BSA Analyst
On-siteOrange, Connecticut, United States
Job Summary
Conduct Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) for retail customers, evaluating profiles using a risk-based approach incorporating activity, geographies, and source of funds. Review and assess the adequacy of Client Identification Program (CIP) and Know Your Client (KYC) documentation, recommending remediation for deficiencies. Act as an escalation point for complex, high-risk customer situations, including adverse media, sanctions, and Politically Exposed Person (PEP) reviews. Provide independent challenge and advisory opinions on business practices that may not align with regulatory expectations or internal policies. Document risk-based analyses to support governance and regulatory examinations. Assist with Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs) for complex scenarios. Partner with Retail Banking, Operations, and Risk teams to promote consistent application of compliance requirements.
Required Qualifications
- Bachelor's degree or equivalent work experience
- Three (3) or more years of experience in BSA/AML, financial crime compliance, or related risk functions within a financial institution
- Experience supporting audits, regulatory examinations, or remediation efforts
- Strong expertise in CIP, KYC, CDD, EDD, customer risk rating, and retail BSA/AML requirements
- Demonstrated ability to apply risk-based judgment to complex or ambiguous scenarios
- Excellent analytical, investigative, and critical-thinking skills
- Strong written and verbal communication skills, including documentation of risk decisions and advisory conclusion
- Demonstrated ability to manage multiple assignments, meet deadlines, and operate independently
- Ability to influence and partner across functions without direct authority
- Highly organized with the ability to manage competing priorities in a fast-paced environment
- Clear and effective communicator
- Collaborative team player
- Detail-driven with a high level of accuracy
- Travel to client offices, prospects, branches, and industry events
Desired Qualifications
- Demonstrated experience in CDD/EDD, customer onboarding, and risk assessment
- Professional certification such as CAMS, CFE, CIA, or CRMA
- Proficiency in Microsoft Office and familiarity with BSA/AML and screening systems (e.g., Verafin, Unit 21, LexisNexis, or similar)
- Prior advisory, oversight, or second-line experience
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