BSA Analyst

Summary: This position is primarily responsible for providing support to the BSA Officer by monitoring and analyzing data to detect suspicious activity, perform customer enhanced due diligence, and aid with the implementation of BSA Program requirements. This position is not a remote position and is located in Clewiston, FL for a minimum of 6 months while training.

Reports to: VP , BSA Officer

Essential Duties and Responsibilities

Follows and incorporates First Bank’s Core Values. Review reports and analyze transactions to detect suspicious activities and take appropriate action to escalate them. Ensure proper implementation and adherence to the Bank’s BSA Program including but not limited to CIP, Customer Due Diligence, Beneficial Ownership, OFAC, and recordkeeping and retention requirements. Assesses regulatory and internal compliance regarding BSA Operations, monitoring and control systems. Reviews and files all Currency Transaction Reports weekly. Completes bi-weekly 314(a) reporting. Performs required CDD and EDD reviews. Monitor fraud and BSA software to investigate any illegal or suspicious activity involving bank accounts including but not limited to possible kiting, credit card fraud, money-laundering, identity theft, etc. Ensure BSA files remain current, accurate, and well-documented. Research federal and state banking laws and regulations, reviews the Bank’s policies and procedures and ensures the Bank’s overall compliance with BSA laws and regulations. As necessary, informs departments and management about compliance changes that affect them. Other job duties as assigned associated to BSA or Fraud.

ATS provider: Paylocity.