BSA AML Analyst

Wilson Bank & Trust • Lebanon, TN

2d

About The Position

The BSA AML Analyst I assists in identifying risks and monitoring compliance with the Bank Secrecy Act (BSA) and related Anti-Money Laundering (AML) requirements. The role investigates potential money laundering, financial crimes, and terrorist financing activity, and performs quality control reviews and monitoring using industry standards and regulatory guidance to support a strong BSA Compliance Program. The position reports to the BSA Manager and provides service and support to team members and customers while demonstrating the Company’s values and supporting its mission.

Requirements

• High school diploma or GED.
• Basic understanding of BSA requirements.
• Knowledge of Verafin or ability to learn it.
• Proficiency with Microsoft Office and other standard software applications.
• Ability to focus on detailed verification.
• Strong multitasking, organizational, and communication skills.
• Ability to work on multiple projects while completing daily tasks.
• Effective verbal and written communication skills.
• Excellent interpersonal skills and ability to interact helpfully and professionally with customers and employees.
• Critical-thinking and problem-solving skills.
• High standards of integrity, honesty, professionalism, and work ethic.
• Commitment to service excellence.
• Ability to work independently with strong organization and follow-through.
• Flexible and efficient time management, with the ability to prioritize workload.
• Ability and willingness to work with purpose and a strong sense of urgency.
• Self-motivated, positive, enthusiastic, and able to exceed expectations.
• Ability to maintain confidentiality and discretion.
• Ability to collaborate effectively to achieve business objectives.
• Willingness to grow and be challenged.

Nice To Haves

• Bachelor’s degree preferred.
• One year of previous experience in BSA, banking, financial crimes investigation, or compliance preferred.

Responsibilities

• Assist in identifying risks and monitoring compliance with BSA and related AML requirements.
• Review, complete, and submit Currency Transaction Reports (CTRs).
• Review CTRs and core reports for potential suspicious activity.
• Monitor alerts through the Bank’s AML software for potential suspicious activity.
• Investigate potential money laundering, financial crimes, and terrorist financing activity.
• Initiate potential suspicious activity cases in AML software.
• Assist with identifying suspicious activities and preparing Suspicious Activity Reports (SARs).
• Assist the BSA Officer in conducting Enhanced Due Diligence (EDD) and Customer Due Diligence (CDD) reviews.
• Perform 314(a) searches on customer identification files (CIF).
• Assist with preparation of the annual BSA risk assessment and BSA policy revisions.
• Assist bank regulators and external auditors during annual BSA examinations.
• Assist with preparation and presentations for BSA training sessions.
• Review accounts held by foreign individuals to confirm proper documentation is on file.
• Review all Red Flag exceptions for deposits and loans.
• Assist the BSA Officer and BSA Manager as needed.
• Maintain professional and technical knowledge through workshops, professional publications, networking, and professional associations.
• Comply with federal bank regulations and laws, including consumer protection and BSA/AML requirements.
• Attend training as requested.
• Participate in outside community activities as required, including extended hours as needed.
• Perform other duties as assigned.

Benefits

• Generous ATO, personal days, and sick time.
• Ability to combine accrued time with short-term disability for 100% pay.
• Employee Assistance Program.
• Employee Care Fund.
• Peer-nominated award ceremonies and an interactive digital rewards platform.
• Employee Stock Purchase program.
• Mentorships, workshops, banking schools, and certifications.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED