MAINSTREET BANK BSA Analyst Salary in the United States

Description

Performs a variety of duties to assist the BSA Officer with compliance to the Bank Secrecy Act, Office of Foreign Assets Control, USA PATRIOT Act and other Anti-Money Laundering regulations. Monitors transaction activity on daily basis. Assists the BSA Officer in monitoring activity within the Bank, implementing policies and procedures, and ensuring compliance with all BSA related regulations and enhanced due diligence programs. Assists in the investigation of fraudulent, illegal, or suspicious activities that could cause losses to or claims against the Bank.  Specific duties include the following:

• Performs review of all new accounts to ensure that all CIP information has been documented in a timely manner.
• Reviews OFAC reports and 314(a) reports.
• Assists BSA Officer with 314(b) requests.
• Monitors daily reports for cash activity and completes Currency Transaction Reports.
• Monitors account activity daily in Fraud software.
• Assists in identifying suspicious activity and helps the BSA Department in the completion of Suspicious Activity Reports.
• Reviews and analyzes transaction data through daily reports and system alerts for unusual activity; investigates and researches as necessary.
• Make recommendations to the BSA Officer and senior management when and where appropriate.

Requirements

• Bachelor’s degree or minimum three years equivalent experience.
• Experience as BSA investigator or previous banking experience to include knowledge of and work with BSA requirements; at least 3 years preferred.
• Familiarity with BSA and related regulations.
• Ability to learn and attain proficiency with the Bank’s core system of products from Jack Henry.
• Detail oriented and accurate
• Excellent analytical, judgment, and research skills
• Must be a self-starter and have the ability to multi-task
• Strong written and verbal communication skills.

At MainStreet Bank we strive to bring talented, team-oriented individuals on staff to meet and exceed our customers' needs. MainStreet team members enjoy a friendly working environment, opportunity for personal and professional growth, generous benefits and access to resources for improving their well-being.

For more information visit our website at  www.mstreetbank.com 

MainStreet Bank is an equal opportunity employer. Employment selection and related decisions are made without regard to sex, race, age, disability, religion, national origin, color or any other protected class.