AVP, Sr. BSA Compliance Analyst

3 days ago

Roseville CA United States Kavaliro Full time

AVP, Sr. BSA Compliance Analyst

Roseville, CA (onsite M-F)

Full Time Employment

Salary: 85k-$110k base salary

Description

Under minimal supervision, the AVP, Senior BSA Compliance Analyst is responsible for account identification, analyzing and reporting any transactions believed to be associated with unusual and suspicious account activity such as potential fraud, structuring, money laundering, or/and terrorist financing to ensure the Bank is in compliance with the Bank Secrecy Act and USA Patriot Act. This includes identification of unusual transactions and escalating incidents to the BSA Officer as appropriate, in a timely and accurate manner. The Senior BSA Compliance Analyst performs various quality controls reviews and monitoring pertaining to the Bank Secrecy Act, USA Patriot Act, Anti-Money Laundering Program, OFAC, and Customer Identification Program compliance using industry standard and regulatory guidance to ensure the Bank’s compliance efforts are maintained on a daily basis.

Ensures compliance within all Bank policies and procedures, as well as all applicable state and federal banking regulations.

Essential Duties and Responsibilities:

  • Conduct in-depth due diligence reviews and prepare comprehensive reports on High and Moderate risk customers to assess and mitigate BSA/AML risk
  • Gather documents and analyze the risks associated with complex ownership structure, evaluating variables such as source of funds, anticipated activity volumes, and purpose of business relationship
  • Validate and document customer’s Risk designation or mitigating factors in order to establish periodic EDD review schedule
  • Independently performs reviews of various reports and transaction data and analyses complex activity to determine if transactions are suspicious in nature
  • Perform quality control reviews of various AML/BSA/Fraud functions, including but not limited to case investigations, Suspicious Activity Reports (SARs), BSA/Fraud alerts, customer risk reviews, Currency Transactions Reporting (CTR), to determine if the review and research were conducted in accordance with quality standards and time frames set forth within established procedures, policies, and regulatory requirements
  • Evaluates and adjusts scoring of AML software to provide the most value to the BSA/Fraud program in accordance with established risk tolerance
  • Assist in transaction testing, data validation, and ongoing customization of the AML software
  • Proactively monitor, measure, analyze, execute, track and report on data quality issues
  • Perform root cause analysis of identified data quality issues, tracing data upstream and providing solutions
  • Suspicious Activity Response – Investigate escalated alerts of potential suspicious activity produced or referred by other areas of the bank and determine appropriate course of action. Exercise solid judgment on examining information, and document suspicious activity, behaviors and/or patterns
  • Watch List Response – Ensure Watch List information is properly maintained and updated, review and respond to concerns about OFAC, SDN or other Watch List alerts and take mandated action as necessary
  • Disseminate information, answer questions, and be a subject matter expert on BSA/AML/OFAC/Fraud related issues
  • Fraud Program Response – This role may directly support the Bank’s Fraud Program, including day to day responsibilities, alert/case investigations and Financial Elder Abuse reporting
  • Contributes to the development and implementation of Fraud Risk processes, tools, policies, standards, and procedures in alignment with the BSA/AML Program
  • Keep abreast of Fraud, BSA and AML related regulations for changing compliance and recommend business process improvements
  • Mentor and work with other less experienced staff in developing additional assets within the team
  • Review and analyze new and pending laws and regulations. Develop or revise appropriate policies, procedures, and disclosure agreements to ensure compliance
  • Assist with regulatory examinations and audits, including gathering requested information, developing, and coordinating responses to such reviews as necessary
  • Assists in ad-hoc special projects as necessary
  • Attend various seminars, webinars, and other outside compliance training
  • Minimum of 10 hours CRA volunteer hours per year. Volunteer hours are typically scheduled within business hours. This is compensable time and mileage is reimbursed
  • Other duties as assigned

Supervisory Responsibilities: This job has no supervisory responsibilities.

Qualifications:

  • Advanced understanding of banking and fraud threats posed by money laundering activities
  • Combination of training and experience that would provide the knowledge and abilities listed above including specific knowledge of State and Federal laws and regulations pertaining to financial institutions (i.e., BSA, AML, OFAC, USA Patriot Act)
  • Minimum of 5 years BSA and Fraud experience. Experience in depository financial institution processes and procedures or similar experience is preferred
  • Solid understanding of banking and fraud threats posed by Money Laundering activities
  • Have a strategic and entrepreneurial mindset with an ability to identify emerging compliance trends and risks, ensuring we stay ahead of the curve
  • Excellent verbal and written communication skills, with the ability to break down complex requirements into easy to understand and practical systems
  • Proficiency with computer programs including fraud identification and AML software
  • Organize workflow efficiently, self-direct personal training needs and utilize available resources
  • Perform financial analysis, draw logical conclusions, and make recommendations when needed
  • Sound analytical, evaluation, communication, and interpersonal skills
  • Ability to distinguish and manage confidential information, materials, and conversations
  • Establish and maintain effective working relationships with employees from other departments
  • Ability to work scheduled full-time hours and maintain regular attendance
  • Ability to multi-task in a fast-paced environment

