BSA Analyst

Transact Campus•Scottsdale, AZ

7h•Remote

About The Position

The BSA Analyst at Transact Campus plays a critical role in supporting the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance program within the banking operations function. Reporting directly to the Director of Banking Operations, the analyst will assist in monitoring, analyzing, and investigating transactional activity to identify suspicious behavior, ensure regulatory compliance, and mitigate financial risk related to money laundering and other illicit activities. Job Summary / Purpose Support the implementation and administration of Transact Campus’s BSA/AML compliance program. Coordinate and execute program revisions and enhancements with the Transact Campus Legal & Compliance Department. Monitor daily and weekly transaction alerts using BSA/AML software tools; conduct timely reviews and investigations of suspicious activity. Conduct customer due diligence and enhanced due diligence risk assessments as applicable for new clients, industries, products and services. Advise the Director on new client acceptance or denial. Prepare and file required regulatory reports such as Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) according to applicable law. Assist the Director and compliance team in investigation efforts, regulatory exam preparations, and audit responses. Collaborate cross-functionally with banking operations and legal and compliance teams to maintain sound risk control and compliance processes. Identify areas for process improvement and contribute to risk assessments and compliance training efforts. Maintain current knowledge of regulatory changes impacting BSA/AML requirements for non-bank financial institutions and Third-Party Payment Processors.

Requirements

Bachelor’s degree or equivalent experience preferred.
Minimum 3 - 5 years of experience in BSA/AML, banking operations, or related compliance roles, preferably in third-party payment processing services or non-bank financial institution.
Strong understanding of BSA, AML, OFAC, US Patriot Act, Third-Party Payment Processor Regulations, Fraud, Know Your Customer (KYC) processes, Third Party Risk Analysis.
Proficiency with transaction monitoring software and case management tools is a plus.
Strong analytical, investigative, and problem-solving skills.
Clear and concise written and verbal communication skills.
Detail-oriented with the ability to manage multiple priorities and deadlines in a dynamic environment.

Nice To Haves

Experience working in a third-party payment processor, non-bank financial institution or full-service bank.
CAMS Certification or other equivalent professional certification in BSA, AML or Fraud
Ability to work independently and as part of a team with a high level of integrity and professionalism.

Responsibilities

Monitor and track BSA/AML compliance issues.
Investigate suspicious transactions and escalate as needed.
Maintain accurate records and prepare compliance reports.
Collaborate with Operations, Compliance, Accounting, and other teams.
Support audits and regulatory examinations.
Assist with process improvements and risk mitigation.
Ensure adherence to all regulatory requirements and internal policies.
Stay updated on industry trends and best practices.
Ensure compliance with regulatory and organizational standards.
Provide training or support for new systems or processes.

Benefits

Flexible time off to include paid holidays and volunteer time
Robust health, dental, and vision insurance plans on your first day of employment
Comprehensive employee assistance program (EAP)
Employer-paid life insurance/AD&D/short-term and long-term disability insurance
Flexible spending account (FSA) or health savings account (HSA)
Matched 401(k)
Employee stock purchase plan

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