What are the responsibilities and job description for the BSA Analyst III position at Surety Bank?
Surety Bank is seeking a detail-oriented BSA Analyst III to join our BSA/AML Department. This is an entry-level BSA position that combines BSA/AML compliance responsibilities with cash logistics, transaction review, customer support, and other back-office banking functions.
The BSA Analyst III will assist with monitoring customer activity, reviewing transactions, processing customer cash orders, reviewing incoming deposits, maintaining required documentation, and identifying activity that may require additional review or escalation. The position requires strong attention to detail, sound judgment, and the ability to manage multiple daily responsibilities in a fast-paced banking environment.
Customer interaction is primarily conducted by telephone and email; this is not a face-to-face customer service position.
Duties and Responsibilities:
1. Monitor and process customer cash orders, including verifying available account balances, making necessary adjustments with customers, and maintaining required cash order ticket logs and supporting documentation.
2. Monitor incoming customer deposits requiring review and approval or deny transactions in accordance with established Bank procedures and authority.
3. Assist with monitoring customer account activity for unusual or potentially suspicious transactions.
4. Conduct basic transaction research, document findings, and escalate unusual activity or potential BSA/AML concerns for further review.
5. Assist with Customer Due Diligence (CDD), and requests for updated customer information and documentation.
6. Maintain accurate and complete documentation supporting BSA/AML and operational reviews.
7. Provide professional and timely customer service by telephone and email, including responding to questions and obtaining information or documentation when necessary.
8. Perform daily back-office banking duties and provide operational support as needed.
9. Follow established internal controls, including applicable dual-control and transaction verification requirements.
10. Maintain a working knowledge of BSA/AML/CFT/OFAC requirements and complete all required compliance training.
11. Maintain the confidentiality of customer, investigation, and Bank information.
12. Follow all Bank policies, procedures, internal controls, and applicable regulatory requirements.
Job Type: Full-time
Pay: From $20.00 per hour
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Experience:
- Bank Secrecy Act: 1 year (Required)
Work Location: In person
Salary : $20