Bank Secrecy Act Analyst II

PrimeLending • Dallas, TX

1d

About The Position

The BSA Analyst position monitors compliance with the Bank’s policy, Bank Secrecy Act, and other related laws and regulations (OFAC/Anti-Money Laundering/US Patriot Act). The BSA Analyst identifies and reviews deposit and loan accounts for suspicious activity, and develops and monitors internal controls, policies, and procedures to ensure effective compliance.

Requirements

• Bachelor’s degree in business or related field or equivalent work experience required.
• 2 or more years’ experience in BSA/AML and thorough knowledge of BSA/AML and related laws and regulations.
• Working knowledge of bank operations and general business financial principles.
• Strong computer skills with proficiency in Microsoft Office tools including Outlook, Word, and Excel.
• Must be proficient in Excel with the ability to build and create reports and formulas.
• Excellent verbal, written, and interpersonal communication skills with the ability to interact with all levels of Bank personnel.
• Superior time management, organizational, analytical, and problem-solving skills with strong attention to detail.
• Self-starter with the ability to work independently, but also as part of a team.

Responsibilities

• Supports the Bank’s BSA Compliance program through investigation, research, and analysis of alerts and cases.
• Review and file SARs in a precise and timely manner.
• Work with new individual/business account risk profiles.
• Review and analysis of reports generated for BSA/AML/OFAC.
• Assist with enhanced due diligence reviews and provide recommendation for next step actions.
• Assist with annual BSA/AML/OFAC risk assessments in gathering data, conducting analysis, and developing/enhancing the methodology.
• Responsible for identifying sophisticated money laundering techniques, building a case, and recommending action based on their findings.
• May work with account officers to obtain documentation and/or information necessary to complete the account analysis and investigation.
• Assists in ad-hoc special projects as needed.

What This Job Offers

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