BSA/AML Case Analyst

FourLeaf Federal Credit Union; Bethpage (NY); On-site; USD 80,000 - 100,000; Full time

Job summary

A leading financial institution is seeking a BSA/AML Case Analyst to conduct investigations and analysis on suspicious activities. The role requires a Bachelor's degree and at least 1 year of SAR writing experience. Benefits include comprehensive medical coverage, 401K with employer match, and an annual performance bonus.

Benefits

Medical coverage

Dental coverage

Vision coverage

401K with employer match

Reimbursement programs

Wellness programs

Annual performance bonus

Qualifications

• At least 1 year of SAR writing experience.
• 2+ years in BSA/AML, law enforcement, fraud, forensic accounting, or financial crime compliance.

Responsibilities

• Perform case investigations and analysis using a risk-based approach.
• Write SARs and Continuing Activity SARs within Verafin for submission to FinCEN.
• Coordinate with departments such as Retail Banking and Compliance.

Skills

Analytical

Research

Critical Thinking

Education

Bachelor's degree or higher

Job description

Join to apply for the BSA/AML Case Analyst role at FourLeaf Federal Credit Union.

Get AI-powered advice on this job and more exclusive features.

FourLeaf Federal Credit Union is committed to excellence and high standards of member service. Our values, created with a unique cultural foundation, are key to our success and growth.

Estimated Salary: $31.16 - $43.63 per hour

Responsibilities Include:

1. Perform case investigations and analysis using a risk-based approach within Verafin, including gathering documentation to disposition a case. Provide in-depth research and detailed analysis to support decisions on whether activity can be mitigated or requires a SAR filing.
2. Determine whether activity is suspicious and recommend whether to refer to law enforcement or consider maintaining the member’s relationship.
3. Write SARs and Continuing Activity SARs within Verafin for submission to FinCEN. Review and report 314(a) alert matches in Verafin to FinCEN.
4. Conduct internet and database searches to gather relevant documentation for BSA/AML case investigations, including negative media searches. Save all research for record retention and potential law enforcement or regulatory requests.
5. Coordinate with departments such as Retail Banking, Business Banking, Fraud, Legal, and Compliance to disposition cases. Send RFIs to Retail Banking as needed.
6. Identify and escalate high-risk cases involving terrorism, human trafficking, negative media, or employee concerns to the BSA/AML Compliance Officer or Senior Analysts.
7. Assist with administrative tasks of the BSA/AML program, including monitoring email inboxes for case referrals.
8. Provide training and expertise to junior analysts or contractors as needed.
9. Monitor regulatory changes related to BSA and participate in ongoing training to stay current with industry trends and legislation. Assist the Compliance Officer in ensuring compliance and risk mitigation.

Certifications: CAMS required.

Benefits include medical, dental, vision coverage, 401K with employer match, reimbursement programs, wellness programs, and an annual performance bonus.

Qualifications

Skills (Required):

• Analytical: Intermediate
• Research: Intermediate
• Critical Thinking: Intermediate

Behaviors (Required):

• Innovative: Consistently introduces new ideas and demonstrates original thinking
• Dedicated: Loyal and committed to tasks and purpose

Motivation (Required):

• Goal Completion: Driven to perform well by completing tasks

Education (Required):

Bachelor's degree or higher

Experience (Required):

• At least 1 year of SAR writing experience
• 2+ years in relevant fields such as BSA/AML, law enforcement, fraud, forensic accounting, or financial crime compliance