BSA Analyst & Fraud Specialist

unibank•Whitinsville, MA

12h

About The Position

We have a Unique opportunity for an experienced and detail‑driven professional to join our Compliance team as a BSA Analyst & Fraud Specialist. This role plays a critical part in protecting the Bank and our customers by monitoring transactions, investigating suspicious activity, and helping prevent fraud, money laundering, and other financial crimes. You’ll work hands‑on with transaction monitoring systems, conduct in‑depth investigations, and partner with teams across the Bank to strengthen our BSA/AML and fraud prevention programs. We’re looking for someone who enjoys digging into data, exercising sound judgment, and staying ahead of emerging risks in a regulated environment. If you’re passionate about compliance, investigation, and supporting a community bank where integrity and trust matter every day, we’d love to hear from you.

Requirements

Bachelor’s degree or equivalent in Accounting, Finance or a related field of study is strongly preferred with 3 years BSA experience.
Strong written/verbal communication, time management skills and working knowledge of Excel
Knowledge of OFAC, CDD, EDD, and CIP laws and regulations and anti-money laundering practices
Strong working knowledge of transaction monitoring systems and SARs Reporting
Strong ability to analyze and synthesize large amounts of data
Ability to conduct extensive research and apply data to improve BSA Program
Project a businesslike professionalism to the client in both appearance and manner
Strong organizational skills, great follow through and ability to manage multiple competing priorities
Strong attention to detail skills and good fact-finding ability
Ability to resolve issues, work independently, and meet deadlines.
Persuasive and team oriented.
Effective verbal, written, and interpersonal communication skills with the ability to instruct others, train personnel, write reports, correspondence, and procedures, and speak clearly to customers and employees.
Good organizational and time management skills.

Nice To Haves

Possession of CAMS or similar Anti-Money Laundering certification a plus
Working knowledge of compliance regulations governing BSA, AML, Patriot Act (CIP), OFAC, FFIEC advisory guidelines regarding (KYC), (EDD) and Reg CC, Reg GG a plus

Responsibilities

Assist with the review and remediation of potential OFAC and PEP screening matches.
Serve as a BSA/AML subject matter resource for co-workers in understanding.
Conduct customer due diligence and enhanced due diligence at time of onboarding and ongoing.
Remediate alerts from transaction monitoring system and escalate alerts as needed.
Assist in the identifying and monitoring of high-risk customers and high-risk activities.
Identify areas of improvement and present recommendations related to the BSA/AML program.
Contribute to compliance training materials for staff, as needed.
Participate in meetings, individually or in a group, to identify gaps within current practices.
Make recommendations for policies and procedures to meet current regulatory expectations.
Monitor new and any proposed laws and regulations in a timely manner.
Conduct ad hoc projects that involve conducting research and data gathering to stay compliant.
Perform daily review, monitoring, and analysis of various reports, logs, and transaction data to identify trends, unusual activity, and monitor large currency activity; determines if transactions are suspicious in nature, such as kiting, significant changes in balances, cash structuring in deposits, loans payments, and certificate of deposit purchases, wire or ACH transfers, monetary instrument sales, new account openings, etc.
Aid in the creation of various reports that will be presented to various committees and Board.
Assist in preparation for internal audits, and federal and state exams.
Assist in compliance with 314(a) and 314(b) (PATRIOT Act) responsibilities.
Other duties as assigned