Boulo Solutions has a client in Birmingham, AL in the commercial banking space that is looking to hire a remote BSA Analyst (must live within 1.5hours of Birmingham, AL).If you have experience in a BSA/AML or similar compliance role within a financial institution and want to work remotely with a great culture with supportive team, we want to talk to you!
Employment Type: Full-Time
Flexibility: 8-5 schedule remote job, with training and occasional meetings in the Homewood office.
Pay: $70-90k based on experience
Benefits: 20 PTO days plus bank holidays, 401K with 4% match, 60% of health insurance paid by company.
The BSA Analyst is responsible for supporting the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program for a growing community bank approaching $1B in assets. This role ensures compliance with federal regulations related to anti-money laundering (AML), customer due diligence, and suspicious activity reporting. The BSA Analyst will collaborate closely with the Chief Compliance Officer to develop, maintain, and enhance the bank's BSA/AML program, policies, and procedures.
Key Responsibilities
Assist in the ongoing monitoring of the bank's BSA/AML program to ensure compliance with applicable federal laws and regulations.
Conduct thorough reviews of transaction reports, including Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs), ensuring accurate and timely filing with regulatory agencies.
Perform Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) reviews to identify and assess potential risks.
Investigate unusual or suspicious account activity by gathering relevant data and preparing detailed reports for submission to the CCO.
Support the implementation and maintenance of the bank's automated monitoring system and recommend system enhancements for improved compliance.
Collaborate with internal stakeholders to conduct BSA/AML risk assessments and recommend appropriate mitigation strategies.
Assist in the development and delivery of BSA/AML training programs for bank employees.
Maintain accurate and complete records related to BSA/AML compliance activities and support regulatory examinations or audits as needed.
Monitor and track regulatory changes affecting the BSA/AML landscape, advising the CCO on necessary updates to policies and procedures.
Assist in addressing internal or external audit findings and ensure timely resolution of any identified BSA/AML issues.
Qualifications:
Minimum of 2-3 years of experience in a BSA/AML or similar compliance role within a financial institution.
Bachelor's degree in Finance, Business, or a related field preferred.
Strong understanding of BSA/AML regulations, including CTRs, SARs, and OFAC requirements.
Experience with AML software and automated monitoring systems.
Certified Anti-Money Laundering Specialist (CAMS) certification or similar is a plus.
Strong analytical and problem-solving skills with high attention to detail.
Excellent written and verbal communication skills.
Ability to work both independently and collaboratively with cross-functional teams.
About Boulo: Don't let your job search end here. Boulo is a recruiting platform that goes beyond titles and timelines. We help experienced, knowledgeable professionals stand out to hiring managers by showcasing value through a skills-first approach. If you're tired of being overlooked on other job boards and seeking a new opportunity, join Boulo here: https://boulosolutions.com/