BSA Analyst Position Available In Miami-Dade, Florida
Tallo's Job Summary: A leading financial institution is hiring a detail-oriented and bilingual BSA Analyst to ensure compliance with the Bank Secrecy Act and AML regulations. Responsibilities include monitoring transactions, conducting investigations, and assisting with regulatory reporting. Qualifications include a Bachelor's degree, 2+ years of experience in BSA/AML compliance, and fluency in English and Spanish.
Job Description
Job Summary:
A leading financial institution is seeking a detail-oriented and bilingual BSA Analyst to support its compliance program by ensuring adherence to the Bank Secrecy Act, Anti-Money Laundering (AML) regulations, and internal policies. This role plays a critical part in protecting the bank against illicit activity by conducting investigations, monitoring transactions, and assisting with regulatory reporting. The ideal candidate has strong analytical skills, thrives in a fast-paced environment, and is fluent in both English and Spanish.
Key Responsibilities:
Monitor customer transactions for suspicious activity using AML software and manual review. Investigate alerts and document findings in accordance with regulatory guidelines and internal procedures. Conduct Enhanced Due Diligence (EDD) reviews for high-risk clients. Prepare and file Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) within required timeframes. Support the development and maintenance of BSA/AML policies, procedures, and internal controls. Assist with periodic risk assessments and independent audits or examinations. Stay current on BSA/AML regulations, trends, and best practices. Collaborate with other departments (e.g., Operations, Risk, and Legal) to gather information and ensure compliance. Assist in onboarding reviews and periodic reviews of customer files for BSA/AML compliance. Respond to inquiries from internal stakeholders and regulatory authorities as needed.
Qualifications & Requirements:
Bachelor’s degree in Criminal Justice, Finance, Business Administration, or related field (or equivalent experience). 2+ years of experience in BSA/AML compliance within the banking or financial services industry. Familiarity with regulatory requirements including the Bank Secrecy Act, USA PATRIOT Act, and OFAC regulations. Strong investigative, analytical, and problem-solving skills. Excellent attention to detail and organizational abilities. Proficient in Microsoft Office Suite and AML monitoring systems (e.g., Verafin, Actimize, BAM+, etc.). Ability to interpret and apply complex regulatory guidelines in real-world situations. Fluent in English and Spanish (spoken and written).
