BSA Analyst – Financial Crime Investigations

This is a fully remote position, open to applicants in United States.

📋 Description

• Analyze BSA/AML alerts produced by the Bank's monitoring systems for any unusual, potentially suspicious, or fraudulent activities.

• Conduct prompt, precise, and thoroughly documented investigations related to retail banking and digital payment activities.

• Assess customer activity, transaction trends, account behaviors, and relevant documentation to determine appropriate risk-based actions.

• Recognize BSA/AML trends, typologies, control weaknesses, and emerging risks, and relay findings and recommendations to management.

• Record investigation results, analyses, conclusions, and justifications in accordance with departmental standards and audit requirements.

• Support the preparation and submission of Suspicious Activity Reports (SARs).

• Collaborate with BSA Operations, Fraud, Retail Banking, Operations, Risk, Compliance, and program manager stakeholders.

• Conduct or assist in adverse media, sanctions, PEP, and other screening assessments.

• Stay updated on the Bank's products, services, customer demographics, and geographical reach.

• Maintain expertise in BSA/AML compliance obligations concerning monitoring, investigation, escalation, and suspicious activity reporting.

• Provide verbal and written briefings to management, business partners, and stakeholders regarding investigation outcomes, risks, and recommended actions.

• Assist with special projects, remediation initiatives, policy and procedure updates, process enhancements, and control improvements.

• Report any suspicious activities observed during job responsibilities.

⛳️ Requirements

• Bachelor’s degree or equivalent professional experience.

• At least three (3) years of experience in BSA/AML, fraud, financial crime compliance, or a similar risk function within a financial institution.

• A minimum of one (1) year of experience with card or digital payments.

• Strong foundational knowledge of BSA/AML detection, alert review, investigation techniques, and risks associated with digital payments.

• Capability to analyze account activities, transaction patterns, customer behaviors, and evidence from investigations.

• Exceptional analytical, investigative, critical-thinking, and problem-solving abilities.

• Strong written and oral communication skills.

• High degree of tact, integrity, and discretion when dealing with confidential information.

• Ability to juggle multiple tasks, meet deadlines, and work autonomously in a fast-paced setting.

• Capacity to collaborate effectively across various teams and departments while exercising sound risk-based judgment.

• Proficient time management and organizational skills.

• Competence in Microsoft Office.

• Familiarity with fraud and BSA/AML monitoring software such as Verafin, Unit21, or LexisNexis is preferred.

• Experience in supporting audits, regulatory examinations, remediation processes, or quality-control reviews is preferred.

• Professional certifications such as CAMS, CFE, CIA, or CRMA are preferred.

• Employees are required to comply with the Bank Secrecy Act; certain positions also necessitate OFAC compliance.

🏝️ Benefits

• Competitive compensation and benefits package reflective of experience.

• Collaborative work atmosphere supported by strong organizational resources.

• Opportunity to take on a vital role within a critical compliance function.