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American Savings Bank

BSA Regulatory Analyst

American Savings Bank, Honolulu, Hawaii, United States, 96814

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BSA Regulatory Analyst

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American Savings Bank .

The experience expected from applicants, as well as additional skills and qualifications needed for this job are listed below. Primary Purpose of Job:

Implements regulatory requirements of the Bank Secrecy Act, USA Patriot Act, Anti-Money Laundering Program, OFAC, and Customer Identification Program. Major Job Accountabilities: Evaluates risk criteria and identifies suspicious account activity. Determines if blocking or closing accounts is required, and whether criteria is satisfied for reporting to regulatory agencies within guidelines. Oversees the CTR program, including processing, inputting, and e-filing Currency Transaction Reports (CTR). Administers the CTR Exemption Program, including filings and annual reviews. Makes determinations regarding blocking or closing accounts and reporting to regulators within deadlines. Reviews transaction reports and makes disposition decisions. Prepares data analytical reports related to Customer Identification, Customer Due Diligence, and Enhanced Due Diligence Programs. Updates and maintains the BSA risk assessment annually. Performs gap analysis of activity and collects Customer Due Diligence information. Maintains customer information, including beneficial owners of legal entity customers. Provides guidance to business lines on compliance with laws, regulations, and policies. Completes all required job training. Experience Required: At least 1 year of experience in investigating BSA/AML suspicious activity, reviewing high-risk customers, and making SAR determinations. Experience in completing CTR cases, OFAC reviews, 314 requests, and data analysis. Ability to communicate effectively across organizational levels. Required Skills or Training: Strong organizational skills and adaptability. Effective communication skills, both written and oral. Ability to work independently and apply policies to achieve results. EOE, including disability/veterans. We celebrate diversity and are committed to accessibility. For assistance, contact 808-538-2000. Mahalo for your interest! Additional Details

Seniority level: Entry level Employment type: Full-time Job function: Business Development and Sales Industries: Banking

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