BSA Analyst I - Longwood, FL

Trustco Bank•Longwood, FL

7d•Onsite

About The Position

We are searching for a detail-oriented and analytical BSA Analyst I to join our dedicated compliance department. In this crucial, non-supervisory role, you will be on the front lines of defense against financial crime. You will apply your expertise to monitor transactions, investigate suspicious activity, and ensure the bank strictly adheres to all Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) policies. This is an opportunity for a motivated individual to develop expertise in a vital area of banking operations. Reporting to the Vice President of BSA, you will be responsible for ensuring compliance with federal regulations, protecting the company from illegal activity, and managing key aspects of our comprehensive BSA/AML program, including CTR, SAR, OFAC, CIP, and CDD protocols.

Requirements

A Bachelor’s degree in a business-related field and/or one year of equivalent experience/education.
Effective verbal and written communication skills, exceptional organization, and the ability to manage multiple time-sensitive tasks effectively.
Ability to work well independently and in group settings.
Working knowledge of Microsoft Office Programs (Excel and Word).
Fluent in English; bilingual a plus
Access to reliable transportation

Nice To Haves

CAMS Certification (Certified Anti-Money Laundering Specialist).
Working knowledge of FCRM Software.

Responsibilities

Research, analyze, and investigate transaction monitoring alerts for potential money laundering, terrorist financing, and other financial crimes, making informed recommendations regarding the filing of Suspicious Activity Reports (SARs).
Track and ensure timely filing of Currency Transaction Reports (CTRs) within the strict 15-day regulatory deadline.
Conduct thorough EDD reviews, gathering documentation, composing detailed narratives, determining risk ratings, and outlining necessary follow-up actions.
Monitor customers on the CTR exempt list annually and perform 90-day SAR follow-up reviews to identify continuing activity.
Examine various banking divisions (branch administration, retail lending, commercial loans) to ensure meticulous adherence to Customer Identification Program (CIP) requirements.
Monitor potential OFAC matches, acting as a dual control for processing, and building continuous proficiency through specialized BSA/AML training courses.