Senior BSA/AML Analyst - Investigations & Compliance

Evermorebankfl; Fort Lauderdale (FL); Hybrid; USD 65,000 - 90,000; Full time

Job summary

Evermorebankfl is seeking a BSA/AML Analyst to monitor transactions, assess risk, and ensure regulatory compliance within a dynamic banking environment. The role focuses on identifying suspicious activity, documenting SAR narratives, and collaborating with compliance and audit teams.

The ideal candidate will possess strong regulatory knowledge, analytical prowess, and a detail-oriented, ethical mindset to support the institution's integrity and risk management program.

Qualifications

• A bachelor’s degree in finance, accounting, business administration, economics, or a related field is required.

Responsibilities

• Write and document SAR narratives and investigation information.
• Analyze complex financial data to identify suspicious activities or patterns.
• Communicate findings clearly to other departments and law enforcement as needed.
• Conduct research and gather information to understand financial behaviors indicating AML risks.

Skills

Regulatory knowledge

Analytical skills

Writing skills

Attention to detail

Communication skills

Investigative skills

Education

Bachelor's degree in finance/accounting/business/economics

Tools

AML software

Data analytics tools

Banking systems

Job description

FDIC-Insured - Backed by the full faith and credit of the U.S. Government

• Knowledge of Regulations - Understanding of BSA/AML laws and regulations, such as USA PATRIOT Act, Bank Secrecy Act, and Anti-Money Laundering laws, is crucial.
• Analytical Skills - Ability to analyze complex financial data and transactions to identify suspicious activities or patterns.
• Writing Skills – Ability to write and properly communicate SAR narratives and investigation information.
• Attention to Detail – Strong attention to detail is vital as BSA/AML analysts deal with large volumes of data and must detect irregularities or anomalies.
• Communication Skills – Effective written and verbal communication skills are necessary to document findings, prepare reports, and collaborate with other departments or law enforcement agencies.
• Investigative Skills – Strong investigative skills to conduct research, gather information, and understand financial behaviors that might indicate money laundering or other illicit activities.

Qualifications and Education Requirements

A bachelor's degree in finance, accounting, business administration, economics, or a related field is required.

Preferred Skills

Certifications:Professional certifications such as Certified Anti-Money Laundering Specialist (CAMS / FIBA), Certified Fraud Examiner (CFE), or other relevant certifications can be beneficial and may sometimes be preferred by employers.

Technology Proficiency: Familiarity with anti-money laundering software, data analysis tools, and banking systems is advantageous

Risk Assessment: Understanding of risk assessment methodologies to evaluate and mitigate potential risks associated with money laundering and financial crimes.

Industry Experience:Prior experience in a financial institution or a background in compliance, risk management, audit, or law enforcement can be valuable.

Adaptability and Learning Agility:Given the constantly evolving nature of financial crimes and regulations, being adaptable and open to learning new techniques and technologies is crucial.

Ethical Judgement:Ability to make sound and ethical judgments and decisions, as BSA/AML analysts handle sensitive financial information and contribute significantly to an institution’s integrity and compliance efforts.