BSA/AML Analyst: Investigations & Compliance

Farmers & Merchants Bank of Long Beach; Lakewood (CA); On-site; USD 48,000 - 76,000; Full time

Job summary

The BSA Analyst supports the administration and execution of the Bank's BSA, AML, and OFAC compliance programs. This role identifies, investigates, and escalates unusual or suspicious activity to safeguard the Bank against money laundering, terrorist financing, fraud, and other financial crimes.

The analyst conducts BSA/AML monitoring and review activities, supports regulatory reporting, and assists investigations to ensure compliance with laws, regulations, and internal policies while

Qualifications

• High School Diploma or equivalent required.
• Three to five years of banking experience.
• Three to five years of BSA/AML/OFAC compliance functions.
• CAMS certification preferred but not required.

Responsibilities

• Perform customer and transaction research using bank systems and public records.
• Utilize BSA/AML monitoring systems to identify and investigate suspicious activity.
• Analyze transactions and customer information to identify money laundering, sanctions, or other risks.
• Conduct CDD and EDD reviews for high-risk customers and entities.

Skills

Analytical skills

Investigative skills

Regulatory knowledge

Communication skills

Education

High School Diploma or equivalent

CAMS certification preferred

Job description

The BSA Analyst supports the administration and execution of the Bank's BSA, AML, and OFAC compliance programs. This role identifies, investigates, and escalates unusual or suspicious activity to safeguard the Bank against money laundering, terrorist financing, fraud, and other financial crimes.

The analyst conducts BSA/AML monitoring and review activities, supports regulatory reporting, and assists investigations to ensure compliance with laws, regulations, and internal policies while