Job Description

Overview:

Our client, a community bank in the New York City area, is seeking a BSA Analyst to support its compliance team. The position is responsible for monitoring transactions, reviewing alerts, conducting investigations, and ensuring adherence to regulatory requirements.

Key Responsibilities:

• Review daily alerts related to customer transactions using internal monitoring systems
• Investigate suspicious activity and prepare case files for management review
• Draft and file suspicious activity reports as required
• Perform customer due diligence and enhanced due diligence reviews
• Maintain documentation and workpapers for audits and regulatory exams
• Assist in updates to internal procedures and controls
• Support the BSA Officer in the execution of the bank’s compliance program
• Participate in periodic risk assessments and system tuning reviews
• Work with internal departments to gather customer and transaction data
• Stay current with regulatory updates and trends relevant to the role

Requirements:

• Prior experience in a BSA, compliance, or audit role within a financial institution
• Familiarity with transaction monitoring systems and investigative processes
• Understanding of regulatory requirements related to anti-money laundering and suspicious activity reporting
• Ability to analyze data, identify trends, and document findings clearly
• Proficiency with Microsoft Office applications, especially Excel and Word
• Strong organizational skills and attention to detail
• Bachelor’s degree or equivalent work experience in banking or compliance

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