BSA FCI Analyst I

Summary

The BSA Financial Crimes Investigation Analyst I is responsible for the ongoing review of system-generated transaction monitoring reports and investigating situations involving unusual or suspicious activity of non-complex transactions. This position will also conduct the back-office processing for completion of Currency Transaction Reports (CTRs). Additionally, the BSA Financial Crimes Investigation Analyst I will review, maintain, and update data in other areas of compliance related to the BSA (Bank Secrecy Act) and other AML (anti-money laundering) laws and regulations.

Responsibilities

• Analyze currency transaction data and complete CTRs electronically.
• Manage, complete, and maintain the annual CTR exempt review.
• Meet daily CTR filing deadlines.
• Meet high volume of alert review deadlines.
• Investigate accounts and make recommendations to either clear or to further investigate.
• Make sound subjective decisions when suspicious activity is detected and document decisions accurately.
• Actively participate in career development, 1:1's, department meetings and complete other specified duties related to BSA compliance as may be assigned.
• Attend BSA/AML compliance training sessions to maintain current knowledge of industry best practices, laws, regulations, policies, and procedures applicable to BSA/AML/CFT.
• Maintain a 90% or higher Quality Control score each month.
• Conduct all duties in compliance with applicable laws, regulations, and bank policies and procedures.
• Contact branch associates and other business units for clarification of client activity, as needed, while maintaining client information in complete confidence.
• Make sound, risk-based conclusions and recommendations to clear activity or conduct additional monitoring.
• Complete monthly training in a timely manner to ensure knowledge of bank regulatory requirements, policies, and procedures.
• Other specified duties as assigned.