Wilson Bank & Trust
Apply for the BSA AML Analyst I role at Wilson Bank & Trust.
Location: Lebanon, TN
Job Summary The BSA AML Analyst I assists in identifying risks and monitoring compliance with various aspects of the Bank Secrecy Act (BSA) and related Anti-Money Laundering (AML) requirements. This position investigates potential money laundering, financial crimes, and terrorist financing activity. The BSA AML Analyst I performs various quality control reviews and monitoring using industry standards and regulatory guidance to facilitate a strong BSA Compliance Program. This position reports to the BSA Manager and provides excellent service and support to team members and customers while demonstrating the Company’s values and supporting the mission.
Job Duties and Responsibilities
Assist in identifying risks and monitoring compliance with various aspects of the Bank Secrecy Act (BSA) and related Anti-Money Laundering (AML) requirements
Review, complete, and submit Currency Transaction Reports (CTRs)
Review CTRs and core reports for potential suspicious activity
Monitor alerts through the Bank’s AML software for potential suspicious activity
Investigate potential money laundering, financial crimes, and terrorist financing activity
Initiate potential suspicious activity cases in AML software
Assist with identifying suspicious activities and preparing Suspicious Activity Reports (SARs)
Assist BSA Officer in conducting Enhanced Due Diligence (EDD) and Customer Due Diligence (CDD) reviews
Perform 314(a) searches on customer identification file (CIF)
Assist with preparation of annual BSA risk assessment and BSA policy revisions
Assist bank regulators /external auditors during annual BSA examinations
Assist with preparation and presentations for various BSA training sessions
Review accounts held by foreign individuals to confirm proper documentation is on file
Review all Red Flag exceptions for deposits and loans
Assist BSA Officer and BSA Manager when needed
Maintain professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; and participating in professional associations
Adhere to compliance with all federal bank regulations and laws, including those for consumer protection and the Bank Secrecy Act/Anti-Money Laundering Program
Attend training as requested
Participate in outside community activities as required
Perform other duties as assigned
Required Qualifications
High school diploma or GED
Bachelor's degree preferred
1 year of previous experience in BSA, banking, financial crimes investigation, or compliance preferred
Basic knowledge of teller and new account opening systems
Basic understanding of BSA requirements
Knowledge of or ability to learn Verafin
Proficient with Microsoft Office and other standard software applications
Ability to focus on high level of detail verification
Strong ability to multi-task
Excellent organization and communication skills as well as the ability to interact in a helpful and professional manner
Ability to work on multiple projects simultaneously while accomplishing daily tasks
Effective verbal and written communication skills
Excellent interpersonal skills
Critical thinking and problem-solving skills
High standards for integrity, honesty, professionalism, and work ethic
Commitment to service excellence
Ability to work independently while demonstrating excellent organization and follow through
Demonstrate flexible and efficient time management and ability to prioritize workload
Ability and willingness to work with purpose and a strong sense of urgency
Self-motivated, positive, and enthusiastic
Self-starter with a strong desire to exceed expectations
Maintain confidentiality discretion
Ability to interact with customers and employees in a friendly and professional manner
Ability to effectively work in collaboration with others to achieve business objectives
Participation in community events working extended hours as needed
Willing to grow and be challenged
Seniority level
Entry level
Employment type
Full-time
Job function
Business Development and Sales
Industries
Banking
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Location: Lebanon, TN
Job Summary The BSA AML Analyst I assists in identifying risks and monitoring compliance with various aspects of the Bank Secrecy Act (BSA) and related Anti-Money Laundering (AML) requirements. This position investigates potential money laundering, financial crimes, and terrorist financing activity. The BSA AML Analyst I performs various quality control reviews and monitoring using industry standards and regulatory guidance to facilitate a strong BSA Compliance Program. This position reports to the BSA Manager and provides excellent service and support to team members and customers while demonstrating the Company’s values and supporting the mission.
Job Duties and Responsibilities
Assist in identifying risks and monitoring compliance with various aspects of the Bank Secrecy Act (BSA) and related Anti-Money Laundering (AML) requirements
Review, complete, and submit Currency Transaction Reports (CTRs)
Review CTRs and core reports for potential suspicious activity
Monitor alerts through the Bank’s AML software for potential suspicious activity
Investigate potential money laundering, financial crimes, and terrorist financing activity
Initiate potential suspicious activity cases in AML software
Assist with identifying suspicious activities and preparing Suspicious Activity Reports (SARs)
Assist BSA Officer in conducting Enhanced Due Diligence (EDD) and Customer Due Diligence (CDD) reviews
Perform 314(a) searches on customer identification file (CIF)
Assist with preparation of annual BSA risk assessment and BSA policy revisions
Assist bank regulators /external auditors during annual BSA examinations
Assist with preparation and presentations for various BSA training sessions
Review accounts held by foreign individuals to confirm proper documentation is on file
Review all Red Flag exceptions for deposits and loans
Assist BSA Officer and BSA Manager when needed
Maintain professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; and participating in professional associations
Adhere to compliance with all federal bank regulations and laws, including those for consumer protection and the Bank Secrecy Act/Anti-Money Laundering Program
Attend training as requested
Participate in outside community activities as required
Perform other duties as assigned
Required Qualifications
High school diploma or GED
Bachelor's degree preferred
1 year of previous experience in BSA, banking, financial crimes investigation, or compliance preferred
Basic knowledge of teller and new account opening systems
Basic understanding of BSA requirements
Knowledge of or ability to learn Verafin
Proficient with Microsoft Office and other standard software applications
Ability to focus on high level of detail verification
Strong ability to multi-task
Excellent organization and communication skills as well as the ability to interact in a helpful and professional manner
Ability to work on multiple projects simultaneously while accomplishing daily tasks
Effective verbal and written communication skills
Excellent interpersonal skills
Critical thinking and problem-solving skills
High standards for integrity, honesty, professionalism, and work ethic
Commitment to service excellence
Ability to work independently while demonstrating excellent organization and follow through
Demonstrate flexible and efficient time management and ability to prioritize workload
Ability and willingness to work with purpose and a strong sense of urgency
Self-motivated, positive, and enthusiastic
Self-starter with a strong desire to exceed expectations
Maintain confidentiality discretion
Ability to interact with customers and employees in a friendly and professional manner
Ability to effectively work in collaboration with others to achieve business objectives
Participation in community events working extended hours as needed
Willing to grow and be challenged
Seniority level
Entry level
Employment type
Full-time
Job function
Business Development and Sales
Industries
Banking
#J-18808-Ljbffr