Verified Job
Accounting - Finance
BSA Analyst
Accounting - Finance
#509649
Remote / WFH
Job Description
Qualifications
Must possess the ability to understand and interpret the Bank Secrecy Act and Anti-Money Laundering regulations, the USA Patriot Act, Know Your Customer (KYC), Office of Foreign Asset Control (OFAC), Customer Identification Program (CIP) and any other related regulations
Ability to effectively communicate verbally and in writing; professionally interact with employees to explain technical processes of the BSA/AML software in an easily understandable manner
Ability to gather and analyze information skillfully, display ability to fully investigate and recognize fraudulent/suspicious activity, display willingness to make decisions
Knowledge of various business types and their associated transaction activity
Ability to detect activity that may be normal or abnormal for a customer
Ability to use Microsoft Outlook, Word, and Excel
Ability to accurately type using a keyboard
Knowledge of bank operations and products
Knowledge of basic accounting
Knowledge of and training on federal and state compliance laws
Excellent customer service skills
Frequent use of PC, including typing or sustained attention to monitor
Occasional presentations requiring public speaking to small groups
Occasional lifting of basic office files or equipment up to 20 lbs
Normal office environment with comfortable internal temperatures and low level noise
Responsibilities
The BSA Analyst is responsible for functions involved with the daily monitoring of activities related to the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program, and assisting management with ensuring compliance with regulations, bank policies and procedures
Write detailed reports and documentation as needed
Review daily Currency Transactions Reports (CTRs) completed by branch and back-office personnel
Review core system cash transaction reports to ensure they coincide with the CTRs generated in the BSA/AML monitoring system
Ensure the required information for the currency transactions exceeding $10,000.00 is submitted to the FinCEN in a timely manner
Conduct CTR exemption initial and annual reviews
Review suspicious activity alerts and identify those that require additional investigation
Write detailed reports and documentation as needed
Assist branch staff with issues related to the various reports/information required to be completed for BSA/AML purposes
Participate in compliance training and continuing education to maintain proficiency with BSA/AML compliance laws and regulations
Responsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies
Note: Reasonable accommodation may be made to enable otherwise qualified associates/applicants with disabilities to perform the essential functions of the job
Including but not limited to revenues, and expenses
Sustained standing and sitting
Job description
At ServisFirst, Our Name is Our Mission.
Duties And Responsibilities
The BSA Analyst is responsible for functions involved with the daily monitoring of activities related to the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program, and assisting management with ensuring compliance with regulations, bank policies and procedures.
The Incumbent Will
• Write detailed reports and documentation as needed.
• Review daily Currency Transactions Reports (CTRs) completed by branch and back-office personnel.
• Review core system cash transaction reports to ensure they coincide with the CTRs generated in the BSA/AML monitoring system.
• Ensure the required information for the currency transactions exceeding $10,000.00 is submitted to the FinCEN in a timely manner.
• Conduct CTR exemption initial and annual reviews.
• Review suspicious activity alerts and identify those that require additional investigation.
• Write detailed reports and documentation as needed.
• Assist branch staff with issues related to the various reports/information required to be completed for BSA/AML purposes.
• Participate in compliance training and continuing education to maintain proficiency with BSA/AML compliance laws and regulations.
• Responsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies
Note: Reasonable accommodation may be made to enable otherwise qualified associates/applicants with disabilities to perform the essential functions of the job.
Note: Additional duties and responsibilities may be assigned
Minimum Qualifications
• Bachelor’s degree preferred
• Preferred experience with the Bank Secrecy Act, Anti-money Laundering Act and Office of Foreign Asset Control
• Must possess the ability to understand and interpret the Bank Secrecy Act and Anti-Money Laundering regulations, the USA Patriot Act, Know Your Customer (KYC), Office of Foreign Asset Control (OFAC), Customer Identification Program (CIP) and any other related regulations.
• Ability to effectively communicate verbally and in writing; professionally interact with employees to explain technical processes of the BSA/AML software in an easily understandable manner
• Ability to gather and analyze information skillfully, display ability to fully investigate and recognize fraudulent/suspicious activity, display willingness to make decisions
• Knowledge of various business types and their associated transaction activity. Including but not limited to revenues, and expenses.
