BSA Analyst

Description

Location : N. Ridge Rd | Wichita, KS

(On-site position; remote work is not available. Relocation assistance is not provided.)

At Legacy Bank, our BSA Analysts are more than compliance experts-they are stewards of our values and protectors of our community. This position performs various quality control reviews and monitoring pertaining to the Bank Secrecy Act, USA Patriot Act, Anti-Money Laundering Program, OFAC, and Customer Identification Program compliance using industry standards and regulatory guidance to ensure the financial institution's compliance efforts are maintained on a prioritized and scheduled basis. In every task, our BSA Analysts build strong relationships, demonstrate reliability, empower others, and act with kindness, all while upholding the legacy of trust and excellence that defines our organization.

Ready to create a lasting impact? If you are passionate about compliance and looking for an opportunity to make a difference in a supportive and values-driven environment, we empower you to apply today. Help carry forward a tradition of integrity and care while shaping a future of legacy - your work here matters in protecting the customers and communities we serve.

Major Duties & Responsibilities

• Monitor and investigate alerts generated by BSA / AML monitoring system to detect suspicious activity or patterns indicative of money laundering or terrorist financing; while distinguishing false positives from genuine suspicious activities.
• Review BSA-related data including but not limited to : reports, logs, and transaction data to identify trends and / or unusual activity to determine if any data / information is suspicious in nature.
• Review and file Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs) in accordance with FinCEN regulations. Utilize BSA / AML software to ensure timely and accurate submission of all required reports.
• Follow-up on any CIP, CDD, Beneficial Owner exceptions that come from newly opened accounts / customers. Work with branch managers to resolve exceptions. Utilizes internal / external resources to investigate and analyze potential fraud and money laundering. Conducts suspicious activities investigations.
• Participates in the development, maintenance and updating of all BSA / OFAC / AML policies, procedures and compliance as they relate to the BSA program, overseeing high risk areas such as : CIP, CDD, EDD and BO; as well as staying abreast of changes to federal and state banking laws and regulations.
• Assists during all periodic BSA / AML compliance reviews by gathering files, records, and other pertinent information for review by compliance auditors and examiners. Organize, analyze, and present data related to the Bank Secrecy Act, the USA PATRIOT Act, and the rules of OFAC, including CTR processing and SAR decisioning.
• Delivers and assists with BSA / AML training and continued education of staff and Board of Directors.
• Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.
• All employees are expected to actively promote Legacy Bank to existing and prospective customers in order to obtain and build the Bank's customer base and thereby enhance Legacy Bank's growth and profitability.
• Please note : This position is not remote and requires on-site presence

Requirements

Key Attributes for Success