BSA Analyst – Evansville, IN

Department: Compliance

Job Status: Full Time

FLSA Status: Exempt

Work Schedule: Monday – Friday; 8a-5p

Location: Evansville, IN

Reports To: AVP, Compliance Officer

Amount of Travel Required: Occasional travel required

Positions Supervised: None

Position Summary

This position is responsible for the monitoring of bank wide financial activity to ensure the detection of suspicious activity and compliance with Bank Secrecy Act (BSA) related laws.  Perform analysis and conduct investigations to ensure compliance with BSA, Office of Foreign Assets Control (OFAC) and the USA PATRIOT Act.

Essential Functions

Reasonable Accommodations Statement
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable Accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

Essential Functions Statement(s)

  • Research and prepare SAR related documents; prepare a narrative summary of findings to report to the BSA Officer
  • Review CTRs daily and prepare for e-file within the required time frame
  • Monitor high risk, high cash volume customers/transactions to determine suspicious activity and assess risk
  • Maintain updated policies, procedures and technologies to ensure compliance with BSA regulations including customer and enhanced due diligence requirements
  • Manage procedures for the preparation of currency transactions reports, the maintenance of the records of monetary instruments sold for cash and fund transfers, the exemption of customers from cash transaction reporting, compliance with OFAC, handling of section 314(a) requests, adherence to the Customer Identification Program, and the reporting of suspicious transactions
  • Provide assistance and support during internal audits and regulatory exams
  • Ensure that audit and regulatory examination findings are addressed and corrected in a timely manner
  • Assist customers with fraud and/or identity theft
  • Complete various bank reports on a monthly, quarterly and annual basis
  • Assist the BSA Officer as needed, including coordinating compliance review activities with third-party reviewers

Position Qualifications

Education: Bachelor’s Degree (four year college or university) desired but not required

Experience: Bachelor’s degree or equivalent work experience; Two to four years BSA experience in BSA/AML transaction monitoring; Strong working knowledge of banking regulations

Computer Skills: Basic computer skills