Summary
The BSA Financial Crimes Investigation Analyst I is responsible for the ongoing review of system-generated transaction monitoring reports and investigating situations involving unusual or suspicious activity of non-complex transactions. This position will also conduct the back-office processing for completion of Currency Transaction Reports (CTRs). Additionally, the BSA Financial Crimes Investigation Analyst I will review, maintain, and update data in other areas of compliance related to the BSA (Bank Secrecy Act) and other AML (anti-money laundering) laws and regulations.
Responsibilities
- Analyze currency transaction data and complete CTRs electronically.
- Manage, complete, and maintain the annual CTR exempt review.
- Meet daily CTR filing deadlines.
- Meet high volume of alert review deadlines.
- Investigate accounts and make recommendations to either clear or to further investigate.
- Make sound subjective decisions when suspicious activity is detected and document decisions accurately.
- Actively participate in career development, 1:1's, department meetings and complete other specified duties related to BSA compliance as may be assigned.
- Attend BSA/AML compliance training sessions to maintain current knowledge of industry best practices, laws, regulations, policies, and procedures applicable to BSA/AML/CFT.
- Maintain a 90% or higher Quality Control score each month.
- Conduct all duties in compliance with applicable laws, regulations, and bank policies and procedures.
- Contact branch associates and other business units for clarification of client activity, as needed, while maintaining client information in complete confidence.
- Make sound, risk-based conclusions and recommendations to clear activity or conduct additional monitoring.
- Understand, communicate, and instill the Company’s mission, vision, and values (Pillars of Success).
- Complete monthly training in a timely manner to ensure knowledge of bank regulatory requirements, policies, and procedures.
- Working at the worksite during regular business hours and/or assigned hours.
- Other specified duties as assigned.
Compensation & Benefits
The BSA FCI Analyst I position pays a minimum of $21.63.
Full‐time associates are eligible for our benefits package:
- Medical
- Dental
- Vision
- 401(k) plan
- Company paid life insurance
- Short and Long-term disability insurance
- Company paid vacation, paid leave and holidays
This position will remain open until a qualified applicant is hired.
Qualifications
Skills
- Ability to be adaptable and flexible while responding to deadlines on assignments and workflow fluctuations in a multi-task, high-volume environment.
- Ability to establish working relationships with branch associates and other business units as well as maintain effective working relationships externally.
- Ability to handle confidential information in a mature and professional manner.
- Excellent interpersonal, oral, and written communication skills.
- Excellent time management skills with the ability to work both independently and as a member of a team.
- Focus, attention to detail, problem-solving skills, and a strong attitude in favor of high-quality work.
- Proficient in Microsoft Word and Excel.
- Self-motivated and results oriented.
- Strong organizational skills.
Education & Experience
- High school diploma with two to three years of overall banking experience, required. Experience in account opening or transaction processing, preferred.
- One year of investigation experience in BSA/AML compliance, preferred.
- Good understanding of banking or financial business operations and systems.
- Ability to handle confidential information in a mature and professional manner.
Physical Requirements
The work environment is typical of a standard office or retail banking setting. The position is sedentary, involving sitting most of the workday; however, the position will involve moving about the workspace to reach entrances/exits, restrooms, conference rooms, or other areas within the work environment. Reaching may be required involving the ability to move arms in any direction. Office equipment, such as a computer and telephone, will be used requiring the ability to manipulate a keyboard, mouse, and/or keypad. The ability to decipher a computer screen or written documents is necessary. The ability to express or exchange ideas; impart information to clients, coworkers, or the public; or to convey detailed or important instructions; is required. The ability to receive and understand detailed information shared through oral or written communication is required. Position requires lifting and/or the exerting of up to 10 pounds of force.
