What are the responsibilities and job description for the BSA FCB Analyst II position at Banesco USA?
Summary of Position
The BSA FBC Analyst II is responsible for assisting in the BSA/AML program for the Foreign Correspondent Banks. In addition, responsible to adhering to BSA/AML policies and procedures on the compliance of quarterly reviews and the exceptions and flags.
Essential Functions and Duties
- Responsible for assisting in gathering the information and documents for the monthly completion of ECS Profile Exceptions of the Foreign Correspondent banks (FCB).
- Responsible for gathering the information for the monthly completion of the ECS Flags of FCB.
- Assisting in the quarterly review of RDC and Wire Transfer activity of the FCB.
- Request information as needed from FCBs and review and input the information received.
- Responsible for checking the deposited checks through the OFAC database.
- Assist in the preparation of the monthly FCB Summary Report and Activity Summary Report for the Compliance Committee.
- Responsible for maintaining the BSA files for each FCB which includes documentation of the opening of the account, KYC, ownership, Patriot Act certification, Financial States, Licenses, Agreements, etc.
- Assist in the generation of the annual assessment of each FCB including following-up on obtaining updated information and documentation from each one and gathering transaction data.
- Responsible for completing annual training program assigned.
- Performs other functions and/or duties as assigned.
- Responsible for gathering and inputting data to establish CIF number for non-clients.
- Attend outside BSA/AML/OFAC training and conferences as assigned by the BSA Foreign Correspondent Bank Officer.
- Must comply with Banesco USA's BSA/AML Program.
- Responsible for completing annual training program assigned.
- Performs other functions and/or duties as assigned.
Qualifications Requirements
- Education: High School diploma or equivalent experience.
- Experience: Three (3) to Five (5) years of experience in BSA or Foreign Correspondent Banking.
- Advance computer skills including but not limited to proficiency in Microsoft Office (Word, Excel, Power Point, etc.)
- Must be bilingual in both English and Spanish. Ability to fluently speak, understand, read and write both languages.
- Strong verbal and written communication skills, ability to communicate at all levels of the organization.
- Strong attention to detail and accuracy.
- Ability to multi-task, with strong organization, time-management and prioritizing skills.
- Strong customer service skills, ensuring satisfaction of internal and external customers.
- Problem solving and analytical skills in order to identify problems.
- Advance knowledge of related State and Federal banking compliance regulations and operational policies.
- Knowledge of related state and federal banking BSA/ AML regulations.
- Ability to understand and comprehend instructions, procedures and policies ensuring compliance with the Bank’s policies and procedures.