BSA Analyst II (Remote, California)

First Foundation • Irvine, CA

299d • $60,000 - $75,000

About The Position

This position is responsible for the preliminary monitoring of the Bank Secrecy Act (BSA) and the Anti-Money Laundering (AML) compliance program designed to ensure that the Bank achieves optimum compliance with the laws. This position provides an assessment of suspicious activity as it relates to BSA and AML in the areas of High-Risk Accounts, New Account documentation, Customer Information Process (CIP), and Enhanced Due Diligence (EDD). Additionally, this position reviews data as it relates to the Office of Foreign Assets Control (OFAC).

Requirements

• High School diploma or equivalent required; Bachelor's degree preferred
• Minimum of 5 to 7 years of banking experience in retail, operations, compliance, or BSA setting required
• CAMS certification preferred
• Excellent command of the English language, both written and verbal, and the ability to effectively communicate with all levels within the organization
• General Mathematics and Accounting knowledge
• Must be able to assess any given situation and bring to a successful resolution
• Must be experienced in the effective use of one or more core banking deposits and new account software
• Must have satisfactory computer and spreadsheet skills

Responsibilities

• Understands and complies with requirements of all laws and regulations applicable to the position
• Monitor BSA software, reporting, and wire activity as it relates to BSA and AML to identify suspicious account activity
• Responsible for Case Investigations and Enhanced Due Diligence (EDD) reviews for higher-risk clients
• Analyze transactional data and alert monitoring to make determinations of irregular activity through an understanding of historical client activity and regulatory definitions of suspicious activity
• Review, analyze, and assist in making risk rating decisions or changes on client accounts and relationships
• Ensure the Bank complies with OFAC regulations. Monitors the Bank's OFAC software system to ensure adherence to OFAC Policy and procedures
• Research BSA regulatory issues and respond to compliance questions from Bank personnel, utilizing legal and regulatory reference materials and consulting with the BSA Manager
• May attend outside training for BSA and OFAC
• Have knowledge of and compliance with Bank policies, procedures, and regulations that govern job responsibilities
• Attend and complete all required classroom, computer-based, web-based, and seminar training, as assigned
• Perform other duties as assigned

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• 401(K) match
• Annual performance-based bonuses
• Wellness days

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree