Adheres to Bank policies and procedures and complies with all State and Federal banking regulatory requirements, including but not limited to Sarbanes-Oxley Act, Bank Secrecy Act, Anti-Money Laundering, OFAC, Customers Right to Privacy Act, Regulation D, Regulation DD/Truth in savings, USA Patriot Act, CIP, Elder Care, Sexual Harassment, Information Security and Privacy requirements as they pertain to this position.

POSITION OVERVIEW

The BSA Analyst II is responsible for assisting the SAR/Transaction Monitoring Team Lead and supporting the BSA Officer on day-to-day implementation of Bank’s BSA review, investigation, account identification, analyzing and reporting any activity believed to be associated with unusual and suspicious account activity such as potential structuring, money laundering or terrorist financing to ensure the Bank complies with the Bank Secrecy Act and USA Patriot Act. This includes being responsible for ongoing monitoring, alert reviews, escalation, and subsequent reporting of suspicious activity to meet regulatory requirements. 

 POSITION RESPONSIBILITIES

• Responsible for investigating customer transactions using AML software and various bank systems.
• Retrieve information from various sources (internal and external) to assist with investigation.
• Ability to review and analyze transactions to determine if they are suspicious in nature and take appropriate actions to support alert dispositions and maintain proper documentation.
• Prepare and submit Suspicious Activity Reports according for FinCEN guidelines.
• Substantiate no-SAR decisions with sound and documented analysis.
• Assist with daily validation of system data to ensure timely alert generation.
• Keep direct supervisor aware of significant events that may impact day-to-day production.
• Comply with 314a information requests by screening law enforcement lists against the customer and transaction database and timely report positive matches.
• Assist in training and mentoring junior staff in investigation techniques, transaction and behavior analysis, and recordkeeping standards.
• Complete all required bank training by assigned due dates.
• Maintain a strong understanding of BSA/AML/OFAC regulatory requirements.
• Keep up to date with the latest trends and investigative techniques.

SKILLS / QUALIFICATIONS

• Minimum of 3-5 years of BSA/AML compliance experience is highly preferred.
• Maintain a high standard of professionalism, confidentiality and security.
• Strong computer skills (Word, Excel, Outlook). 
• Excellent written and oral communication skills.
• Well-organized, analytical, and capable of performing multiple tasks.
• Strong time management skills.
• Ability to work in a fast-paced environment.
• Creative thinker.
• Internet savvy.

EDUCATION / EXPERIENCE

• Bachelor’s Degree in related fields of business or financing or equivalent experience is preferred.
• CAMS or AMLP certification a plus.