Senior Bank Secrecy Act Analyst
355 S. Grand Ave., Suite 1200 , # 210 Los Angeles, CA 90071 US
Job Description
SUMMARY:
The Senior BSA Analyst plays a key role in supporting the Bank Secrecy Act (BSA) compliance efforts across the organization. This position is responsible for ensuring the bank meets all BSA and Anti-Money Laundering (AML) regulatory obligations, helping to safeguard the institution against financial crime and compliance risks. Using automated monitoring tools, the analyst reviews and investigates customer activity, identifies potentially suspicious behavior, and prepares detailed analyses and recommendations for management. The role also supports training efforts, mentoring junior staff, and contributing to the development of internal processes.
KEY RESPONSIBILITIES:
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Conduct Customer Due Diligence (CDD) by analyzing expected versus actual customer activity and assessing industry-specific transaction norms.
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Execute Enhanced Due Diligence (EDD) reviews for high-risk customer segments.
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Investigate entire customer profiles, including transaction histories, external news, and system-generated alerts.
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Regularly monitor account activity and reporting systems for unusual behavior, trends, or inconsistencies.
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Research adverse media and conduct database searches as part of account reviews.
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Validate the accuracy of BSA reports and escalate suspicious activity to appropriate compliance teams.
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Maintain accurate digital documentation and detailed narratives supporting findings.
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Determine if activity warrants a Suspicious Activity Report (SAR) filing and complete comprehensive case documentation.
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Use sound judgment to assess, escalate, and document findings related to potentially illicit transactions.
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Review alerts involving structuring, high-risk jurisdictions, wire activity, and loan payments.
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Screen for potential matches from FinCEN 314(a) lists and handle 314(b) information-sharing requests.
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Communicate with internal departments for clarification during investigations and ensure case documentation meets internal and regulatory standards.
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Recommend account closures when appropriate and follow through to ensure completion.
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Stay current on BSA/AML regulations, trends in financial crimes, and investigative techniques.
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Help develop policies and internal controls, and participate in bank-wide compliance training.
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Provide mentorship to junior analysts and contribute to team knowledge-sharing initiatives.
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Complete additional projects and duties as directed by the BSA Officer or Chief Risk Officer.
QUALIFICATIONS & EXPERIENCE:
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Strong working knowledge of BSA/AML, USA PATRIOT Act, OFAC, and other applicable financial crime regulations.
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Experience with AML monitoring platforms; familiarity with Verafin is a plus.
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Proven ability to identify and evaluate suspicious activity across complex transactions.
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Skilled at drafting thorough, accurate, and compliant investigative narratives.
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Comfortable making regulatory-based decisions within tight timeframes.
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Prior experience with SAR preparation, AML investigations, or financial crime analysis preferred.
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Excellent problem-solving, analytical, and written communication skills.
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Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
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Experience using case management software; implementation experience is a plus.
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Strong interpersonal skills and ability to work both independently and collaboratively.
EDUCATION & CERTIFICATIONS:
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Bachelor’s degree in Business Administration or a related field required.
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Minimum of 3 years of experience in BSA/AML compliance or banking operations.
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CAMS or CFE certification preferred.
WORK ENVIRONMENT & PHYSICAL REQUIREMENTS:
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Office-based role in a professional environment with moderate noise levels.
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Requires extended periods of sitting and computer work.
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Occasional lifting of items up to 25 pounds and mobility around the office.
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Frequent use of office equipment including computers, printers, and scanners.
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Requires clear verbal communication and close visual acuity.
Meet Your Recruiter
Alexis Cabero
Branch Manager
As Branch Manager, Alexis Cabero focuses on identifying talent for a variety of industries including medical devices, administrative support, customer service, engineering, and human resources. Graduating from The University of California, Irvine with a B.A. in Arts and Digital Media, Alexis’ recruiting career began in 2014 while staffing for assisted living facilities, where she matched passionate healthcare professionals to provide personal non-medical care for home care clients. Alexis is passionate about helping others recognize their potential, and does so by using a thorough discovery process with her candidates to better understand what areas they excel in and providing opportunities exclusive to Marquee Staffing.
While out of office, Alexis enjoys spending her free time with family and her six dogs.