BSA Analyst - Appleton

Job Details

Job Location
Bank First Appleton - Appleton, WI

Description

Position Summary

This position plays a vital role in ensuring compliance with BSA/AML regulations and contributing to the overall Financial Crimes Compliance efforts of the Bank. This position requires a keen This position, based in Wisconsin, plays a vital role in ensuring compliance with BSA/AML regulations and contributing to the overall Financial Crimes compliance efforts of the bank.

Responsibilities:

• Prepare and File Currency Transaction Reports (CTRs): Ensure accurate and timely preparation and filing of Currency Transaction Reports (CTRs) in compliance with regulatory requirements.
• Review Cash Activity for Aggregate CTR Filing: Conduct thorough reviews of cash activity, identifying transactions requiring aggregate CTR filing.
• Manage Monetary Instrument Log Entries: Maintain meticulous records of monetary instrument transactions to meet audit and compliance requirements.
• Prepare Designations of BSA Exempt Persons: Generate and submit exemptions of individuals or entities exempt from certain BSA requirements and complete annual reviews of exempt persons.
• Conduct Daily Tasks Critical to BSA Compliance Department: Execute routine tasks vital to the smooth functioning of the BSA compliance department, ensuring operational efficiency.
• Conduct Customer Due Diligence Reviews: Perform comprehensive customer due diligence reviews, identifying and mitigating potential compliance risks.
• Review Transaction Monitoring Alerts: perform triage review of monitoring alerts for potential identification of suspicious activity.
• Act as a Liaison Between BSA Compliance and Other Bank Departments: Foster effective communication and collaboration between the BSA Compliance department and other bank departments, facilitating coordination and adherence to laws and regulations.

#INDBF

Qualifications

Competencies:

• Honesty, Integrity and Ethics: to act in a fair and just manner, free from deception; to comply with the bank's accepted principles of moral conduct
• Accountability: to accept responsibility
• Adaptability: the ability to fit into our changing work environment
• Decision Making: the ability to select an effective course of action while controlling resources and expenditures
• Interpersonal/Customer-Oriented: to develop and maintain relationships with others, internally and externally; focused on meeting customers' needs, understanding their concerns and seeking to build trust
• Results-Oriented: the ability to drive behaviors to emphasize achievement; the ability to be self-directed towards accomplishments, be action oriented, enjoy challenges, and pursue opportunities
• Innovative: to go beyond the conventional, a willingness to try different solutions, and to encourage new ideas
• Collaborative: works closely with internal departments such as compliance, legal and risk to share insights, provide recommendations, and ensure a unified approach to mitigating financial risks.
• Technology Utilization: Leverage advanced analytical tools and technologies to enhance the efficiency and effective of monitoring and investigative processes.

Qualifications:

• Bachelor's degree in a related field or 2-5 years of experience in Banking or Other Financial Services
• Introductory to Moderate understanding of BSA/AML regulations and compliance
• A passion for all things related to Financial Crimes Compliance
• An ability and comfort in working in a fast-paced environment with limited supervision.
• Excellent communication and collaboration skills.