BSA/AML Analyst 2

The BSA/AML Analyst, 2 is responsible for supporting the BSA/AML Compliance Manager with the day to day functions of the BSA Compliance Department in the area of the Bank Secrecy Act and Anti-Money Laundering to ensure all regulatory requirements are met. The candidate is expected to provide a high level of service and be responsive to the needs of all business units served by the Department. The BSA/AML Compliance Analyst, 2 is responsible for managing their workload successfully to completion with limited supervision, manage a diverse portfolio of tasks with various deadlines maintain a high level of performance and provide analysis on industry trends by application of internal processes and procedures. They are responsible for providing high level of support to the overall management of the BSA program.

Essential Job Functions

Investigations:

• Conducts time-sensitive, meticulous investigation on each account and customer activity which is potentially linked to money laundering, terrorist financing, organized crime and other high-profile financial crime activity in order to determine if further investigation is warranted.
• The role requires critical time management skills in order to complete investigations within procedurally defined timelines. Complete other time sensitive BSA tasks including, but not limited to, OFAC and PEP screening.

Compliance:

• Applies internal policies and control procedures with a knowledge and understanding of guidance, laws and regulations.
• Maintain and grow subject matter expertise and knowledge of Compliance Management Systems.
• Demonstrates foundational knowledge of credit card operations, banking, financial, loyalty rewards, retail and credit card regulations while working with the business.  
• Applies knowledge of Microsoft Office tools such as Word, Excel, PowerPoint, and Teams to execute daily work.  
• Excellent grammar, written and verbal communication skills is required.

Business Partnerships:

• Escalates complex or significant issues to more senior compliance associates as appropriate.
• The role is responsible for communicating discoveries, issues, best practices and trends with internal BSA/AML constituents.
• Partner with the business to understand processes, proposals, projects, etc. to develop a risk-based set of solutions to address regulatory requirements.
• Effectively communicates within the BSA/AML Compliance organization and across other areas of the business, conveying key information to both internal and external audiences as appropriate.  
• Complete all mandatory e- learning modules within stipulated timelines and attend trainings for which nominated

Reports to: Lead or above

Working Conditions/ Physical Requirements: General Office Setting.

Direct Reports: None  

Minimum Qualifications:  

• Bachelor’s Degree or equivalent education in any discipline  
• 2+ years of experience to include at least one year of experience in Financial Crimes Compliance, Transaction Monitoring, Customer Screening in banking and financial services  

Preferred Experience:  

• 2+ years of experience in Financial Crimes Compliance, Transaction Monitoring, Customer Screening in banking and financial services