BSA/Fraud Analyst

Job Description:

The BSA analyst position is responsible for ensuring compliance with the Bank Secrecy Act (BSA)/Anti-
Money Laundering (AML) policies and procedures and the applicable federal regulations to protect
the company from being used as a conduit for illegal activity. The BSA/AML program includes
Currency Transaction Reports (CTRs), Office of Foreign Asset Control (OFAC), Suspicious Activity
Reports (SARs), Customer Due Diligence (CDD), and Customer Identification Program (CIP).

Essential Functions & Responsibilities: 

Assist with the alert workload and the monitoring for suspicious patterns/activity and fraud,
conduct suspicious activity report investigations, as well as high risk customer/account reviews,
and recommend when to file and not file Suspicious Activity Reports (SARs). May assist in the
filing of SARs when necessary. 

Conduct enhanced due diligence reviews which entails research, the gathering of documents,
composing a well written narrative, making appropriate recommendations, and assigning
appropriate risk factors. 

Perform 90-day SAR follow up reviews; recommending whether continuing activity SAR should
be completed. 

Assist in the preparation and submission of all Currency Transaction Reports (CTRs) within the
regulatory deadline of 15 days. 

Ensure proper identification and adherence to the Bank’s BSA Program including, but not
limited to; CIP, CDD/EDD/BO, OFAC and record keeping and retention requirements. 

Ensure BSA files remain current, accurate, and well-documented. 
Assist with gathering information for the Money Laundering Risk (MLR) reporting process. 
Participate in ongoing training to maintain current knowledge of BSA/AML and OFAC regulatory

requirements. 
Assist in the compliance of 314(a) and 314(b) responsibilities. 
Monitor potential OFAC matches and take appropriate action to escalate them when necessary. 
Other duties may be assigned by the BSA Officer. 
Complies with federal and state regulations and all established bank policies and procedures.

Skills 

Support and promote the Bank vision, mission and core values, organizational structure and
policies and procedures. 

Develop and maintain positive relationships within related business units to ensure
partnership approach to compliance risk management. 

Ambitious, self-motivated individual with a strong work ethic, positive attitude and the
ability to work independently and as part of a team 

Strong organization skills with the ability to multi task and prioritize conflicting demands 
Demonstrated strong analytical, research, problem-solving, and decision-making skills. 
Individual should be able to work under high pressure situations and a stressful atmosphere

and should remain composed. 
Able to communicate with people at all levels and various backgrounds 
Acknowledge and observe strict confidentiality requirements. 
Proficient with computer skills including Microsoft Word, Excel, PowerPoint and Outlook.

Education & Experience: 

Bachelor’s degree (BA or BS) is preferred 
Knowledge of BSA/OFAC/Fraud function, or equivalent banking experience 
Minimum three years' related experience required in BSA/Fraud duties 
Experience with Verafin or other BSA monitoring software

Requirements:

• Onsite Work Location: Phoenix, Arizona (not a remote position)
• Work hours: Monday – Friday 8:00am – 5:00pm
• NOTE: THIS IS NOT A REMOTE POSITION.
  

How to Apply:

Republic Bank of Arizona is a locally owned, independent bank, dedicated to offering
exceptional personalized service to business owners and community members through a deep
knowledge and understanding of finance and business cycles. Management has a vision of
profitable growth and expansion, and we recognize the need for a top-quality team to achieve
our objective. If you fit this profile, please contact us so we can continue the conversation.

Please email qualifications to Rhonda Kaiser at rkaiser@republicaz.com.

Republic Bank of Arizona has earned a five star “Superior” rating from Bauer Financial.
Republic Bank of Arizona is an equal opportunity employer that provides team members with an inclusive, supportive, and equitable
environment. This job description is not intended to be all-inclusive. Employees may be required to perform other related duties as assigned to
meet the ongoing needs of the organization.