BSA Analyst

The BSA Analyst plays a key role in ensuring that Kearny Bank complies with the regulations established under the Bank Secrecy Act and related Anti Money Laundering laws. The BSA Analyst plays an essential part in identifying and reporting suspicious activity related to money laundering, terrorist financing, and other illicit financial activities.

Analyze transactions and alerts to identify suspicious activity and patterns.
• Investigate potentially suspicious activity and document findings in accordance with established procedures.
• Prepare and file Suspicious Activity Reports (SARs), Currency Transaction Reports (CTRs), and other reporting as required.
• Collaborate with business partners and stakeholders throughout the Bank to support investigations and resolve any BSA related issues.
• Keep apprised of changes to BSA/AML Regulations and industry best practices.
• Participate in training to enhance knowledge and skills.
• Maintain knowledge of and adhere to all BSA Department procedures and Bank policies.

• Bachelor's degree or equivalent experience strongly desired.
• Minimum of one (1) to two (2) years of banking or BSA/AML experience.
• Knowledge of the Bank Secrecy Act, the USA PATRIOT Act, OFAC sanctions, and other applicable laws and regulations.
• Ability to work independently with limited direction.
• Ability to communicate effectively with management, regulators, and other stakeholders.
• Strong analytical and investigative skills.
• Ability to prioritize and manage multiple tasks and ensure all assignments are completed within established SLAs.
• Demonstrate reliability, versatility, flexibility, and a willingness to work.
• Proficient in PC and computer applications, including but not limited to Microsoft Office.
• Previous experience with Verafin and Fiserv core systems is a plus.

PHYSICAL DEMANDS:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Regular attendance and punctuality are essential functions of every job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

While performing the duties of this job, the employee is regularly required to sit, use hands and fingers, handle or feel objects, use tools or controls, reach with hands and arms, talk and/or hear. The employee frequently is required to stand and walk. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by the job include close vision, distance vision, peripheral vision, color vision, depth perception, and the ability to adjust focus.

SUPERVISORY RESPONSIBILITY:

This position has no supervisory responsibilities.