BSA Analyst - Fairfax, United States - The Freedom Bank of Virginia

The Freedom Bank of Virginia Fairfax, United States

3 weeks ago

Description

Job Type

Full-time

Description

The BSA/AML Analyst position focuses on identifying suspicious activity through automated and manual processes, risk rating of business customers, review of CTRs AND SARs prior to filing and the review of Enhanced Due Diligence Reviews.

The position is also responsible for the testing of procedures to ensure compliance with regulations and quality of work.

Essential Functions and responsibilities:
Review documentation for all new commercial accounts and risk rate accounts per the Bank's risk rating criteria.

Independently investigate alerts generated by the Bank's AML monitoring system and determine if the activity is reasonable or potentially suspicious.

Document the research performed clearly and concisely and elevate activity that may warrant a SAR filing.

Review and approve High-Risk Customer EDD reviews (Non-SAR).Develop SAR narrative, independently, when it is determined that an initial or continuing SAR will be filed.

Review CTRs and SARs prior to filing for accuracy, completeness, and concise, well-written SAR narrativeAs assigned, conduct extensive reviews on customers on which a Suspicious Activity Referral Form has been submitted by a branch or other Bank department.

Analyze various reports and data such as the wire logs, currency and IAT reports for suspicious activity, transaction patterns, high-risk countries, etc.

and perform appropriate investigationsPerform reviews and testing of various procedures and responsibilities, including CTRs, CIP exceptions, OFAC verifications, Red flags for all departments and IATs, to ensure accuracy and compliance with BSA/OFAC regulations.

Perform transaction testing of accounts risk-rated low and medium.
Perform transaction update reviews.
Assist all business units with BSA/AML OFAC related issues.
Escalate all activity identified as potentially suspicious to the BSA Officer for a SAR filing determination.

Assist BSA Officer in responding to findings and recommendations from the various initiatives and implementation of Program enhancements, new procedures, etc.

Attend required training and completed it within the required timeline.
Perform other duties as required.

Requirements

High School Diploma or equivalent3 years of general banking experienceExperience with AML monitoring systemsWindows and Excel proficiencyA high degree of analytical skillsAbility to work well independently and with othersAbility to take initiative to identify enhancements to BSA processes and execute next steps in conjunction with BSA Officer/Compliance Officer and/or BSA TeamA high degree of accuracy and attention to detailStrong follow-through skillsStrong communications skills, written and verbalOrganizational and time management skillsStrong knowledge of bank services and products

#J-18808-Ljbffr

BSA/AML Analyst

6 days ago

Sandy Spring Bancorp Reston, United States

About Us: · Are you someone who seeks opportunity and has a true desire to grow your career with an organization that has enriched the lives of its clients and communities in the Greater Washington region for more than 150 years? If so, Sandy Spring Bank may be the perfect fit f ...
AML/BSA Analyst

3 weeks ago

Eagle Bancorp Inc Potomac, United States

Overview · We are a values driven organization putting Relationships FIRST. EagleBank (NASDAQ - EGBN) is focused on being Flexible, Involved, Responsive, Strong, and Trusted. By prioritizing meaningful connections with our customers, employees, and shareholders, we relentlessly ...
AML/BSA Analyst

1 week ago

EagleBank Potomac, United States

Overview: · We are a values driven organization putting Relationships FIRST. EagleBank (NASDAQ EGBN) is focused on being Flexible, Involved, Responsive, Strong, and Trusted. By prioritizing meaningful connections with our customers, employees, and shareholders, we relentlessly d ...
AML/BSA Analyst

3 weeks ago

Eagle Bancorp Inc Rockville, United States

Overview · We are a values driven organization putting · Relationships FIRST . EagleBank (NASDAQ - EGBN) is focused on being · Flexible, Involved, Responsive, Strong , and · Trusted . By prioritizing meaningful connections with our customers, employees, and shareholders, we r ...
AML/BSA Analyst

2 weeks ago

EagleBank Potomac, United States

Overview: · We are a values driven organization putting · Relationships FIRST · . EagleBank (NASDAQ · EGBN) is focused on being · Flexible, Involved, Responsive, Strong · , and · Trusted · . By prioritizing meaningful connections with our customers, employees, and sharehol ...
Compliance Analyst

3 weeks ago

Northwest Federal Credit Union Herndon, United States

Overview · The Compliance Analyst is responsible for compliance functions of the credit union, including policy, legislative and regulatory affairs, and serves as liaison with legal counsel and trade associations regarding regulatory matters. This role serves as a subject matter ...
Compliance Analyst

1 week ago

Northwest FCU Herndon, United States

Overview: · The Compliance Analyst is responsible for compliance functions of the credit union, including policy, legislative and regulatory affairs, and serves as liaison with legal counsel and trade associations regarding regulatory matters. This role serves as a subject matte ...
Investigative Analyst

