South Shore Bank
AML/BSA Analyst I
at
South Shore Bank
SUMMARY The BSA Analyst I assists in the implementation and administration of fundamental department functions which are critical to the Bank’s compliance with the Bank Secrecy Act, USA Patriot Act, Anti-Money Laundering Program, OFAC, and Customer Identification Program regulations. Assists the BSA Officer in establishing controls to mitigate emerging compliance risks and ensuring department activities run smoothly and efficiently.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Maintain current knowledge of all federal and state laws, regulations, and the Bank’s policies.
Maintain current knowledge of the BSA and all related anti-money laundering and OFAC regulations.
Perform daily review, monitoring, and analysis of reports, logs, and transaction data to identify trends, unusual activity, and monitor large currency activity.
Assist in the completion of Enhanced Due Diligence reviews and investigations.
Assist in the administration of the automated BSA/AML system, research and resolve alerts, and conduct investigations within the system.
Assist in the preparation and submission of Currency Transaction Reports (CTRs) within required timeframes.
Assist in monitoring account activity for suspicious patterns, conduct SAR investigations, high‑risk customer/account reviews, and recommend SAR filings.
Assist in completing SAR reports with detailed narratives.
Assist in processing and tracking electronically filed SARs and CTRs.
Review and file all Monetary Instrument Logs received from retail branches.
Review daily Nautilus ACH reports for high‑risk activities.
Review and sign‑off on OFAC exceptions and false‑positive reports.
Perform additional duties as requested.
Complete all internal Bank training as required.
Adhere to the Bank’s privacy and data‑security policies.
Embrace and enhance the Bank culture.
QUALIFICATIONS Education and/or Experience
Minimum of three (3) years of general banking and compliance experience, including knowledge of banking rules and regulations.
Excellent computer and software skills, including MS Word, Excel, PowerPoint, Access.
Experience with Verafin preferred.
Language Skills Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write business correspondence and procedure manuals. Ability to present information and respond to questions from managers, clients, and customers.
Mathematical Skills Basic algebra and geometry; ability to calculate figures.
Reasoning Ability Define problems, collect data, establish facts, draw conclusions, interpret technical instructions.
Physical Demands Representative of those needed to perform essential functions. Reasonable accommodations may be made.
Work Environment Representative of the environment encountered while performing essential functions. Reasonable accommodations may be made.
EQUAL OPPORTUNITY EMPLOYER Charlesbridge is committed to providing equal opportunity for all employees and applicants without regard to race, color, religion, gender, sexual orientation, age, marital status, national origin, disability, veteran status, gender identity, or expression, citizenship, genetic information, military status, pregnancy, childbirth, and related medical conditions protected by law.
PAY RANGE DISCLOSURE The pay range for this position is $58,892.00 to $75,940.00 per year.
#J-18808-Ljbffr
at
South Shore Bank
SUMMARY The BSA Analyst I assists in the implementation and administration of fundamental department functions which are critical to the Bank’s compliance with the Bank Secrecy Act, USA Patriot Act, Anti-Money Laundering Program, OFAC, and Customer Identification Program regulations. Assists the BSA Officer in establishing controls to mitigate emerging compliance risks and ensuring department activities run smoothly and efficiently.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Maintain current knowledge of all federal and state laws, regulations, and the Bank’s policies.
Maintain current knowledge of the BSA and all related anti-money laundering and OFAC regulations.
Perform daily review, monitoring, and analysis of reports, logs, and transaction data to identify trends, unusual activity, and monitor large currency activity.
Assist in the completion of Enhanced Due Diligence reviews and investigations.
Assist in the administration of the automated BSA/AML system, research and resolve alerts, and conduct investigations within the system.
Assist in the preparation and submission of Currency Transaction Reports (CTRs) within required timeframes.
Assist in monitoring account activity for suspicious patterns, conduct SAR investigations, high‑risk customer/account reviews, and recommend SAR filings.
Assist in completing SAR reports with detailed narratives.
Assist in processing and tracking electronically filed SARs and CTRs.
Review and file all Monetary Instrument Logs received from retail branches.
Review daily Nautilus ACH reports for high‑risk activities.
Review and sign‑off on OFAC exceptions and false‑positive reports.
Perform additional duties as requested.
Complete all internal Bank training as required.
Adhere to the Bank’s privacy and data‑security policies.
Embrace and enhance the Bank culture.
QUALIFICATIONS Education and/or Experience
Minimum of three (3) years of general banking and compliance experience, including knowledge of banking rules and regulations.
Excellent computer and software skills, including MS Word, Excel, PowerPoint, Access.
Experience with Verafin preferred.
Language Skills Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write business correspondence and procedure manuals. Ability to present information and respond to questions from managers, clients, and customers.
Mathematical Skills Basic algebra and geometry; ability to calculate figures.
Reasoning Ability Define problems, collect data, establish facts, draw conclusions, interpret technical instructions.
Physical Demands Representative of those needed to perform essential functions. Reasonable accommodations may be made.
Work Environment Representative of the environment encountered while performing essential functions. Reasonable accommodations may be made.
EQUAL OPPORTUNITY EMPLOYER Charlesbridge is committed to providing equal opportunity for all employees and applicants without regard to race, color, religion, gender, sexual orientation, age, marital status, national origin, disability, veteran status, gender identity, or expression, citizenship, genetic information, military status, pregnancy, childbirth, and related medical conditions protected by law.
PAY RANGE DISCLOSURE The pay range for this position is $58,892.00 to $75,940.00 per year.
#J-18808-Ljbffr