BSA Administrator JD Advantage

The BSA Administrator plays a critical role in protecting the Bank from financial crime risks by supporting the monitoring, investigation, and reporting of suspicious activity. This position assists in ensuring compliance with the Bank Secrecy Act (BSA), USA PATRIOT Act, OFAC regulations, and all related anti–money laundering (AML) requirements.

The BSA Administrator works closely with the BSA Officer and senior administrators to review alerts, investigate cases, prepare documentation, and support ongoing regulatory reporting.

Key Responsibilities:

Monitoring & Investigations

• Assist in reviewing and investigating alerts generated by the Bank’s AML monitoring system, including determining whether to close, escalate, or document cases
• Identify unusual or suspicious transactions, including potential structuring, money laundering, terrorist financing, or other illicit activity
• Document investigative findings clearly and thoroughly within the alert or case notes, including supporting documentation
• Assist with investigations referred from branch or bank personnel and document findings accordingly

Regulatory Reporting Support

• Review Currency Transaction Reports (CTRs) for accuracy and completeness, ensuring information is ready for filing
• Support the preparation and review of OFAC reports, including identifying matched suspects and escalating as appropriate
• Monitor daily and weekly alerts and assist with ongoing reporting requirements

Compliance & Policy Adherence

• Learn and apply BSA/AML/OFAC regulations, internal policies, and procedures, demonstrating increasing proficiency over time
• Maintain compliance with all Bank policies, regulatory standards, and internal controls

Additional Responsibilities

• Assist with departmental projects, audits, and examinations as needed
• Maintain organized records and ensure confidentiality of sensitive information
• Perform other duties as assigned

Educational and experience requirements include:

• High School Diploma or equivalent required
• Experience in BSA/AML/OFAC compliance, financial crime investigations, or branch operations
• Experience with AML monitoring systems such as Verafin or similar tools preferred
• Experience with FIS systems is a plus

Knowledge, Skills & Abilities

• Strong investigative and analytical skills with the ability to evaluate complex information
• High attention to detail when reviewing reports, account activity, and documentation
• Ability to research, analyze data, establish facts, and draw sound conclusions
• Working knowledge of Microsoft Office (Outlook, Word, Excel, PowerPoint)
• Strong written and verbal communication skills
• Ability to manage multiple tasks, meet deadlines, and work independently
• Strong interpersonal skills and organizational abilities

Professional Attributes

• Demonstrates high-quality work, strong attendance, and professional appearance
• Excellent problem‑solving skills and ability to identify alternative solutions

Physical Demands and Work Environment