BSA Analyst

FIRST COMMUNITY BANK; Corpus Christi (TX); On-site; USD 65,000 - 90,000; Full time

Job summary

FIRST COMMUNITY BANK seeks a BSA Analyst to monitor bank activity and ensure compliance with CTRs, SAMs, exemptions, and SARs. Responsibilities include daily CTR reviews, CTR monthly totals, and timely reporting.

The role requires at least three years of BSA regulatory experience with emphasis on compliance, plus the ability to work extended hours and travel to bank locations as needed.

Qualifications

• Experience in bank operations and loans.
• At least three years’ experience in BSA regulatory requirements with emphasis on compliance.
• Ability to travel to various bank locations and training activities.

Responsibilities

• Monitor routine bank activity to ensure BSA compliance with CTRs, SAMs, exemptions, and SARs.
• Daily CTR review and filing within 15 days; prepare CTR monthly totals.
• Process Unusual Activity Reports within the required timeline.
• Assist in filing SARs within 30 days of committee recommendation.
• Support AML monitoring through review of system reports and BSA cases.
• Assist with due diligence on high-risk customers/accounts.
• Provide CTR training for new hires and annual refreshers.
• Maintain Customer CTR database.
• Participate in audits and examinations with focus on accuracy and professionalism.
• Knowledge of office software and ability to work extended hours occasionally; travel as needed.

Skills

Attention to detail

Communication skills

Meet deadlines

Word processing & spreadsheets

Education

High school diploma or equivalent

Job description

The position of BSA Analyst shall be responsible for routine monitoring of bank activity and transactions to ensure the bank is compliant with BSA (CTRs, SAMs, Exemptions, and SARs).

• CTRs - daily review of system generated reports to ensure all Currency Transaction Reports (CTRs) are filed within the 15-day period from date of transaction
• Review of daily cash reports for CTR’s
• CTR Acknowledgements
• Prepare CTR monthly totals and track for patterns
• Process all Unusual Activity Reports within the required timeline
• Assist with processing all Suspicious Activity Reports within 30 days of recommendation from Committee
• Assist with AML Monitoring through review of various system reports
• Review of BSA cases found in the bank’s AML program
• Assist with Due Diligence on high-risk customers / accounts – review of activity (deposits, withdrawals, wires, etc.) on high-risk accounts (MRBs, Independent ATM Owners, MSBs, NBFIs, NRAs, etc.) as warranted and / or as scheduled
• Assist with CTR Training for New Hires and annual employee refresher training
• Maintain Customer CTR database

Secondary Duties

Additional duties include completion of related reports as needed, assistance with compliance testing, and any other duties as assigned. This position is expected to participate in audits and examinations as needed, with high regard for accuracy, professionalism, and presentation.

Knowledge, Skills, and Abilities

Knowledge of personal computers and software for word processing and spreadsheets is required. Position demands attention to detail and ability to accept constructive criticism to effect positive improvement. This position requires the ability to meet established deadlines, work productively in groups and individually, communicate effectively in writing and orally, operate standard office equipment, work extended hours occasionally, and travel to various bank locations and training activities as needed.

Position Requirements

Graduation from high school (or equivalent) with at least five (5) years of experience in bank operations and / or loans. Position also requires at least three (3) years’ experience in Bank Secrecy Act regulatory requirements with emphasis on compliance. Use of personal vehicle is necessary.