BSA Analyst
Hanover Community Bank•Town of Islip, NY
•$24 - $31•Hybrid
About The Position
Hanover Bank is looking for a full-time BSA Analyst to join the team. The BSA Analyst is responsible for assisting with most aspects of the Bank’s BSA/AML compliance program. They will review and investigate alerts and perform other BSA compliance duties as assigned.
Requirements
- CAMS Certification preferred, or willing to obtain after one year of employment.
- Bachelor’s degree required
- 1 - 3 years BSA experience preferred
- Working knowledge and understanding of general banking principles.
- Strong internet research skills.
- Strong verbal and written communication skills.
- Sound analytical and problem-solving skills.
- A high degree of accuracy and attention to detail.
- PC literate with proficiency in Microsoft Outlook, Word & Excel.
- Ability to work and contribute in a team-oriented and collaborative environment.
- Ability to meet deadlines and manage multiple tasks.
Responsibilities
- Review & clear alerts generated by the Bank’s BSA/AML transaction monitoring system. Escalate alerts to cases for further review in a timely manner.
- Conduct in-depth investigations, including potential regulatory filings (SARs) for unusual activity.
- Daily monitoring of audit log, OFAC review, and unvalidated transactions.
- Assist in the preparation and submission of Currency Transaction Reports (CTR) within the required time frames.
- Perform Enhanced Due Diligence reviews on High-Risk Customers.
- Assisting in calibration of transaction monitoring rules and in preparation of BSA/AML/OFAC annual risk assessment.
- Stay current with changes in BSA and related laws & regulations.
- Handle any other duties or special projects as assigned by BSA Management.
Benefits
- Medical, Dental, and Vision insurance (with HSA, FSA, and Commuter Benefits options)
- Company-paid Life Insurance and Accidental Death & Dismemberment (AD&D)
- Company-paid Long-Term Disability Insurance
- Additional Life and AD&D Insurance for employee, spouse, and dependents
- Voluntary Short-Term Disability Insurance
- Pet Insurance
- Legal Services Plan
- Accident Insurance
- Hospital Indemnity Insurance
- Cancer Care Insurance
- 401(k) Plan with Company Match
- Paid Personal Time Off (PTO)
- Paid Company Holidays
- Annual Performance Bonuses
- Annual Salary Increases
- Company-sponsored Events
- Employee Contests and Recognition Programs
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
