BankVista is hiring for a Full-Time BSA/AML Compliance Analyst to join our team. 

The BSA/AML Compliance Analyst is responsible for all recordkeeping and reporting compliance within the BSA/AML laws and regulations. The ideal candidate will play a crucial role in ensuring compliance with financial regulations and internal policies. This position involves analyzing financial data, conducting audits, and implementing policy and procedures. The BSA Analyst will collaborate with various departments to enhance compliance management and regulatory reporting processes.

This is a hybrid remote position. Candidates will have the ability to work remotely part-time and must also be able to commute to either Sartell, Waite Park, or Mankato, MN.

BSA/AML Responsibilities

• Analyze financial data to identify trends, discrepancies, and potential areas of risk related to fraud prevention detection utilizing an automated alert resolution system.
• Prepare and submit Currency Transaction Reports and Suspicious Activity Reports, adhering to regulatory timing requirements.
• Perform all aspects of OFAC & 314(a) & 314(b) monitoring.
• Perform enhanced due diligence monitoring of high-risk customers and products.
• Assist in the coordination of audits by securing and organizing documentation for examinations and independent reviews.
• Prepare detailed reports on audit findings and present recommendations for improvements.
• Collaborate with cross-functional teams to ensure effective compliance management and adherence to financial concepts.
• Monitor changes in regulations and assess their impact on the organization’s operations.
• Develop and deliver training programs to educate employees on BSA/AML requirements.
• Collaborate with internal departments to ensure effective implementation of BSA/AML policies and procedures.

Compliance Responsibilities

• Management of regulatory training programs – CBT based, etc.
• Conduct transaction testing for denied loans, HMDA, Fair lending.
• Daily report monitoring and tracking of compliance related reports.
• Attends Compliance Committee meetings and documents minutes.
• Tracks audit findings, remediation, and implementation of management responses.
• CRA Tracking & quarterly reporting to compliance committee.
• Adverse action monitoring and reporting to compliance committee.

Essential Qualifications & Requirements

• Bachelor’s degree in Finance, Accounting, or a related field is preferred.
• Strong understanding of BSA/AML & Compliance regulatory reporting requirements.
• Certified BSA/AML Professional (CBPA) or CAMS certification preferred.
• Experience in financial auditing or technical accounting is highly desirable.
• Familiarity with compliance management practices and internal audit processes.
• Excellent analytical skills with attention to detail.

BankVista offers a competitive wage and employee benefits package including health, dental and vision insurance, employer paid Life Insurance and Disability, and a 401(k) Plan with employer match. If you are interested in joining a growing company and working within a fun and exciting environment, please apply now.