BSA Analyst bei Chino Commercial Bank, N.A.

Description

INTRODUCTION

We welcome you to join our Chino Commercial Bank Team!

We are currently seeking for a Qualified BSA Analyst who is passionate, driven, collaborative, and solutions minded individual to join our team.

We are dedicated in creating a championing environment where you can grow and thrive. We foster a caring culture by empowering you to achieve your professional goals.

Our Mission is to provide exceptional customer service to make a difference in the lives of our customers and communities.

SUMMARY

This position of Bank Secrecy Act (BSA) Analyst is responsible for performing a variety of complex duties required to ensure the accuracy and effectiveness of the Bank’s BSA, Anti Money Laundering, Office of Foreign Asset Control monitoring and Financial Crimes Enforcement Network monitoring, according to established policies and procedures. This position is responsible for the required regulatory monthly and quarterly reporting's, assists with the oversight of audits performed within the BSA area and is responsible for reviewing and submitting Suspicious Activity Reports, SARs. The BSA Analyst must maintain compliance within audit, internal controls, security, BSA, and CTR standards.

Requirements

ESSENTIAL DUTIES

1. Monitor business activities, procedures and documentation for operations compliance with banking regulations.
2. Examine reports to determine if situations meet the established criteria for investigating suspected fraudulent or problem accounts.
3. Conduct analysis on transactional data to make determinations of irregular activity through understanding of industry norms, historical customer activity and regulatory definitions of suspicious activity.
4. Collect, analyze and disseminate sensitive information concerning the suspicious activities of groups, businesses and individuals.
5. Conduct investigations of suspect account activity using the Bank’s resources (i.e., system software, reports, databases, and system applications).
6. Prepare research documentation and officer communications for investigations for and complete the Enhanced Due Diligence (EDD) reviews and Customer Due Diligence (CDD) reviews.
7. Exercise solid judgment while examining, identifying and documenting suspicious account activity behaviors and patterns.
8. Maintain a high degree of professional competence in the area of the Bank Secrecy Act activities and investigations through self-study, seminars and professional organizations.
9. Assist with problem solving and logical analysis of complex activities related to the Bank Secrecy Act.
10. Assist in the implementation of new methods, processes and procedures to make daily operations more efficient.
11. Work in cooperation with the bank personnel, corporate security and regulatory authorities.
12. Prepare thorough documentation and forms for Suspicious Activity Reporting (SARs) referrals when necessary.
13. Maintain detailed documentation on each case file including all communications between business units and/or customers and documentary support of findings.
14. Effectively maintain high risk customer records, files, spreadsheets, cases and related documentation.
15. Manage the daily Customer Identification Program (CIP) exception tracking and reporting process. * Ensure business account customers the appropriate North American Industry Classification System (NAICS) codes to classify business establishment for risk evaluation purposes.
16. Comply with all applicable federal, state and local banking and industry related laws and regulations including but not limited to the Bank Secrecy Act and related laws and regulations.
17. Incumbent may have access to customer accounts and/or sensitive and confidential information. * Monitor the Enhanced Due Diligence reviews and the outstanding BSA document requests.
18. May collaborate with bank officers and branch managers to resolve outstanding CIP exception issues.
19. May work with account officers and branch managers to resolve outstanding CIP exception issues and/or close accounts for non-compliance.
20. Performs all other duties and special projects as assigned.
21. Assists and provides support to areas of branch operations and other bank departments as needed in order to develop effective processes and better serve bank customers.
22. Other duties as assigned by management.
23. Research compliance laws and regulations and provides guidance to bank clients.
24. Operates computer terminal or personal computer to process account activity; determine balances and resolve problems within given authority.
25. Provides effective customer service by answering employee and customer questions.

SECONDARY DUTIES

The position of BSA Analyst performs duties specific to the position and other functions as assigned.

SUPERVISORY RESPONSIBILITY

The position of BSA Analyst is not responsible for the supervision of any employee(s).

PHYSICAL DEMANDS AND WORK ENVIRONMENT

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions. The environment for this position is an open office that is mostly clean and comfortable. The employee is in a non-confined office-type setting in which he or she is free to move about at will. While performing the duties of this position, the employee is regularly required to talk or hear. The employee frequently is required to use hands or finger, handle, or feel objects, tools or controls. The employee is occasionally required to stand; walk; sit; reach with hands and arms; climb or balance; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this position include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus. The noise level in the work environment is usually moderate. The employee may operate any or all of the following: telephone, copy and fax machines, adding machine (calculator), check protector, microfilm equipment, encoder, money counter, credit card terminal, typewriter, computer terminal, personal computer and related printers.

MENTAL DEMANDS

The incumbent in this position must be able to accommodate to reading documents or instruments, detailed work, problem solving, customer contact, reasoning, math, language, presentations, verbal and written communication, analytical reasoning, stress, multiple concurrent tasks and constant interruptions.

POSITION REQUIREMENTS

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

• Associate’s degree (AA) or equivalent from two (2) year college or technical school; or three (3) or more years of related experience and/or training; or the equivalent combination of education and experience. Work related experience should consist of a financial institution operations, sales or customer service background. Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be business or financial industry related.
• Intermediate experience, knowledge and training in branch operation activities, terminology and products and services relating to retail and commercial account customers.
• Intermediate knowledge of related state and federal banking compliance regulations, and other Bank operational policies.
• Intermediate skills in computer terminal and personal computer operation; mainframe computer system; and word processing, spreadsheet and account opening software programs.
• Previous Verafin experience preferred, not required.
• CAMS (Certified Anti-Money Laundering Specialist) certification a plus.
• Intermediate typing skills to meet production needs of the position.
• Intermediate knowledge of general office practices.
• Basic math skills; calculate interest and balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; count currency, coin and negotiable instruments in a timely manner.
• Effective oral, written and interpersonal communication skills with the ability to apply common sense to carry out instructions, interpret documents, understand procedures, write reports and correspondence, speak clearly to customers and employees.
• Ability to deal with difficult problems involving multiple facets and variables in non-standardized situations.
• Effective organizational and time management skills.
• Ability to work with minimal supervision while performing duties.
• Current California driver’s license and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties and responsibilities.

The incumbent must be able to perform this position safely, without endangering the health or safety to himself or herself or others.

This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments.

All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills aptitudes and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills or abilities.