Senior BSA Analyst
Senior BSA Analyst
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Job Description
Date: June 30 2025
Job Location: First Farmers and Merchants Bank 816 South Garden Street Columbia TN 38401
Education Level: (1) A bachelors degree or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelors degree (e.g. information technology certifications in lieu of a degree).
Job Type: Full Time
VEVRAA Federal Contractor
Request Priority Referral of Protected Veterans
EOE Females/Minorities/Protected Veterans/Disabled
Role:
The Senior BSA Analyst primary responsibility is to support all areas of the BSA compliance management system. This position assists in maintaining the Banks BSA compliance program to ensure conformity and adherence with all applicable state and federal laws and regulations. Assists with the oversight and management of the BSA/AML program and software in collaboration with the BSA/OFAC Officer. Manages more complex investigations and monitoring of transactions and high risk customers related to possible suspicious and fraudulent activity. Assists with audits risk assessments Board training and 314(a) and 314(b) responsibilities
Essential Functions & Responsibilities:
E 30% Assist with BSA/AML functions by performing routine reviews to identify trends unusual activity and monitor large currency activity in a time-sensitive and investigative manner.
E 10% Assist BSA Officer with the development and review of BSA policies processes and procedures within regulatory guidelines to comply with BSA and OFAC laws.
E 10% Independently complete reviews of higher risk customer categories.
E 10% Assist BSA Officer with BSA/AML automated software provisioning controls parameter settings testing and validation to ensure effectiveness to identify suspicious and fraudulent activity. Evaluate software releases and make recommendations.
E 10% Manage more complex investigations and investigate suspected cases of activity related to money laundering terrorist financing and tax evasion. Collaborate with Fraud Team on case management.
E 5% Answer more complex BSA and OFAC related questions from personnel using established BSA resources and escalate to BSA Officer as needed.
E 5% Assist BSA Officer with various duties including preparing for independent audits and regulatory exams as well as delivering BSA/AML/OFAC related training to all areas of the organization as needed.
E 5% Assist with the assessment of the Banks BSA/AML risk profile to apply appropriate risk management processes.
E 5% Assist in gathering data for reporting as needed for various levels of management up to and including the Board of Directors.
E 5% Assists in analyzing new and pending laws and regulations that could directly affect the Banks current practices.
E 5% Assist with 314(a) and 314(b) responsibilities.
Performance Measurements:
1. To comply with the letter and with the spirit of the banks Code of Business Conduct and Ethics.
2. To maintain the confidentiality of customer and any other sensitive information.
3. To maintain a continuous study of applicable State and Federal Laws to ensure the banks policies and procedures remain compliant with the appropriate laws.
4. To prepare periodic reports timely accurately and professionally.
5. To keep management informed of key operating issues affecting the department.
6. To develop and maintain a positive and productive working relationship with department/branch staff.
7. To complete required training and undertake additional training as needed to increase job knowledge and maximize productivity.
Knowledge and Skills:
Experience Five years to eight years of similar or related experience.
Education (1) A bachelors degree or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelors degree (e.g. information technology certifications in lieu of a degree).
Interpersonal Skills Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating influencing and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.
Other Skills Proficiency in using BSA/AML transaction monitoring software (Abrigo BAM preferred). Strong understanding of BSA/AML and OFAC regulations. Ability to research analyze data and derive facts
Physical Requirements The person in this position needs to frequently move about inside the office to interact with associates and access office machinery and file cabinets. The person in the position constantly operates a computer and other office productivity machinery such as a calculator photocopier and printer.
Work Environment This job operates in a professional office environment. This role routinely uses standard office equipment such as calculators computers phones photocopier filing cabinets and fax machines.
Required Experience:
Senior IC
Employment Type
Full-Time