1 week ago

Department Of The Treasury Vienna, United States

Duties · WHAT IS THE CRIMINAL INVESTIGATION (CI) DIVISION? · A description of the business units can be found at: · Vacancies will be filled in the following specialty areas: Throughout Criminal Investigation's Headquarters' areas. · The following are the duties of this posi ...
Intelligence Targeting Analyst CI2 ISA-II B

1 day ago

KACE Chantilly, United States

TITLE: INTELLIGENCE TARGETING ANALYST CI2 ISA II-B · LOCATION: USPIS - CHANTILLY, VA · SECURITY CLEARANCE: ACTIVE SECRET/TOP SECRET · About KACE: · When you make the decision to join KACE, you are choosing to work alongside talented professionals that have one thing in comm ...
US-MD-Rockville

3 weeks ago

EagleBank Rockville, United States

We are a values driven organization putting Relationships FIRST. EagleBank (NASDAQ – EGBN) is focused on being Flexible, Involved, Responsive, Strong, and Trusted. By prioritizing meaningful connections with our customers, employees, and shareholders, we relentlessly deliver the ...
Senior Fraud Analyst

3 weeks ago

MDDC Credit Union Association Rockville, United States

Welcome to Lafayette Federal Credit Union Careers Our organization is growing, and we are seeking top-notch individuals to provide support to our members.Our employees are a critical component in our endeavor to be the premier financial partner for every one of our members.Do you ...
Senior Business Systems Analyst

2 days ago

General Dynamics Information Technology Washington, United States Full time

|| THIS POSITION IS CURRENTLY BEING PIPELINED IN PREPARATION FOR THE ANTICIPATED DEMAND FOR CANDIDATES || · Seize your opportunity to make a personal impact as a Senior Business Systems Analyst supporting the United States Postal Service. GDIT is your place to make meaningful co ...
Strategic Sourcing Analyst

4 weeks ago

System One Vienna, United States

Job Title: · Strategic Sourcing Analyst · Location: Hybrid Work Model Reporting to Vienna, VA · Pay Rate: Open to Both C2C and W2 options · Position Type: Multiyear Contract · Basic Purpose: · Responsible for leading the RFx development, negotiation, and source selection proces ...
Business Analyst

3 weeks ago

Providge Consulting Washington, United States

Job Description · Job DescriptionSalary: · Job Title: Business Systems Analyst · Client Industry: Information Technology in Healthcare · Location: Currently remote. · Job Status: Full-time (40 hours per week). · Position Summary: · Our client is looking for a Business Systems A ...
Trainer Senior BSA

3 weeks ago

Serigor Inc. Washington, United States

Job Description · Job DescriptionJob Title: Trainer Senior BSA (Hybrid) · Location: Washington, DC · Duration: 12 Months+ · Job Description: · BA/Trainer, you'll be responsible for maintaining business process flow diagrams, learning new application, developing training material ...
Trainer Senior BSA

5 days ago

AHU Technologies Inc Washington, United States

Job Description · Job DescriptionTITLE: Trainer Senior BSA · LOCATION: Washington, DC/ Hybrid · MINIMUM EDUCATION: Bachelors degree in IT, related field, or equivalent experience. · REQUIRED EXPERIENCE: 12 years · INTERVIEWS: Webcam Only · Job Description: · BA/Trainer, you'll ...
Sr Business System Analyst

3 weeks ago

American Pharmacists Assoc Washington, United States

Job Description · Job DescriptionSenior Business System Analyst · Washington, D.C. · The American Pharmacists Association is the largest association representing pharmacists in all practice settings in the United States and is the only organization advancing the entire pharmacy p ...
Intelligence Targeting Analyst Ci2 Isa-ii B

4 days ago

KACE Chantilly, United States

TITLE: INTELLIGENCE TARGETING ANALYST CI2 ISA II-B · LOCATION: USPIS - CHANTILLY, VA · SECURITY CLEARANCE: ACTIVE SECRET/TOP SECRET · About KACE: · - When you make the decision to join KACE, you are choosing to work alongside talented professionals that have one thing in common; ...
Senior Fraud Analyst

1 month ago

Lafayette Federal Credit Union Rockville, United States Full time

Welcome to Lafayette Federal Credit Union Careers Our organization is growing, and we are seeking top-notch individuals to provide support to our members. · Our employees are a critical component in our endeavor to be the premier financial partner for every one of our members. D ...
Job Opportunity- Trainer Senior BSA

3 weeks ago

Instant Serve LLC Washington, United States

Job Description · Job DescriptionJob Title: Trainer Senior BSA · Location: 200 I St SE Washington,DC 20003 · Duration: 12 Months · Job Description: · BA/Trainer, you'll be responsible for maintaining business process flow diagrams, learning new application, developing training ma ...