Bsa Analyst Ii

Job Type
Full-time
Description
United Security Banking has an immediate opening available for a full-time 40 hours per week
BSA Analyst.
SUMMARY:
Under the general supervision of the BSA Director or the Assistant BSA Officer, this position performs various assignments related to the Bank's Bank Secrecy Act Program and anti-money laundering functions. This position is primarily responsible for daily Currency Transaction Reporting efforts, and identifying suspicious activity patterns of the Bank and requires a thorough and accurate review of BSA-related filings and reports.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Daily Duties:
• Perform daily transaction data review of activity in the bank's BSA/AML platform.
• Review transactions daily, weekly, and monthly to monitor for Currency Transaction Report filing needs, suspicious activity identification, fraud detection and/or prevention, or other assigned duties for meeting the bank's ongoing BSA/AML program requirements.
• Primary contact for branches and other departments when needed for CTR filing or other departmental needs.
• Review OFAC suspects and document mismatches or escalate matches that will require additional action such as blocking and reporting.
• Report suspicious activity to BSA Director or Assistant BSA Officer, gather additional information in support of a decision, and assist with the filing of reports as needed.
Periodic Duties:
• Serves as a BSA/AML resource for Bank branches, departments, and management.
• Monitor High-Risk client activities as appropriate based upon risk rating; research and document investigations. Recommend risk rating changes as appropriate.
• Assist with annual reviews of exempt persons and Money Service Businesses
• Monitor new account compliance with the Customer Identification Program (CIP) and OFAC regulations. Monitor OFAC compliance in the wire department.
• Perform 314(a) bi-weekly uploads and review results.
• Document exceptions in the completion of duties pertaining to BSA/AML and notify BSA Officer in the event that correctional training is necessary.
• Assists with the completion and coordination of external audits and regular examinations. Accurately compiles information; prepares work papers and responses.
• Stays abreast with regulatory changes and trending methods used by fraud perpetrators.
OTHER DUTIES:
Additional Duties in BSA/AML, as time allows and according to the needs of the Bank:
• Assists with internal operational, financial, and compliance audits, to determine whether controls are adequate and effectively maintained in accordance with Bank policies and procedures for general regulatory compliance.
• Special projects, as assigned.
Requirements
Required Education, Experience, and Knowledge:
• 5 years of banking experience and 2 years of direct experience with BSA and Compliance
• College degree preferred but not required.
• Good working knowledge BSA/AML requirements and regulatory compliance issues.
Other Job Requirements:Skills, Abilities, Competencies
• Proficient with BSA/AML Software such as Verafin.
• Basic accounting skills with mathematical aptitude and Excel spreadsheet skills.
• Must be proficient in the use of personal computer systems, internet applications electronic mail, and various Windows-based software applications including, but not limited to, banking application software, Word, and Excel.
• Observe the highest degree of confidentiality in handling information received in the course of discharging responsibilities.
• Self-starter able to work without constant supervision.
• Able to provide positive guidance regarding regulatory requirements to other personnel
• Demonstrates strong interpersonal skills to communicate effectively with officers and staff
• Good verbal and written communication skills
• Ability to work within prescribed time frames
• Ability to handle the workload with multiple timeframes and changing priorities
Supervisory Responsibilities
• None
Language Skills
• Strong verbal and written communication skills
Mathematical Skills
• Basic accounting skills with mathematical aptitude.
Computer Skills - Good working knowledge of spreadsheet and word processing software, e-mail programs, and use of Internet resources
Business Acumen - Aligns work with strategic goals.
Analytical - Uses logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems. Synthesizes complex or diverse information; gathers information, researches data from appropriate sources, and interprets data; uses intuition and experience to complement data.
United Security Bank conforms to all the laws statutes and regulations concerning equal employment opportunities, and affirmative action.We strongly encourage women, minorities, individuals with disabilities, and veterans to apply to all our job openings.
We are an Equal Opportunity Employer, who fully and actively supports equal access for all qualified applicants, regardless of race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability status, Genetic Information or Testing, individual reproductive health decision making, Family & Medical Leave, protected veteran status, or any other characteristic protected by law, and we strongly prohibit retaliation against individuals who bring forth any complaint, orally or in writing, to the employer or the government, or against any individuals who assist or participate in the investigation of any complaint or otherwise oppose discrimination. It is our goal to increase diversity in our workplace and to provide the best work environment possible.
California Privacy Rights Act Notice for Applicants
For details on how we collect, use, and share your data, please review our Privacy Policy at:
https://www.unitedsecuritybank.com/california-privacy-policy
United Security Bank will protect the privacy of information collected in accordance with applicable state, federal, and local laws.
Salary Description
$55,281 - $74,795