Quaint Oak Bank is hiring an experienced Sr. BSA Analyst.
Join a growing organization that offers excellent opportunities for career growth, a team atmosphere, and a competitive benefits package!
Location: Remote.
Position Summary: Quaint Oak is strategically growing in size and complexity and looking for an experienced team member to play a vital role in expanding the company’s BSA foundation. This position has the primary responsibility to Support the BSA Officer in the development, implementation and maintenance of the Bank Secrecy Act (BSA) Program for the Bank and affiliates.

KEY SKILLS & COMPETENCIES:

• Strong knowledge of BSA/ AML compliance.
• Ability to handle multiple projects and deadlines at one time.
• Ability to interact with all levels of staff and management.
• Excellent Investigative skills.
• Strong interpersonal skills.
• Strong problem-solving skills.
• Effective communication skills, both verbal and written.
• Strong editorial skills in English composition, grammar, and proofreading.
• Willingness to work flexible hours.

EXPERIENCE & EDUCATION:

• Bachelor’s Degree or equivalent experience 3 to 5 years of banking BSA/AML/OFAC and/or Fintech experience.
• Experience in complex financial crime investigations.
• Computer experience with Microsoft Word, Excel and Adobe.
  Quaint Oak Bank and/or its subsidiaries is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, ancestry, citizenship status, age, sex, sexual orientation, gender identity, marital status, national origin, disability or veteran status. Quaint Oak Bank and/or its subsidiaries is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment. To request a reasonable accommodation, contact Rachel Schmahl at 610.798.6111 or rschmahl@quaintoak.com.

• Assist the BSA Officer with monitoring the Bank’s BSA program and ensuring adherence to BSA, Anti Money Laundering (AML), Customer Identification Program (CIP), Customer Due Diligence (CDD) and Office of Foreign Assets Control (OFAC) policies.
• Monitor and review account activity in identified alerts & cases, and with sufficient research, makes an assessment/recommendation on the proper course of action to management.
• Manage complex cases and review involving multiple relationship accounts and complex ownership structures.
• Complete department-specific projects and assignments as assigned by senior management.
• Assist in guidance and training of front-line banking staff regarding BSA matters.
• Review and verify that all CTRs are completed correctly and prepared for final approval and submission.
• Review and disposition daily OFAC suspects.
• Write Suspicious Activity Report (SAR) narrative and complete SAR form.