BSA/KYC Support Analyst

Job description

Overview The BSA/KYC Support Analyst is responsible for assisting the BSA Department with all BSA requirements necessary to achieve and maintain a satisfactory level of BSA compliance, safety, and soundness. This position provides direct support to the KYC and BSA areas. Responsibilities: - Examine Know Your Customer (KYC) forms for completeness and accuracy, ensuring profiles meet BSA policy standards. - Evaluate expected customer activity to confirm alignment with their business profile. - Conduct research on customers for adverse media using internet sources and compliance tools. - Identify and address KYC deficiencies, update profiles as needed and analyze unusual account activity flagged by AML systems or manual reviews. - Perform detailed research using internal systems and public sources to validate cases, including verification via World Check. - Compose Suspicious Activity Report (SAR), via the AML Monitoring software system, for management approval and prepare SAR files for distribution to FINCEN. - Monitor accounts, which related SAR’s have been filed but the account was not closed, within 90 days of SAR filing. - Recommend actions to BSA management based on findings and...