Job Description
BSA / AML Analyst:
The BSA Analyst will be responsible for implementing, and monitoringadministering the Bank's BSA/AML program to ensure compliance with the Bank Secrecy Act, and all other Anti-Money Laundering and Office of Foreign Assets Control laws and regulations. The BSA Analyst supports the Bank Secrecy Act training effort for the Board of Directors, appropriate management, and staff personnel; participates in briefings of management and staff on BSA/AML compliance issues and responds to BSA/AML questions. The Analyst monitors the BSA/AML/OFAC risks. This position will be responsible for monitoring the banks compliance with all banking laws and regulations whileoverseeing the compliance program, including training and implementation throughout the bank and for the bank's CRA performance and reporting to leadership.
Responsibilities:
* Understands government regulations with particular emphasis on the Bank Secrecy Act and related regulations
* Ability to bring the processes into the now for a community ag-based bank
* Address regulatory changes that impact the departments
* Assist departments in implementing processes necessary to comply with regulations
* Performs regulatory research in response to departments/people compliance inquiries, projects, and changes while communicating with diplomacy and tact
* Performs analysis of BSA related data to draw conclusions about the level of compliance throughout the enterprise
* Coordinating and assisting in the administration of the independent, state, and federal regulator and auditor examinations and reviews
* Coordinating responses to regulatory BSA-AML examinations and audits and actions taken to ensure deficiencies are corrected
* Make recommendations to the senior management when and where appropriate
* Maintains proficient knowledge of the rules and regulations, including but not limited to, the Bank Secrecy Act (BSA), USAPatriot Act, and OFAC
* Works with operations units to investigate transactions that are suspicious in nature
* Submits Suspicious Activity Reports for BSA-AML-related activities
* Monitors and tracks BSA-AML high-risk customers and accounts
Qualification:
Minimum of 3+ years banking experience and 2+ years working in the BSA and Compliance areas.
* Minimum of 3+ years banking experience in operations, deposit account opening, mortgage lending, or loan operations.
* Minimum Associate Degree, prefer Bachelor's Degree in business-related study.
* Formal bank-related training or certifications are helpful.
For additional information on this opportunity contact Brenda Hoek directly at. Resumes may be confidentially sent to
All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations.
GPAC (Growing People and Companies) is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States since 1990. We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.
Job Tags
Full time,