BSA/AML Analyst

Superior National Bank and Trust • Hancock, MI

68d

About The Position

Superior National Bank approaches every day with the philosophy that we 'Grow Your Future.' Our employees are instrumental in helping us achieve that goal. As an organization, we value the efforts of our employees as they strengthen our pillars of trust through the great work that they do. Each member of our team plays an integral role in supporting the overall success of the organization. We try to create a work environment that supports employee development and engagement by staffing our locations with honest, hard-working people who truly care about one another, their customers, and our community. If this describes a culture that appeals to you, we invite you to apply to join our team. Thank you for your interest in becoming a team member of Superior National Bank!

Requirements

• Must possess analytical skills and be able to multi-task.
• Must be able to work interactively with all levels of management, auditors, examiners, law enforcement, while maintaining strict confidentiality.
• Must be proficient in Microsoft Excel and Word.
• Associate's degree in accounting, business administration or business-related field preferred or equivalent combination of education and/or experience.
• Minimum 3 years' experience in the banking industry, preferably teller and/or deposit operations-related experience.

Responsibilities

• Manage lists of accounts identified through risk assessment as high-risk and conduct regular reviews to monitor account activity for suspicious transactions.
• Utilize the Bank's BSA monitoring systems, alerts, reports, and data to detect the presence of BSA/AML and fraud-related activities.
• Perform diverse and complex analysis, research, and investigation of customer data, account information, and behaviors to identify suspicious or illegal activity.
• Review and analyze daily transactional data with a focus on cash and wires for potential money laundering or other illicit schemes.
• Review daily Currency Transaction Reports (CTRs) and monetary instrument logs completed by branch and back-office personnel.
• Ensure required information for currency transactions exceeding $10,000 is submitted to FinCEN in a timely manner.
• Conduct CTR exemption initial and annual reviews.
• Conduct and/or assist with case investigations for potential SAR filing and maintain appropriate support documentation.
• Assist with research surrounding requests for information.
• Assist the BSA/AML Officer with BSA/AML/OFAC Risk Assessments.
• Assist the BSA/AML Officer to conduct and track required training for all Bank employees.
• Perform other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Associate degree
• Number of Employees: 51-100 employees