What are the responsibilities and job description for the BSA Analyst I position at First Western?
First Western is seeking a BSA Analyst I to join our team!
Are you looking for a challenging and rewarding opportunity? First Western is seeking a passionate and experienced professional to join our team.
As a BSA Analyst I at First Western, you will play a vital role in helping high-net-worth clients achieve their financial goals. You will work closely with our Risk Management and Compliance team to deliver comprehensive solutions that exceed client expectations.
If you are passionate about providing exceptional service to clients and are looking for a challenging and rewarding opportunity, we encourage you to apply for this position today.
What You Will Do :
- Independently investigate alerts generated by the bank's BSA / AML automated software (Verafin) for potential suspicious activity involving money laundering, terrorist financing and fraudulent activity across all business lines to determine and recommend appropriate resolution.
- Perform timely investigations with well-reasoned and supported decision making of suspicious activity.
- Summarize and conclude accurate SAR filing decisions with minimum support.
- Utilize a variety of internal bank systems and external research tools to investigate, research, and prepare documentation related to AML investigations that support resolution of investigation.
- Prepare and document research, analysis and investigation findings in a concise and through manner.
- Draft SARs and CTRs as needed; submit reports to BSA Officer allowing sufficient time for approval and submission.
- Conduct extensive EDD reviews on clients classified on the bank's high risk list. This includes, but is not limited to, Politically Exposed Persons (PEPs), Cash-intensive clients, Professional Service Providers (PSP), Non-governmental Organizations (NGO) and Money Service Businesses (MSBs).
- Responsible to accurately risk rate client relationships and document results of full analysis and review.
- Facilitate contact with account officers to obtain documentation and / or information necessary to complete the account analysis.
- Conduct ongoing quarterly and annual EDD reviews of high risk clients.
What You Bring :
Education Level Education Details Required / Preferred
Associate's Degree Finance, Legal or Criminal field preferred Preferred
Experience Level Experience Details Required / Preferred
1-3 years Bank Operations Preferred
1-3 years Experience performing BSA compliance review-related responsibilities or related experience Required
1-3 years Experience with Verafin and FIS Insight software or related software Preferred
License / Certification Details Time Frame Required / Preferred
CAMS or equivalent BSA certification Upon Hire Preferred
What You Receive :
At First Western, we pride ourselves on our culture of innovation, teamwork, and continuous learning. We are committed to providing our employees with the tools and resources they need to succeed, including ongoing training and development, a competitive compensation package, and a comprehensive benefits program.
Pay Range : $24.24 - $31.50 / HR
Job Classification : Full-Time Non-Exempt
Interested in learning more and seeing how we connect? Visit us today at : https : / / myfw.com / careers /
Questions? Contact us at Talent.Management@myfw.com
First Western Financial, Inc. is proud to be an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive and safe environment for all employees. We are fully committed to achieving a diverse workforce by hiring, developing, and retaining talented people from different backgrounds, experiences, abilities, and perspectives. Individuals from all backgrounds, including non-traditional backgrounds, historically marginalized, or underrepresented groups are strongly encouraged to apply.
First Western Financial, Inc. is committed to the full inclusion of all qualified individuals. In keeping with our commitment, First Western Financial, Inc. will take the steps to assure that people with disabilities are provided reasonable accommodations. Accordingly, if reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the position, and / or to receive all other benefits and privileges of employment, please contact Talent.Management@myfw.com.
Region A Pay Range
Pay Range
24.24-$31.50 USD
Salary : $24 - $32
