BSA Analyst – Newark, NJ *
Responsibilities include:
- Follow procedures as documented in the BSA Program
- Review and File Currency Transaction Reports as required by FinCen
- Review and clear OFAC alerts generated by the Bank’s systems
- Access, review, and complete 314 (A) screening requests
- Review wire transaction report on a quarterly basis for unusual or suspicious activity
- Review monetary instrument log on a monthly basis for unusual or suspicious activity
- Review and File Currency Transaction Reports as required by FinCen Prepare and complete daily, weekly, monthly, and quarterly BSA monitoring reports
- Complete and document daily due diligence research on existing and prospective Bank clients• Prepare trend analysis reports to monitor BSA risk metrics
- Assist with and/or perform other duties as assigned
- Maintain effective team oriented working relationships
- Maintain a positive attitude and flexibility
- Take initiative and demonstrate conscientiousness toward responsibilities.
Requirements include:
- BA Degree in Business, Accounting or any combination of education, training, and experience
- Knowledge of Bank Secrecy Act and Anti Money Laundering regulations including OFAC regulations and USA PATRIOT Act.
- Experienced usage in Word, Excel, and PowerPoint
- Strong attention to detail and strong organizational/time-management skills
.• Business writing skills and experience
- Fundamental knowledge of general banking principles, philosophies, and operations
- Ability to effectively complete multiple projects simultaneously, managing time
- Ability to effectively work unsupervised
- Must possess strong verbal and written communication
- Must have business writing experience
- Ability to be motivating and provide leadership towards others
- Must be able to work well under pressure, while maintaining a positive attitude.
- Additional training in: OFAC Regulations, USA PATRIOT Act, Customer Identification Program, Know Your Customer, FinCen 314 (A) requirements, FinCen 314 (B) requirements, Suspicious Activity Monitoring, FFIEC BSA requirements
*This position is filled at this time, however we get similar positions with other clients. If interested, please forward your resume to: JillR@AplusPersonnel.com so we may reach out to you as soon as we have another opening.