What are the responsibilities and job description for the Anti-Money Laundering Analyst position at Partnership Employment?
Bank is looking for BSA Analyst
Essential Functions
- The BSA Analyst will assist the BSA Manager in the administration of BSA program
- Perform daily review monitoring, reporting and quality assurance of Certification of Beneficial Ownership processes.
- Monitors and reports lack of compliance with customer identification, customer due diligence, beneficial ownership, and OFAC requirements.
- Prepare and file Currency Transaction Reports (CTRs) in compliance with regulatory requirements.
- Assist in Know Your Customer (KYC) and OFAC clearance for new account applications.
- Perform quality assurance reviews on KYC procedures and digital product offerings.
- Input data into automated monitoring systems to ensure compliance with Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) requirements.
- Assist in retrieving documentation and providing necessary information during audits and examinations. Compile, review, and submit BSA-related reports as requested.
- Provide BSA, AML, OFAC and CIP compliance support across the organization; interacts with Bank personnel pertaining to such issues.
- Support the BSA department by preparing reports, maintaining records, and performing clerical tasks as needed.
- Assist staff with daily tasks, operations, and quality control to ensure optimal resource utilization.
- Address inquiries via telephone and direct calls to appropriate Bank personnel.
- Follow Bank policies and procedures while contributing to departmental and organizational goals.
