AVP & Sr. BSA Analyst

At Open Bank, we pride ourselves on being different and OPEN to new ideas and opportunities for our clients and employees.

We celebrate innovation, diversity, teamwork, excellence and integrity. We are an equal opportunity employer and offer competitive compensation and benefits package to recruit, retain and reward top talent. We would like to be your partner in success and happiness!

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Job Title: AVP & Senior BSA Analyst
Department: BSA (2 days in HQ Office; 3 days remote)

We are looking for a Senior BSA Analyst to join the BSA team at Open Bank! The Senior BSA Analyst is responsible for conducting all aspects of monitoring activities relating to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and OFAC compliance.

Key Responsibilities:

• Handle and implement internal examinations, investigations, and inspections.
• Independently inspect records and documents of accounts to ensure they are in compliance with current Bank's policies and procedures.
• Independently review high risk customers, products and services offered by the Bank.
• Complete, review, and approve Currency Transaction Reports for accuracy and submission.
• Independently prepare case write up report and recommend whether to file a SAR or not with minimum supervision.
• Ensure timely implementation of new procedures in compliance with any changes in the laws and regulations related to BSA/AML/OFAC.

Requirements/Qualifications:

• Bachelor degree from an accredited college is preferred.
• Minimum five years of experience of BSA, bank audit, compliance, or banking operations is required.
• Knowledge of Bank Secrecy Act, USA Patriot Act and OFAC.
• Experience of BSA, bank audit, compliance, or banking operations is preferred.
• Good knowledge of bank documents and bank operation.
• Present a professional image in dealing with customers, interdepartmental, and external representatives.
• Good written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person, and over the phone.
• Accurate typing/keyboarding skills; basic computer skills, including the use of word processing, spreadsheet software applications, and e-mail. Bachelor's degree in related field or equivalent experience preferred, but not required.

Employee Benefits & Perks

• Medical, Dental, & Vision: Open Bank offers medical, dental, and vision insurance for all full-time employees and their immediate family members. Employees become eligible for insurance benefits on the first of the month following their hire date.
• Life, Accidental Death & Dismemberment, & Long-Term Disability: Open Bank pays 100% of the cost.
• Flexible Spending Account (FSA): Tax-advantaged financial accounts are offered for employees to pay for eligible out-of-pocket expenses (health, dependent care, transit, and parking) with pre-tax dollars.
• 401(k) Retirement Savings Plan: Open Bank matches 100% of the first 6% of employees' contributions. Employees are eligible to participate on the first of the month following 90 days of employment.
• Paid Time Off (PTO): Employees begin to accrue PTO hours at the time of hire to use for vacation, illness, or other personal reasons.
• Employee Assistance Program (EAP): The EAP offers counseling sessions, online tools and resources, and legal and financial guidance for employees and their family.
• Company Paid Lunch: Open Bank provides company paid lunch twice a week.

To view current job openings, please visit Open Bank Careers Page: https://myopenbank.com/about/#