REMOTE (Must live in AL) | FULL-TIME
Boulo Solutions has a client in Birmingham, AL in the commercial banking space that is looking to hire a remote BSA Analyst (must live within 1.5hours of Birmingham, AL).If you have experience in a BSA/AML or similar compliance role within a financial institution and want to work remotely with a great culture with supportive team, we want to talk to you!
Employment Type: Full-Time
Flexibility: 8-5 schedule remote job, with training and occasional meetings in the Homewood office.
Pay: $70-90k based on experience
Benefits: 20 PTO days plus bank holidays, 401K with 4% match, 60% of health insurance paid by company.
The BSA Analyst is responsible for supporting the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program for a growing community bank approaching $1B in assets. This role ensures compliance with federal regulations related to anti-money laundering (AML), customer due diligence, and suspicious activity reporting. The BSA Analyst will collaborate closely with the Chief Compliance Officer to develop, maintain, and enhance the bank's BSA/AML program, policies, and procedures.
Key Responsibilities
- Assist in the ongoing monitoring of the bank's BSA/AML program to ensure compliance with applicable federal laws and regulations.
- Conduct thorough reviews of transaction reports, including Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs), ensuring accurate and timely filing with regulatory agencies.
- Perform Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) reviews to identify and assess potential risks.
- Investigate unusual or suspicious account activity by gathering relevant data and preparing detailed reports for submission to the CCO.
- Support the implementation and maintenance of the bank’s automated monitoring system and recommend system enhancements for improved compliance.
- Collaborate with internal stakeholders to conduct BSA/AML risk assessments and recommend appropriate mitigation strategies.
- Assist in the development and delivery of BSA/AML training programs for bank employees.
- Maintain accurate and complete records related to BSA/AML compliance activities and support regulatory examinations or audits as needed.
- Monitor and track regulatory changes affecting the BSA/AML landscape, advising the CCO on necessary updates to policies and procedures.
- Assist in addressing internal or external audit findings and ensure timely resolution of any identified BSA/AML issues.
Qualifications:
- Minimum of 2-3 years of experience in a BSA/AML or similar compliance role within a financial institution.
- Bachelor’s degree in Finance, Business, or a related field preferred.
- Strong understanding of BSA/AML regulations, including CTRs, SARs, and OFAC requirements.
- Experience with AML software and automated monitoring systems.
- Certified Anti-Money Laundering Specialist (CAMS) certification or similar is a plus.
- Strong analytical and problem-solving skills with high attention to detail.
- Excellent written and verbal communication skills.
- Ability to work both independently and collaboratively with cross-functional teams.
About Boulo: Don’t let your job search end here. Boulo is a recruiting platform that goes beyond titles and timelines. We help experienced, knowledgeable professionals stand out to hiring managers by showcasing value through a skills-first approach. If you’re tired of being overlooked on other job boards and seeking a new opportunity, join Boulo here: https://boulosolutions.com/
