BSA Analyst II
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Location
Los Angeles
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Sector:
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Job type:
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Salary:
Competitive
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Contact:
Matt Lang
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Contact email:
m.lang@hamlynwilliams.com
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Salary high:
0
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Salary low:
0
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Published:
6 months ago
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Expiry date:
2020-12-29
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Startdate:
ASAP
A banking client of ours in the Los Angeles area is looking to hire a number of BSA Analysts II. This position would provide a great opportunity for growth, fantastic benefits, and a tight-knit company culture.
Responsiblities:
- Prepare, review and analyze customer transactions for Enhanced Due Diligence reviews of High Risk Customers
- Conduct analysis of AML alerts to determine if the alert should be cleared or if additional research is required
- Prepare, review and submit Suspicious Activity Reports for FinCEN filing, when necessary
- Report any unusual/suspicious activity as required by BSA/AML Laws, Regulations and Guidance
- Perform Enhanced Due Diligence Reviews on prospective, new and existing clients identified through the bank’s monitoring systems and various transactional reports as part of the KYC Process
- Conduct, prepare and document transactional analysis including comparative analysis of actual activity versus expected activity
- Conduct research (internal and external) to ensure that customers are properly identified, registered, licensed, or filed and that transactional activity is in-line with the nature of the business or occupation and the expectations for the customer
- Conduct, prepare and document transactional analysis including comparative analysis of actual activity versus expected activity
- Conducts research (internal and external) to ensure that customers are properly identified, registered, licensed, or filed and that transactional activity is in-line with the nature of the business or occupation and the expectations for the customer
- Serve as back up for data validation
- Make recommendations to escalate customers for possible Suspicious Activity Report Filing using a risk based approach, as necessary
- Meet/exceed the production goals set by the department manager/supervisor
- Be in compliance with all bank required training deadlines
- Comply with bank policies, procedures and regulatory requirements including Bank Secrecy Act – Anti-Money Laundering, OFAC, and USA PATRIOT Act.
Qualifications:
- BA Degree in a Business related field
- 1-3 years' worth of experience
- CAMS Certificate is preferred
- Banking experience is needed
- Ability to work on-site in Los Angeles
If this opportunity interests you, please get in touch!