BSA Analyst II

@ First Foundation Inc.

Overview

The BSA Analyst II at First Foundation Inc. is responsible for preliminary monitoring of the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance program to ensure optimal compliance with applicable laws. This remote position involves assessing suspicious activity related to BSA and AML, including high-risk accounts, new account documentation, Customer Information Process (CIP), Enhanced Due Diligence (EDD), as well as monitoring data regarding the Office of Foreign Assets Control (OFAC).

Duties and Responsibilities

• Adhere to compliance programs and complete required training on time.
• Monitor BSA software, reporting, and wire activity for suspicious actions.
• Conduct case investigations and EDD reviews for high-risk clients.
• Analyze transactional data to determine irregular activity based on historical client behavior.
• Review and make decisions on client risk ratings and relationships.
• Ensure compliance with OFAC regulations and monitor corresponding software systems.
• Research regulatory issues and support compliance queries using legal references.
• Attend mandatory training sessions and complete all assigned tasks.
• Perform other duties as assigned.

Qualifications and Skills

A high school diploma or equivalent is required, with a Bachelor’s degree preferred. A minimum of 5 to 7 years of banking experience is expected with a background in retail, operations, compliance, or a BSA setting. CAMS certification is preferred. Excellent communication, basic mathematics, accounting skills, and proficiency in computer and spreadsheet applications are essential.

Physical Demands

Candidates must be able to perform tasks that involve long periods of sitting, using hands, and occasional lifting of up to 25 pounds. Some travel may be required. Reasonable accommodations are available for those with disabilities.

Compensation and Location

This position is remote with compensation aligned to Irvine, CA benchmarks: approximately $60,100 to $80,200 annually. Applicants must have current work authorization and First Foundation Inc. will not sponsor employment visas.

Key Skills/Competency

BSA, AML, OFAC, Compliance, Monitoring, Investigation, EDD, Risk Rating, Banking, Regulations