BSA Analyst

The BSA Analyst identifies, investigates, and mitigates high-risk customer relationships and transactions to ensure full compliance with AML/KYC regulations. In this role, you will conduct deep-dive investigations, review high-risk customer activity, and file Suspicious Activity Reports (SARs) to prevent illicit financial activities and protect the institution.

Key Responsibilities

Analyze system-generated alerts for suspicious activity, such as structuring, money laundering, unusual wire transfers, or rapid movement of funds. Review Know Your Customer (KYC) and Customer Due Diligence (CDD) documentation for accuracy, ensuring beneficial ownership information is current. Review and validate risk ratings for new and existing high-risk customers.

Prepare, draft, and submit Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) to FinCEN. Maintain detailed, accurate records of all investigations to satisfy regulatory exams and internal audits. Ensure organizational compliance with the Bank Secrecy Act (BSA), USA PATRIOT Act, and OFAC sanctions.

Manage complaints and alerts, ensuring all reports for regulatory authorities adhere strictly to AML laws.

Education and Experience

College degree preferred. Strong, foundational understanding of the Bank Secrecy Act (BSA), PATRIOT Act, AML regulations, and OFAC requirements. Strong knowledge of fraud schemes impacting community banks (check fraud, ACH/wire fraud, account takeover, loan fraud, elder fraud, etc.) Excellent analytical, investigative, and communication skills.

Excellent interpersonal skills: including use of professional and clear verbal communication and writing skills. Physical Requirements & Working Conditions Ability to travel to branches, off-site training, and/or meetings required Lobby/professional office environment with moderate sound. EOE m/f/d/v