BSA Analyst

Leader Bank; Welcome (SC); On-site; USD 50,000 - 80,000; Full time

Job summary

An innovative community bank is seeking a dedicated BSA Analyst to join its rapidly growing team. In this role, you will assist in implementing the Bank Secrecy Act Compliance Program, ensuring adherence to regulatory standards while fostering a culture of compliance. This position offers a unique opportunity to contribute to a dynamic environment that prioritizes client relationships and continuous improvement. With a competitive compensation package and a commitment to work-life balance, this role is perfect for those looking to make a significant impact in the banking sector.

Benefits

401k plan with corporate match

Medical insurance

Dental insurance

Healthy work-life balance

Diversity and inclusion initiatives

Qualifications

• Minimum one year of experience in BSA department at a financial institution.
• Strong communication skills to interact with bank personnel.

Responsibilities

• Perform quality control reviews for BSA and AML compliance.
• Document and maintain compliance efforts daily.
• Stay updated on BSA and AML regulations.

Skills

BSA Compliance

Anti-Money Laundering (AML)

Customer Identification Program (CIP)

Verbal Communication

Written Communication

Attention to Detail

Education

Bachelor's Degree in Criminal Justice

Bachelor's Degree in Business

Bachelor's Degree in Finance

Tools

PC Skills

Job description

Job Details

Position Type: Full Time

Salary Range: Undisclosed

Description

Leader Bank is looking for exceptionally dedicated team members to join one of the region’s fastest growing community banks and mortgage lenders. At the time of its founding in 2002, Leader Bank had one branch office, $6.5 million in assets and 7 team members. Since then, the Bank has become one of the most successful banks in Massachusetts with over $4 billion in assets, more than 400 team members, 6 branch offices, and annual mortgage originations of over $2 billion.

Exemplary products and an innovative spirit have driven Leader Bank’s rapid growth over the years, and our team members embrace these values. Our mission is to obsess over our clients, make them feel valued, and maintain long-term relationships with them by constantly enhancing our products and processes to always be improving our client experience. For our team members, Leader Bank prioritizes competitive compensation and benefits, a healthy work-life balance, and an environment that fosters diversity and inclusion.

Summary

The BSA Analyst assists the Bank Secrecy Officer in implementing and administering all aspects of the Bank Secrecy Act Compliance Program, establishing operating procedures, training staff, and monitoring all BSA related activities.

Responsibilities

• Performs assigned quality control reviews and monitoring of the Bank Secrecy Act, USA Patriot Act, Anti-Money laundering, OFAC, and Customer Identification program compliance using industry standard and regulatory guidelines.
• Documents and maintains the bank’s compliance efforts on a daily basis.
• Maintains current knowledge of all rules, regulations, and laws as they apply to BSA, OFAC, USA Patriot Act, CIP, and AML.
• Participates in job-specific training and other bank training program requirements.
• Complies with all federal and state laws and regulations, and all established bank policies and procedures.
• Possess a solid PC and basic office machine skills.
• Attention to detail and visual and mental concentration are necessary for accurately completing tasks.
• Must be able to work in a fast paced, stressful environment and handle frequent interruptions.
• Must be able to work Monday through Friday 8:00 a.m. to 5:00 p.m.
• Other duties may be assigned.

Qualifications

• Minimum of one year's prior experience with a financial institution in the BSA department is required.
• Strong verbal, written, and interpersonal communication skills to interact with all levels of Bank personnel.
• A four-year college degree in Criminal Justice, Business, Finance, or a related field.
• Equivalent banking experience may be substituted for the degree requirement.
• Fundamental knowledge of BSA, AML/CIP/OFAC and USA Patriot Act regulations is required.

Leader Bank offers an excellent compensation and benefits package including: 401k plan with corporate match, medical and dental insurance, and the opportunity to work for a fast growing, local organization.

Leader Bank, N.A. is an Equal Opportunity and Affirmative Action employer and does not discriminate on the basis of race, color, religion, age, gender, marital status, sexual orientation, national origin, disability, military status, veteran status or any other protected class.

Leader Bank is an E-Verify participant.* For more information, click on the links below:

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*E-Verify is a registered trademark of U.S. Department of Homeland Security

Qualifications