Analyst (2-5 years): $70K base

Senior Analyst (5 years): $85K base

• Review and evaluate the Transaction Monitoring system’s alerts (including related modules) for Low, Medium and High-Risk accounts as assigned and directed.
• Review and evaluate customer transactions upon referral from other Bank departments (UARs) or as otherwise directed.
• Follow up with branches for additional information needed to explain activity that has been identified as potentially unusual or suspicious.
• Identify and refer potentially suspicious activity for further investigation by grouping the suspect transactions and gathering supporting documentation.
• Complete investigations of potentially unusual or suspicious transactions by preparing and/or finalizing an investigation narrative and gathering supporting documentation in accordance with departmental guidelines.
• Prepare SARs in accordance with departmental procedures and templates.
• Justify alerts and UARs that are not deemed suspicious with detailed narrative in accordance with departmental guidelines.
• Perform and document Enhanced Due Diligence (EDD) analysis for High-Risk customers in accordance with departmental procedures.
• Perform quarterly Customer Identification Program (CIP) quality assurance reviews and report any systemic issues to BSA Management.
• Perform Annual CTR Exemption reviews as directed and in accordance with department procedures.
• Perform quality assurance reviews of prepared CTRs prior to filing.
• Assist in maintaining departmental policies and procedures.
• Assist with BSA/AML Compliance training development and updates for new employees and other Bank departments.
• Gather and provide data for quarterly Compliance Committee of the Board reports and updating of the Bank’s BSA/AML and OFAC Risk Assessments.