Position Title
BSA Governance Analyst Sr

Location
Hicksville, NY 11801

Job Summary
Pay Range: 73-117K

JOB SUMMARY

The Senior BSA Governance Analyst is responsible for maintaining certain aspects of the Bank's BSA/AML compliance program and assists in meeting and maintaining BSA/AML compliance requirements of the Bank. Complies with all applicable, federal and state laws, regulations and guidance, including those related to Anti-Money Laundering (i.e. Bank Secrecy Act, USA PATRIOT Act, etc.), as well as adhering to the Bank's policies and procedures to reduce loss/risk to the Bank.

Responsible for applying subject matter expertise to assist with the development and maintenance of effective BSA/AML/OFAC policies and procedures, performing annual risk assessments, maintaining the BSA/AML/OFAC training program, and assisting with regulatory examinations and internal audit reviews.

Pay Range: Local Minimum Wage - $0.00 - $0.00

Job Responsibilities:

JOB RESPONSIBILITIES

• Participates in the execution of the BSA/AML and OFAC risk assessments to objectively measure the effectiveness of existing controls, evaluate risk mitigation efforts, and determine residuals risks . Compiles and analyzes data and performs research as needed.

• A ssists in the implementation, maturation, and execution of the Bank's enterprise wide BSA/AML and OFAC training program in accordance with FinCEN and FFIEC regulations and guidance .

• Gathers and analyzes data needed for the development BSA Department's risk and control self-assessments.

• Gathers and a ssesses responses to self-identified issues to identify gaps and make recommendations .

• Maintains an understanding of BSA/AML related regulatory changes and i ndustry trends to ensure the Bank's p olicies and p rocedures meet industry standards .

• Contribute s to the d evelop ment and periodic update of all BSA/AML policies and procedures to ensure the Bank is adher ing fully with all applicable rules, regulations, and guidance .

• Compiles responses for internal audit reviews, regulatory examinations, and the development of committee presentations.

ADDITIONAL ACCOUNTABILITIES

• Performs special projects, and additional duties and responsibilities as required .

• C onsistently adhere s to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings . Accountable to maintain compliance with applicable federal, state and local laws a n d regulations.

J OB REQUIREMENTS

Required Qualifications:

• Education level required: Undergraduate Degree (4 years or equivalent) or equivalent work experience in Finance, accounting, business management, criminal justice, financial analysis/investigations, and/or compliance .

• Minimum experience required: 5+ Years of experience in a BSA/AML/OFAC position in a bank or financial services institution.

Preferred Qualifications:

• ACAMS Certification or CFCS .

Job Competencies:

• Excellent k nowledge and understanding of BSA/AML, OFAC, and USA PATRIOT Act regulations with the ability to interpret the laws and implement into the Bank's Policies and Procedures .

• In - depth knowledge of AML and OFAC compliance, as well as best practices and regulator expectations.

• Working knowledge and understanding of Banking and Lending products and services and core banking system s such as teller transactions and accessing customer transaction historie s.

• I nterpersonal, verbal and written communications skills, with the ability to provide constructive feedback.

• Highly developed analytical and problem-solving skills.

• Good organizational skills.

• High degree of accuracy and attention to detail.

• Advanced computer literacy skills with proficiency in Microsoft Office.

• Ability to work and contribute in a team-oriented and collaborative environment to improve the analytical and reporting processes.

• Ability to meet deadlines and manage multiple tasks and projects in a fast-paced environment.

• Ability to understand and draw conclusions from research conducted.

• Physical demands (ADA): No unusual physical exertion is involved.
• Flagstar is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, or national origin.