AVP, Senior BSA Compliance Analyst

Essential Duties and Responsibilities:Conduct in-depth due diligence reviews and prepare comprehensive reports on High and Moderate risk customers to assess and mitigate BSA/AML risk.Validate and document customer’s Risk designation or mitigating factors in order to establish periodic EDD review schedule.Perform quality control reviews of various AML/BSA/Fraud functions, including but not limited to case investigations, Suspicious Activity Reports (SARs), BSA/Fraud alerts, customer risk reviews, Currency Transactions Reporting (CTR), to determine if the review and research were conducted in accordance with quality standards and time frames set forth within established procedures, policies, and regulatory requirements.Evaluate and adjust scoring of AML software to provide the most value to the BSA/Fraud program in accordance with established risk tolerance.Assist in transaction testing, data validation, and ongoing customization of the AML software.Proactively monitor, measure, analyze, execute, track and report on data quality issues.Perform root cause analysis of identified data quality issues, tracing data upstream and providing solutions.Investigate escalated alerts of potential suspicious activity produced or referred by other areas of the bank and determine appropriate course of action. Exercise solid judgment on examining information, and document suspicious activity, behaviors and/or patterns.Ensure Watch List information is properly maintained and updated, review and respond to concerns about OFAC, SDN or other Watch List alerts and take mandated action as necessary.Disseminate information, answer questions, and be a subject matter expert on BSA/AML/OFAC/Fraud related issues.This role may directly support the Bank’s Fraud Program, including day to day responsibilities, alert/case investigations and Financial Elder Abuse reporting.Contribute to the development and implementation of Fraud Risk processes, tools, policies, standards, and procedures in alignment with the BSA/AML Program.Keep abreast of Fraud, BSA and AML related regulations for changing compliance and recommend business process improvements.Review and analyze new and pending laws and regulations. Develop or revise appropriate policies, procedures, and disclosure agreements to ensure compliance.Assist with regulatory examinations and audits, including gathering requested information, developing, and coordinating responses to such reviews as necessary.Qualifications:Combination of training and experience that would provide the knowledge and abilities listed above including specific knowledge of State and Federal laws and regulations pertaining to financial institutions (i.e., BSA, AML, OFAC, USA Patriot Act).Minimum of 5 years BSA and Fraud experience. Experience in depository financial institution processes and procedures or similar experience is preferred.Solid understanding of banking and fraud threats posed by Money Laundering activities.Have a strategic and entrepreneurial mindset with an ability to identify emerging compliance trends and risks, ensuring we stay ahead of the curve.Excellent verbal and written communication skills, with the ability to break down complex requirements into easy to understand and practical systems.Proficiency with computer programs including fraud identification and AML software.If you are interested in learning more, please send a copy of your resume to

p.haywood@hamlynwilliams.com

OR

L.wells@hamylwilliams.com .

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