Bank Secrecy Act Analyst I

Amerantbank • Miramar, FL

4d • $65,000 - $75,000

About The Position

The BSA Analyst I monitors the organization’s internal policies, procedures, and controls to ensure compliance with anti-money laundering regulations and rules. The role analyzes system-generated alerts, prepares BSA reviews, supports timely resolution of alerts that become investigations, and documents opinions and conclusions. The analyst also provides AML guidance to bank personnel, recommends potential SAR filings to BSA leadership, maintains review records and supporting documentation, and helps ensure compliance with BSA, USA PATRIOT Act, OFAC, and other AML-related requirements.

Requirements

• Bachelor’s degree in Banking or Finance and specific banking institute courses.
• At least 1 year of experience in BSA or bank auditing.
• Proficiency with Microsoft Office 365 products, including MS Word, MS Visio, MS Excel, MS Teams, and MS PowerPoint.
• Ability to work as a team player and under pressure, maintain a professional image, and resolve problems and conflicts.
• Basic business communication skills, including advanced writing and listening, as well as basic office, mathematics, and customer service skills.
• Professional skills including report writing, basic statistics, effective presentation, and creative skills.

Responsibilities

• Analyze AML system-generated alerts against customer profiles to determine whether further review or analysis is required.
• Prepare BSA reviews for the appropriate Business and Operations line Officers and Regional Managers, ensure timely resolution of alerts that become investigations, and render opinions and conclusions for each analysis.
• Provide the BSA Supervisor and/or BSA Manager with recommendations to file SARs.
• Provide ongoing assistance and AML guidance to Account Officers and other bank personnel so proper documentation is obtained and reviews are cleared in a timely manner.
• Ensure the AML system accurately reflects reviews conducted and their final disposition.
• Maintain analysis records, audit trails, and supporting documentation for internal and external audits and regulatory examinations.
• Ensure preventive measures are carried out to comply with current rules, regulations, and internal policies concerning BSA, the USA PATRIOT Act, OFAC, and other AML-related issues.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level