Summary of Position
- The BSA FBC Analyst II is responsible for assisting in the BSA/AML program for the Foreign Correspondent Banks. In addition, responsible to adhering to BSA/AML policies and procedures on the compliance of quarterly reviews and the exceptions and flags.
- Essential Functions and Duties
- Responsible for assisting in gathering the information and documents for the monthly completion of ECS Profile Exceptions of the Foreign Correspondent banks (FCB).
- Responsible for gathering the information for the monthly completion of the ECS Flags of FCB.
- Assisting in the quarterly review of RDC and Wire Transfer activity of the FCB.
- Request information as needed from FCBs and review and input the information received.
- Responsible for checking the deposited checks through the OFAC database.
- Assist in the preparation of the monthly FCB Summary Report and Activity Summary Report for the Compliance Committee.
- Responsible for maintaining the BSA files for each FCB which includes documentation of the opening of the account, KYC, ownership, Patriot Act certification, Financial States, Licenses, Agreements, etc.
- Assist in the generation of the annual assessment of each FCB including following-up on obtaining updated information and documentation from each one and gathering transaction data.
- Responsible for completing annual training program assigned.
- Performs other functions and/or duties as assigned.
- Responsible for gathering and inputting data to establish CIF number for non-clients.
- Attend outside BSA/AML/OFAC training and conferences as assigned by the BSA Foreign Correspondent Bank Officer.
- Must comply with Banesco USA's BSA/AML Program.
- Responsible for completing annual training program assigned.
- Performs other functions and/or duties as assigned.
Qualifications Requirements
- Education: High School diploma or equivalent experience.
- Experience: Three (3) to Five (5) years of experience in BSA or Foreign Correspondent Banking.
- Advance computer skills including but not limited to proficiency in Microsoft Office (Word, Excel, Power Point, etc.)
- Must be bilingual in both English and Spanish. Ability to fluently speak, understand, read and write both languages.
- Strong verbal and written communication skills, ability to communicate at all levels of the organization.
- Strong attention to detail and accuracy.
- Ability to multi-task, with strong organization, time-management and prioritizing skills.
- Strong customer service skills, ensuring satisfaction of internal and external customers.
- Problem solving and analytical skills in order to identify problems.
- Advance knowledge of related State and Federal banking compliance regulations and operational policies.
- Knowledge of related state and federal banking BSA/ AML regulations.
- Ability to understand and comprehend instructions, procedures and policies ensuring compliance with the Bank’s policies and procedures.
Job description provided by Banesco USA.
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