Bsa Analyst

At ServisFirst, Our Name is Our Mission.

DUTIES AND RESPONSIBILITIES

The BSA Analystis responsible for functions involved with the daily monitoring of activities related to the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program, and assisting management with ensuring compliance with regulations, bank policies and procedures.

The incumbent will:

• Write detailed reports and documentation as needed.

• Review daily Currency Transactions Reports (CTRs) completed by branch and back-office personnel.
• Review core system cash transaction reports to ensure they coincide with the CTRs generated in the BSA/AML monitoring system.
• Ensure the required information for the currency transactions exceeding $10,000.00 is submitted to the FinCEN in a timely manner.

• Conduct CTR exemption initial and annual reviews.
• Review suspicious activity alerts and identify those that require additional investigation.
• Write detailed reports and documentation as needed.
• Assist branch staff with issues related to the various reports/information required to be completed for BSA/AML purposes.
• Participate in compliance training and continuing education to maintain proficiency with BSA/AML compliance laws and regulations.

Note: Reasonable accommodation may be made to enable otherwise qualified associates/applicants with disabilities to perform the essential functions of the job.

Note: Additional duties and responsibilities may be assigned

MINIMUM QUALIFICATIONS

• Bachelor’s degree preferred
• Preferred experience with the Bank Secrecy Act, Anti-money Laundering Act and Office of Foreign Asset Control
• Must possess the ability to understand and interpret the Bank Secrecy Act and Anti-Money Laundering regulations, the USA Patriot Act, Know Your Customer (KYC), Office of Foreign Asset Control (OFAC), Customer Identification Program (CIP) and any other related regulations.
• Ability to effectively communicate verbally and in writing; professionally interact with employees to explain technical processes of the BSA/AML software in an easily understandable manner
• Ability to gather and analyze information skillfully, display ability to fully investigate and recognize fraudulent/suspicious activity, display willingness to make decisions
• Knowledge of various business types and their associated transaction activity. Including but not limited to revenues, and expenses.
• Ability to detect activity that may be normal or abnormal for a customer
• Ability to use Microsoft Outlook, Word, and Excel
• Ability to accurately type using a keyboard
• Knowledge of bank operations and products
• Knowledge of basic accounting
• Knowledge of and training on federal and state compliance laws
• Excellent customer service skills

PHYSICAL REQUIREMENTS AND ENVIRONMENTAL CONDITIONS

The physical requirements and environmental conditions of this position consist primarily of:

• Sustained standing and sitting
• Frequent use of PC, including typing or sustained attention to monitor
• Occasional presentations requiring public speaking to small groups
• Occasional lifting of basic office files or equipment up to 20 lbs
• Normal office environment with comfortable internal temperatures and low level noise

EOE/AA