EDD BSA Analyst
- $31 - $54
- Lakewood, CA
EDD BSA Analyst need for well-established California bank that has been in operation for over 100 years
A bit about us:
EDD BSA Analyst need for well-established California bank that has been in operation for over 100 years
Why join us?
- Leverage the latest Network technologies
- Strong benefits (M,D,V, and 401k)
- Profit sharing contribution
- Flexible work environment
- Extra paycheck at Christmas
Job Details
The Enhanced Due Diligence (EDD) BSA Analyst 2 executes the Bank’s Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) Compliance Program. The EDD BSA Analyst 2 assists the Bank in detecting unusual or suspicious activity in a timely manner to safeguard the integrity of the Bank and ensure the Bank’s compliance with BSA/AML and OFAC regulations. This position is also responsible for assisting other BSA Teams, participating in projects and other assignments to prevent the Bank from being exploited by money laundering or terrorist financing activities. The EDD BSA Analyst 2 is to follow department procedures and comply with FFIEC BSA/AML Examination Manual.
Essential Duties
- Perform Enhanced Due Diligence reviews on high-risk entities and individuals to document rating rational.
- Perform research, including negative news searches, through the Bank’s systems, online public databases and subscription-based database resources.
- Analyze customer data for AML/OFAC concerns.
- Work with frontline staff to resolve any outstanding information for customer profiles.
- Resolves complex problems or issues, where expertise is required to interpret policies, regulations, guidelines, or processes.
- Partners with cross function peers to train and assist if needed.
- Perform review of 314(a) Request from FinCEN every two weeks and disposition potential matches.
- Ability to analyze and research complex information to submit comprehensive recommendations regarding potentially suspicious and/or high-risk activity.
- Proficient knowledge of BSA/AML software to adequately detect, review and report suspicious activity.
- Stay up to date and knowledgeable on AML/OFAC regulatory requirements and FinCEN updates.
- Complies with all State and Federal Banking regulatory requirements, including but not limited to: BSA, Anti-Money Laundering OFAC, CIP, Financial Elder Abuse Reporting, Sexual Harassment, - Information Security and privacy requirements. This position will elevate suspicious activity to supervisory staff and/or BSA department. Completes compliance and other technical training workshops as assigned.
- Maintain adequate filing and tracking system for BSA documents.
Required Knowledge
- Bank Secrecy Act
- OFAC
- USA PATRIOT Act
- Privacy Laws
Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Sometimes Jobot is required to perform background checks with your authorization. Jobot will consider qualified candidates with criminal histories in a manner consistent with any applicable federal, state, or local law regarding criminal backgrounds, including but not limited to the Los Angeles Fair Chance Initiative for Hiring and the San Francisco Fair Chance Ordinance.
Sometimes Jobot is required to perform background checks with your authorization. Jobot will consider qualified candidates with criminal histories in a manner consistent with any applicable federal, state, or local law regarding criminal backgrounds, including but not limited to the Los Angeles Fair Chance Initiative for Hiring and the San Francisco Fair Chance Ordinance.