Bank Secrecy Ctr Analyst Jobs (NOW HIRING)

Job Title:Bank Secrecy Act (BSA) Analyst

Department:Risk & Compliance

Job Reporting Relationships

Supervised by:BSA Officer

Supervises:None

It is the policy of the Bank to provide equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, marital status, genetic predisposition or carrier status, national origin, age, physical or mental disability or status as a Vietnam-Era or special disabled veteran or any other legally protected status in accordance with applicable Federal and New York State laws unless a bona fide occupational qualification applies. This policy applies to all terms and conditions of employment, including, but not limited to, hiring, placement, promotion, termination, layoff, transfer, leaves of absence, compensation, benefits, and training.

Education/Training: A high school diploma or equivalent.

Skill(s): Proficient reading, writing, grammar, and mathematics skills; visual and auditory skills; proficient interpersonal relations and communicative skills; proficient PC literacy with strong skills in Excel and Word; thorough knowledge of applicable banking regulations; sound judgment and high degree of discretion and confidentiality; ability to set goals, prioritize and execute duties of the position; valid driver’s license.

Experience: 2-3 years of experience in BSA/AML/OFAC and/or branch operations procedures. ACAMS Certification preferred or obtain job specific certification within 3-5 years.

To support the bank secrecy act compliance function and the Bank Secrecy Act Officer; responsible for various bank secrecy, anti-money laundering and OFAC compliance tasks and performing a variety of duties related to the BSA compliance function; ensuring regulatory required transactions are identified, assessed, and reported upon and/or referred to appropriate party within regulatory time frames.

Does not have authority to make decisions with respect to hiring, firing, demotions, or significant reassignments.

1.Performs a variety of duties to support the bank’s Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance function of which the following are illustrative:

a.Assist in performing and maintaining the bank’s Currency Transaction Reporting (CTR) and Exemptions programs; b.Assist in performing and maintaining the bank’s Customer Risk Rating (CRR), Customer Due Diligence (CDD) and Higher Risk Customer programs;

c.Assist in performing and maintaining the bank’s Customer Identification Program (CIP), including, but not limited to Beneficial Ownership; d.Assist in performing and maintaining the bank’s Office of Foreign Assets Control (OFAC) sanctions, section 311, 314(a) and 314(b) information sharing programs;

e.Assists in implementing a system of internal controls for compliance with the Bank Secrecy Act and related statutes and regulations including suspicious activity reporting and anti-money laundering throughout the bank’s functional areas and across products and services; f.Utilizes the BSA/AML monitoring software, Patriot Officer. This includes, but is not limited to, monitoring data quality and reconciliation from the bank’s core data to the software, periodic tuning of the software, utilizing the software to perform screening of customers and transactions against various sanctions lists, reviewing currency transaction reporting prepared by the software and filing required reports with FinCEN, identifying account activity for possible suspicious transactions and financial patterns and reporting any findings to the BSA Officer;

g.Utilizes the fraud monitoring software, Guardian Officer. This includes, but is not limited to identifying account activity for possible fraudulent transactions and reporting any findings to the BSA Officer; h.Assist with preparation of reports regarding the BSA/AML compliance function to Senior Management and the Board of Directors or designated committees;

i.Assists in the ongoing review and revision of the bank’s procedures related to BSA/AML and OFAC functions; j.Assist with preparation of documentation for upcoming Federal Reserve and Department of Financial Services examinations or independent audits pertaining to the bank’s BSA/AML or OFAC programs;

k.Attends webinars, seminars, workshops, and various trainings as necessary to maintain and further expand BSA/AML and OFAC expertise.

2.Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the workplace.

3.Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the Bank's compliance with all regulatory requirements, e.g. Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc.

4.Reports pertinent information to the immediate supervisor as requested, or according to an established schedule; compiles information as necessary or as directed and provides data to appropriate Bank personnel.

5.Responds to inquiries relating to his/her particular area, or to requests from customers, other Bank personnel, etc., within given time frames and within established policy.

6.Interact with colleagues in a professional and pleasant manner, represent company as a professional in appearance and manner, and communicate orally and in writing at the highest level of professionalism.

1.Provide backup services for the BSA Officer.

2.Performs tasks which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances.

Alden, NY – Headquarters

Various Offsite Locations

Equipment/Machines

1.Telephone

2.PC/Computer keyboard & Mouse

3.Printer

4.Calculator

5.Typewriter/Word processor

6.Fax machine

7.Copy/Scan Machine