Senior Analyst BSA-2

Webster Bank • Southington, CT

3d • $75,000 - $85,000

About The Position

The Senior Analyst BSA is required to perform complex and detailed financial forensic reviews and analyses of client transactions and other financial statements to detect suspicious activity, money laundering patterns, U.S. Sanctions violations, KYC violations, adherence to CTR and MIR regulations, fraudulent activity, terrorist financing trends, anomalies, and other types of financial crimes. The Senior BSA Analyst is required to prepare detailed investigation reports that logically outline investigative steps taken, research completed, recommendations and decisions made. The Senior BSA Analyst utilizes analytical judgment and knowledge of the Bank Secrecy Act and Anti-Money Laundering laws and regulations to recommend if a Suspicious Activity Report (SAR) should be filed with the Financial Crimes Enforcement Network (FinCEN), as well as train junior level analysts. The position could also be asked to help with special projects and take on more responsibility as needed. Job Summary The Senior Analyst BSA is required to perform complex and detailed financial forensic reviews and analyses of client transactions and other financial statements to detect suspicious activity, money laundering patterns, U.S. Sanctions violations, KYC violations, adherence to CTR and MIR regulations, fraudulent activity, terrorist financing trends, anomalies, and other types of financial crimes. The Senior BSA Analyst is required to prepare detailed investigation reports that logically outline investigative steps taken, research completed, recommendations and decisions made. The Senior BSA Analyst utilizes analytical judgment and knowledge of the Bank Secrecy Act and Anti-Money Laundering laws and regulations to recommend if a Suspicious Activity Report (SAR) should be filed with the Financial Crimes Enforcement Network (FinCEN), as well as train junior level analysts. The position could also be asked to help with special projects and take on more responsibility as needed.

Requirements

• Knowledge of and experience with BSA (Bank Secrecy Act) and AML (Anti Money Laundering) regulations
• Strong analytical, computer, presentation, and written and verbal communication skills.
• Qualifications in Business, Accounting, Finance, Economics, Criminal Justice or related field
• of experience in corporate compliance, banking, investigations or related BSA/AML field

Nice To Haves

• ACAMS certification

Responsibilities

• Exhibits independent responsibility and autonomy in their daily tasks; ensuring timely resolution of alerts, cases and other assignments.
• Maintain top levels of production and quality while taking on growth opportunities and challenging/complex work tasks
• Monitors client transactions across multiple delivery channels to identify trends and patterns of suspicious activity and financial crimes and takes appropriate action.
• Recommends closure of accounts deemed risky or suspicious
• Demonstrates masterly level knowledge of BSA/AML compliance during their duties; including but not limited to, BSA, U.S.A. Patriot Act, CIP and OFAC regulations.
• Escalates to management potential high-risk clients, suspicious activity and related financial crimes to mitigate risks.
• Conduct reviews of junior level AML Analysts work product for quality and consistency prior to submission to Management.
• Assists in staff member development through training and mentoring

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees