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Carver Federal Savings Bank · 1 month ago

BSA Analyst

New York, NY

Full-time

Onsite

Mid Level

3+ years exp

Carver Federal Savings Bank is a federally chartered institution aimed at serving middle income and underserved communities in New York City. They are seeking a BSA/AML Analyst I to assist the BSA Officer in maintaining compliance with BSA, AML, and OFAC regulations, by reviewing customer transactions and preparing necessary reports.

BankingFinanceFinancial ServicesVenture CapitalWealth Management

Responsibilities

Review alerts generated by the monitoring system concerning customer transactions for unusual or suspicious activity and when needed prepare SAR draft for approval and filing

Perform OFAC alerts review that are generated by the internal system; conduct 314(a) searches in compliance with the Information Sharing requirements of the USA PATRIOT Act

Periodically scan Carver’s customer database against the OFAC list by using Fiserv - Navigator

Review and investigate referrals received by the Bank departments

Support Carver branch network by guiding potential OFAC “hits.”

Support branch function with regards to the review of the monetary instrument log

Review and prepare Currency Transaction Reports (“CTRs”)

Conduct periodic reviews of high-risk accounts and customers (EDD reviews)

Assist the BSA/AML Officer for daily operations

Present or assist in presenting BSA and OFAC training materials to other Bank employees, such as New Hire Orientation

Prepare specialized reports using Microsoft Excel and our BSA Department Software, known as Fiserv-Navigator

Qualification

BSA/AML complianceOFAC regulationsFiserv - NavigatorACAMS certificationMicrosoft ExcelAnalytical skillsCommunicationOrganizational skillsTime managementDetail-oriented

Required

Be familiar with 'Red Flags' for identifying unusual/suspicious activity

Utilize internal and external resources to research the customer and account action under review to arrive at a preliminary determination on the nature of the activity

Must be able to interact with management with ease

Must be comfortable at giving a presentation

Knowledge of banking such as KYC for consumer and business banking customers

Maintain knowledge of new laws and regulations related to BSA/AML, and OFAC promulgated by the Federal Authorities

Excellent writing and verbal communications skills

Good organizational and time management skills

Interest, Motivation, and Commitment to the subject matter

Use BSA Department system (Fiserv - AML Manager)

Use Microsoft Word and Excel

Research checks and deposited items using Fiserv - Navigator

Research wires

Conduct internet research

Take and save screenshots

Navigate a hard drive

Working knowledge of the principles and procedures related to AML, BSA, OFAC regulations and the USA Patriot Act requirements

Ability to read, analyze and interpret regulatory requirements

Must be self-motivated and able to function with minimal supervision, and flexible enough to work within a team environment or independently as required

Ability to define problems, collect data, establish facts, and individually draw valid conclusions

Detailed oriented with strong technical and analytical skills, and an ability to multi-task and handle deadlines

Minimum of 3 years of experience working in Compliance, Banking or Financial Services