The position of BSA Analyst shall be responsible for routine monitoring of bank activity and transactions to ensure the bank is compliant with BSA (CTRs, SAMs, Exemptions, and SARs). In addition, the position will serve as back up for the Fraud Prevention Department of the bank.
- CTRs - daily review of system generated reports to ensure all Currency Transaction Reports (CTRs) are filed within the 15 day period from date of transaction
- Review of daily cash reports for CTR’s (CTR Merge, Cash Transaction Detail, Cash Transaction Merge Yellow Hammer)
- CTR Acknowledgements
- Prepare CTR monthly totals and track for patterns
- Process all SAMs within 3 business days of document date
- Assist with processing all SARs within 30 days of recommendation from committee
- Assist with AML Monitoring through review of various system reports
- Review BSA cases found in the banks AML Program
- Assist with Due Diligence on high risk customers/accounts – review of activity (deposits, withdrawals, wires, etc.) on high risk accounts (MRBs, Independent ATM Owners, MSBs, NBFIs, NRAs, etc.) as warranted and/or as scheduled
- Assist with CTR Training for New Hires and annual employee refresher
- Maintain Customer CTR data base
- Back up with Fraud Prevention Department
Secondary Duties
Additional duties include completion of related reports as needed, assistance with compliance testing, and any other duties as assigned. This position is expected to participate in audits and examinations as needed, with high regard for accuracy, professionalism, and presentation.
Knowledge, Skills, and Abilities
Knowledge of personal computers and software for word processing and spreadsheets is required. Position demands attention to detail. This position requires the ability to meet established deadlines, work productively in groups and individually, communicate effectively in writing and orally, operate standard office equipment, work extended hours occasionally, and travel to various bank locations and training activities as needed.
Position Requirements
- Graduation from high school (or equivalent)
- At least five (5) years of experience in bank operations and / or loans
- At least three (3) years experience in Bank Secrecy Act
#J-18808-Ljbffr
