BSA Analyst

C&F Bank • Toano, VA

12d • Onsite

About The Position

The primary function of this position is to assist and support C&F Bank’s Corporate BSA Officer to ensure all regulatory requirements are met related to adherence with the Bank’s BSA Compliance Program. The BSA Analyst is primarily responsible for assisting the Corporate BSA Officer with BSA related functions such as analysis and disposition of system generated alerts, which include Bank Secrecy Act (BSA), Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) alerts; review, and entry of customer on-boarding documentation for CDD, currency transaction and monetary instrument reporting, and other duties as assigned. The decisions and recommendations made by the Analyst shall be relied upon by the management team and may have a direct impact on the business operations and the servicing of customer accounts, which may also carry legal and regulatory compliance obligations.

Requirements

• Experience: 0–2 years banking or compliance preferred.
• Education: High School Diploma or equivalent . Associate’s or Bachelor’s degree preferred (Finance, Criminal Justice, Business, or related). Equivalent experience considered.
• Knowledge, Skills, and Abilities:
• Strong working knowledge of Microsoft Office
• Excellent organization skills including attention to detail and multitasking skills
• Strong interpersonal skills and extremely resourceful
• Highly organized and capable of dealing with multiple projects simultaneously
• Ability to work independently and adhere to strict regulatory timeframes
• Ability to conduct thorough investigations and a focus on detail

Responsibilities

• Review/entry of BSA/AML related reports and documents from the on-boarding process, including CDD and Identity Verification (IDV)
• Disposition of BSA, CDD and EDD alerts
• Reviews and/or prepares daily, weekly, monthly, and quarterly reports as assigned
• Review system generated daily reports for Monetary Instrument Log (MIL) and Currency Transaction Reports (CTR)
• Assists with annual CTR Exemption Reviews and maintains the "exempt list"
• Keeps abreast of Bank Secrecy regulations, especially as related to developments in Anti-Money Laundering techniques, controls and monitoring
• Monitor non-resident alien (NRA) and missing TIN reports and follows up accordingly on missing or inaccurate TIN
• BSA support
• Special projects and other duties as assigned

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 251-500 employees