NB1093 - BSA Analyst

Northfield Bank is a full service bank with 38 branch locations throughout New Jersey; and Staten Island and Brooklyn, New York. With a history dating back to 1887, our growth continues through expansion of our presence in local communities and in our Product and Service offerings. Over 300 employees with diverse backgrounds and cultures have come together to make Northfield Bank what it is today. The Bank believes in providing all employees with the opportunity to reach their career potential and encourages advancement within the organization. For more information, please visit


Job Title: BSA Analyst

Job Location: BSA Department - Woodbridge, New Jersey

Job Status: Full Time


Job Summary:

The BSA Analyst is responsible for collecting, analyzing and reporting on customer and account information in relation to all aspects of the Bank Secrecy Act, Sanctions laws and regulations, including USA Patriot Act. The incumbent must maintain a working knowledge of all policies, procedures and regulations to conduct in-depth analysis and investigations of suspicious activity.

Responsibilities Include:

  • Review daily reports of customer transactions to identify potential fraudulent accounts or activities to be investigated
  • Prepare monthly reports to review assigned alerts from the Anti-Money Laundering (AML) system and then conduct timely and detailed investigations of suspected fraudulent accounts or activities using internal and external resources. Document investigations and draft Suspicious Activity Report (SAR), when necessary.
  • Exercise sound judgment when examining sensitive account activities and escalate issues and concerns to management, as appropriate
  • May interface with other departments and branches regarding customer activity and investigations
  • Conduct all background research, analysis, and due diligence that will be included in summary section of the SARs, and record all transaction detail through thorough documentation
  • Assist in the implementation of new methods, processes and procedures to make daily operations more efficient
  • Responsible for complying with all relevant bank policies and procedures including the Bank Secrecy Act, Anti-Money Laundering, and government compliance
  • May require occasional travel for business meetings or training

Job Requirements:

  • High school diploma or equivalent required. Bachelor's degree preferred.
  • Minimum of 2 years experience in BSA monitoring or related function preferred
  • Knowledge of BSA regulations preferred
  • Experience with Fiserv FCRM Anti-Money Laundering systems preferred
  • Ability to analyze and interpret data to determine the risk associated with moderate to high-risk transactions required
  • Knowledge of internal controls
  • Effective written and verbal communication skills
  • Must work timely and accurately very deadline oriented and organized
  • Proficiency in Microsoft Office, Word, Excel, and Outlook

**Northfield Bank is an Equal Employment Opportunity Employer M/F/Disability/Protected Veteran**


Category

Financial Examiners


Education

High School or Equivalent


Experience

2 to 20+ years


Job type

Full time

Company
Northfield Bank
Posted
10/02/2021
Salary Range
$58,000.00 - 95,000.00
per Year
Salary range estimated by
Location
Woodbridge, NJ 07095, US
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