BSA CTR Analyst (Full Time) - Amarillo, Plano, or Sugar Land
POSITION PURPOSE
Under the direction of the BSA Currency Transaction Report (CTR) Manager, the BSA CTR Analyst performs supports the Bank Secrecy Act/Anti‑Money Laundering (BSA/AML) Department by collecting, verifying, validating, analyzing, reporting, and maintaining customer and transactional information to ensure the timely and accurate filing of CTRs for cash transactions exceeding $10,000, in compliance with regulatory requirements.
The BSA CTR Analyst is responsible for ensuring compliance with all applicable regulatory requirements, including the Bank Secrecy Act (BSA), USA PATRIOT Act, and Office of Foreign Assets Control (OFAC), as well as the Bank’s internal BSA/AML/OFAC policies and procedures.
ESSENTIAL FUNCTIONS AND BASIC DUTIES
- Demonstrate a thorough understanding of the Bank’s BSA/AML regulations, policies, and procedures.
- Analyze CTR alerts generated from the anti-money laundering monitoring system as well as daily transaction reports designed to detect potentially reportable activity.
- Ensure timely, accurate, and complete filing of Currency Transaction Reports (CTR) in compliance with regulatory requirements.
- Review customer and transaction activity to Identify potentially suspicious activity, including structuring, and escalate for possible SAR consideration, when appropriate.
- Make recommendations for CTR exempt designations and assist with the preparation and filing of Designations of Exempt Persons (DOEP), including periodic reviews.
- Correspond with branch personnel regarding individual transaction activity, resolve discrepancies, and obtain required or supplemental information.
- Perform functions related to the Bank’s BSA/AML Program, including transaction monitoring, customer activity reviews, and account-level analysis.
- Complete required annual BSA/AML and Compliance training and remain current on regulatory changes impacting CTR and cash transaction reporting.
- Adhere to confidentiality, data privacy, and information security standards.
- Other duties as assigned by supervisor.
The above statements describe the general nature and level of work only. They are not an exhaustive list of all required responsibilities, duties, and skills. Other duties may be added, or this job description amended at any time.
SUPERVISORY RESPONSIBILITIES
This role has no supervisory responsibilities.
QUALIFICATIONS
Education/Certification: Bachelor’s Degree or equivalent work experience. CAMS certification a plus.
Required Knowledge: Working knowledge of BSA, AML, and other AML regulatory policies with the ability to apply regulatory concepts and explain findings and decisions
Experience Required: Minimum of one year of BSA banking experience including branch/platform experience and knowledge of Bank Secrecy Act regulatory requirements.
Prior experience in AML, compliance or related role preferred, or relevant course work in criminology, law, logic as well as auditing and other business courses.
Skills/Abilities: Self-starter with the ability to work independently under minimal supervision while maintaining accuracy and productivity.
Ability to meet deadlines in a fast-paced, high-pressure environment while managing multiple priorities.
Results-oriented team player with a collaborative mindset.
Strong problem-solving and multi-tasking skills, with attention to detail.
Exceptional research and analytical skills, including the ability to analyze large amounts of data, identify higher-risk attributes (e.g., transactional behavior, geographical risk, product type, customer type, etc.) and disposition appropriately.
Strong verbal and written communication skills, with the ability to communicate effectively.
Proficient in MS Office (Outlook/Word/Excel/PowerPoint)
Strong documentation skills to clearly articulate alert disposition.
Adherence to controls and standards.
PHYSICAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION
TALKING: Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly.
AVERAGE HEARING: Able to hear average or normal conversations and receive ordinaryinformation.
REPETITIVE MOTION: Movements frequently and regularly required using the wrists, hands, and/or fingers.
AVERAGE VISUAL ABILITIES: Average, ordinary, visual acuity necessary to prepare or inspect document or products or operate machinery.
PHYSICAL STRENGTH: Sedentary work; sitting most of the time. Exerts up to 25 lbs. of force occasionally. (Almost all office jobs.)
WORKING CONDITIONS
NONE: No hazardous or significantly unpleasant conditions (such as in a typical office).
MENTAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION
REASONING ABILITY: Ability to apply logical or scientific thinking to define problems, collect data establish facts and draw conclusions. Able to interpret a variety of technical instructions and can deal with multiple variables.
MATHEMATICS ABILITY: Ability to compute discount, interest, profit, and loss; commission markup and selling price; and ratio, proportion, and percentage. Able to perform very simple algebra.
LANGUAGE ABILITY: Ability to read periodicals, journals, manuals, dictionaries, thesauruses, and encyclopedias.
Ability to prepare business letters, proposals, summaries, and reports using prescribed format and conforming to all rules of punctuation, grammar, diction, and style.
Ability to conduct training, communicates at panel discussions, and make professional presentations
Hours: Monday - Friday 8:00 AM - 5:00 PM.
40 hours per week
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