Bsa Financial Crimes Investigation Analyst I

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.

Principal Accountabilities:

• 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.
• Conduct 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.
• Ensure work premises constitutes a safe work environment that promotes positive bank image, including regular inspection for and remediation of any hazardous conditions; regular maintenance and cleaning of premises; adherence to all posting requirements in jurisdiction, including human resources and compliance postings; and provision of comfortable and appropriate space for associates to conduct banking business.
• Understands, embodies, communicates, and instills corporate initiatives and vision, including the six Pillars of Success.
• Maintains client information in complete confidence.
• Completes other specified duties as assigned.
• Regular attendance required, working at the assigned worksite, or assigned remote location during regular business hours and/or assigned hours.