Digital Payments Bsa Analyst

To assist the BSA Officer with the implementation and administration of all aspects of the Bank Secrecy Act compliance program and assist with various assignments supporting the Compliance Payments Program of the bank, under the guidance of the VP, BSA Officer. This position performs various quality control reviews and monitoring pertaining to the Bank Secrecy Act, USA Patriot Act, Anti-Money Laundering Program, OFAC, and Customer Identification Program compliance, using industry standard and regulatory guidance to ensure the Bank's compliance efforts are maintained daily.

• Perform daily reviews of all assigned alerts related to digital payment transactions for suspicious patterns. Investigate cases that may require additional research for potential SAR filing. Prepare SAR narratives. May assist in the filing of the SARs when necessary.
• Assist with testing prepaid transactions in the Digital Payments monitoring system and making recommendations to findings if necessary.
• Maintain current knowledge of all federal and state laws and regulations, along with the Bank's policies and procedures.
• Conduct Reputational Due Diligence Reports for Co-Brands submitted from the bank's third-party program managers.
• Perform with monthly monitoring of Co-brand applications completed by third-party program managers.
• Assist with collecting information for Audits and Regulatory Examinations.
• Serves as a liaison between the FCU and the Program Managers.
• Perform monthly, quarterly and annual BSA/AML testing of CIP, Sanctions and Suspicious Activity of the program managers. Reviews to include analyzing results to identify the level of risk, implement corrective actions as necessary and report testing results to the Bank's BSA Officer.
• Assist the BSA Officer in the development and maintenance of AML manuals, policies, procedures, and processes to ensure compliance with federal and state regulations impacting the Bank.
• Support BSA Officer in their day-to-day job duties.
• All employees are responsible for compliance with the Bank Secrecy Act and in some roles, OFAC regulations. Depending on your job responsibilities, more or less aspects of the regulations may apply, but at a minimum , all employees are responsible for reporting suspicious activity they identify in the course of performing their job duties. This includes activities conducted by customers, fellow employees, board members, and vendors.

• Highly motivated, results oriented individual who is able to work in sensitive time environment.
• Ability to quickly assimilate information relating to complex issues, maintain poise, diplomacy, and the ability to use discretion when making decisions, be creative and innovative in problem solving, and exercising good judgement.
• Effectively provide solutions and direction, multi-task, excellent time and resource management skills, work independently and deliver results in a timely manner.
• Willing to complete required training classes.
• Team player willing to pitch in where needed.
• Ability to work without constant supervision. Can take on an assignment and see it through to its conclusion.
• Strong sense of integrity and personal ethics.
• Knowledge of prepaid cards.

• Two to three years banking experience.
• General computer skills, proficiency in Word and Excel.
• Basic knowledge of bank regulations, specifically BSA helpful.
• Basic knowledge of payment cards.

• Two years of business experience and/or relevant experience.
• CAMS certification is a plus.