Job Description

Purpose : The Senior BSA/AML Alert Analyst is primarily responsible for conducting complex transaction monitoring alerts, OFAC reviews, and CTR reviews and filing. The Senior BSA/AML Alert Analyst will assist the BSA/AML Manager – Alerts in overseeing the execution of daily functions related to alerts, OFAC scans and CTRs. The Senior BSA/AML Alert Analyst serves as backup to the BSA/AML Manager – Alerts supporting various managerial responsibilities.

Essential Functions :

• Serve as a backup to the BSA/AML Manager – Alerts, supporting leadership and workflow coordination.
• Supports the Quality Control program ensuring correct disposition by BSA/AML Alert Analysts, proper OFAC scanning and appropriate CTR completion.
• Serve as a mentor and reference point for BSA/AML Alert Analysts; participate in knowledge-sharing roundtables and team discussions.
• Demonstrates the ability to make informed, effective decisions in complex situations by using critical thinking and analytical skills to evaluate data, assess risks, and choose the best course of action.
• Assists in the performance of testing regarding various BSA/AML functions to ensure that processes adhere to established guidelines.
• Supports the preparation of documentation for audits and regulatory examinations.
• Responsible for assisting in the generating of management reporting for Committees and Board of Directors.
• Reviews procedures and recommends enhancements to BSA/AML Manager – Alerts.
• Consistently demonstrate the Five Star Bank HEART values in all interactions with internal and external stakeholders, embodying teamwork, leadership, and service excellence. Incorporate the high-performance behaviors of teamwork, leading by example, and service in every facet of work.

Job Related Qualifications – Education and Prior Experience :

Required:

• Education: Bachelor’s Degree preferred
• Prior Experience: 4+ years BSA/AML or OFAC experience
• Licenses or Accreditation : CAMS, CAFP or other industry accreditation (preferred)

Competencies :

• Knowledge of and ability to learn BSA/AML & OFAC regulations and requirements
• Excellent verbal and written communication skills and ability to interact positively with a wide variety of individuals
• Excellent organizational skills with the ability to manage multiple priorities and meet established deadlines
• Ability to identify trends, interpret data and apply to workflows and compliance techniques and automation
• Possess a high level of attention to detail
• Ability to maintain a high degree of confidentiality

• Proficient with Microsoft applications with the ability to learn and utilize new and existing banking software applications; Ability to utilize the internet to conduct searches related to responsibilities

Physical Requirements :

• Able to regularly sit for prolonged periods of time.
• Extensive computer usage is required.

This job description is not exhaustive. The Senior BSA/AML Alert Analyst may be required to perform other duties as assigned.

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