BSA/AML Analyst I/II/III

This associate is charged with the responsibility of assisting the BSA/AML Department with the daily monitoring of account activity, detection, and documentation of suspicious activity in customers’ accounts and the subsequent filing of suspicious activity reports as required under the Bank Secrecy Act and the Bank’s BSA/AML Compliance Program and Procedures.

• Help identify and analyze on an ongoing basis, high-risk customers and other accounts for suspicious/unusual activity and compile complete and accurate documentation of the suspicious activity.
• Recommend for filing suspicious activity reports (SARs) as needed and ensuring complete documentation is secured and maintained as required by law.
• Recommend account closures as warranted under the account closing procedures set forth in the Bank’s BSA/AML Compliance Program and Procedures as directed by the BSA/AML Officer.
• Provide other assistance as requested to the BSA/AML Officer in the daily responsibilities of managing the Bank's BSA/AML Compliance Program.
• Attend BSA training annually, and as needed, based on revisions to the BSA requirements.
• Perform additional duties as assigned. 

Bachelor’s degree in business-related field with at least three (3) years of banking or business-related experience

-OR-

 Master’s degree with at least one (1) year of banking or business-related experience

-OR-

5 years of equivalent work experience in the banking industry (must include recent Retail Banking experience)

• Familiar with federal BSA / AML regulations.
• Familiar with bank operations in general.
• Computer skills
  • Word processing
  • Spreadsheets
• Analytical Skills
• Strong oral and written communication skills
• Interpersonal skills
• Detail oriented, accurate, and organized
• Self-motivated
• Multi-task oriented
• Must pass basic Word, Excel, and Writing testing (grammar, spelling, cohesiveness)

Additional Qualifications/Responsibilities for Level II: 

• Bachelor’s degree in business-related field with at least 2-3 years of banking or business-related experience.
• One or more years of anti-money laundering investigative experience required with acceptable work performance (both in case quantity and quality).
• Thorough working knowledge of federal BSA / AML regulations
• Good basic understanding of general bank operations
• Ability to investigate more complex BSA/AML activities
• Good Interpersonal skills
• Ability to train and mentor others on BSA/AML policies and procedures
• Complete triage process on AML system monthly reviews in order to quickly address those which are not truly suspicious, thereby making the activity review process more efficient.

Additional Qualifications/Responsibilities for Level III:

• Minimum 2+ years of anti-money laundering investigative experience required with acceptable work performance (both in case quantity and quality)
• Working knowledge of BSA/AML systems used to detect suspicious activity.
• Adequate understanding of general bank operations
• Effectively served in the Analyst I and Analyst II positions within the BSA/AML department.
• Excellent time management skills

Physical Requirements/Working Conditions:  Must be able to sit for long periods of time and use computer keyboard and/or mouse, while viewing computer screens.

Note: This is a brief description of this position and is not limited to those described herein. Management retains the right to add, delete or modify any of these responsibilities at any time during employment.