BSA/AML Analyst

First Trust Bank • Horsham, PA

1d • Hybrid

About The Position

The BSA/AML Analyst supports the design and execution of the Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) and Office of Foreign Assets Control (OFAC) compliance programs. The role applies relevant regulatory requirements to the bank’s business model, helps ensure effective program execution, and communicates with bankers and customers during investigations and monitoring efforts.

The position is hybrid, with four days in the office and one day working from home. The stated hours are 8:30 a.m. to 5:30 p.m. The role also supports business development by identifying customer or prospect needs, suggesting appropriate services, and directing customers to the appropriate person to establish business relationships.

Requirements

• Three to five years of banking experience.
• In-depth knowledge of BSA/AML/OFAC and related regulations.
• Well organized and detail oriented.
• Good analytical skills.
• Excellent time management, communication, and interpersonal skills.
• Intermediate knowledge of Miser, Abrigo, LexisNexis, Microsoft Office, and Teams.

Nice To Haves

• Background or experience in accounting.
• Financial expertise.
• An investigative nature.
• Knowledge of banking regulations and familiarity with financial crimes.
• Familiarity with interview techniques and investigative practices.
• Ability to develop and present reports.

Responsibilities

• Assist with transaction monitoring, investigations, data analysis, and identification of trends and patterns.
• Perform systems testing and tuning, and develop innovative compliance solutions.
• Identify and manage risk, facilitate engagement decisions, and enhance compliance programs.
• Apply BSA/AML/OFAC regulatory requirements to the bank’s business model to support effective program execution.
• Prepare reports that meet internal and regulatory standards.
• Communicate with bankers and customers as part of investigations and monitoring efforts.
• Educate and advise lines of business to support full compliance.
• Participate in assigned compliance projects.
• Assist in developing new business for Firstrust by identifying expressed customer or prospect needs and suggesting appropriate services.
• Direct customers to the appropriate person to establish business relationships.
• Perform other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Education Level: No Education Listed