BSA Analyst

BANK FIRST • Manitowoc, WI

4d • Onsite

About The Position

A dedicated and detail-oriented individual is needed for the role of BSA Analyst. This position, based in Wisconsin, is essential in ensuring compliance with BSA/AML regulations and supporting the broader Financial Crimes compliance efforts within the organization.

Requirements

• Bachelor’s degree in a related field or 2-5 years of experience in Banking or Other Financial Services
• Introductory to Moderate understanding of BSA/AML regulations and compliance
• A passion for all things related to Financial Crimes Compliance
• An ability and comfort in working in a fast-paced environment with limited supervision.
• Excellent communication and collaboration skills.

Responsibilities

• Prepare and File Currency Transaction Reports (CTRs): Ensure accurate and timely preparation and filing of Currency Transaction Reports (CTRs) in compliance with regulatory requirements.
• Review Cash Activity for Aggregate CTR Filing: Conduct thorough reviews of cash activity, identifying transactions requiring aggregate CTR filing.
• Manage Monetary Instrument Log Entries: Maintain meticulous records of monetary instrument transactions to meet audit and compliance requirements.
• Prepare Designations of BSA Exempt Persons: Generate and submit exemptions of individuals or entities exempt from certain BSA requirements and complete annual reviews of exempt persons.
• Conduct Daily Tasks Critical to BSA Compliance Department: Execute routine tasks vital to the smooth functioning of the BSA compliance department, ensuring operational efficiency.
• Conduct Customer Due Diligence Reviews: Perform comprehensive customer due diligence reviews, identifying and mitigating potential compliance risks.
• Review Transaction Monitoring Alerts: perform triage review of monitoring alerts for potential identification of suspicious activity.
• Act as a Liaison Between BSA Compliance and Other Bank Departments: Foster effective communication and collaboration between the BSA Compliance department and other bank departments, facilitating coordination and adherence to laws and regulations.

Benefits

• Career growth is supported through training, mentoring, and advancement opportunities
• Flexibility allows you to balance work and life without compromise
• Contributions directly impact guests and communities you care about
• Culture built on respect, collaboration, and empowerment

What This Job Offers

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