Senior BSA Analyst

Leader Bank; United States; On-site; USD 68,146 - 102,219; Full time

Benefits offered by this job

Competitive compensation

Annual bonuses

Health benefits

Job summary

A leading community bank is seeking a Senior BSA Analyst to implement and manage the Bank Secrecy Act Compliance Program. Responsibilities include monitoring transactions for suspicious activities, analyzing data for compliance, and preparing reports for regulatory authorities. Candidates should possess strong analytical skills, a four-year degree, and relevant banking experience. Competitive compensation and a diverse working environment are offered.

Qualifications

• Two years prior banking experience required.
• Three years experience in the BSA department preferred.
• Proficiency in AML software solutions is a must.

Responsibilities

• Monitor customer transactions for suspicious behavior.
• Analyze large volumes of data to flag transactions.
• Prepare and file Suspicious Activity Reports.

Skills

Analytical skills

Critical thinking

Attention to detail

Communication skills

Investigative skills

Education

Four-year college degree in Criminal Justice, Business, Finance, or related field

Tools

Nasdaq Verafin

AML software solutions

Data analysis tools

Job description

Join to apply for the Senior BSA Analyst role at Leader Bank.

Overview

Leader Bank is looking for exceptionally dedicated team members to join one of the region’s fastest growing community banks and mortgage lenders. Founded in 2002 with one branch office, $6.5 million in assets, and 7 team members, the bank has grown to more than $4 billion in assets, over 400 team members, 7 branch offices, and annual mortgage originations of more than $2 billion. Exemplary products and an innovative spirit have driven Leader Bank’s rapid growth, and our team members embrace these values. Our mission is to obsess over our clients, make them feel valued, and maintain long‑term relationships by continuously enhancing products and processes to improve client experience. Leadership prioritizes competitive compensation, benefits, a healthy work‑life balance, and an environment that fosters diversity and inclusion.

Job Summary

The Senior BSA Analyst assists the BSA Manager and Bank Secrecy Officer in implementing and administering all aspects of the Bank Secrecy Act Compliance Program, including establishing operating procedures, training staff, and monitoring all BSA‑related activities. The analyst will perform 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. The analyst will also document and maintain the Bank’s compliance efforts daily, maintain current knowledge of all rules, regulations, and laws as they apply to BSA, OFAC, USA Patriot Act, CIP, and AML, participate in job‑specific and bank training programs, and comply with all federal and state laws, regulations, and established bank policies and procedures.

Responsibilities

• Monitor customer transactions and account activities to identify patterns or anomalies that may indicate suspicious behavior.
• Use advanced software and tools to analyze large volumes of data and flag transactions that require further investigation.
• Perform thorough investigations on individuals and organizations to assess the risk of potential money laundering activities.
• Gather and analyze information from various sources, such as public records and internal databases.
• Prepare and file Suspicious Activity Reports (SARs) with the appropriate regulatory authorities.
• Provide detailed information about the suspicious activities and help law enforcement agencies combat financial crimes.
• Ensure Leader Bank adheres to AML regulations and guidelines.
• Stay updated on the latest regulatory requirements and implement necessary measures to maintain compliance.
• Perform more complex investigations and play a crucial role in the development and implementation of AML policies and procedures.
• Mentor and provide guidance to Analysts, ensuring the overall effectiveness of the AML program within the organization.
• Other duties may be assigned.

Qualifications

• A four‑year college degree in Criminal Justice, Business, Finance, or a related field. Equivalent banking experience may be substituted for the degree requirement.
• Two years prior banking experience is required.
• Three years prior experience within a financial institution in the BSA department is preferred.
• Experience working with Nasdaq Verafin is a plus.
• Strong analytical skills to review and analyze complex financial data and identify suspicious patterns or activities.
• Critical thinking to interpret information effectively.
• Strong attention to detail and advanced investigative skills to spot irregularities or inconsistencies in data that may indicate potential money laundering activities.
• Comprehensive understanding of AML regulations and guidelines issued by regulatory authorities.
• Effective communication skills to collaborate with colleagues, present findings, document investigation reports, and communicate complex concepts clearly and concisely.
• Proficiency in using AML software solutions and data analysis tools.

Salary

Salary Minimum: $68,146 – Salary Max: $102,219.

The range listed is just one component of Leader Bank’s total compensation package for team members. Other rewards may include annual bonuses, commissions, short‑ and long‑term incentives, and program‑specific awards.

Equal Opportunity & E‑Verify

Leader Bank, N.A. is an Equal Opportunity and Aff… (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. E‑Verify® is a registered trademark of the U.S. Department of Homeland Security.