What are the responsibilities and job description for the BSA Analyst position at SOUTHERN STATES BANK?
Job Details
Description
Job Summary: Under the general supervision of the BSA Officer, this position performs various assignments related to the Banks Compliance and Bank Secrecy Act Programs. This position is to assist the Compliance Officer with the Bank Secrecy Act prevention activities and advocating and facilitating the development, implementation, communication, and maintenance of the corporate-wide Compliance Risk Management Program.
Listing of Key Responsibilities:
- Assists with BSA / AML Compliance under supervision of the BSA Officer.
- Assists with completion of reviews, daily, weekly and monthly reports, including exception reports, change control maintenance, and related documentation.
- Reviews and completes CTRs on a daily and weekly basis.
- Collects data for procedure reviews and compiles results.
- Documents exceptions in the completion of duties pertaining to BSA/AML and notifies BSA Officer in the event that correctional training is necessary.
- Performs account reviews and files Suspicious Activity Reports as needed.
- Keeps up to date with current bank products and procedures.
- Assists with the gathering of information for external audits and regulatory examinations.
- Acts as a resource for branches, departments and management.
- Keeps abreast of current issues and areas of risk, and appropriately focuses attention/identification on areas that pose high risk.
- Participates in necessary education and training to attain essential knowledge and information.
- Assists with internal audits, to determine whether controls are adequate and effective maintained in accordance with Bank policies and procedures for general regulatory compliance.
- Provides assistance and performs clerical and other related duties as assigned, in support of the administrative work of the BSA Department.
Qualifications
Education Required: Bachelor's degree in Accounting, Finance or Business-related field. Equivalent combination of education and experience may be considered.
Experience Required: 4 years of banking experience.
Knowledge and Skills Required: Experience with BSA/AML requirements, regulatory compliance, compliance monitoring and/or auditing. Self -Starter with superior time management and organizational skills. Strong analytical skills required to organize and analyze multiple, complex data sets as well as strong verbal and written communication skills. Able to provide positive guidance regarding regulatory requirements to other personnel. Comfortable handling multiple assignments and tasks in parallel and meeting deadlines. Must be proficient in the use of personal computer systems, internal application and electronic mail, and various windows based software applications to include, but not limited to, banking application software, Word and Excel.
