Senior BSA Compliance Analyst (BBBH11675) River Vale, New Jersey
SENIOR BSA/COMPLIANCE ANALYST - COMMUNITY BANK IN NORTHERN NEW JERSEY
Responsible for assisting the BSA/Compliance Officer with the daily and monthly workflow in the BSA/Compliance Department. Extensive knowledge of Bank Secrecy Act and Anti Money Laundering regulations (OFAC/USA Patriot Act) a must. Review transaction monitoring of cash, checks, etc., by reviewing software monitoring alerts, knowledge of FISERV FCRM AML Manager a plus. Ongoing enhanced due diligence monitoring of customer relationships including transactional analysis for customers that pose a higher risk to the bank. Review and submit CTR reports. Complete and file Suspicious Activity reports. Oversee the Bank's Watch List program (OFAC/314a) including updating lists and validating potential matches when applicable. Must stay current with regulatory changes, industry standards and best practices. Basic knowledge of consumer compliance/regulations applicable to lending and deposit functions of the bank. Serve as point of contact for all AML-related matters and unusual activity or behavior raised by frontline staff. Attend training and maintain basic knowledge of procedures to assure compliance with laws and regulations governing financial institutions, with an emphasis on the BSA/AML/CIP, FACT Identity Theft.