BSA Analyst

First-Bank; Clewiston (FL); On-site; USD 42,000 - 58,000; Full time

Job summary

First Bank in Clewiston, FL is seeking a BSA/Compliance support role to assist the BSA Officer by monitoring data to detect suspicious activity and perform enhanced due diligence during a six-month training assignment.

This on-site position reports to the VP, BSA Officer and covers reviewing reports, ensuring CIP, CDD, OFAC compliance, and maintaining accurate BSA records while handling related investigations and internal controls.

Qualifications

• Strong written and verbal communication skills.
• Ability to read and interpret government regulations and legal documents.
• Motivated self-starter with minimal supervision.
• Computer literate and proficient with spreadsheet programs.

Responsibilities

• Review reports and analyze transactions to detect suspicious activity and escalate as needed.
• Ensure implementation and adherence to BSA program including CIP, CDD, Beneficial Ownership, OFAC and recordkeeping.
• Monitor fraud and BSA software to investigate suspicious activity across accounts.
• Research federal and state banking laws, inform departments about compliance changes.
• Maintain current, accurate BSA files and documentation.

Skills

Communication skills

Analytical skills

Regulatory interpretation

Attention to detail

Computer literacy

Independent work

Education

Banking experience (3-5 years)

Excel & Word experience

Tools

Excel

Word

Job description

Description

Summary:

This position is primarily responsible for providing support to the BSA Officer by monitoring and analyzing data to detect suspicious activity, perform customer enhanced due diligence, and aid with the implementation of BSA Program requirements. This position is not a remote position and is located in Clewiston, FL for a minimum of 6 months while training.

Reports to: VP, BSA Officer

Essential Duties and Responsibilities:

• Follows and incorporates First Bank’s Core Values.
• Review reports and analyze transactions to detect suspicious activities and take appropriate action to escal...
• Ensure proper implementation and adherence to the Bank’s BSA Program including but not limited to CIP, Customer Due Diligence, Beneficial Ownership, OFAC, and recordkeeping and retention requirements.
• Assesses regulatory and internal compliance regarding BSA Operations, monitoring and control systems.
• Reviews and files all Currency Transaction Reports weekly.
• Completes bi-weekly 314(a) reporting.
• Performs required CDD and EDD reviews.
• Monitor fraud and BSA software to investigate any illegal or suspicious activity involving bank accounts including but not limited to possible kiting, credit card fraud, money-laundering, identity theft, etc.
• Ensure BSA files remain current, accurate, and well-documented.
• Research federal and state banking laws and regulations, reviews the Bank’s policies and procedures and ensures the Bank’s overall compliance with BSA laws and regulations. As necessary, informs departments and management about compliance changes that affect them.
• Other job duties as assigned associated to BSA or Fraud.

Requirements

Qualifications/Requirements:

• Strong written and verbal communication skills.
• Exhibit a strong culture of trustworthiness, dependability, and responsibility.
• Maintains regular and reliable attendance.
• Extensive knowledge of all Bank policies and procedures.
• Ability to read, analyze and interpret government regulations, trade journals and legal documents.
• Motivated, self-starter; must possess the ability to work independently with little to no supervision required.
• Computer literate. Able to operate various in-house software and spreadsheet programs.
• Must demonstrate effective organization and analytical skills.

Education/Training/Experience:

• Three to five years of teller and/or customer service banking experience
• For internal applicants,
• Microsoft Excel & Word experience

Internal Candidates:

• Minimum preferred experience includes successful performance in a Teller II or CSR II role, demonstrating strong customer service, operational knowledge, attention to detail, and an understanding of bank policies and procedures.