Bank Secrecy Analyst

Hours/Schedule: 8:00 AM -- 5:00 PM Description: Ensures accurate, timely, and complete Currency Transaction Reports (CTR) are completed and ready for transmission to the IRS with limited mangement oversight. Reviews, analyzes, and researches applicable COMPLY/CTR electronic reports and online CTR files to ensure accurate Currency Transaction Reporting in accordance with Bank Secrecy Act (BSA) regulations and policy. Responsible for identifying and analyzing potential system issues and reporting them to management with recommendations for resolution. Proactively contacts branch staff to resolve any questions about currency transactions that may require CTR's to be created, updated or deleted. Responsible for ensuring all BSA records relating to CTR's and Bank Secrecy Logs are maintained in accordance with regulations and WTC's policy, with limited management oversight. Annotates electronically in ERM all COMPLY/CTR reports as required to create a complete record of all CTRs filed, deleted, or changed. Reviews, analyzes, and researches all potential cash purchases of monetary instruments to ensure the centralized electronic Bank Secrecy log (BSL) is completed each month that documents all money instruments purchased between $3,000.00 and $10,000.00 by clients in the branches. Compares daily COMPLY/CTR reports to branch entries to ensure the electronic Bank Secrecy log is complete. Acts as the primary backup for the Senior Regulatory Compliance analyst responsible for OFAC and FinCEN 314(a) list comparisons for all clients, payments and transactions. Acts as the backup for the Senior Regulatory Compliance analyst for Client Identification Procedure (CIP) operational compliance issues. Responsible for delivering targeted Bank Secrecy Act (BSA) reporting to branch staff as directed by the Regulatory Compliance manager. This includes regulatory training on Currency Transaction Reporting (CTR), Bank Secrecy Log (BSL) recordkeeping and reporting software application training for teller staff.
Job Requirements
Job Requirements: Associates Degree or 5 years of work experience with regulatory compliance or risk management reporting.Demonstrates a high level of proficiency in the use of personal computers and software packages (such as Microsoft Office, Excel and Word). Knowledge of internal WTC systems: ( IMS, DDA, CIF, Image Depot) or similar systems with other financial institutions. Knowledge of AML reporting software.Detail-oriented. Strong presentation and communication skills. The ability to follow through expeditiously on a daily basis with all pending work .