Senior BSA/AML Alert Analyst

Regular Full-Time

BSA/AML

Buffalo, NY, US

Rochester, NY, US

Warsaw, NY, US

Salary Range: $65,000.00 To $75,000.00 Annually

Purpose : The Senior BSA/AML Alert Analyst is primarily responsible for conducting complex transaction monitoring alerts, OFAC reviews, and CTR reviews and filing. The Senior BSA/AML Alert Analyst will assist the BSA/AML Manager – Alerts in overseeing the execution of daily functions related to alerts, OFAC scans and CTRs. The Senior BSA/AML Alert Analyst serves as backup to the BSA/AML Manager – Alerts supporting various managerial responsibilities.

Essential Functions:

• Serve as a backup to the BSA/AML Manager – Alerts, supporting leadership and workflow coordination.

• Supports the Quality Control program ensuring correct disposition by BSA/AML Alert Analysts, proper OFAC scanning and appropriate CTR completion.

• Serve as a mentor and reference point for BSA/AML Alert Analysts; participate in knowledge-sharing roundtables and team discussions.

• Demonstrates the ability to make informed, effective decisions in complex situations by using critical thinking and analytical skills to evaluate data, assess risks, and choose the best course of action.

• Assists in the performance of testing regarding various BSA/AML functions to ensure that processes adhere to established guidelines.

• Supports the preparation of documentation for audits and regulatory examinations.

• Responsible for assisting in the generating of management reporting for Committees and Board of Directors.

• Reviews procedures and recommends enhancements to BSA/AML Manager – Alerts.

• Consistently demonstrate the Five Star Bank HEART values in all interactions with internal and external stakeholders, embodying teamwork, leadership, and service excellence. Incorporate the high-performance behaviors of teamwork, leading by example, and service in every facet of work.

Job Related Qualifications – Education and Prior Experience:

Required:

• Education: Bachelor’s Degree preferred

• Prior Experience: 4+ years BSA/AML or OFAC experience

• Licenses or Accreditation: CAMS, CAFP or other industry accreditation (preferred)

Competencies:

• Knowledge of and ability to learn BSA/AML & OFAC regulations and requirements

• Excellent verbal and written communication skills and ability to interact positively with a wide variety of individuals

• Excellent organizational skills with the ability to manage multiple priorities and meet established deadlines

• Ability to identify trends, interpret data and apply to workflows and compliance techniques and automation

• Possess a high level of attention to detail

• Ability to maintain a high degree of confidentiality

• Proficient with Microsoft applications with the ability to learn and utilize new and existing banking software applications; Ability to utilize the internet to conduct searches related to responsibilities

Physical Requirements:

• Able to regularly sit for prolonged periods of time.

• Extensive computer usage is required.

This job description is not exhaustive. The Senior BSA/AML Alert Analyst may be required to perform other duties as assigned.