BSA and Compliance Responsibilities – in addition to those indicated above:

  • Comply with all requirements, policies, and procedures of the Bank Secrecy Act (BSA) and complete all mandatory BSA training as needed for this position
  • Report to the BSA Officer any money laundering, fraud, and other suspicious activity
  • Comply with all requirements, policies and procedures outlined in the Bank’s BSA/CIP/OFAC Policy
  • Complete all required compliance and regulatory training, not limited to BSA, as needed for this position

  • AVP, Sr. BSA Compliance Analyst

    2 months ago

    roseville, United States Kavaliro Full time

    AVP, Sr. BSA Compliance AnalystRoseville, CA (onsite M-F)Full Time EmploymentSalary: 85k-$110k base salaryDescriptionUnder minimal supervision, the AVP, Senior BSA Compliance Analyst is responsible for account identification, analyzing and reporting any transactions believed to be associated with unusual and suspicious account activity such as potential...

  • AVP, Sr. BSA Compliance Analyst

    2 months ago

    Roseville, United States Kavaliro Full time

    AVP, Sr. BSA Compliance AnalystRoseville, CA (onsite M-F)Full Time EmploymentSalary: 85k-$110k base salaryDescriptionUnder minimal supervision, the AVP, Senior BSA Compliance Analyst is responsible for account identification, analyzing and reporting any transactions believed to be associated with unusual and suspicious account activity such as potential...

  • AVP, Sr. BSA Compliance Analyst

    2 months ago

    Roseville, United States Kavaliro Full time

    AVP, Sr. BSA Compliance AnalystRoseville, CA (onsite M-F)Full Time EmploymentSalary: 85k-$110k base salaryDescriptionUnder minimal supervision, the AVP, Senior BSA Compliance Analyst is responsible for account identification, analyzing and reporting any transactions believed to be associated with unusual and suspicious account activity such as potential...

  • Senior Compliance Risk Analyst

    2 days ago

    Roseville, California, United States Kavaliro Full time

    Job SummaryThe AVP, Sr. BSA Compliance Analyst is responsible for ensuring the Bank's compliance with the Bank Secrecy Act and USA Patriot Act by identifying and analyzing suspicious transactions.Main Responsibilities:Conduct in-depth reviews of customer due diligence to assess and mitigate BSA/AML riskAnalyze complex ownership structures and evaluate...

  • Senior BSA Analyst

    7 days ago

    San Francisco, CA, United States East West Bank Full time

    IntroductionSince 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create...

  • Sr IT Risk

    4 weeks ago

    Chicago, IL, United States Javen Technologies Full time

    Job Title: Sr. IT Risk & Compliance Analyst Location: Chicago, IL Duration: 12+ Months Contract Onsite/Hybrid Role Required: Risk & Compliance ANalyst, Certifications, CISA, Risk, Compliance, Control testing Job Description: Responsibilities will include but are not limited to: • Collaborate with IT personnel to understand operational processes to...

  • Construction Professional Liability Underwriter

    6 days ago

    United, United States Zurich Insurance Group Full time

    Zurich is seeking an experienced Construction Professional Liability Underwriter, (Sr. Level III or AVP Level IV) to join our National Accounts Construction team in Zurich's Philadelphia office. We are also open to hiring remote talent. This role will be filled at either the Senior Construction Professional Liability Underwriter (Level III) or AVP,...

  • Analyst - Business Operations Analyst (Sr.)

    5 days ago

    Springfield, VA, United States Quadrant Inc Full time

    Job ID: 25-04548 Sr Business Operations Analyst Springfield, VA Pay From: $50.00 per hour MUST: Experienced Sr Business Operations Analyst Active TS with SCI eligibility required 5+ years experience within the past seven (7) years developing and maintaining data systems to track and report on metrics and organization health. ...

  • Sr Business Analyst with Mainframe

    2 months ago

    Roseville, United States Frontend Arts Full time

    10 years proven experience in business analysis, preferably in healthcare, working in a team environment with the client, project managers, application developers and other business analysts on various mainframe and mid-range application software projects using waterfall methodologies. Solid experience facilitating meetings with clients, using excellent...

