BSA Analyst I (or higher depending on experience)

WestStar Bank•El Paso, TX

7d•Onsite

About The Position

This position is responsible for reviewing Yellow Hammer BSA identified suspects on a daily basis. Assists the BSA/OFAC Officer with the implementation and administration of the Bank Secrecy Act’s FinCen 314 (a) requests, and OFAC Compliance.

Requirements

Minimum one year bank operations experience.
Knowledgeable of BSA (Bank Secrecy Act)
Strong analytical skills.
Strong math skills and familiarity with basic accounting.
Strong communication and writing skills.
Proficient with Microsoft Office, to include Word and Excel

Nice To Haves

Knowledgeable of bank teller operations preferred.

Responsibilities

Reviews Yellow Hammer Cash Work Lists, Specialized Work Lists, and High Risk Customer Work Lists on a daily basis
Investigate potentially suspicious activity
Investigate potentially high risk customers
Compile evidence and documentation in compliance with the bank’s BSA/AML policy, procedures and regulatory requirements
Perform periodic file reviews (including review of complex relationships) ensuring activities are reviewed across the spectrum of products and services used by the customer
Assists the BSA/OFAC Officer with the management of all programs and systems utilized by the bank to research 314(a) requests
Responsible for retrieving 314(a) case information when posted to the secure information sharing system
Upload of 314 (a) requests into the Yellow Hammer BSA Software
Researches active and closed accounts against FinCen 314(a) requests; researches active and monetary logs against FinCen 314(a) requests
Distributes FinCEN 314(a) requests to various departments; must ensure departments research and return request within a given amount of time
Responsible for notifying FinCen and appropriate personnel of any positive matches found
Assist the BSA/OFAC Officer in the developing, maintaining and implementation of policy and regulatory procedures related to OFAC compliance bank wide
Conducts independent monitoring and testing of bank systems, and third party vendors for compliance procedures and processes
Monitor daily reports of OFAC activity within JHA products used by the bank to ensure compliance
Communicate with branches and other departments personnel on issues related to OFAC compliance
Working with other departments and control functions to ensure new rules are appropriately implemented and monitored
Manages PEP updates to ensure compliance with BSA’s Customer Due Diligence program to include all programs and systems utilized by the bank
Conducts Batch file processes
Knowledge and administration of software used by bank personnel
Provides support to special projects as needed
Assist BSA Officer with bank-wide BSA Training
Other department duties as assigned