BSA Senior Analyst I & II

Location: Los Angeles
Posted on: October 29, 2024

Job Description:

This BSA Senior Analyst I & II Position Features:

? Well-established company

? Amazing opportunity for growth and advancement

? Great atmosphere and environment

? Great Pay: up to $95K

Description

The BSA Officer is responsible for day-to-day implementation of Bank?s BSA review, investigation, account identification, analyzing and reporting any activity believed to be associated with unusual and suspicious account activity such as potential structuring, money laundering or terrorist financing to ensure the Bank is in compliance with the Bank Secrecy Act and USA Patriot Act. This includes identification of unusual transactions and timely and accurate filing of the Bank?s suspicious Activity reports and currency transaction reports.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

1. Pursuant to the Bank?s established BSA Monitoring Program/Desktop Procedures, conduct and review and analyze all the appropriate SAR monitoring reports to identify unusual/suspicious account activity for Suspicious Activity Reports (SARs)

Conduct additional research and investigation or assist BSA Operations Manager to supervise the performance of research and investigation conducted by BSA Analysts on specific unusual / suspicious account activity to determine whether a SAR is warranted.

2. Using the SAR Manager program, prepare and complete SARs or assist BSA Operations manager to oversee the preparation and filing of SARs, as determined.

3. Review or prepare, as necessary, the CTRs prepared by BSA Analyst I (CTR Specialist) for accuracy and completeness prior to the e-filing and ensure CTRs are e-filed in timely manner including error corrections.

4. Assist BSA Operations Manager and / or BSA Officer to train BSA Analysts on customer due diligence procedures for account monitoring and on the research, investigation and drafting of SARs and CTRs and on enhanced due diligences on high risk accounts by the bank?s program

5. Review and conduct periodic OFAC scan to determine whether there is true match of the list

6. Analyze and prepare the Suspect Check-Kiting Report. Investigate any issues and communicate the findings to the BSA Operations Manager and / or BSA Officer. Assist in the explanation to branch personnel and Operations Administration of the potential risks identified

7. Review the high risk due diligence procedures for designated high risk accounts determined by BSA Monitoring Program and / or by BSA Officer and / or BSA Operations Manager

8. Prepare and review the designated high risk accounts determined by BSA Monitoring Program and / or by BSA Officer and / or BSA Operations Manager

Requirements

Education, Experience, and Qualifications:

1. Bachelor?s Degree in related fields of business or financing or equivalent experience is required.

2. 2+ years of bank?s operations experience is preferred.

3. 6+ years of BSA related experience is required.

We are an equal employment opportunity employer and will consider all qualified candidates without regard to disability or protected veteran status.

Keywords: , Chino Hills , BSA Senior Analyst I & II, Professions , Los Angeles, California