BSA Analyst I or II

Bankers Trust • Des Moines, IA

50d • $58,000 - $78,000 • Hybrid

About The Position

There are important qualities you look for in an employer - meaningful work, community engagement, competitive benefits, commitment to employee development, and so many more. At Bankers Trust, our team members experience an inclusive and community-focused culture and we're proud of the premier workplace we've created. We regularly receive best in class results through our biennial employee engagement survey. We're also proud to receive recognition from others, including our designation as a "Best Place for Working Parents," being a four-time recipient of the Greater Des Moines Partnership's Inclusion Award, and being named one of the "Best Businesses Supporting Local Charity" by readers of the Business Record. We will be hiring this position at either a BSA Analyst level I (one) or II (two) depending on experience. Job Summary: The BSA Analysts maintain the Bank's AML/CFT/OFAC/CIP program to ensure loss prevention and suspicious activity controls are monitored. The BSA Analyst II also serves as the primary backup to the BSA Officer.

Requirements

• At least five years of retail or operational banking experience required
• At least three years of AML/CFT/OFAC related experience preferred
• Four-year college degree in a related field preferred OR an equivalent combination of education and experience
• At least five years of AML/CFT/OFAC related experience preferred

Nice To Haves

• Familiarity with Verafin is preferred
• Ability to obtain and maintain BSA certifications

Responsibilities

• Maintains the Bank's AML/CFT/OFAC/CIP program by reviewing and investigating alerts in the AML/Fraud monitoring software. Creates cases and creates Suspicious Activity Reports, when required.
• Performs the Bank's Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) processes to ensure timely collection of accurate information and compliance with BSA, as well as performs reviews of the Bank's OFAC alerts and CIP exceptions. Responds to the CIP semi-annual retrieval requests in a timely manner.
• Reviews the filing of accurate and timely Currency Transaction Reports (CTRs), monetary instruments logs, and foreign currency transactions
• Performs public record checks for the Bank
• Oversees the Bank's compliance with Section 314(a) of the USA Patriot Act
• Supports the maintenance of department system applications as well as user access rights
• Performs other duties as assigned
• Manages the Bank's Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD), including Money Service Business (MSB) on-site visits, to ensure timely collection of accurate information and compliance with BSA, manages the Bank's OFAC alerts and CIP exceptions. Responds to the CIP semi-annual retrieval requests in a timely manner.
• Serves as primary backup to BSA Officer, on an as-needed basis, by filing accurate and timely SARs, performing monitoring for customers including Cannabis Related Businesses (CRB), overseeing compliance with Section 314(b) of the USA Patriot Act, and completing correspondent bank due diligence certifications.
• Assists in the creation and delivery of periodic BSA related training for Bank team members.
• Serves as backup to performing customer public record checks for the Bank.

Benefits

• Group Health, Dental, and Vision Insurance
• Generous Paid Time Off (PTO)
• Volunteer Time Off (VTO)
• 401(k) plan with lucrative company match
• Tuition assistance
• Company Paid Life Insurance
• Paid Parental Leave
• Lifestyle Accounts that provide employees with reimbursement for the things that are most important to them such as childcare, student loan payments, gym memberships, pet insurance and much more.
• Team Member Banking - a suite of products and services with special benefits for employees

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Number of Employees: 501-1,000 employees