BSA Analyst

Overview

The primary function of this position is to assist and support C&F Bank’s Corporate BSA Officer to ensure all regulatory requirements are met related to adherence with the Bank’s BSA Compliance Program. The BSA Analyst is primarily responsible for assisting the Corporate BSA Officer with BSA related functions such as analysis and disposition of system generated alerts, which include Bank Secrecy Act (BSA), Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) alerts;

review, and entry of customer on-boarding documentation for CDD, currency transaction and monetary instrument reporting, and other duties as assigned. The decisions and recommendations made by the Analyst shall be relied upon by the management team and may have a direct impact on the business operations and the servicing of customer accounts, which may also carry legal and regulatory compliance obligations.

Completion of Objectives Assigned:

• Review/entry of BSA/AML related reports and documents from the on-boarding process, including CDD and Identity Verification (IDV)
• Disposition of BSA, CDD and EDD alerts
• Reviews and/or prepares daily, weekly, monthly, and quarterly reports as assigned
• Review system generated daily reports for Monetary Instrument Log (MIL) and Currency Transaction Reports (CTR)
• Assists with annual CTR Exemption Reviews and maintains the "exempt list"
• Keeps abreast of Bank Secrecy regulations, especially as related to developments in Anti-Money Laundering techniques, controls and monitoring
• Monitor non-resident alien (NRA) and missing TIN reports and follows up accordingly on missing or inaccurate TIN
• BSA support
• Special projects and other duties as assigned

Experience:

• Experience:
  
  0–2 years banking or compliance preferred.

Education:

• High School Diploma or equivalent required.
• Associate’s or Bachelor’s degree preferred (Finance, Criminal Justice, Business, or related). Equivalent experience considered.

Knowledge, Skills, and Abilities:

• Strong working knowledge of Microsoft Office
• Excellent organization skills including attention to detail and multitasking skills
• Strong interpersonal skills and extremely resourceful
• Highly organized and capable of dealing with multiple projects simultaneously
• Ability to work independently and adhere to strict regulatory time frames
• Ability to conduct thorough investigations and a focus on detail

Travel:

0-10%

Physical demands:

Employee may experience the following physical demands for extended periods of time: view computer monitors, keyboarding, sitting, motion of fingers/hands/wrists, and standing/walking.

Work Environment:

Work is performed onsite in an operational office environment.

Note:

This job description contains the essential functions, duties, and responsibilities of the position in accordance with the Americans with Disabilities Act (ADA). Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. C&F Bank reserves the right to make future revisions to this job description and the inherent responsibilities of the position based on the needs of the organization.

Equal Employment Opportunity Statement -- C&F is committed to providing equal employment opportunity to all qualified persons and reaffirms in policy and practice that it shall not discriminate against applicants or employees because of race, color, religion, gender, age (over 40), disability, genetic information, veteran status (disabled veterans, recently separated veterans, active duty wartime or campaign badge veterans, Armed Forces service medal veterans, and Vietnam era veterans), national origin, or any other consideration protected by applicable federal, state, or local law.

This applies to all areas of employment, including promotion, transfer, layoff, termination, compensation, benefits, recruitment advertising, recruitment, and selection for training.