Bsa Analyst Ii - Fiu

Summary:

The BSA Analyst II is responsible for the preliminary monitoring of the Bank Secrecy Act (BSA) and the Anti-Money Laundering (AML) compliance program designed to ensure that the Bank achieves optimum compliance with applicable laws and regulations including, but not limited to, the Bank Secrecy Act (BSA), USA PATRIOT Act, and Office of Foreign Assets Control (OFAC).

Salary Range: The salary range budgeted for this position is $60,100/yr to $75,000/yr and represents the Company's good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate may vary depending on several factors, including a candidate's qualifications, skills, competencies, experience, and location.

The Company also offers a full range of benefits, including medical, dental, vision, and 401K match. Other rewards may include annual performance-based bonuses and wellness days.

Applicants must have current work authorization when accepting a First Foundation Inc. position. Currently, we are unable to sponsor or take over the sponsorship of an Employment Visa.

Duties and Responsibilities:

• Monitors alert transactions through the Banks’ transaction monitoring software as it relates to BSA and AML to identify unusual or suspicious account activity and/or financial crime patterns.
• Analyze transactional data and alert monitoring to make determinations of irregular activity through an understanding of historical client activity and regulatory definitions of suspicious activity.
• Responsible for Case narratives and initial Suspicious Activity Report (SAR) recommendations and write-ups.
• Assist with editing and updating BSA Department internal departmental procedures.
• Review, analyze, and assist in making risk rating decisions or changes on client accounts and relationships.
• May attend outside training for BSA and OFAC.
• Know and comply with Bank policies, procedures, and regulations that govern job responsibilities.
• Attend and complete all required classroom, computer-based, web-based, and seminar training, as assigned.
• It is the individual responsibility of every employee to maintain current awareness and understanding of and to fully comply with the Bank’s “Code of Ethics and Conduct”. Each employee is also expected to maintain an awareness of the laws, regulations, internal policies, and procedures that are appropriate for his/her position.
• Perform other duties as assigned.

Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Education and/or Experience:

• High School diploma or equivalent required; Bachelor’s degree preferred
• Minimum of 5 to 7 years of banking experience in a retail, operations, compliance, or BSA setting required

Skills:

• Excellent command of the English language, both written and verbal, and the ability to effectively communicate with all levels within the organization
• General Mathematics and Accounting knowledge
• Must be able to assess any given situation and bring to a successful resolution
• Must be experienced in the effective use of one or more core banking deposit and new account software
• Must have satisfactory computer and spreadsheet skills

First Foundation is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, and status as a qualified individual with a disability, sexual orientation, gender identity, or any other characteristic protected by law.