Senior BSA Analyst

East West Bank•Overland Park, KS

15h•$20 - $35

About The Position

East West Bank is currently seeking a Senior Bank Secrecy Act (BSA) Analyst for our Customer Risk Management Group. This person will report up to our FVP/Customer Risk Management Manager in our Pasadena location. The Senior BSA Analyst will review new and existing customer accounts to ensure compliance with BSA and USA Patriot Act and to determine their risk rating profile. The customer reviews include mitigating risk, identifying suspicious activity, escalate important issues, and working with relationship managers and account officers.

Requirements

3-5 years’ experience of BSA/AML/OFAC related activities in financial services industry
Experience conducting financial crime investigations, money laundering monitoring and/or other related BSA/AML experience
Banking, operations, BSA & USA Patriot acts background including performing EDD reviews on complex relationships required
Bachelor’s Degree preferred or equivalent experience
Familiar with BSA/AML relevant law and regulations both in US and China.
Well-organized, analytical, and critical thinking skills
Excellent verbal and written communication
Fluency in spoken and written English and Mandarin Chinese is essential for this role.
Strong attention to detail
Ability to work in a fast paced environment, creative thinker, internet savvy
Applicants must have legal authorization to work in the United States.
We do not offer visa sponsorship at this time.

Nice To Haves

CAMS certification preferred; we will pay for certification study for interested candidates

Responsibilities

Complete Enhanced Due Diligence (EDD) reviews on high risk individuals and entities to determine risk rating profile
Analyze data and results of existing transaction monitoring reports to determine if further investigation is warranted, if so take appropriate action using EWB financial platform
Gathers information from outside resources such as Internet searches, third-party vendors, public records, newspaper articles, etc.
Conducts follow-up with account officer for any missing or necessary documentation.
Reviews results from third-party vendors regarding authentication of identification on individuals and businesses, OFAC and government list, closed for cause, etc.
Conducts further research
Escalates to appropriate department
Develops relationships within appropriate levels of management for issue identification and resolution.
Prepares and documents analysis on summary write-ups.
Completes all required training.
Stay up to date and knowledgeable on BSA/AML/OFAC regulatory requirements and FinCEN guidelines
Use analytical skills to produce and follow leads, as well as link common or related activities to develop complete picture of suspicious activity and uncover new trends in fraudulent behavior
Assist BSA Officer/Managers and internal partners on preparing, logging and providing documents/materials per request from law enforcement officials.
May perform other duties as assigned