  • Sr. Credit Analyst

    3 months ago

    Tampa, FL, United States Climate First Bank Full time

    We are changing FINANCE to finance CHANGE!Climate First Bank is a Florida Benefit Corporation, state chartered, FDIC insured commercial bank. With now three physical branches in St Petersburg, Winter Park and Mount Dora and one digital branch, we are offering a full suite of banking products including personal and business banking and loan products (solar,...

  • Sr. Compensation Analyst

    4 weeks ago

    Princeton, NJ, United States Joulé Full time

    Job Title: Sr. Compensation Analyst Location: Princeton, NJ Type: contract Overview Leading consumer goods company looking for an experienced Sr. Compensation Analyst. Ideal candidate should have at least 3 years of experience with with analyzing compensation data, and advanced knowledge of Excel. Responsibilities Support the enhancement of pay...

  • Payments Analyst

    1 week ago

    Roseville, United States North Ameran Banking Co. Full time

    Provide quality support as an administrative and technical resource for the Enhanced Risk Payments Program in accordance with established systems and procedures. RESPONSIBILES/EXPECTATIONS/GOALS: 1) Monitors daily statistical information for Enhance Risk Payments (ERP) customers and investigates any abnormalities, suspicious activity, or large variances in...

  • Sr. Data Analyst

    4 weeks ago

    Deerfield Beach, FL, United States INSPYR Solutions Full time

    Title: Sr. Data Analyst Duration: 12 months Location: Deerfield Beach, FL (Hybrid) Compensation: $65- $75/hr Work Requirements: US Citizen, GC Holders or Authorized to Work in the U.S. Job Description: Sr. Data Analyst will be responsible for developing an understanding of the relationship of the data that supports business processes and applications. The...

  • Compliance Analyst

    2 weeks ago

    Mason, OH, United States Vega Americas Full time

    VEGA Americas is seeking a Compliance Analyst who will be responsible for overseeing and managing VEGA`s internal compliance function and adherence to supplier compliance programs. This role involves developing, implementing, and refining compliance programs while staying abreast of emerging trends, best practices, and regulatory changes. The Compliance...

  • Sr. Business Analyst

    5 days ago

    Deerfield Beach, FL, United States INSPYR Solutions Full time

    Title: Sr. Business Analyst Location: Deerfield Beach, FL (Hybrid 3/2) Duration: 6 Months+ Compensation- $60/hr - $75/hr Work Requirements: US Citizen, GC Holders or Authorized to Work in the U.S. 2 Sr. Business Analysts Job Description: As a Business Analyst, you will directly report to the Lead Business Analyst within the SETF SPARK Modernization...

  • Compliance Officer

    2 days ago

    Los Angeles, CA, United States Hopper Full time

    New York City / New York, United States / Seattle / Chicago / Los Angeles / San FranciscoLegal – Legal /Full-Time /RemoteAbout the jobHopper’s Legal and Compliance team is looking for a Compliance Officer to lead all compliance functions across all of Hopper’s consumer and B2B business units, including Hopper’s licensed payments entity (Hopper...

  • Senior Analyst-Indirect Tax Compliance

    4 weeks ago

    Minneapolis, MN, United States Best Buy Full time

    The Senior Analyst, Indirect Tax Compliance will primarily assist with Best Buys state and local sales, use, and excise tax compliance for all Best Buy companies and subsidiaries. The position will support the timely filing and payment of sales, use, excise, property, and miscellaneous tax returns. Professional traits of a successful Sr. Analyst, Indirect...

  • Sr, Corporate Accounting Analyst

    5 days ago

    Norfolk, VA, United States CMA CGM (America) LLC Full time

    ID: 552172 Location: Norfolk Va, US Sr, Corporate Accounting Analyst Led by Rodolphe Saadé, the CMA CGM Group, a global leader in shipping and logistics, serves more than 420 ports around the world on five continents. With its subsidiary CEVA Logistics, a world leader in logistics, and its air freight...

  • Sr. CAE Analyst

    4 weeks ago

    Raymond, OH, United States OSI Engineering Full time

    Sr. CAE Analyst - Vehicle Dynamics and NVH Job Description: A global automotive company is seeking a highly experienced Sr. CAE Analyst specializing in Full Vehicle NVH (Noise, Vibration, and Harshness) analysis. The ideal candidate will have extensive expertise in modal analysis, frequency response analysis, and acoustic sensitivity, utilizing...

  • Medical Laboratory Scientist or Tech

    2 months ago

    Amarillo, TX, United States BSA Hospital Full time

    Overview Join our team as a day shift , PRN , Medical Lab Scientist (MLS) or Medical Lab Technician (MLT) in Amarillo, TX. Why Join Us? Thrive in a People-First Environment and Make Healthcare Better * Thrive: We empower our team with career growth opportunities and resources that support your wellness, education, and financial well-being. * People-First:...