BSA Analyst

First1bank; Clewiston (FL); On-site; USD 52,000 - 78,000; Full time

Job summary

First Bank in Clewiston, FL is seeking a BSA Analyst to monitor data, analyze transactions, and assist with enhanced due diligence under a structured training program.

This on-site role reports to the VP, BSA Officer and supports the bank’s BSA program, including CIP, CDD, Beneficial Ownership, OFAC, and recordkeeping. The position emphasizes accuracy, compliance, and timely escalation of suspicious activity.

Qualifications

• Three to five years of teller and/or customer service banking experience preferred.
• Proficiency with Excel and Word required.

Responsibilities

• Review reports and analyze transactions to detect suspicious activities and escalate as needed.
• Ensure implementation of BSA Program components including CIP, CDD, Beneficial Ownership, OFAC, and recordkeeping.
• Assess regulatory and internal compliance regarding BSA operations, monitoring and control systems.
• Review and file Currency Transaction Reports weekly.
• Complete bi-weekly 314(a) reporting.
• Perform required CDD and EDD reviews.
• Monitor fraud and BSA software for suspicious activity in bank accounts.
• Maintain current, accurate BSA files and documentation.
• Research banking laws/regulations and inform management of changes.

Skills

Analytical thinking

Regulatory literacy

Strong communication

Independent worker

Attention to detail

Reliability

Banking knowledge

Tools

Microsoft Excel

Microsoft 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 escalate them.
• 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 preferred.
• 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.