• Job Description

  Req#: BSAAM002133
  Job Description:
  
  Employer is seeking a BSA/AML Analyst to ensure compliance with the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) regulations. The role involves monitoring for suspicious activities, conducting investigations, and testing for regulatory compliance.
  
  Advantages of joining our team:
  
  - Opportunity to contribute to the fight against financial crimes
  - Gain experience in BSA/AML compliance and risk management
  - Work in a fast-paced environment with opportunities for professional development
  - Collaborate with a dedicated team to ensure regulatory compliance
  - Make a meaningful impact in protecting the integrity of the financial system
  
  Responsibilities:
  
  - Perform daily review, monitoring, and analysis of reports and transaction data
  - Identify trends and unusual activity
  - Determine if transactions are suspicious in nature
  - Conduct suspicious activity report (SAR) investigations
  - File required Suspicious Activity Reports within deadlines
  - Conduct investigations on Elder Financial Exploitation events
  - File reports with county agencies as required
  - Perform risk assessment and ranking of customers
  - Prepare and file Currency Transaction Reports (CTRs)
  - Perform Enhanced Due Diligence analysis reviews
  - Conduct OFAC verification scrub of customer base
  - Review and decide potential OFAC matches
  - Carry out FinCEN 314(a) (PATRIOT Act) responsibilities
  - Test and monitor compliance with BSA/AML and OFAC regulations
  - Provide guidance to bank staff on BSA/AML and OFAC
  - Develop and present training on BSA/AML and OFAC
  - Create and update bank policies and procedures
  - Other duties as assigned
  
  Qualifications:
  
  - Bachelor's degree in Accounting, Business, Economics, Finance, or related field preferred
  - Minimum of three (3) years of experience in BSA/AML Compliance or five (5) years in consumer compliance, risk management, audit, or legal field related to financial services
  - Strong critical thinking and problem-solving skills
  - Knowledge of BSA, Customer Due Diligence, OFAC, and anti-money laundering regulations
  - Familiarity with transaction monitoring and customer due diligence processes
  - Familiarity with BSA/AML software
  - Knowledge of red flags for financial crimes
  - Ability to apply professional skepticism and support conclusions reached
  - Strong knowledge of industry and business perspectives
  - Advanced knowledge of banking operations
  - Effective communication skills
  - Detail-oriented with ability to manage multiple tasks in a fast-paced environment
  - Proficiency in Excel, Word, and PowerPoint
  - Professional certification(s) such as Certified Anti-Money Laundering Specialist (CAMS) preferred
  
  Additional Information:
  
  - Bank of the Sierra is an equal opportunity workplace and affirmative action employer committed to equal employment opportunities regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.

• About the company

  Since opening for business in January 1978, Bank of the Sierra has grown to become the largest independent bank in the southern San Joaquin Valley, with $1.8 billion in assets. The Bank is a multi-community financial institution that offers a full rang...

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