BSA/AML Analyst

Essential Duties & Responsibilities:

Compliance Oversight: Monitor and detect suspicious activities and transactions in alignment with BSA/AML regulations to mitigate financial crime risks.
Policy Development: Design, implement, and regularly update BSA/AML policies and procedures to ensure adherence to evolving regulatory standards.
Staff Training: Conduct regular training sessions for employees to ensure thorough understanding and compliance with BSA/AML guidelines and internal policies.
Suspicious Activity Reporting: Prepare and submit Suspicious Activity Reports (SARs) in a timely manner, documenting any identified potentially illicit activities.
Regulatory Compliance: Ensure strict compliance with all federal laws and regulations, staying up to date with changes in industry requirements and standards.
Customer Onboarding: Oversee the customer onboarding process to ensure proper due diligence, ensuring that all necessary KYC (Know Your Customer) and AML checks are conducted.
Risk Management: Develop, implement, and maintain a comprehensive, risk-based AML program to manage and mitigate financial crime risks across the organization.
Reporting: Prepare and maintain detailed BSA/AML compliance reports for senior management, providing insights into the organization’s compliance posture.
Due Diligence Reviews: Conduct periodic customer due diligence (CDD) and enhanced due diligence (EDD) reviews to assess and manage potential risks.
Collaboration with Regulators: Coordinate and partner with regulatory bodies and external auditors as necessary to ensure ongoing compliance and address any regulatory inquiries.
Experience: A minimum of 5 years of experience in BSA/AML compliance, preferably within the banking or financial services sector.

BSA/AML Analyst

Job Summary

Essential Duties & Responsibilities:

Apply Now

BSA/AML Analyst

Job Summary

Essential Duties & Responsibilities:

Apply Now

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