BSA Analyst Job Northern Kentucky USA,Finance & Banking

The BSA Analyst will report to the BSA Officer. This position will play a critical role in ensuring compliance with BSA/AML/CTF Regulations, OFAC, and Fraud prevention

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:

DR Bank is looking for a proficient individual that is highly experienced and passionate about innovative banking while ensuring compliance with AML/BSA/CTF and OFAC regulations.

Review and clear alerts on the AML/Fraud System.
Review and clear alerts generated from 314(a) information requests.
Initiate and respond to 314(b) requests.
Conduct investigations on suspicious activity and manage cases within the AML platform.
File SARs and CTRs.
Review and clear OFAC alerts received from Branches and Deposit Operations.
Conduct EDD reviews on High-Risk Customers.
Collaborate with multiple stakeholders, Fin Tech partners, and business lines to ensure alignment with regulatory requirements and industry best practices.
Monitor compliance with requirements across Retail Banking and Fin Tech programs and ensure timely reporting and escalation of non-compliance in accordance with established procedures.
Conduct QC reviews of LaaS programs to ensure applicable laws are adhered to.
Provide audit and examination support to ensure successful audits and exams and promptly address any findings.
Identify trends in relation to fraud and develop mitigating controls to address inherent fraud risk.
Attend job related seminars, webinars, and conferences as needed to keep abreast of regulatory changes and trends.
Perform other functions as assigned by the BSA Officer.

KNOWLEDGE, SKILLS and ABILITIES:

Financial crimes investigations.
Superior analytical and critical thinking skills.
Hands-on experience with the day-to-day operations of AML/BSA/OFAC and Fraud.
Knowledge of federal and state regulations and keep up to date with the ever-changing regulatory requirements.
Ability to convey complex subjects in a manner easily understood by others.
Excellent communication and interpersonal skills.
Self-starter, problem solver, ability to multi-task, and thrive on delivering results.
Must be able to work independently while remaining a team player

EDUCATION/EXPERIENCE REQUIREMENTS

High school diploma or equivalent work experience.
College degree or equivalent work experience.
Advanced degree or equivalent experience.

Required Years of

Work Experience:

5+

PREFERRED KNOWLEDGE SKILLS AND EXPERIENCE FOR THIS JOB:

Preferred Education/

Experience:

At least 5 years of job-related experience.
Experience with Verafin.
Experience with Fin Tech LaaS and BaaS with a specialized focus on the payment’s ecosystem.
Comfortable adapting to and thriving in a dynamic, fast paced environment.

Preferred Licenses/Certifications

CAMS or CFE or willing to take examination to become certified.

Salary Range

$75,000 – $90,000 annually