• Ability to detect activity that may be normal or abnormal for a customer
• Ability to use Microsoft Outlook, Word, and Excel
• Ability to accurately type using a keyboard
• Knowledge of bank operations and products
• Knowledge of basic accounting
• Knowledge of and training on federal and state compliance laws
• Excellent customer service skills
Physical Requirements And Environmental Conditions
The physical requirements and environmental conditions of this position consist primarily of:
• Sustained standing and sitting
• Frequent use of PC, including typing or sustained attention to monitor
• Occasional presentations requiring public speaking to small groups
• Occasional lifting of basic office files or equipment up to 20 lbs
• Normal office environment with comfortable internal temperatures and low level noise
EOE/AA
Must possess the ability to understand and interpret the Bank Secrecy Act and Anti-Money Laundering regulations, the USA Patriot Act, Know Your Customer (KYC), Office of Foreign Asset Control (OFAC), Customer Identification Program (CIP) and any other related regulations
Ability to effectively communicate verbally and in writing; professionally interact with employees to explain technical processes of the BSA/AML software in an easily understandable manner
Ability to gather and analyze information skillfully, display ability to fully investigate and recognize fraudulent/suspicious activity, display willingness to make decisions
Knowledge of various business types and their associated transaction activity
Ability to detect activity that may be normal or abnormal for a customer
Ability to use Microsoft Outlook, Word, and Excel
Ability to accurately type using a keyboard
Knowledge of bank operations and products
Knowledge of basic accounting
Knowledge of and training on federal and state compliance laws
Excellent customer service skills
Frequent use of PC, including typing or sustained attention to monitor
Occasional presentations requiring public speaking to small groups
Occasional lifting of basic office files or equipment up to 20 lbs
Normal office environment with comfortable internal temperatures and low level noise
Responsibilities
The BSA Analyst is responsible for functions involved with the daily monitoring of activities related to the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program, and assisting management with ensuring compliance with regulations, bank policies and procedures
Write detailed reports and documentation as needed
Review daily Currency Transactions Reports (CTRs) completed by branch and back-office personnel
Review core system cash transaction reports to ensure they coincide with the CTRs generated in the BSA/AML monitoring system
Ensure the required information for the currency transactions exceeding $10,000.00 is submitted to the FinCEN in a timely manner
Conduct CTR exemption initial and annual reviews
Review suspicious activity alerts and identify those that require additional investigation
Write detailed reports and documentation as needed
Assist branch staff with issues related to the various reports/information required to be completed for BSA/AML purposes
Participate in compliance training and continuing education to maintain proficiency with BSA/AML compliance laws and regulations
Responsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies
Note: Reasonable accommodation may be made to enable otherwise qualified associates/applicants with disabilities to perform the essential functions of the job
Including but not limited to revenues, and expenses
Sustained standing and sitting
Job description
At ServisFirst, Our Name is Our Mission.
Duties And Responsibilities
The BSA Analyst is responsible for functions involved with the daily monitoring of activities related to the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program, and assisting management with ensuring compliance with regulations, bank policies and procedures.
The Incumbent Will
• Write detailed reports and documentation as needed.
• Review daily Currency Transactions Reports (CTRs) completed by branch and back-office personnel.
• Review core system cash transaction reports to ensure they coincide with the CTRs generated in the BSA/AML monitoring system.
• Ensure the required information for the currency transactions exceeding $10,000.00 is submitted to the FinCEN in a timely manner.
• Conduct CTR exemption initial and annual reviews.
• Review suspicious activity alerts and identify those that require additional investigation.
• Write detailed reports and documentation as needed.
• Assist branch staff with issues related to the various reports/information required to be completed for BSA/AML purposes.
• Participate in compliance training and continuing education to maintain proficiency with BSA/AML compliance laws and regulations.
• Responsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies
Note: Reasonable accommodation may be made to enable otherwise qualified associates/applicants with disabilities to perform the essential functions of the job.
Note: Additional duties and responsibilities may be assigned
Minimum Qualifications
• Bachelor’s degree preferred
• Preferred experience with the Bank Secrecy Act, Anti-money Laundering Act and Office of Foreign Asset Control
• Must possess the ability to understand and interpret the Bank Secrecy Act and Anti-Money Laundering regulations, the USA Patriot Act, Know Your Customer (KYC), Office of Foreign Asset Control (OFAC), Customer Identification Program (CIP) and any other related regulations.
• Ability to effectively communicate verbally and in writing; professionally interact with employees to explain technical processes of the BSA/AML software in an easily understandable manner
• Ability to gather and analyze information skillfully, display ability to fully investigate and recognize fraudulent/suspicious activity, display willingness to make decisions
• Knowledge of various business types and their associated transaction activity. Including but not limited to revenues, and expenses.
• Ability to detect activity that may be normal or abnormal for a customer
• Ability to use Microsoft Outlook, Word, and Excel
• Ability to accurately type using a keyboard
• Knowledge of bank operations and products
• Knowledge of basic accounting
• Knowledge of and training on federal and state compliance laws
• Excellent customer service skills
Physical Requirements And Environmental Conditions
The physical requirements and environmental conditions of this position consist primarily of:
• Sustained standing and sitting
• Frequent use of PC, including typing or sustained attention to monitor
• Occasional presentations requiring public speaking to small groups
• Occasional lifting of basic office files or equipment up to 20 lbs
• Normal office environment with comfortable internal temperatures and low level noise
EOE/AA
