BSA Analyst

General Summary

Under general supervision, this position reviews and monitors activity pertaining to the Bank Secrecy Act and Anti-Money Laundering Program using industry standard and regulatory guidance to ensure the bank’s compliance with BSA/AML regulatory requirements is maintained on a daily basis.

Principal Duties and Responsibilities

• Responsible for staying up to date on and complying with all applicable banking laws and regulations as well as CNB policies and procedures.
• Maintain appropriate knowledge in laws and regulations pertaining to the Bank Secrecy Act/Anti- Money Laundering (BSA-AML), OFAC (Office of Foreign Asset Control (OFAC), Customer Identification Program (CIP).
• Assist in completing and filing Currency Transaction Reports accurately and within regulatory deadlines.
• Assist with monitoring and reviewing Phase I and Phase II CTR exemptions.
• Assist in maintaining OFAC Compliance by reviewing and disposition potential OFAC matches withing the AML software.
• Disposition BSA/AML alerts withing the BSA/AML software in a timely manner.
• Maintain, review, and monitor high risk customer accounts, money services businesses, and cash intensive businesses.
• Assist BSA Officer with audit and exam preparation.
• Assist in the preparation of the Money Laundering Risk Assessment for the OCC.
• Assist with the administration of BSA/AML software.
• Maintain regular and punctual attendance.
• Work cooperatively with others.
• Work overtime as needed.
• Perform other duties as required or assigned which are reasonably within the scope of the duties in the job classification.

Skills and Abilities Required

• Be familiar with all aspects of BSA/AML/OFAC
• Detail oriented and problem-solving skills
• Self-Motivated
• Ability to maintain good interpersonal relationships with coworkers in all bank departments.

Working Conditions

• Secure work area due to sensitive customer information
• Moderate noise level produced by bank equipment.
• Considerable effort and eyestrain from continuous computer use.

Physical Requirements

• Occasionally move office equipment, and files weighing 10+ pounds.
• Constantly operates a computer, a calculator, copy machine, printer, and other office equipment.
• Must be able to remain in a stationary position 75% of the time to process work.