BSA Analyst
BSA Analyst
Posted on :
20-09-2025
Employer Active
1 Vacancy
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Job Description
SUMMARY
Works closely with the BSA Manager or designee to ensure that Sunwest Bank (Bank) customers are compliant with Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) regulations and requirements; regulatory agencies requirements and expectations; and the Banks BSA/OFAC Policy. The BSA Analyst is responsible for assisting in the day-to-day monitoring reporting and control processes within the BSA department. This positionwill be actively engaged with the different BSA/OFAC processes and other departments within the Bank.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Responsible for assisting in day-to-day monitoring reporting and control processes within the BSA department.
- Responsible for the initial review of applicable Currency Transaction Reports (CTR) .
- Assist in conducting ongoing due diligence and enhanced due diligence (EDD) monitoring of high-risk customer relationships.
- Assist in conducting investigations from assigned cases or referrals received from branch staff.
- Ensuring compliance with Customer Identification Program (CIP) requirements.
- Reviewing the Banks watch list program (OFAC/314(a)/PEP) including uploading lists validating potential matches and reporting hits when applicable.
- Stays abreast of regulatory changes industry standards and best practices.
- Works closely with the BSA Manager to update the Banks BSA training programs Policies Procedures and Risk Assessments as necessary and appropriate.
- Serves as a point of contact for all BSA/OFAC-related matters including negative news potential matches on sanctions screening and unusual behavior raised by frontline staff.
- Escalate all matters mentioned above to the BSA Manager or BSA Officer if the items cannot be resolved.
- Attends training of BSA/OFAC and regulatory compliance matters.
ADDITIONAL RESPONSIBILITIES
- Demonstrates high degree of professionalism in communication attitude and teamwork with customers peers and management
- Demonstrates high level of quality work attendance and appearance
- Adheres to all Company Policies & Procedures and Safety Regulations
- Adheres to local state and federal laws
- Performs any other duties that may be assigned by warehouse manager
- Understands and complies with all company rules and regulations
- Attends training and maintains a basic knowledge of procedures to ensure compliance with laws and regulations governing financial institutions as they apply to your position and job responsibilities with an emphasis on the BSA/AML/OFAC Consumer Privacy Regulation CC Information Security FACT-Identity Theft Information Technology and GLBA.
- Additional duties as assigned as it relates to the position
SUPERVISORY RESPONSIBILITIES
This position does not have supervisory responsibilities
MINIMUM QUALIFICATIONS
- Preferably a Bachelors degree from an accredited college or university or 1year of related banking experience and/or training; or the equivalent combination of education and experience.
- Strong professional skills with emphasis on planning and organization.
- Ability to multi-task and manage multiple activities to completion within strictly regulated deadlines.
COMPETENCIES:
- Adaptability
- Communication
- Decision Making
- Initiative
- Innovation
- Motivator
- Organization
- Professionalism
- Results Orientated
PHYSICAL DEMANDS: In general the following physical demands are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to allow differently-abled individuals to perform the essential functions of the job.
- Standing walking and squatting less than fifty percent of the work shift
- Required to lift move and carry up to 40 pounds
- Ability to read count and write to accurately complete all documentation and reports
- Must be able to see hear and speak in order to communicate with employees and other customers
- Specific vision abilities include close vision distance vision peripheral vision depth perception and ability to adjust focus
- Manual dexterity required using hands to finger; handle feel and type; reach with hands and arms
(Check the box that applies by double clicking on the box.)
X Light: Office work some lifting bending stooping or kneeling walking
WORK ENVIRONMENT: In general the following conditions of the work environment are representative of those that an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to allow differently-abled individuals to perform the essential functions of the job within the environment.
- The work space is clean orderly properly lighted and ventilated with the proper safety compliance
- Noise levels are considered moderate
Sunwest Bank Is an Equal Opportunity Employer
Sunwest Bank works with staff members and customers without regard to race ancestry national origin sex marital status age religion medical condition handicap disability or veteran status and to assist the Bank in maintaining its Affirmative Action Program.
Compliance with Bank Secrecy Act laws and regulations is considered an extremely serious matter and it is intended that Sunwest Bank through the purposeful efforts of its employees and officers are expected to make every resolute attempt to conform to its Bank Secrecy Act Program and Procedures. Failure to comply will be reflected in their performance review as well as in any bonus compensation programs in which they may participate.
Attend and complete all required classroom computer-based web-based and seminar training. It is the individual responsibility of every employee to maintain a current awareness and understanding of and to fully comply with Sunwest Banks Code of Ethics and Conduct. Each employee is also expected to maintain an awareness of the laws regulations internal policies and procedures that are appropriate for his/her position
Note: The preceding job description has been designed to indicate the general nature and level and work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties responsibilities and qualifications required of employees assigned to this job. All job descriptions can be amended without notice as warranted by business necessity.
Required Experience:
IC
Employment Type
Full Time
Key Skills
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