Dime Community Bank · 2 hours ago
Senior Bank Secrecy Act (BSA) Analyst
Hauppauge, NY
Full-time
Onsite
Senior Level
$70K/yr - $80K/yr
5+ years expDime Community Bank is currently hiring for a Senior Bank Secrecy Act (BSA) Analyst at its Headquarters in Hauppauge, Long Island. The Senior BSA Analyst will assist the BSA Manager in the administration of the Bank’s BSA/AML/OFAC program, performing analysis of complex financial transactions and providing recommendations regarding Suspicious Activity Reports (SARs).
BankingCommercial LendingCommunitiesWealth Management
Responsibilities
Review and evaluate the Transaction Monitoring system’s alerts (including related modules) for Low, Medium, and High-Risk accounts as assigned and directed
Review and evaluate customer transactions upon referral from other Bank departments (UARs), or as otherwise directed
Contact branches for additional information needed to explain activity that has been identified as potentially unusual or suspicious
Identify and refer potentially suspicious activity for further investigation by grouping the suspect transactions and gathering supporting documentation
Complete investigations of potentially unusual or suspicious transactions by preparing and/or finalizing an investigation narrative and gathering supporting documentation in accordance with departmental guidelines
Prepare SARs in accordance with departmental procedures and templates
Justify alerts and UARs that are not deemed suspicious with detailed narrative in accordance with departmental guidelines
Perform additional due diligence and analysis as required for high-risk customers, and as otherwise directed by the Senior BSA Manager
Perform quarterly Customer Identification Program (CIP) quality assurance reviews and report any systemic issues to BSA Management
Perform Annual CTR Exemption reviews as directed and in accordance with department procedures
Perform quality assurance reviews of prepared CTRs prior to filing
Assist in maintaining departmental policies and procedures
Provides guidance and quality assurance for BSA Analysts and Associate BSA Analysts as needed
Assist with BSA/AML Compliance training development and updates for new employees and other Bank departments
Gather and provide data for quarterly Compliance Committee of the Board reports and updating of the Bank’s BSA/AML and OFAC Risk Assessments
Handle any other duties or special projects as assigned by BSA Management
Qualification
Required
Bachelor's degree or equivalent job experience required
Minimum five years' experience in the financial services industry, of which at least three years must be BSA/AML/OFAC compliance analysis and investigation experience
General understanding of BSA/AML and OFAC laws, regulations, and guidance
Ability to understand, interpret, convey, and implement the requirements of pertinent laws and regulations is essential
Experience in analyzing alerts for high-risk customers, including, but not limited to: Alternative Investments (e.g., hedge funds), non-U.S./Internationally focused businesses, Non-Bank Financial Institutions
Must exhibit the ability to work both independently and in a team-oriented environment
Ability to work with other business units in a professional manner
Strong transactional research, analytical, multitasking, and problem-solving skills required
Excellent communication (verbal and written), organizational, and follow-up skills are necessary
Strong knowledge of Microsoft Office (Outlook, Word, Excel, PowerPoint)
Preferred
CAMS certification a plus
Company
Dime Community Bank
Dime Community Bank provides Multifamily Lending, Commercial, Business Banking, Personal Banking, and Residential Lending.
501-1000 employees
Funding
Current Stage
Public CompanyTotal Funding
$201M2024-11-12Post Ipo Equity· $136M
2024-06-26Post Ipo Debt· $65M
1997-01-03IPO
Leadership Team
Stuart Lubow
Chief Executive Officer
J
Judy Wu
EVP, General Counsel & Corporate Secretary
Recent News
Dime Community Bancshares, Inc.
2025-11-19
Dime Community Bancshares, Inc.
2025-11-10
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