BSA Monitoring Analyst

BSA Monitoring Analyst

The BSA Monitoring Analyst is responsible for fulfilling the Anti-Money Laundering/Bank Secrecy Act requirements through identification and monitoring of suspicious activity, including but not limited to OFAC laws and the Bank's internal policies and procedures. Fully knowledgeable and capable of filling in on day-to-day assignments if necessary.

Responsibilities include:

• Primarily directly responsible for the BSA/AML function of monthly alert resolutions identified in the AML monitoring solution with full accountability for timely analysis, documentation and follow-up which are essential to the sound business operations of the bank.
• Responsible for preparing and sending clear and concise emails requesting information/documentation from account officers to substantiate changes in account activity patterns.
• Able to interact with all officers and/or department heads regarding alerts detected in the Bank's monitoring system.
• Meets assigned deadlines to include all regulatory deadlines by escalating alerts in a timely manner that may require further review and investigation by more senior level BSA analysts.
• Prepares Suspicious Activity Reports (SAR's) in an accurate and timely manner for Management review and approval.
• Responds to any incoming BSA questions and provide necessary guidance to Account officers and/or Junior BSA Monitoring Analyst.
• Responds to the other BSA units with any questions regarding the alerts cleared or escalated for further review.
• Provides assistance to the FIU Manager and/or Team Lead in the preparation of audits and regulatory examinations.
• Takes the lead on making BSA requirements as easy as possible for the frontline staff to fulfill.
• Supports the BSA/AML Officer, FIU Manager, and/or Team Lead in BSA-related projects/initiatives that may be assigned from time to time.
• Supports other monitoring analyst positions during vacations and sick times.

Qualifications include:

• Minimum 2 years BSA/AML working experience. Required
• Ability to analyze and interpret data.
• Excellent organizational, communication skills and attention to detail.
• Good analytical skills and "follow through" skills.
• Good written and verbal communication.
• Proficient in the use of the Internet.
• Knowledge of various systems including core Banking systems, Hyland Web Director, BI and Microsoft Office required.
• Strong excel skills, including Pivot Tables.
• Must have ongoing sense of urgency and high level of flexibility.
• Maintain current on BSA/AML/OFAC news and events as well as regulatory updates.

Education:

• Bachelor's Degree in Business or an equivalent combination of education and relevant professional experience may be considered in lieu of a degree.

Special Instructions to Candidates:

• Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.
• Please view Equal Employment Opportunity Posters here.
• The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
• Reasonable accommodation may be made to assist individuals with disabilities to complete the online application process. Please contact our Human Resources Department at 305-577-7680 or by e-mail at employment@citynational.com.