What are the responsibilities and job description for the BSA Analyst position at Professional Alternatives?
Investigate alerts from monitoring software
Perform case investigations
Prepare Suspicious Activity Reports (SARs)
Conduct due diligence reviews
Assist with annual reviews
Review potential matches to FinCEN 314(a) suspects
Respond to 314(b) requests
Train banking staff on BSA-related matters
Assist with policy and procedure improvements
Compliance
- Ensure compliance with the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and other regulations
- Protect the company from being used for illegal activity
Investigations
- Research and investigate customer and transactional data
- Report to law enforcement and governmental agencies
- Detect, identify, and investigate money-flow anomalies
- Training Stay current on regulatory requirements and Participate in training and policy improvements.
Other duties
- Perform peer reviews
- Assist with questionnaire, checklist, and tracking system development
- Participate in team meetings
