BSA Analyst II at Ocean Bank

Miami, Florida, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Jun, 26

Salary

0.0

Posted On

05 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Customer Reviews, Transaction Reviews, Research, SAR Filing, KYC Deficiencies, RFI Issuance, Case Documentation, Investigative Practices, Compliance Practices, Mentoring, Time Management, Analytical Skills, Organizational Skills, Interpersonal Skills, Verbal Communication, Written Communication

Industry

Banking

Description

Overview The BSA Analyst II is responsible for identifying, investigating, and documenting potentially suspicious financial activity to ensure compliance with Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and regulatory requirements. This role analyzes alerts generated by AML monitoring systems, CARFs, and 314(b) requests, as well as activity identified through manual reviews. This position in addition assists with special projects related to transaction monitoring, as directed by the Head of BSA or designee. Responsibilities Key Responsibilities: Conduct in-depth customer and transaction reviews using internal banking systems, public and internet-based research, and collaborate with internal stakeholders to determine whether account activity is consistent with expected customer behavior. Based on investigative findings, recommend appropriate actions to BSA Management, including the preparation and filing of Suspicious Activity Reports (SARs) with FinCEN. Perform ongoing monitoring of accounts with previously filed SARs, ensuring continued surveillance of unusual patterns or trends. Partner with account officers to address KYC deficiencies, issue Requests for Information (RFIs), and maintain comprehensive case documentation. Support strong investigative and compliance practices across the team. Mentor and guide the BSA Analyst I team. Qualifications Education/Experience: Requirements Bachelor's Degree in Business Administration, Criminal Justice, or Finance. 3+ years of BSA/AML Analyst experience in the banking industry. Working knowledge of BSA monitoring software required. Combination of education and experience will be considered. Skills & Competencies Must be comfortable in shifting priorities. Must have thorough understanding of general banking principles; thorough knowledge of federal regulations affecting AML, BSA and OFAC. Must be able to work under tight deadlines and meet deadlines. Must have good project and time management skills. High quality service advocacy. Must possess strong analytical, organizational, interpersonal, verbal and written communication skills. Computer proficient in MS Office Software (e.g. Excel, Word, and Outlook). Preferences None Licenses/Certifications Certified Anti-Money Laundering Specialist (CAMS) and/or other professional BSA/AML related certifications. Job Posting Locations In this role you can work remote from Miami, Florida, United States

Responsibilities

The BSA Analyst II is tasked with identifying, investigating, and documenting potentially suspicious financial activity to ensure compliance with BSA, AML, and regulatory requirements. This includes analyzing system alerts, conducting customer reviews, recommending actions like SAR filing, and performing ongoing monitoring of previously flagged accounts.