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Webster Bank · 2 days ago

Analyst, BSA

CT Southington

Full-time

Hybrid

Mid Level

$70K/yr - $80K/yr

3+ years exp

Webster Bank is a leading commercial bank focused on serving clients and supporting communities. The Analyst BSA is responsible for conducting detailed financial forensic reviews and analyses to detect suspicious activities and financial crimes, preparing investigation reports, and ensuring compliance with relevant regulations.

Banking

Responsibilities

Exhibits independent responsibility and autonomy in their daily tasks, ensuring timely resolution of alerts, cases and other assignments

Monitors client transactions across multiple delivery channels to identify trends and patterns of suspicious activity and financial crimes and takes appropriate action

Recommends closure of accounts deemed risky or suspicious

Collect, evaluate and recommend whether supporting documentation is sufficient to validate the resolution of alerts and open cases. File SARs when necessary

Demonstrates BSA/AML compliance knowledge during their duties; including but not limited to, BSA, U.S.A. Patriot Act, CIP and OFAC regulations

Escalates to management potential high-risk clients, suspicious activity and related financial crimes to mitigate risks