Sr. BSA Analyst

San Diego, CA | Direct Hire

Post Date: 08/18/17 Job ID: 170602101-FS Industry or Function: Banking Compensation: $50,000 to $80,000

Responsible for the day-to-day operations of the Bank Secrecy Act/Anti-Money Laundering Compliance Program. Ensures the program functions at a high level of compliance with the BSA/AML related laws and regulations, internal policies and Federal regulatory expectations. The Sr. Bank Secrecy Act Analyst is required to be fully knowledgeable and skilled in all areas of BSA/AML compliance. The Sr. BSA Analyst will collaborate with the VP Compliance in developing, monitoring and implementing an effective institution-wide BSA/AML program. Serves as the OFAC Officer.

Job Duties

  1. BSA/AML/OFAC Compliance Program
    • Coordinates and oversees an effective Bank Secrecy Act/Anti-Money Laundering/OFAC Compliance Program that is in compliance with current industry best practices, regulatory guidance and requirements.
    • Monitors regulatory changes to recommend enhancements to the BSA/AML/OFAC/USA Patriot Act monitoring systems to ensure that appropriate parameters are in place to identify suspicious and/or fraudulent activity.
    • Under management’s direction, provides functional guidance over the daily activities of the Bank Secrecy Act Specialist. Provides training and direction to Compliance Department staff on BSA/AML related subjects.
    • In collaboration with the VP Compliance, establishes and maintains an effective CDD/EDD risk rating and monitoring program to include initial and ongoing assessments, and reviews and analyzes unusual account activity.
    • Establishes and maintains appropriate SAR investigation, reviews and reports processes that promote consistent decisions; adequate investigation and research; and completes detailed documentation.
    • Conducts BSA/AML/OFAC risk assessments at least annually with consideration to products, services, members, and geographies that may present BSA/AML/OFAC related risks.
    • Acts as a liaison/contact for examinations and internal and external independent reviews or audits of the BSA/AML/OFAC compliance programs. With the assistance of the VP Compliance responds to exam and audit concerns and oversees corrective action of all related compliance deficiencies or violations.
    • Updates and revises BSA/AML/OFAC policies and procedures and prepares monthly BSA statistics for the Board of Directors.
    • Administers BSA/AML/OFAC related training programs for directors, management, and employees and provides BSA guidance and coaching to employees.
    • Maintains BSA/AML related monitoring and reporting systems. Serves as subject matter expert in all systems related to BSA/AML activities.
    • Monitors and analyzes developing industry and compliance trends and changes to laws and regulations pertaining to BSA/AML/OFAC/USA Patriot Act. Advises stakeholders of emerging risks, new or amended laws, regulations, or agency guidance and recommends and implements changes and controls to mitigate those risks.
  2. BSA Monitoring and Filing
    • Ensures all required regulatory reporting is conducted in a timely, accurate, and compliant manner.
    • Reviews for accuracy and files Currency Transaction Reports (CTRs).
    • Ensures staff completes required CTRs by comparing system generated reports to CTRs submitted. Coordinates completion of missing reports with staff and management.
    • Reviews watch lists and watch list alerts. Analyzes possible matches and takes appropriate follow-up actions.
    • Reviews anti-money laundering alerts for suspicious activity. Performs additional research to determine if activity is suspicious.
    • Composes, reviews, and files Suspicious Activity Reports (SARs) and conducts follow-up reviews to determine if subsequent SAR filings are required.
    • Investigates staff reporting of possible suspicious behavior and files SARs as necessary.
    • Reviews 314(a) and 314(b) procedures and reporting


  • A minimum of three years of prior financial institution BSA compliance experience in developing and implementing BSA/AML/CIP/OFAC policies, programs and procedures.
  • General knowledge and understanding of bank deposit operations, lending activities, and other related consumer banking and compliance functions.
  • Strong interpersonal, communication (written and verbal), and organizational skills with the ability to work independently, as well as, collaboratively within a team environment.
  • Ability to interact effectively with all levels of management, legal counsel, law enforcement, regulators and examiners while maintaining strict confidentiality.
  • Strong decision making, analytical and investigative abilities with attention to detail and accuracy.
  • Microsoft Office Suite (including: PowerPoint and Project), Internet, and Symitar Publications.


Educational Requirements

  • Bachelor’s degree or equivalent is required. Two years of equivalent experience can substitute for every one year of education. BSA/AML Certification is required.


Michael Wilson
Director of Commercial Banking

I joined the TriStaff Group in November 2014 as the new Division Director of Banking when I relocated back to San Diego from Ontario, CA. I was hired to promote and expand the new Banking Division at TriStaff Group. Before joining the TriStaff team, I spent 10 years as Vice President, Talent Acquisition Manager for Citizens Business Bank in Ontario, CA, where I was responsible for all recruitment efforts of the bank. My Team and I focus on recruiting top-talent primarily in the Commercial Banking space for banks throughout California and nationwide. We specialize in placing Relationship Managers, Business Development Officers, Portfolio Managers, Business Bankers, Commercial Underwriters, Credit Analysts, Compliance & Risk Officers, Operations Managers, Regional Managers, Center Managers and Executive level professionals. We have placed many candidates with some of the top-rated banks in California and the nation. I’m excited to have the opportunity to build a Banking Division at TriStaff Group and to further promote the excellent reputation that TriStaff Group has in the market-place. I enjoy partnering with my clients to find top-talent to assist them in achieving their company goals, as well as helping a candidate enhance their career. I’m passionate about recruiting and building long-term relationships with clients and candidates. I was raised in Chula Vista where I attended Chula Vista High, Southwestern Junior College and San Diego State University. No matter where I have lived, I have always remained a loyal fan of the Chargers, Padres and Aztecs. I enjoy following the local sports teams, football, collecting sports memorabilia & art, gardening, traveling and enjoying the company of my pets.
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