (a) Requests:

* Assists the BSA/OFAC Officer with the management of all programs and systems utilized by the bank to research 314(a) requests

* Responsible for retrieving 314(a) case information when posted to the secure information sharing system

* Upload of 314 (a) requests into the Yellow Hammer BSA Software

* Researches active and closed accounts against Fin Cen 314(a) requests; researches active and monetary logs against Fin Cen 314(a) requests

* Distributes FinCEN 314(a) requests to various departments; must ensure departments research and return request within a given amount of time

* Responsible for notifying Fin Cen and appropriate personnel of any positive matches found

OFAC:

* Assist the BSA/OFAC Officer in the developing, maintaining and implementation of policy and regulatory procedures related to OFAC compliance bank wide

* Conducts independent monitoring and testing of bank systems, and third party vendors for compliance procedures and processes

* Monitor daily reports of OFAC activity within JHA products used by the bank to ensure compliance Communicate with branches and other departments personnel on issues related to OFAC compliance

* Working with other departments and control functions to ensure new rules are appropriately implemented and monitored

Political Exposed Persons

* Manages PEP updates to ensure compliance with BSA's Customer Due Diligence program to include all programs and systems utilized by the bank

* Conducts Batch file processes

CSI Watch Dog PRO - OFAC/PEP Software

* Knowledge and administration of software used by bank personnel

Additional Responsibilities

* Provides support to special projects as needed

* Assist BSA Officer with bank-wide BSA Training

* Other department duties as assigned

Required Education, Experience, Skills

* Minimum one year bank operations experience.

* Knowledgeable of BSA (Bank Secrecy Act)

* Knowledgeable of bank teller operations preferred.

* Strong analytical skills.

* Strong math skills and familiarity with basic accounting.

* Strong communication and writing skills.

* Proficient with Microsoft Office, to include Word and Excel

Equipment Used

* Standard office equipment such as computers, phones and photocopiers

Supervisory Responsibility

* N/A

Working Conditions/Physical Requirements

* Office setting

West Star is an Equal Opportunity Employer and does not discriminate on the basis of any protected trait, including gender, race, ethnicity, disability, or veteran status.