BSA Analyst 2

Job Summary 

The Senior BSA Analyst assists in the execution of the Bank’s Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) Compliance Program. The Senior BSA Analyst supports the BSA/AML processes. This position assists the Bank in detecting unusual or suspicious activity in a timely manner, while safeguarding the integrity of the Bank and ensuring Bank compliance with BSA/AML and OFAC regulations. This position is also responsible for assisting other BSA Units, participating in projects and other assignments to prevent the bank from exploitation by money laundering or terrorist financing activities. The Senior BSA Analyst follows department procedures and complies with the FFIEC BSA/AML Examination Manual.

Enhanced Due Diligence (EDD) 

• Perform EDD reviews on high-risk entities and individuals to document rating rational.
• Analyze customer data for AML/OFAC concerns.
• Work with frontline staff to resolve any outstanding information for customer profiles.
• Resolves complex problems or issues, where expertise is required to interpret policies, regulations, guidelines, or processes.
• Reviews and responds to 314(b) requests as needed.
• Perform Customer Due Diligence alert reviews.

Key Responsibilities

• Perform research, including negative news searches, through the Bank’s systems, online public databases and subscription-based database resources.
• Proficient knowledge of BSA/AML software to adequately detect, review and report suspicious activity.
• Stay up to date and knowledgeable on AML/OFAC regulatory requirements and FinCEN updates.
• Performs special projects and other related duties as assigned or requested. Additionally, may be tasked with assisting other teams within the BSA Department, such as OFAC, CTR or EDD teams.
• Ae and research complex information to submit comprehensive recommendations regarding potentially suspicious and/or high-risk activity.
• Partners with cross function peers to train and assist, if needed.
• Effectively communicate and assist Bank and branch staff on any BSA related questions or issues.

Compliance Responsibilities 

Complies with all applicable state and federal banking laws, regulations, and internal policies related but not limited to lending, operations, and deposit requirements, including Bank Secrecy Act (BSA), Anti-Money Laundering (AML) requirements, Office of Foreign Assets Control (OFAC) regulations, Customer Identification Program (CIP) requirements, Financial Elder Abuse reporting laws, Sexual Harassment prevention policies, information security and privacy requirements. 

Required Knowledge 

• Sound judgement, integrity and commitment to ethical behavior
• Ability to maintain confidentiality and treat sensitive information with discretion
• Bank Secrecy Act
• OFAC 
• USA Patriot Act
• Flexible and able to adapt quickly to changing work environments / priorities and tight deadlines

Knowledge, Skills and Abilities 

• Proficient knowledge of BSA / AML software to adequately detect, review and report suspicious activity.
• Clear understanding of the English Language (Spoken & Written) 
• Basic Mathematics Skills
• Customer Service Skills
• Critical Thinking, Judgment & Problem Solving Skills
• Proficient in Microsoft Excel, Word, Outlook 

Equipment Operated 

• Operates standard electronic computers and customary office equipment required to perform essential job functions.
• Use of equipment is required, with or without reasonable accommodation, in accordance with the Americans with Disabilities Act (ADA) and the California Fair Employment and Housing Act (FEHA).

Physical Requirements & Work Environment 

The physical demands and work environment characteristics described below are representative of those that must be met by an employee to successfully perform the essential functions of this position. Nothing in this description is intended to limit the availability of reasonable accommodation under applicable law.

• Ability to perform repetitive movements associated with office and computer-based work.
• Ability to sit and or stand for extended periods of time to perform essential job functions.
• Ability to lift, carry, or move objects weighing up to 25 pounds, with or without reasonable accommodation.
• Ability to use hands and fingers to manage, manipulate, or feel objects and operate standard office equipment.
• Work is primarily performed in an office environment with a controlled temperature and standard office conditions.

Education and Experience 

• High School Diploma or equivalent required
• 5+ years of banking experience with an emphasis on customer service 
• 5+ years of banking experience with BSA/AML/OFAC 
• CAMS Certification preferred but not required

Minimum Absence Requirement

Some positions within the Bank have been designated as sensitive positions due to access to critical systems, records, or processes. In accordance with Bank policy and sound internal‑control practices, employees in sensitive positions are required to complete a mandatory consecutive absence from essential duties each calendar year to support segregation of duties and independent review.

The required absence will be scheduled in coordination with management to ensure continuity of operations. Administration of absence, including paid or unpaid status, will comply with all applicable federal, state, and local wage and hour and leave laws, including California requirements.

 Exempt from Minimum Absence Requirement:

• This position is classified as a non‑sensitive position and is not subject to the annual minimum absence requirement.

Officer Title Eligibility 

For qualified positions, the Bank may designate an Officer Title based on the role’s job level, scope of responsibility, and alignment with established competency frameworks. Eligibility for an Officer Title designation is contingent upon the employee meeting defined competency, performance, and experience requirements and is governed by applicable Bank policies, governance standards, and required approval processes.

• This position is not eligible for an Officer Title.

Disclaimer

This job description is intended to describe the general nature and level of work being performed and is not intended to be an exhaustive list of all duties, responsibilities, or qualifications. Employees may be required to perform other duties as assigned, consistent with business needs and applicable law.

Farmers and Merchants Bank of Long Beach reserve the right to modify, amend, or discontinue job duties or requirements at any time. Nothing in this job description creates a contract of employment, either express or implied, or alters the at‑will nature of employment.