Pay Growth
?
out of 5
Not enough data
Not enough info to score pay or growth
BSA Analyst
Job
Somerset Regal Bank
Livingston, NJ (In Person)
$65,000 Salary, Full-Time
Review key factors to help you decide if the role fits your goals.
Job Security
?
out of 5
Not enough data
Calculating job security score...
Total Score
54
out of 100
Average of individual scores
Skill Insights
Compare your current skills to what this opportunity needs—we'll show you what you already have and what could strengthen your application.
Job Description
BSA Analyst Somerset Regal Bank
- 3.0 Livingston, NJ Job Details $60,000
- $70,000 a year 12 hours ago Benefits Health insurance Retirement plan Qualifications Economic sanctions regulations Bank experience Certified Anti-Money Laundering Specialist Office of Foreign Assets Control (OFAC)
Full Job Description Onsite :
BSA Department, 66 West Mount Pleasant Ave.; Livingston, NJ Mondays, Tuesdays & Wednesdays 8:30 am- 4:30 pm Thursdays 8:30 am
- 5:00 pm Fridays 8:30 am
- 4:00 pm
QUALIFICATIONS
At least one year of US bank branch or banking operations experience. Understanding of Bank Secrecy Act, US Patriot Act and related regulatory requirements related to Anti-Money Laundering and Know Your Customer legislation. Familiarity with Fiserv-Cleartouch and FCRM softwares preferred. Valid CAMS certification is required to have and maintain; can obtain post-hire.RESPONSIBILITIIES
Provide support to the BSA Officer with monitoring, testing, and all aspects of the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Office of Foreign Assets Control (OFAC) compliance. Analyze, review and clear generated alerts using the automated Transaction Monitoring System and recommending when activity warrants the filing of a suspicious Activity Report (SAR). Utilize various internal reports to detect and monitor suspicious activities. Assist in the preparation and submission of all Currency Transaction Reports (CTR) and Suspicious Activity Reports (SAR) within required timeframes. Review new customer accounts and verifyKYC / CDD
documentation. Review and clear possible OFAC matches. Report potential OFAC matches to the BSA Officer. Assist Senior Management, attorneys and government agents with levies and subpoenas. Assist in the development and modification of procedures for carrying out the requirements of the BSA Dept. Conduct monthly EDD reports for High Risk and Moderate Risk customers. Participates in 314a and 314b requests. Maintain current knowledge of all position related procedures and compliance. Perform additional duties as assigned by management necessary to maintain an efficiently run office, including cross-training in other Department or Bank functions. Ability to work varied hours/days as business dictates. May travel to Bank or other locations for job related functions.BENEFITS
Retirement plans Health Insurance Paid days off Annual salary: $60,000- $70,000 Somerset Regal Bank retains the right to change or modify job duties at any time.