BSA & AML Compliance Analyst

Celtic Bank • Salt Lake City, UT

6d

About The Position

Celtic Bank is hiring a Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Analyst to support the Compliance Team’s mission of ensuring the Bank’s safety and soundness while maintaining a healthy, compliant customer base. The analyst performs customer and enhanced due diligence account reviews and daily operational tasks to meet internal standards and regulatory requirements. Work includes reviewing accounts for potentially suspicious activity, investigating alerts, analyzing transaction activity and trends, and preparing Suspicious Activity Reports (SARs). The position reports to the BSA Manager.

The role operates in a professional office environment and uses standard office equipment. The work model may be fully onsite or hybrid. Utah-based employees may be eligible for a hybrid schedule after an initial training period in the Salt Lake City office, depending on department and job requirements. Employees may be required to travel to the Salt Lake City office for mandatory meetings and events.

Requirements

• Bachelor’s degree in Intelligence Studies, Criminal Justice, Political Science, Law, or a related field; alternatively, 2 or more years of AML/BSA experience, including intelligence and investigative analysis, or other compliance-related experience if no degree.
• Basic working knowledge of AML/BSA regulatory compliance processes and procedures.
• Ability to identify unusual patterns and trends.
• Solid organizational, communication, and customer service skills.
• Ability to meet deadlines, work independently, and adapt to changing priorities.
• Good follow-through, attention to detail, and documentation skills.
• Solid research, analytical, and problem-solving skills.
• Good writing skills and ability to translate complex situations into easily understood narratives.
• Ability to think independently and defend one’s own work.
• Ability to handle delicate and sensitive situations.
• Ability to read, write, and understand fluent English.

Nice To Haves

• Financial crime investigation experience or equivalent educational or job-related experience.
• Strong PC skills, especially in Microsoft Excel and Word.
• Experience using AML platforms.
• Working knowledge of bank operations.

Responsibilities

• Investigate potential unusual activity, money laundering, fraud, or terrorist financing incidents.
• Prepare and complete required forms for regulatory filing according to FinCEN guidelines.
• Provide oversight of Bank and Strategic Partnership 314(a) scrubs, ensuring they are completed and logging results.
• Provide oversight of Bank and Strategic Partnership OFAC scrubs, ensuring they are conducted and logging results.
• Review BSA-related documentation from partners to identify potential risks.
• Stay current on AML red flags and industry trends.
• Conduct AML investigations, including customer- and account-level research across varied data, to detect and determine suspicious or illegal activity.
• Contribute to projects to improve and optimize the Bank’s BSA/AML program.
• Collaborate with the BSA Officer, departments, and partners as needed.
• Perform other duties as assigned.

Benefits

• Medical, dental, and vision coverage
• 401(k) with employer match
• Life and long-term disability coverage
• HSA and FSA plans
• Holidays and paid time off
• Wellness program, including catered meals three times a week, lunch-and-learns, and an onsite gym

What This Job Offers

• Job Type: Full-time