BSA Analyst I
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
SUMMARY
Works closely with the BSA Department to ensure that all departments within the Bank are compliant with BSA Requirements and is responsible for overseeing a portion of the day-to-day monitoring reporting and control processes within the BSA department. The BSA Analyst I is actively engaged with other departments within the bank to assist in clarifying BSA requirements and ensuring that their procedures cover necessary BSA elements.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Actively investigates flagged transactions. This includes analyzing alerts generated by the Banks monitoring systems and escalating cases when necessary.
- Prepare clear thorough narratives and reports for each alert or case summarizing findings conclusions and disposition decisions.
- Effectively manages multiple cases and tasks prioritizes work and meets strict deadlines in a regulated environment.
- Exercises sound judgment in determining when to escalate alerts and how to resolve cases.
- Escalates all matters mentioned above to the VP BSA Supervisor or Senior Management if the items cannot be resolved.
- Support general BSA/AML compliance activities and other duties as assigned by the BSA Officer or their designee.
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
- Stay abreast of regulatory changes industry standards and best practices.
- Adheres to local state and federal laws
- 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.
SUPERVISORY RESPONSIBILITIES
This position does not have supervisory responsibilities
MINIMUM QUALIFICATIONS
- Bachelors degree from an accredited college or university or three years of related banking experience and/or training or the equivalent combination of education and experience. Comprehensive knowledge of bank products and services including Bank Secrecy Act compliance is required.
- Bank operational experience of no less than three years with exposure to branch and back-office operations as well as compliance functions.
- BSA/Compliance-specific experience of no less than one year with exposure to transactional analysis as well as general program and reporting requirements.
- Strong professional skills with emphasis on planning and organization. Strong and thorough knowledge of Bank policies and procedures. General knowledge of overall Bank products and services particularly those offered in a commercial banking environment.
- Ability to multi-task and manage multiple activities to completion within strictly regulated deadlines.
- Experience with FiServ or other major core and reporting applications is desired
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 accommodation may be provided 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.
- Ability to read count and write to accurately complete all documentation and reports
- Must be able to see hear and speak 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
Sedentary: Limited activity no lifting limited 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 accommodation may be made to allow differently abled individuals to perform the essential functions of the job within the environment.
- The workspace is clean orderly properly lit and ventilated with the proper safety compliance
- Noise levels are considered moderate
Required Experience:
IC
Key Skills
- Beauty And Fashion
- EMC
- Jewellery
- Arabic English Translation
- Business Analytics
About Company
Sunwest Bank is an entrepreneurial business bank built for entrepreneurs by entrepreneurs. Find bank accounts, financing, HSA and more banking services.
