BSA FCI Analyst I

Socket.dev; Kansas City (MO); On-site; USD 52,000 - 68,000; Full time

Benefits offered by this job

Medical

Dental

Vision

401(k) plan

Life insurance

Disability insurance

Paid vacation and holidays

Job summary

Socket.dev seeks a detail-oriented BSA Financial Crimes Investigation Analyst I to review system-generated transaction monitoring and investigate non-complex activity. The role includes back-office CTR processing, data upkeep for AML compliance, and adherence to regulatory policies in a fast-paced banking environment.

Required are a high school diploma, 2–3 years banking experience, and at least 1 year in BSA/AML investigations.

Qualifications

• High school diploma with 2-3 years of banking experience.
• Experience in account opening or transaction processing preferred.
• 1 year of investigation experience in BSA/AML compliance preferred.

Responsibilities

• Analyze currency transaction data and complete CTRs electronically.
• Manage and maintain annual CTR exempt review.
• Meet daily CTR filing deadlines and high-volume alert review deadlines.
• Investigate accounts and make recommendations to clear or further investigate.
• Document decisions clearly and maintain confidentiality.
• Participate in training and team meetings and perform assigned duties.

Skills

Adaptability

Relationship building

Confidential information handling

Communication skills

Time management

Attention to detail

Problem solving

Microsoft Office 365

Copilot

Self-motivation

Organizational skills

Education

High school diploma

Banking experience 2-3 years

Investigations in BSA/AML

Tools

Microsoft Office 365

Copilot

Job description

Summary

The BSA Financial Crimes Investigation Analyst I is responsible for the ongoing review of system-generated transaction monitoring reports and investigating situations involving unusual or suspicious activity of non-complex transactions. This position will also conduct the back-office processing for completion of Currency Transaction Reports (CTRs). Additionally, the BSA Financial Crimes Investigation Analyst I will review, maintain, and update data in other areas of compliance related to the BSA (Bank Secrecy Act) and other AML (anti-money laundering) laws and regulations.

Responsibilities

• Analyze currency transaction data and complete CTRs electronically.
• Manage, complete, and maintain the annual CTR exempt review.
• Meet daily CTR filing deadlines.
• Meet high volume of alert review deadlines.
• Investigate accounts and make recommendations to either clear or to further investigate.
• Make sound subjective decisions when suspicious activity is detected and document decisions accurately.
• Actively participate in career development, 1:1's, department meetings and complete other specified duties related to BSA compliance as may be assigned.
• Attend BSA/AML compliance training sessions to maintain current knowledge of industry best practices, laws, regulations, policies, and procedures applicable to BSA/AML/CFT.
• Maintain a 90% or higher Quality Control score each month.
• Conduct all duties in compliance with applicable laws, regulations, and bank policies and procedures.
• Contact branch associates and other business units for clarification of client activity, as needed, while maintaining client information in complete confidence.
• Make sound, risk-based conclusions and recommendations to clear activity or conduct additional monitoring.
• Complete monthly training in a timely manner to ensure knowledge of bank regulatory requirements, policies, and procedures.
• Other specified duties as assigned.

Qualifications

Skills

• Ability to be adaptable and flexible while responding to deadlines on assignments and workflow fluctuations in a multi-task, high-volume environment.
• Ability to establish working relationships with branch associates and other business units as well as maintain effective working relationships externally.
• Ability to handle confidential information in a mature and professional manner.
• Excellent interpersonal, oral, and written communication skills.
• Excellent time management skills with the ability to work both independently and as a member of a team.
• Focus, attention to detail, problem-solving skills, and a strong attitude in favor of high-quality work.
• Proficiency in Microsoft Office 365 and Copilot required.
• Self-motivated and results oriented.
• Strong organizational skills.

Education & Experience

• High school diploma with two to three years of overall banking experience, required. Experience in account opening or transaction processing, preferred.
• One year of investigation experience in BSA/AML compliance, preferred.
• Good understanding of banking or financial business operations and systems.
• Ability to handle confidential information in a mature and professional manner.

Physical Requirements

The work environment is typical of a standard office or retail banking setting. The position is sedentary, involving sitting most of the workday; however, the position will involve moving about the workspace to reach entrances/exits, restrooms, conference rooms, or other areas within the work environment. Reaching may be required involving the ability to move arms in any direction. Office equipment, such as a computer and telephone, will be used requiring the ability to manipulate a keyboard, mouse, and/or keypad. The ability to decipher a computer screen or written documents is necessary. The ability to express or exchange ideas; impart information to clients, coworkers, or the public; or to convey detailed or important instructions; is required. The ability to receive and understand detailed information shared through oral or written communication is required. Position requires lifting and/or the exerting of up to 10 pounds of force.

Benefits

Full-time associates are eligible for our benefits package:

• Medical
• Dental
• Vision
• 401(k) plan
• Company paid life insurance
• Short and Long-term disability insurance
• Company paid vacation, paid leave and holidays

This position will remain open until a qualified applicant is hired.