BSA Analyst III

Open Bank • Los Angeles, CA

6d • Hybrid

About The Position

We are looking for BSA Analyst III
to join our BSA team at Open Bank! The BSA Analyst III will be responsible for conducting all aspects of monitoring activities relating to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and OFAC compliance as described in the FFIEC Bank Secrecy Act Anti-Money Laundering Examination Manual and ensure all activities and processes are in compliance with bank policies.

Requirements

• Bachelor’s degree in related field or equivalent experience preferred.
• Minimum five years of experience of BSA, bank audit, compliance, or banking operations is required.
• Good knowledge of bank documents and bank operation.
• Present a professional image in dealing with clients, interdepartmental, and external representatives.
• Accurate typing/keyboarding skills; basic computer skills, including the use of word processing, spreadsheet software applications, and e-mail.
• Work Location requirement: Onsite 2 days; remote 3 days a week required.

Responsibilities

• Handle and implement internal examinations, investigations, and inspections.
• Act as a liaison of assigned branches for any BSA related issues.
• Advice changes in transaction pattern of customers to the BSA Officer in order to update the monitoring process.
• Ensure timely implementation of new procedures in compliance with any changes in the laws and regulations related to BSA/AML/CTF /OFAC.
• Coordinate regulatory examinations relate to BSA/USA Patriot Act, OFAC and related issues.
• Familiarize and comply with all applicable Bank’s policies and procedures, as well as governing laws and regulations.

Benefits

• Medical, Dental, & Vision: Open Bank offers medical, dental, and vision insurance for all full-time employees and their immediate family members. Employees become eligible for insurance benefits on the first of the month following their hire date.
• Life, Accidental Death & Dismemberment, & Long-Term Disability: Open Bank pays 100% of the cost.
• Flexible Spending Account (FSA): Tax-advantaged financial accounts are offered for employees to pay for eligible out-of-pocket expenses (health, dependent care, transit, and parking) with pre-tax dollars.
• 401(k) Retirement Savings Plan: Open Bank matches 100% of the first 6% of employees' contributions. Employees are eligible to participate on the first of the month following 90 days of employment.
• Paid Time Off (PTO): Employees begin to accrue PTO hours at the time of hire to use for vacation, illness, or other personal reasons.
• Employee Assistance Program (EAP): The EAP offers counseling sessions, online tools and resources, and legal and financial guidance for employees and their family.
• Company Paid Lunch: Open Bank provides company paid lunch twice a week.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level