BSA Fraud Analyst

First National Bank of America is seeking an analytical and detail oriented BSA Fraud Analyst to join the BSA team. This position performs various reviews and monitoring pertaining to the Bank Secrecy Act, USA Patriot Act, Anti-Money Laundering Program, OFAC, and Customer Identification Program to ensure the bank’s compliance efforts are maintained on a daily basis. The analyst performs detailed reviews of account activity, compares financial data, and ensures compliance with internal policies and regulatory standards. This role works closely with internal departments to support the onboarding and monitoring of accounts and loans while supporting the front line and mitigating risk. The ideal candidate will demonstrate sound and accurate judgement, confidentiality, adaptability and strong organization and time management.

Responsibilities: 

• Determines if transactions are suspicious in nature such as significant changes in balances, cash structuring in deposits, wire or ACH transfers, monetary instrument sales, new account openings, etc., and escalates them within the BSA Department


• Maintains current knowledge of the Bank Secrecy Act and all related anti-money laundering and OFAC regulations


• Perform daily, bi-weekly and monthly reviews, monitoring, and analysis of various reports, logs, and transaction data to identify trends, unusual activity, and to monitor large currency activity


• Conduct comprehensive daily and monthly reviews of client accounts using analytical tools to identify unusual or suspicious activity patterns and to ensure all transactions align with internal compliance frameworks and regulatory standards


• Prepares and submits Currency Transaction Reports (CTRs) within the required timeframe


• Continues to build proficiency of BSA techniques and AML principals by attending internal and external training

Qualifications:

• One year of banking, risk, compliance, or accounting experience with an emphasis in compliance or operations OR a bachelor’s degree in a business-related field


• Initiative to drive operational efficiency and accuracy


• Excellent oral and written communication skills


• Working knowledge of Jack Henry Core Banking Software and Verafin Fraud Monitoring Software


• Working knowledge of Microsoft Office Programs

Employee benefits

• Medical – Multiple plans to choose from including HSA and traditional. Premiums as low as $0.00


• Dental – Premiums as low as $0.00


• Vision – Low premium Plan


• Discounted childcare


• Pet Insurance


• Paid Time Off (PTO)


• 401k with employer match


• Adjustable desks that can be raised or lowered to sit or stand

At First National Bank of America, we are looking for exceptional individuals with a "servant's heart" or a natural humility that recognizes the importance of prioritizing others' needs. We celebrate and acknowledge efforts that exceed expectations, whether it's delivering added value to customers or supporting colleagues. Just as interest compounds over time, the little things we do can make a substantial difference.

First National Bank of America recognizes that the quality of our people is the foundation for our success. Attracting exceptional individuals who value a challenging work environment that rewards the contributions of its people is the cornerstone of our hiring philosophy.

Note: These statements are intended to describe the general nature and level of work involved for this job.  It is not an exhaustive list of all responsibilities, duties, and skills required for this job.

First National Bank of America uses E-Verify to confirm employment eligibility as per E-Verify guidelines.

First National Bank of America is an Equal Opportunity Employer.

#LI-Onsite