BSA Analyst

2510-2 BSA Analyst – Tennessee Bankers Association

The BSA Analyst will be responsible for ensuring that the financial institution complies with anti‑money laundering (AML) laws and regulations; monitor transactions, investigate suspicious activities, and report any potential money laundering or fraud to regulatory authorities.

• Analysis of BSA/AML alerts within established time frames and following alert processing guidelines.
• Recommend alerts to send to case for further evaluation of suspicious activity.
• Manage BSA cases by analyzing and documenting results of activity and supporting documentation, resulting in a recommendation to file or not to file a Suspicious Activity Report (SAR).
• Participate in SAR completion process including SAR filing, SAR committee, SAR narratives, Quality Review, and SAR re-files.
• Utilize multiple systems including but not limited to core banking, AML monitoring software, check imaging software, document imaging software and online resources to analyze transaction activity and identify unusual patterns.
• Conduct enhanced due diligence on high‑risk customers and recommend changes to risk ratings when warranted.
• Prepare and maintain documentation necessary to fulfill regulatory and third‑party audit requirements.
• Monitor Customer Due Diligence (CDD) questionnaires for completion and follow up with responsible departments for corrections as appropriate.
• Evaluate CDD alerts for unidentified high‑risk customers generated by the AML monitoring system.
• Monitoring proper and correct completion of beneficial owner documentation as required for business deposit accounts and commercial loans.
• Complete verification and filing of Currency Transaction Reports (CTRs) within regulatory deadlines.
• Complete analysis of watch list alerts including possible matches to OFAC SDN lists, sanctioned countries, politically exposed persons, and internal lists.
• Provide backup coverage as needed for all BSA AML related tasks.
• Participate in annual required BSA/AML training.
• Serve as a resource for internal departments.
• Perform other duties as assigned.

• BA or BS degree preferably in finance, accounting or related discipline, or equivalent work experience.
• A minimum of 3 years BSA/AML or related banking experience preferred.
• Must have at least basic knowledge in all areas of the BSA/AML and regulatory requirements.
• Experience using BSA/AML or Fraud monitoring systems preferred.
• Must possess excellent verbal and written communication skills.
• Must be self‑motivated with excellent analytical and investigative skills.
• Must be willing to attend BSA/AML training sessions both on and off bank premises.
• Must possess at least intermediate technology skills, including fluency in Word, Excel and Outlook applications.
• Onsite position in Jasper, Tennessee.

Qualified candidates should submit their resume to leci
.