What are the responsibilities and job description for the BSA Compliance Analyst position at First PREMIER Bank?
Location: Sioux Falls, SD
Shift: Monday-Friday 8am-5pm
Job Schedule: Full-Time
Company: First PREMIER Bank
About the Role
The BSA Analyst will assist in executing the BSA/AML Compliance program. They are responsible for ensuring required regulatory reporting is conducted in a timely, accurate and compliant manner. This could include filing of Currency Transaction Reports (CTR’s) and Suspicious Activity Reports (SAR’s) to FinCEN, as well as FinCEN 314a procedures and reporting. They will complete the timely review of transaction monitoring alerts and OFAC alerts as well as assisting with other BSA related regulatory matters and projects. They would help establish and maintain appropriate Suspicious Activity investigation, review and reporting processes that promote consistent decisions, adequate investigation and research, and complete detail documentation as well as Office of Foreign Affairs (OFAC) processes and procedures. Compliance is responsible for providing an independent, objective assurance and consulting activity designed to add value and improve First PREMIER Bank and PREMIER Bankcard LLC’s operations. This position may be specific to First PREMIER Bank, PREMIER Bankcard, or a combination of Bank and Bankcard.
Job Duties and Responsibilities
- Becomes proficient in working OFAC and transaction monitoring alerts.
- Assist in Bank wide annual BSA training.
- Assist with preparation of materials for Senior Management and the Board(s).
- Collaborate and consult with peers, businesses partners, and managers to provide advice on risks and controls.
- Conduct independent interviews with the business to assess adherence to regulatory requirements.
- Prepare reports and communicate with affected personnel and management.
Skills and Qualifications
- Strong attention to detail.
- Demonstrated organizational skills, confidentiality, and independent work experience necessary.
- Strong verbal and written communication skills.
- Proficient knowledge of the structure and content of the English language is required, including the meaning, rules of composition, and grammar.
- Strong organizational skills, able to multi-task, deliver under pressure and tight timelines.
- Self-motivated.
Competitive Benefits Package
- Full medical benefits when working 20 hours per week
- Traditional and High Deductible health plan options available
- FREE dental and vision coverage
- Generous Paid Time Off plans
- 401(k) – dollar-for-dollar match up to 5% of total compensation
- Special discounts and offers for events at the Denny Sanford PREMIER Center
- PREMIER Wellness Program
- Paid Community Volunteer Hours – PREMIER averages 30,000 hours per year
- Fun Employee Parties
Our Culture
- Emphasis on personal success, respect, health, wellness, fun and giving back
- Employees are rewarded, valued, and celebrated for hard work
- Various Career advancement opportunities and growth
- Appreciation is shown through concerts, outdoor bashes, cash, car giveaways and more
At First PREMIER Bank and PREMIER Bankcard, we’ve created a culture that emphasizes personal success, respect, health, and wellness, fun and giving back. This is an environment where you will be rewarded, valued, and celebrated for your hard work.
We offer a robust and expanded package of health benefits, incentives, paid time off and growth and career advancement opportunities. We celebrate our employees and show our appreciation with private concerts, outdoor bashes, cash and car giveaways and more! See some of our epic celebrations and employee recognitions.
Considered one of the nation’s strongest financial organizations, we’ve achieved our success by embodying the views and values of The PREMIER Way. From our CEOs to the newest hires, we all follow these shared views and values to guide us on how to treat our customers, co-workers and communities. The PREMIER Way also serves as a roadmap on how to be successful inside and outside of the workplace. We believe in investing in our employees, their families and our communities.
To ensure timely communication during the application process, please ensure that the “My Presence” portion of your profile is kept current. This should include your most recent phone number and email address. Additionally, please upload any relevant documentation, such as a cover letter and resume. Initial contact will be made via email. Please check your email regularly for any updates or sign in at Careers to view any status changes.
Neither First PREMIER Bank nor PREMIER Bankcard, LLC discriminates in hiring or employment on the basis of race, color, religion, gender, national origin, age, disability, protected veteran status, or status within any other protected group.
