What are the responsibilities and job description for the BSA Compliance Analyst position at Guaranty Bank & Trust NA?
At Guaranty Bank & Trust, we are passionate about helping others and our communities. We strive to stand out and be different, and as a result, our business is growing fast!
Guaranty Bank & Trust offers competitive pay and benefits, generous time off, continued training and career development. Do you want to work for a respected financial institution who supports innovation, promotes collaboration, is environmentally responsible, technology driven, ethical, and is willing to invest in your career? If so, we should meet!
If you’re ready to join our team and continue your career with a company who values the employees and customers we serve, we look forward to an opportunity to say hello and start the conversation through an informal Spark Hire video interview via this link https://hire.li/0IU6bNtT4V7SAuxtqLXUv
Job Functions
- Assist in maintenance and monitoring of the Bank’s compliance and BSA programs.
- Maintain a current knowledge of the applicable regulatory requirements in order to effectively monitor and maintain compliance with the requirements.
- Review and track currency transaction reports for accuracy, submission and proper filing.
- Periodically perform OFAC and other Watch List reviews using BSA/AML Monitoring Software.
- Assist BSA Officer in conducting periodic assessment of the bank’s departments for BSA/AML/OFAC/CIP compliance.
- Analyze transactions using BSA/AML monitoring software and other reports to determine if they are suspicious in nature, maintain proper documentation and take appropriate action.
- Assist in the compliance reviews and mailing of notices of adverse action.
- Manage files and documentation and perform special projects as needed.
- Comply with all federal, state and local regulatory rules and regulations governing financial institutions, as well as all company policies and procedures.
- Complete and pass all required regulatory compliance training as assigned.
- Cross train in various areas of the department as needed to assist others in daily work and projects.
- Perform other tasks assigned by management.
Job Skills/Qualifications
- High school diploma required. Some college level coursework preferred; college degree not required.
- Minimum of two (2) years prior financial institution experience. BSA experience preferred.
- Knowledge of Bank Secrecy Act/Anti Money Laundering/U.S. Patriot Act, OFAC Regulations as well as bank lending and operations related regulatory requirements preferred.
- General knowledge and understanding of bank deposit operations, lending activities, and other related consumer banking and compliance functions.
- Strong interpersonal, communication (written and verbal), and organizational skills with the ability to work independently, as well as, collaboratively within a team environment.
- Strong decision making, analytical and investigative abilities with attention to detail and accuracy.
- Proficient with computer skills including, but not limited to Microsoft Word, Excel, PowerPoint, and Outlook.
- Ability to be flexible to a quickly changing environment.
This is not a remote position
Experience
Preferred- Knowledge of Bank Secrecy Act/Anti Money Laundering/U.S. Patriot Act, OFAC Regulations as well as bank lending and operations related regulatory requirements preferred.
- 2 year(s): Minimum of two (2) years prior financial institution experience. BSA experience preferred.
Education
Required- High School or better
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)
