Financial Intelligence & BSA/AML Analyst

S&T Bank; Downingtown (Chester County); On-site; USD 34,000 - 69,000; Full time

Job summary

S&T Bank is seeking a BSA/AML Compliance Analyst to support the Financial Intelligence Group in regulatory reporting and monitoring. The role involves reviewing accounts, CTRs, and OFAC alerts, ensuring staff compliance with CIP/CDD, and maintaining documentation.

The candidate should have 2–5 years of banking compliance experience and a four‑year degree. Location is Downingtown area with standard banking hours.

Qualifications

• Requires four-year college degree or equivalent in Business, Legal Studies, Law Enforcement or related major.
• Specialized training and understanding of US regulations including BSA/AML, US PATRIOT Act and OFAC.

Responsibilities

• Maintains knowledge of applicable laws, rules, and procedures.
• Monitors monetary instruments, CDs redeemed for cash, foreign checks, and currency exchange information.
• Reviews NRAs to ensure proper documentation is collected and maintained.
• Reviews Online Account Creation and Consumer Electronic Banking to ensure appropriateness of new accounts.
• Reviews OFAC systems (Verafin, QualiFile, eWire) to ensure currency and accuracy.
• Reviews OFAC cases to determine legitimacy and report matches to OFAC.
• Reviews, amends, and files CTRs submitted by branches.
• Assists with CIP/CDD, CTRs, and other compliance requirements with staff.
• Supports escalation of alerts for ML/TF and other financial crimes.
• Uses monitoring software to perform and report activities.
• Maintains confidentiality and accuracy; works independently and as part of the team.

Skills

BSA/AML Compliance

Data analysis

Regulatory knowledge

Attention to detail

Education

Bachelor's degree in Business/Legal or related field

Tools

Verafin

QualiFile

Job description

S&T Bank is seeking a BSA/AML Compliance Analyst to support the Financial Intelligence Group in regulatory reporting and monitoring. The role involves reviewing accounts, CTRs, and OFAC alerts, ensuring staff compliance with CIP/CDD, and maintaining documentation.

The candidate should have 2–5 years of banking compliance experience and a four‑year degree. Location is Downingtown area with standard banking hours.