AML Analyst

Join to apply for the BSA Analyst role at Monet Bank Join to apply for the BSA Analyst role at Monet Bank Get AI-powered advice on this job and more exclusive features. Monet Bank is pioneering the future of banking and money movement—faster, cheaper, and crypto-native. The passage of the Genius Act has enabled a future we want to explore where interchange fees and inefficient payment rails may be replaced with a modern, programmable alternative powered by stablecoins. At our core, we believe Monet Bank is the essential bridge between crypto and traditional finance (TradFi). As a profitable, well-capitalized Texas state, FDIC-insured bank, Monet sees the fundamental inefficiency of the 2-3% card network payments and seeks to build a strong team to understand and pursue the future of money and banking. See our open positions below if you want to work on the new frontier of banking projects like a stablecoin-based payment that would empower merchants to reclaim margins, Fintechs to operate cross-border at scale, and tech giants to embed crypto into their platforms without friction. Summary: Monet Bank (operating under the Beal Bank Texas charter) is seeking a BSA Analyst. The ideal candidate will be knowledgeable in BSA matters across an array of federal and state regulations related to bank safety and soundness and conduct of business, including consumer protection. Responsibilities will include day-to-day Bank Secrecy Act/Anti-Money Laundering compliance, including the bank's compliance with Know Your Customer (KYC) standards, Customer Identification programs (CIP), Customer Due Diligence (CDD) processes and Suspicious Activity Reporting (SARs) as well as gathering data and managing reports for BSA/AML audits and examinations. They will also help in preparations for regulatory examinations and inspections, including responding to informational requests during on-site regulatory reviews. Beyond gathering and organizing data and providing input to ensure compliance with laws, regulations and internal policies, they will also assist with administering the Banks' internal audit program. This is an on-site (non-remote) position based at our Plano, TX headquarters location. Essential Duties and Responsibilities (including but not limited to): Daily review of BSA reports and large cash transaction reports, kiting suspects, etc., for the purpose of detecting suspicious activity Daily review and submission of CTRs and perform annual review of CTR exempt customers Create, review and submit SARs and document SARs considered but not filed Daily track, review and archive CIPs and Beneficial Ownership documentation Daily designate risk-rating on new accounts and perform quarterly reviews of high-risk account statements Assist with annual policy and performance review for Board approval Participate in BSA training on an ongoing basis Create 314(a) list reviews and responses; maintain and audit the review tracking log Gather information for audits and exams and assist throughout the process; respond to findings Organize and maintain computer documentation of the above and retain according to retention schedules Make recommendations to supervisor about methods to improve BSA processes Identify potential areas of compliance vulnerability and risk and help devise appropriate controls and other mitigation Provide reports regarding their activities for the Bank's senior management and Board of Directors Undertake continuous learning and self-study to stay abreast of changing regulations and emerging issues All other duties assigned by Manager Qualifications (Education, Computer Skills, Certifications, Etc.): Minimum of five to seven years of experience in compliance as a BSA Analyst or BSA Assistant; Digital Wallet experience also preferred Bachelor's degree strongly preferred, particularly in business, finance or related field Industry certifications (CRCM, ACAMS) preferred or relevant work experience to sit for certification exams Knowledge of banking regulations Organizational and strong multi-tasking skills Strong communication, both verbal and written Ability to maintain a high degree of confidentiality Benefits options include: Medical, dental and vision coverage 401K with company match 10 paid holidays Accrue up to 17 vacation/sick days per year in your first year on a pro rata basis Applicant may be eligible for annual discretionary bonus No relocation assistance provided. If you are looking to be a part of a winning team and meet the above requirements, we look forward to hearing from you. Monet Bank and their affiliates are Equal Opportunity Employers. Monet Bank and their affiliates do not discriminate against any candidate or employee on the basis of race, national origin, color, genetics, sex, marital status, sexual orientation, gender identity, age, disability, pregnancy, religion or religious affiliation, veteran or service member status, or any other characteristic protected by federal, state or local laws. All applicants have rights under federal employment laws. To view your rights and government notices on the Family Medical Leave Act (FMLA), the Equal Employment Opportunity (EEO) and the Employee Polygraph Projection Act (EPPA), please see the following Department of Labor links: FMLA EEO EPPA Notice to California Residents: Monet Bank and their affiliates may collect personal information about you as part of the job application or employment process. Please see the California Privacy Rights Act Policies at CPRA Policy , CPRA Policy | CLMG Corp , CPRA | CSG Investments CPRA Policy | for details. Seniority level Seniority level Mid-Senior level Employment type Employment type Full-time Job function Job function Finance Industries Banking Referrals increase your chances of interviewing at Monet Bank by 2x Sign in to set job alerts for “Business Analyst” roles. 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