Bank Secrecy Act Analyst II

The BSA Analyst II is responsible for monitoring the organizations internal policies, procedures, and controls to assure compliance with anti-money laundering regulations and rules. Duties and responsibilities include:
Analyze AML system generated alerts against customers' profiles to determine whether the alert requires more review/analysis. Prepare BSA Reviews to address to the respective Business and Operations line Officers and their respective Regional Managers. Ensure timely resolution of alerts that become investigations. Render opinions and conclusions for each analysis. Provide the BSA Supervisor and/or the BSA Manager with any recommendations to file SARs.

Provide ongoing assistance and AML guidance to Account Officers and other bank personnel to help ensure that the proper documentation is obtained to clear the reviews in a timely manner. Ensure that the AML system properly reflects the reviews conducted and the ultimate disposition of the review. Perform quality control reviews of work and documentation. Provide timely feedback and assistance to the Team Lead, as defined by management.

To identify, evaluate, monitor and make any recommendation deemed necessary to their respective Risk Management Committee in order to assess, reduce, eliminate or control any current or prospective risks to earnings or capital arising from violations of, or nonconformance with, laws, rules regulations, prescribed practices, internal policies and procedures or ethical standards.

Minimum Education and/or Certifications Requirements:
Bachelor’s degree in Banking or Finance, and specific banking institute courses. Minimum Work Experience Requirements: 3+ years’ experience in BSA or bank auditing Technical and/or Other Essential Knowledge:
Proficiency using Microsoft Office 365 products including MS Word, MS Visio, MS Excel, MS Teams, and MS PowerPoint