Bsa/Aml Analyst Jobs

WHO WE ARE

City First Bank N.A. is a mission-driven Community Development Financial Institution (CDFI) principally focused on a transformative impact in underserved, urban markets with the highest needs to drive equitable economic development. Our lending activities are purely commercial and focused on the following segments: Multifamily Affordable Housing, Not-for-Profit Finance, and Small Business Finance. As a depository and commercial lending provider with over $1.2 billion in bank assets as of September 30, 2022, our unified organization has over 100 employees in Washington DC and Los Angeles/Inglewood, CA.

ROLE SUMMARY

The position of the BSA/AML Analyst is responsible for performing certain functions within the BSA Department. This position will require the employee to perform BSA administrative tasks for the bank to comply with the Bank Secrecy Act (BSA) programs monitoring and/or investigating all potential suspicious activities as they relate to BSA/AML guidelines and regulations. The BSA Analyst serves as support to the BSA Officer for executing and following up to ensure that the bank is administering all aspects of its Bank Secrecy Act Programs through accurate and timely creation and submission related to ongoing monitoring and investigation.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES

• Validate teller and deposit transactions within the BAM+.
• Review File maintenance reports (including DDA, SAV, COD, Change of Address and Stop Payments)
• Assist in the preparation and submission of all Currency Transaction Reports (CTRs) within the regulatory deadline of 15 days.
• Assist with the alert workload and the monitoring for suspicious patterns/activity and fraud, conduct suspicious activity report investigation, as well as high risk enhanced due diligence review.
• Assist in special projects as needed.
• Maintain current knowledge of the Bank Secrecy Act and all related AML/OFAC/CIP regulations.
• Review and ensure completeness and accuracy of new account documentation and quality control systems by completing new account checklists.
• Review OFAC suspect matches report monthly & Fincen314a Bi-weekly listings.
• Performs other related duties as assigned.
• Assist with gathering information for the Money Laundering Risk (MLR) reporting process
• Maintain CIP Exceptions Log and follow up with staff on account exceptions.
• Assists with New Account Consumer and Business risk profiles.

EDUCATION & EXPERIENCE

Required Education/Experience:

• 2+ years of similar or related experience, including analytical skills and compliance, anti-money laundering and Bank Secrecy compliance & knowledge in the financial services industry.
• High School diploma.

Preferred Education/Experience:

• 1 year experience in Bank Operations experience preferred
• 2-year College Degree in a related field or work-related experience.

CERTIFICATIONS

• N/a

KNOWLEDGE, SKILLS, AND ABILITIES

Required Knowledge & Skills:

• Proficient in Microsoft office including Outlook, Word, and Excel applications.
• Utilizing a BSA/AML automated system (Abrigo BAM+ preferred).
• Good analytical skills.
• Ability to complete tasks within established timeframe and meeting regulatory deadlines.
• Excellent written and communication skills.
• Proficiency in Horizon or similar banking related accounting software package
• Maintain professional attitude to both internal and external customers.