BSA/AML Analyst — Risk & Compliance Monitor

Security Bank; Springfield (IL); On-site; USD 52,000 - 65,000; Full time

Job summary

Security Bank is seeking a BSA Analyst Trainee to monitor activities for potential money laundering and financial crime, assisting in reporting and CIP/KYC reviews. This role requires local travel for training and reports directly to the BSA Officer.

The position focuses on analyzing transactional data for moderate to high-risk customers, reviewing alerts, and maintaining confidentiality while adhering to information security standards.

Qualifications

• A high school diploma or equivalent.
• Minimum two years of banking experience.
• Proficiency in Microsoft Office, especially Excel.
• Preferred: BSA/AML, financial crime, risk management or compliance experience preferred.

Responsibilities

• Inputs, tracks, and analyzes transactional data for the moderate and high-risk customer portfolio.
• Compiles and reviews transactional and non-transactional data for suspicious activity, trends, and patterns.
• Assesses Know Your Customer (KYC) documents as required by policy for all accounts to ensure bank compliance with the CIP.
• Documents initial review of potentially suspicious activity alerts generated by the Bank’s automated monitoring system to determine if escalation to investigation is necessary.
• Record currency transaction reports in accordance with FINCEN guidance prior to secondary review.

Skills

Attention to detail

Analytical skills

Multi-tasking

Communication

Education

High school diploma or equivalent

Tools

Microsoft Excel

Microsoft Office

Job description

Security Bank is seeking a BSA Analyst Trainee to monitor activities for potential money laundering and financial crime, assisting in reporting and CIP/KYC reviews. This role requires local travel for training and reports directly to the BSA Officer.

The position focuses on analyzing transactional data for moderate to high-risk customers, reviewing alerts, and maintaining confidentiality while adhering to information security standards.