A long standing family owned bank is looking to add a Senior BSA Analyst to their BSA Compliance team. While reporting to the BSA/OFAC Officer, this role will be responsible for leading comprehensive aspects of the banks BSA/AML/OFAC programs while ensuring overall adherence to state and federal regulations. This role will sit 5 days in office in Irving, TX.
Responsibilities:
- Lead a team of 2 BSA analysts
- Assist and guide in the daily operation of automated BSA/AML/Fraud systems
- Conduct and oversee investigations pertaining to financial crimes including potential money laundering, terrorist financing, etc.
- Oversee transaction monitoring including investigating and reviewing SARs and CTRs
- Collaborate with the BSA/OFAC Officer in assigning risk scores and preparing the Bank's annual BSA/AML Risk Assessment
- Assist in coordinating responses to regulatory BSA/AML examinations and audits, implementing corrective measures as needed
- Work with senior management to recommend improvements to BSA/AML procedures
- Collaborate cross functionally to assist in 314a & 314b information sharing responses
Qualifications:
- Bachelor's degree preferred
- 3+ years experience in Banking BSA/AML compliance
- Experience with high risk businesses such as Money Service Businesses (MSBs) preferred
- Well versed in Verafin software
- Strong understanding of BSA/AML & OFAC rules and regulations
- CAMS or CFE certifications are a plus