Bank Secrecy Act/AML Analyst (In Person/Hybrid Potential)

Job Description

Job Description

About Us: 

TBO Bank serves its customers from our hometown location in Orrick, Missouri as well as our newest location in Prairie Village, Kansas. We’ve taken pride in building banking relationships that have spanned decades. Now we’re bringing “the feel” of hometown banking to a broader landscape. Our mission: to connect and empower in a way that is human, relatable and real. As we expand the reach of our relationships, you can feel secure working for a bank that just gets it.

Position Summary/Objective

TBO Bank is seeking an experienced analyst to support the various BSA, AML, and OFAC functions across the bank. Under general supervision, this role will perform a broad range of functions related to the bank’s BSA/AML program while following established policies and procedures and maintaining knowledge of the rules and regulations governing the bank including the Bank Secrecy Act (BSA). The main purpose of this role is to provide day-to-day support, review, analysis, and reporting with respect to BSA/AML activity tied to bank operations. Additionally, this role will assist and educate employees on BSA/AML matters, collaborate across business lines to identify BSA/AML related gaps in operation, and support BSA/AML leadership during regulatory examinations.

Essential Functions

· Review daily/weekly/monthly reporting associated with transaction activity, kiting suspects, cash aggregation, etc.

· Assist with system alerts, and the monitoring for suspicious patterns/activity and fraud on customer accounts.

· Complete suspicious activity report investigations, as well as high-risk customer and account reviews.

· Conduct enhanced due diligence reviews including research, gathering of supporting documentation, writing narratives, as well as giving recommendations on customer relationships.

· Assist in the preparation and filing of Currency Transaction Reports (CTRs) within the regulatory guidelines and requirements.

· Conduct new account reviews to ensure compliance with all Customer Identification Program (CIP) requirements.

· Assist in ongoing monitoring of Bank customers against OFAC watchlists and FinCEN 314(a) lists, including the research and disposition of potential matches

· Perform regular internal testing and audits across the bank’s BSA and operational functions, to help ensure adherence to internal policy and regulatory requirements.

· Conduct regulatory research and assist with interpretation of financial protection requirements and laws applicable to BSA/AML matters.

· Align goals with department objectives and bank strategy.

Experience & Qualifications

· Minimum (3) or more years of experience in a bank or other financial institution, specifically in a BSA/AML function.

· Experience with third-party risk, operational risk, and/or banking products risk.

· Bachelor’s degree in Business, Accounting, Finance or related field preferred.

· Strong analytical, communication, and interpersonal skills.

· Proficient in Microsoft Office software.

Physical Requirements**

· Ability to sit or stand for extended periods while working at a desk or computer.

· Must be able to use a computer and other office equipment (e.g., phone, printer).

· Ability to communicate effectively in person, via phone, and through written correspondence.

· Ability to concentrate and focus on tasks for extended periods in a fast-paced environment.

*TBO Bank is proud to have an inclusive culture committed to ensuring equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.