BSA Analyst

Banesco USA• Miami, FL, US, FL

19h•Hybrid

About The Position

Banesco USA is seeking a BSA Analyst for our Alerts & Exceptions Team unit. This role is responsible for reviewing account alerts and exceptions for high, moderate & low risk accounts through the Bank’s AML Monitoring System. The analyst will review and analyze transaction data in the In-House systems, Truth Technology and Google searches, documenting findings and/or requesting further information from account officers. They will discuss any incongruence in account activity with the Manager and, when needed, prepare referrals for the bank’s investigation unit. Responsibilities also include conducting the flag exclusion analysis on a yearly basis, monitoring daily reports for cash activity, and serving as back-up for the daily JH/ECS Reconciliation. The analyst will assist the BSA Manager with audits and other related tasks, as well as assist management in other assigned duties and projects. Completing the annual training program and performing other functions as assigned are also key aspects of this role.

Requirements

Associate’s degree in business or equivalent experience.
Three (3) to five (5) years of experience in the Banking industry in the BSA/Compliance area, working as an investigator or monitoring analyst.
Experience using ECS Monitoring System (Required)
Advance computer skills including but not limited to proficiency in Microsoft Office (Word, Excel, Power Point, etc.)
Must be bilingual in both English and Spanish. Ability to fluently speak, understand, read and write both languages.
Strong verbal and written communication skills, ability to communicate at all levels of the organization.
Strong attention to detail and accuracy.
Ability to multi-task, with strong organization, time-management and prioritizing skills.
Knowledge of BSA/AML standards and practices.
Intermediate knowledge of related State and Federal banking compliance regulations and operational policies.
Ability to work in a team environment ensuring deadlines are met.
Ability to understand and comprehend instructions, procedures and policies ensuring compliance with the Bank’s policies and procedures.
Intermediate knowledge in bank’s operation activities, terminology and products and services.

Nice To Haves

ACAMS or BSA/AML certification preferred.
Preferably, proficiency with specialized software used to trace crypto transactions, such as Chainalysis, Elliptic, TRM Labs, and CipherTrace.
Preferably, a deep comprehension of how different cryptocurrencies and blockchain technologies work, along with associated risks and typologies for financial crime.

Responsibilities

Responsible for reviewing account alerts and exceptions for high, moderate & low risk accounts through the Bank’s AML Monitoring System.
Responsible for reviewing and analyzing transaction data in the In-House systems, Truth Technology and Google searches and document findings and/or request further information from the account officers and verifying provided information.
Responsible for discussing any incongruence in the account activity with the Manager and, when needed, preparing the referral for the bank’s investigation unit.
Responsible for conducting the flag exclusion analysis on a yearly basis.
Monitors daily reports for cash activity and serve as back-up for the daily JH/ECS Reconciliation.
Assists BSA Manager preparing for audits and any other relates tasks
Assist management in other duties and projects as assigned.
Responsible for completing annual training program assigned.
Performs other functions and/or duties as assigned.