BSA/AML Compliance Analyst – Job # 3755

Symicor Group; Los Angeles (CA); On-site; USD 68,000 - 83,000; Full time

Benefits offered by this job

Full benefits package

Job summary

The Symicor Group seeks a BSA/AML Compliance Analyst in Los Angeles to monitor, analyze, and report on BSA/AML activity for a bank client. Position offers up to $75K and a full benefits package; not remote.

Ideal candidate has CAMS or CRCM preferred, 5+ years in BSA transaction monitoring, and strong analytical, writing, and communication skills; proficient with Excel and MS Office; stay current on BSA/AML/OFAC regulations.

Qualifications

• CAMS or CRCM certification is preferred.
• 5+ years of related experience with emphasis on BSA transaction monitoring.
• Knowledge of money-laundering laws including BSA, Patriot Act, OFAC, and SARs.
• Strong analytical abilities to handle multiple data sets.
• Excellent attention to detail and follow-through.
• Strong technical and research skills and Excel proficiency.
• Excellent writing, analytical, and communication skills.
• Ability to draw conclusions from research and maintain urgency.

Responsibilities

• Assist in investigations for cases elevated from monthly exceptions or targeted monitoring.
• Assist in investigations for subpoenas and OFAC/314a matches and document findings.
• Prepare and file SARs within regulatory timeframes and policies.
• Manage workflow: monthly exception distribution, complex case documentation, SAR narratives.
• Assist in research and investigation of account behavior for potential unusual activity under BSA/AML/OFAC policy.
• Maintain records in organized fashion per retention schedules.
• Track monthly pending items and statistics in the BSA/AML Dept.
• Participate in alert tuning to enhance monitoring effectiveness.
• Provide compliance support to bank units on BSA/AML/OFAC matters.
• Assist in monitoring new/revised BSA/AML/OFAC laws and regulatory changes.

Skills

BSA/AML monitoring

Analytical skills

Attention to detail

Writing skills

Excel

Research skills

Regulatory knowledge

Communication

PC proficiency

Time management

Tools

MS Office

Job description

BSA/AML Compliance Analyst – To $75K – Los Angeles, CA – Job # 3755

Who We Are:

The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position:

Our bank client is seeking to fill a BSA/AML Compliance Analyst role in the Los Angeles, CA area. The position is responsible for performing BSA/AML activity monitoring, analytics, and reporting.

This position offers a competitive salary of up to $75K and a full benefits package. (This is not a remote position).

BSA/AML Compliance Analyst responsibilities include:

• Assist in and perform investigations for cases elevated from monthly exceptions or targeted monitoring.
• Assist in investigations for subpoenas received as well as accounts with OFAC and FinCEN 314a matches for unusual activity and document findings accordingly.
• Prepare and file Suspicious Activity Reports (SARs) within regulatory timeframes and in accordance with BSA/AML Compliance policies and procedures.
• Administer essential workflow functions such as monthly exception distribution, documenting complex cases as well as ensuring that SAR narratives include all pertinent data elements.
• Assist in and perform the research, analysis, and investigation of account behavior for potential unusual activities in accordance with the BSA/AML/OFAC monitoring policy.
• Ensure all records are maintained in an organized manner and according to legally prescribed retention schedules.
• Maintain tracking of monthly pending items and statistics in the BSA/AML Dept.
• Participate in alert tuning exercises to enhance the effectiveness of the monitoring system.
• Provide effective and accurate compliance support to the Bank’s business and operating units in connection with BSA/AML/OFAC matters.
• Assist in and perform investigations into cases referred by Bank personnel for unusual activity and document findings accordingly.
• Assist in the monitoring of new and revised BSA/AML/OFAC laws and regulations, including regulatory changes and new/emerging issues, assessing impact on the Bank, and implementing the changes.
• Assist in updating and maintaining BSA/AML/OFAC policies and procedures to maintain compliance.
• Assist in providing training and support as needed.
• Perform other duties as assigned.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

• CAMS or CRCM certification is preferred.
• 5+ years of related experience with emphasis on BSA transaction monitoring.
• Knowledgeable of the laws applicable to money laundering, including the Bank Secrecy Act, the US Patriot Act, OFAC, and Suspicious Activity Reporting.
• Strong analytical skills are required to organize and analyze multiple complete data sets, as well as strong interpersonal and organizational skills.
• Excellent attention to detail and “follow-through” skills.
• Strong technical and research skills and Excel skills.
• Excellent writing, analytical, and communication skills.
• Ability to understand and draw conclusions from research conducted.
• Must have an ongoing sense of urgency and a high level of flexibility.
• Maintains current on BSA/AML/OFAC news and events as well as regulatory updates.
• PC proficiency with Microsoft Office products, including Word and Excel, and knowledge of Database and Internet software.