BSA Analyst

COMMUNITY NATIONAL BANK•Midland, TX

4d•Onsite

About The Position

Under general supervision, this position reviews and monitors activity pertaining to the Bank Secrecy Act and Anti-Money Laundering Program using industry standard and regulatory guidance to ensure the bank’s compliance with BSA/AML regulatory requirements is maintained on a daily basis.

Requirements

Be familiar with all aspects of BSA/AML/OFAC
Detail oriented and problem-solving skills
Self-Motivated
Ability to maintain good interpersonal relationships with coworkers in all bank departments.

Responsibilities

Responsible for staying up to date on and complying with all applicable banking laws and regulations as well as CNB policies and procedures.
Maintain appropriate knowledge in laws and regulations pertaining to the Bank Secrecy Act/Anti- Money Laundering (BSA-AML), OFAC (Office of Foreign Asset Control (OFAC), Customer Identification Program (CIP).
Assist in completing and filing Currency Transaction Reports accurately and within regulatory deadlines.
Assist with monitoring and reviewing Phase I and Phase II CTR exemptions.
Assist in maintaining OFAC Compliance by reviewing and disposition potential OFAC matches withing the AML software.
Disposition BSA/AML alerts withing the BSA/AML software in a timely manner.
Maintain, review, and monitor high risk customer accounts, money services businesses, and cash intensive businesses.
Assist BSA Officer with audit and exam preparation.
Assist in the preparation of the Money Laundering Risk Assessment for the OCC.
Assist with the administration of BSA/AML software.
Maintain regular and punctual attendance.
Work cooperatively with others.
Work overtime as needed.
Perform other duties as required or assigned which are reasonably within the scope of the duties in the job classification.