Senior BSA Analyst

Job Description

Job Description

Description:

Location: Mineola or Hauppauge, NY

ABOUT US:

Hanover Bank, The Bank of YOU – When you love your work and the people you work with, careers are made!

Embracing diversity, valuing inclusion and showing respect are the foundation upon which we build our team. At Hanover Bank, inclusion means respecting personal beliefs and appreciating that we all have perspectives that matter. We are stronger together as we move toward a shared vision of personal and corporate growth.

Whether you are just starting out or a seasoned professional, working for Hanover Bank can launch you on a path to success. With a passion for excellence, we strive to deliver exceptional service to our clients, foster a positive impact in the communities in which we work and live and help our team members achieve their professional goals.

When you work with us you are empowered, engaged and encouraged to collaborate because every voice matters, every person counts!

Job Summary

Hanover Bank is looking for a full-time Senior BSA Analyst. The Senior BSA Analyst will be responsible for administering the BSA QA Framework and reviewing financial crimes compliance functions (BSA/AML/OFAC) within the BSA Department. The Senior BSA Analyst reports to the BSA Manager and supports areas of the BSA program, including but not limited to transaction monitoring, customer risk rating, regulatory reporting, and customer screening.

Essential Job Duties and Responsibilities

• Conduct timely Enhanced Due Diligence (EDD) reviews of high-risk accounts.
• Review alerts generated by the monitoring system; escalate alerts to cases when warranted
• Create and review cases; escalate cases to SARs when warranted.
• Obtain and review transaction images and account opening documents for various investigations.
• Review and prepare Suspicious Activity Reports (SAR).
• Assist the BSA Manager and BSA Officer with preparing for initiatives, including regulatory exams, risk assessments, audits, or system validation efforts.
• Perform quality reviews of dispositioned alerts.
• Oversight of OFAC and 314(a) reviews.
• Assist all Bank areas with respect to the Bank’s Customer Identification Program.
• Assists all areas with regards to Specialty Banking, including and not limited to Alerts and SARs
• Handle any other duties or special projects as assigned by BSA and the BSA Manager.

Education and Experience

• High School Diploma required
• Associate's degree preferred but not required
• Acquire and maintain, within two years of the date of hire, an Anti-Money Laundering (AML) certification
• 7+ years BSA experience and work independently

Skills and Abilities

• Ability to multitask and manage a high number of priorities
• Knowledge of Anti-Money Laundering, USA PATRIOT ACT, and Bank Secrecy Act regulations.
• Working knowledge of Microsoft Office (Excel, Word)
• Analytical, research, and problem-solving skills

OUR BENEFITS:

• Medical, Dental and Vision (including HSA, FSA & Commuter Benefits)
• Company-paid benefits to include life insurance and AD&D plus long-term disability
• Voluntary Benefits (including additional life insurance and AD&D insurance for yourself, your spouse and/or your dependent children, Voluntary Short-Term Disability, Pet Insurance and Legal Services)
• Supplemental Health Benefits (including Accident insurance, Hospital indemnity insurance and Cancer Care)
• Retirement- 401(k) with Company Match
• Paid Personal Time Off (PTO) & Paid Company Holidays
• Annual Bonuses
• Annual Increases
• Employee Events and Contests

Hourly: $36.00 - $44.00; placement within this range will vary based on experience and skill level.

Hanover Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.