What are the responsibilities and job description for the BSA Analyst position at Sunrise Banks?
POSITION SUMMARY
The position is responsible for supporting BSA Management with the Enterprise-Wide BSA / AML / OFAC programs with an emphasis in FinTech Reviews / Audits, Quality Control, Regulatory Reporting (CTRs and SARs), High-Risk customer reviews, and daily risk-related administrative tasks. This position includes supporting the Bank Secrecy Act training efforts by working with customers (employees and external partners) on BSA compliance issues, as needed.
ESSENTIAL FUNCTIONS
- Perform 90 Day and Annual Reviews of external FinTech partners' BSA / AML Programs, including written and verbal communication of findings. Monitor outstanding findings and verify adequate resolution.
- Daily Quality Control (QC) review of alert resolution and Suspicious Activity Reports (SARs), as needed
- Compile monthly QC reports and verbally communicate suggested changes to Monitoring Services Management during monthly QC meetings
- Complete annual reviews of high-risk customers (i.e., Money Service Businesses and Private ATM Customers)
- Complete OFAC and 314(a) scanning and disposition potential hits appropriately, escalating when necessary
- Monitor the BSA Inbox and complete various risk-related tasks (such as CIP documentary review, pulling / reviewing CLEAR reports, prepaid card bulk order approvals, etc.)
- Complete daily Currency Transaction Reports (CTRs), as needed, as well as the annual CTR Exempt Customer reviews
- Complete ongoing monitoring of countries designated as AML-deficient by FATF or sanctioned by OFAC, suggesting updates to Sunrise's prohibited countries list as deemed necessary
- Assist BSA Management with regulatory research, as needed
- Policy / Procedure development or updates
- Complete special projects and perform other responsibilities as directed by management
SUPERVISORY RESPONSIBILITIES
None
COMPETENCIES
EDUCATION & EXPERIENCE
COMPENSATION AND BENEFITS
Expected annual salary range is between $52,696 - $75,280 depending on experience and qualifications.
Benefits include Medical, Dental and Vision Insurance, Retirement (401k), Life & AD&D insurance, STD / LTD insurance, PTO, Volunteer Time Off, Paid Parental Leave, Pet Insurance and more. Visit www.sunrisebanks.com / about / careers / .
Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
Salary : $52,696 - $75,280
