Chain Bridge Bank N.A
Bsa Aml Analyst
Chain Bridge Bank N.A, Mc Lean, Virginia, us, 22107
Job Title: BSA AML Analyst Department: BSA Job Location: Hybrid/Onsite, McLean, VA (just outside Washington DC) Reports to: VP & BSA, Security & OFAC Officer About Chain Bridge Bank, N.A. Chain Bridge Bank, N.A., headquartered in McLean, Virginia, is a nationally chartered bank offering a comprehensive range of commercial and consumer banking services, including traditional deposit accounts, mortgages, and loans, as well as trust and wealth management services. The bank integrates personal service with technology and strictly complies with financial and regulatory standards. Compensation The bank offers competitive pay, a comprehensive benefits package, and participation in the Chain Bridge Bank, N.A. Incentive Compensation Plan. Training and career development opportunities are also provided. Responsibilities: • Daily Monitoring: Review and analyze transaction data to identify unusual or suspicious activities; investigate as necessary. • Account Reviews: Perform thorough reviews of new accounts to ensure timely documentation of Customer Identification Program (CIP) information, Account Due Diligence (ADD) information, and customer Due Diligence (CDD) information. • Compliance Reporting: Review OFAC and 314A reports and assist with 314(b) requests. • High-Risk Accounts: Monitor and document activities in high-risk accounts and maintain the High-Risk List. • Currency Transaction Reports (CTR): Monitor daily cash activities and complete CTRs as required. • Risk Rating: Ensure appropriate risk ratings are completed for each client at account opening and throughout the entirety of the client relationship. • Enhanced Due Diligence (EDD): Ensure that EDD processes are completed for high-risk accounts. • Fraud Monitoring: Assist in identifying and investigating suspicious activities using BSA AML software. • Suspicious Activity Reports (SARs): Support the BSA Officer in completing SARs. • Training & Audits: Participate in required compliance training and assist in preparing for audits and updating risk assessments. • Additional Duties: Perform other duties as assigned to support the compliance team. Qualifications: Skills & Qualifications: • Attention to Detail: Meticulous and accurate in analyzing data and documentation. • Problem-Solving: Strong analytical and judgment skills. • Communication: Excellent written and verbal communication skills. • Technology: Proficiency in Microsoft Office and other relevant software. • Self-Motivation: Ability to work independently and manage multiple tasks effectively. Education & Experience: • Education: High School diploma required; college degree preferred. • Experience: Minimum of 3 years of experience in BSA investigations or banking, with knowledge of BSA regulations. • Regulatory Knowledge: Familiarity with the BSA, USA PATRIOT Act, FinCEN guidance, and related regulations.
• Daily Monitoring: Review and analyze transaction data to identify unusual or suspicious activities; investigate as necessary. • Account Reviews: Perform thorough reviews of new accounts to ensure timely documentation of Customer Identification Program (CIP) information, Account Due Diligence (ADD) information, and customer Due Diligence (CDD) information. • Compliance Reporting: Review OFAC and 314A reports and assist with 314(b) requests. • High-Risk Accounts: Monitor and document activities in high-risk accounts and maintain the High-Risk List. • Currency Transaction Reports (CTR): Monitor daily cash activities and complete CTRs as required. • Risk Rating: Ensure appropriate risk ratings are completed for each client at account opening and throughout the entirety of the client relationship. • Enhanced Due Diligence (EDD): Ensure that EDD processes are completed for high-risk accounts. • Fraud Monitoring: Assist in identifying and investigating suspicious activities using BSA AML software. • Suspicious Activity Reports (SARs): Support the BSA Officer in completing SARs. • Training & Audits: Participate in required compliance training and assist in preparing for audits and updating risk assessments. • Additional Duties: Perform other duties as assigned to support the compliance team.
• Daily Monitoring: Review and analyze transaction data to identify unusual or suspicious activities; investigate as necessary. • Account Reviews: Perform thorough reviews of new accounts to ensure timely documentation of Customer Identification Program (CIP) information, Account Due Diligence (ADD) information, and customer Due Diligence (CDD) information. • Compliance Reporting: Review OFAC and 314A reports and assist with 314(b) requests. • High-Risk Accounts: Monitor and document activities in high-risk accounts and maintain the High-Risk List. • Currency Transaction Reports (CTR): Monitor daily cash activities and complete CTRs as required. • Risk Rating: Ensure appropriate risk ratings are completed for each client at account opening and throughout the entirety of the client relationship. • Enhanced Due Diligence (EDD): Ensure that EDD processes are completed for high-risk accounts. • Fraud Monitoring: Assist in identifying and investigating suspicious activities using BSA AML software. • Suspicious Activity Reports (SARs): Support the BSA Officer in completing SARs. • Training & Audits: Participate in required compliance training and assist in preparing for audits and updating risk assessments. • Additional Duties: Perform other duties as assigned to support the compliance team.