Identify unusual customer transaction patterns indicative of suspicious activity related to money laundering, terrorist financing, and/or other Bank related criminal activities
Conduct reviews of alerting activity trigged from the transaction monitoring system
Analyze inappropriate and/or fraudulent activity utilizing the Bank’s various software applications
Document and reach a proper conclusion that would mitigate the concern of the alerting activity
Escalate suspicious activities for further review
Complete currency transaction reports (CTRs)
Conduct sanction screening reviews on OFAC and other government watchlist screening alerts
Conduct analysis on other BSA related reports to detect potential suspicious activity
Ensure compliance with BSA/AML related laws and regulations or identify matters of non-compliance and escalate them to management for a resolution
Compile evidence and documentation in compliance with BSA/AML regulatory requirements
Maintain a current, thorough understanding of money laundering and terrorist financing issues

Bachelor’s Degree is preferred
Must have a minimum of 2 years of experience working with individual and/or business accounts
Familiarity of WSFS Bank products and services is preferred
Should have familiarity with branch or department account relationship activity
Some audit or compliance knowledge is helpful
Must have extensive knowledge of MS Work, Excel as well as prior experience using an anti-money laundering systems and/or transaction monitoring system
Must have the ability to analyze information as well as question and investigate results from program reports
Must have knowledge to review account activity and the ability to recognize or question activity beyond its normal scope
Must have the ability to work with and communicate with Associates and management in all Bank departments and within the entire corporation
Must have excellent oral and written communication skills as well as good written, oral, and visual presentation skills.

BSA Analyst I

Key skills