Shore United Bank is seeking a full-time BSA Analyst to join our team. This is a full-time, short-term assignment anticipated to run through December 2025. Upon completion, you’ll transition into a new role within Shore United Bank. Being a part of our BSA team is a great opportunity to gain experience, contribute meaningfully, and grow within the organization.
The BSA Analyst supports the BSA Officer by conducting quality control reviews and monitoring for suspicious activity to ensure compliance with the Bank Secrecy Act and USA PATRIOT Act. This full-time role involves researching, analyzing, and reporting transactions that may indicate potential structuring, money laundering, or terrorist financing. The analyst is responsible for identifying unusual account activity, escalating concerns to the BSA Officer in a timely and accurate manner, and monitoring daily alerts, Currency Transaction Reports (CTRs), and other relevant data. This position plays a vital role in maintaining the integrity of the bank’s compliance program and supporting ongoing investigations and reporting efforts.

REQUIRED EDUCATION AND EXPERIENCE:

• High school diploma/GED equivalent.
• 2 years’ experience in a banking role.
• 2 years’ experience with banking regulations and policies.

• Responsible for day-to-day monitoring and/or investigation of potentially suspicious activity.
• Maintains knowledge of BSA aspects of Compliance regulatory mandates, discretion of highly confidential information, and adherence to sensitive timeline.
• Document findings in concise, detailed, and accurate manner, consistent with policy procedure and enhanced due diligence.
• Reviews daily large currency transaction report and CTRs for accuracy. Performs research on suspicious activity.
• Assists in reviewing and researching any SAR referrals, as well as maintaining the documentation.
• Assists BSA Officer in ensuring all BSA/AML, OFAC, CIP policies and procedures are up to date and followed on a consistent basis.
• Review and research daily alerts in Verafin.
• Reviews CIP information/documentation that pertains to BSA for accuracy and completion.
• Assists in identifying and evaluating the bank’s risk area.
• Facilitates collection of audit materials required by BSA compliance co-sourced audit partners and regulatory examination groups and transfer materials to appropriate electronic portal.
• Review and collect account data for High Risk and exempt customers, to compare and analyze information from previous to current review periods.
• Maintains the highest level of confidentiality with all information obtained.
• Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the Bank’s compliance with all regulatory requirements, e.g., Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, SAFE Act, etc.; ensures that the office and all personnel adhere to the same.
• Participates in required training sessions, including training for compliance with BSA/AML policies and procedures.
  Location: La Plata Branch - 202 Centennial St, La Plata, MD 20646