BSA Analyst I or II

Bankers Trust; Des Moines (IA); On-site; USD 58,000 - 78,000; Full time

Benefits offered by this job

Group Health, Dental, and Vision

Generous PTO

401(k) match

Tuition assistance

Company Paid Life Insurance

Lifestyle Accounts

Team Member Banking

Job summary

Bankers Trust is seeking a BSA Analyst I or II in Des Moines, IA. The role supports AML/CFT/CIP/OFAC programs, performs analytical and operational compliance tasks, and advances with increasing responsibility in a regulated banking environment.

The position offers a clear path from Analyst I to II based on experience, and includes opportunities to work with AML/Fraud monitoring solutions, participate in training, and contribute to ongoing compliance initiatives within a collaborative team.

Qualifications

• Retail or operational banking experience required.
• AML/CFT/OFAC related experience preferred.
• Bachelor’s degree or equivalent combination of education and experience required/preferred.

Responsibilities

• Review and investigate AML/CFT/OFAC alerts and create SARs when required.
• Manage CFP/DA functions and monitoring for OFAC alerts and wires.
• Maintain CDD information and customer monitoring processes.
• Oversee CTR filings and CTR exemptions where applicable.
• Support audits, training, and user access management for AML/Fraud systems.

Skills

Verafin familiarity

BSA certifications

Education

Four-year college degree

Equivalent combination of education and experience

Tools

Verafin

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

BSA Analyst I or II

Regular Full-Time Des Moines, IA, US

5 days ago Requisition ID: 1350

There are important qualities you look for in an employer – meaningful work, community engagement, competitive benefits, commitment to employee development, and so many more. At Bankers Trust, our team members experience an inclusive and community-focused culture and we’re proud of the premier workplace we’ve created. We regularly receive best in class results through our biennial employee engagement survey. We’re also proud to receive recognition from others, including our designation as a Best Place for Working Parents, being a four-time recipient of the Greater Des Moines Partnership’s Inclusion Award, and being named one of the Best Businesses Supporting Local Charity by readers of the Business Record.

We will be hiring this position at either a BSA Analyst level I (one) or II (two) depending on experience.

Job Summary

The BSA Analyst I supports, monitors, and maintains the Bank’s AML/CFT/CIP/OFAC Program to meet regulatory requirements by performing analytical and operational compliance functions that are generally structured and procedural in nature. The BSA Analyst I executes day‑to‑day compliance functions and supports the BSA department in higher complexity processes.

The BSA Analyst II supports, monitors, and maintains the Bank’s AML/CFT/CIP/OFAC Program to meet regulatory requirements by performing and overseeing intermediate analytical and operational compliance functions that are generally structured and procedural in nature. The BSA Analyst II supports the BSA and Fraud department in higher complexity processes and supports internal BSA training initiatives.

Primary Functions and/or Responsibilities

BSA Analyst I

• Supports the Bank’s AML/CFT/CIP/OFAC Program by reviewing and investigating AML/CFT/OFAC alerts in the Bank's AML/Fraud monitoring solution. Creates cases and creates AML/CFT cases and prepares Suspicious Activity Reports, when required.
• Reviews alerts and completes testing in the OFAC monitoring solution for wires.
• Performs reviews and monitoring of the Bank’s Customer Due Diligence (CDD) forms and processes to ensure timely collection of accurate information and appropriate customer monitoring.
• Reviews the filing of accurate and timely Currency Transaction Reports (CTRs) as well as completing the annual CTR Exception process.
• Maintains compliance with Section 314(a) of the USA Patriot Act.
• Monitors and mains the Bank's Monetary Instrument Log.
• Supports audit and exam request lists.
• Tracks and reports new functionalities available in the Bank's AML/Fraud and OFAC monitoring solutions.
• Supports the maintenance of department system applications as well as user access rights
• Completes public record checks and restitution payment processing for the Bank
• Performs other duties as assigned

BSA Analyst II

• Supports the Bank’s AML/CFT/CIP/OFAC Program by reviewing and investigating AML/CFT/OFAC alerts in the AML/Fraud monitoring solution. Creates AML/CFT cases and prepares AML/CFT and Fraud Suspicious Activity Reports (SARs), when required.
• Manages all aspects of the Bank's OFAC monitoring solution for wires and aligns with risk-based practices.
• Manages all aspects of the Bank's Customer Due Diligence (CDD) requirements and aligns with risk-based practices.
• Manages all aspects of the Bank's Currency Transaction Reports (CTRs) requirements, including CTR Exemptions.
• Manages the Bank's compliance with Section 314(a) of the USA Patriot Act.
• Manages all aspects of the Bank's Monetary Instrument Log requirements.
• Serves as an active member of peer groups in the industry and in the Bank's markets.
• Supports audit and exam request lists.
• Tracks, reports, and implements new functionalities available in the Bank's AML/Fraud and OFAC monitoring solutions.
• Supports the maintenance and user access rights of the AML/Fraud monitoring solution.
• Assists in the creation and delivery of periodic BSA related training for the Bank team members.
• Completes public record checks and restitution payment process for the Bank.
• Performs other duties as assigned.

Education and/or Experience

BSA Analyst I

• At least five years of retail or operational banking experience required
• At least three years of AML/CFT/OFAC related experience preferred
• Four-year college degree in a related field preferred OR an equivalent combination of 4-6 years education and experience

BSA Analyst II

• At least five years of retail or operational banking experience required
• At least five years of AML/CFT/OFAC related experience preferred
• Four-year college degree in a related field preferred OR an equivalent combination of 6-8 years of education and experience

Specific Skills, Knowledge & Abilities

• Familiarity with Verafin is preferred
• Ability to obtain and maintain BSA certifications

Hiring Salary Range

The hiring range below reflects targeted base salary. Actual compensation will be determined based on the candidate’s prior related experience & education and will be finalized at the time of offer. In addition to base salary, most positions are also eligible to participate in our annual bonus program. Select positions may also be eligible to earn incentives and/or commissions. Hiring Base Salary Range: BSA Analyst II $66,000 - $78,000 plus Annual Bonus, BSA Analyst I: $58,000 - $69,000 plus Annual Bonus.

• Group Health, Dental, and Vision Insurance
• Generous Paid Time Off (PTO)
• 401(k) plan with lucrative company match
• Tuition assistance
• Company Paid Life Insurance
• Lifestyle Accounts that provide employees with reimbursement for the things that are most important to them such as childcare, student loan payments, gym memberships, pet insurance and much more.
• Team Member Banking - a suite of products and services with special benefits for employees

Hybrid Eligibility

Position may be eligible for a hybrid work schedule (requiring some days in the office each week).

EQUAL OPPORTUNITY EMPLOYER

PROTECTED VETERANS AND INDIVIDUAL WITH DISABILITY