WSFS Bank

BSA Analyst I

WSFS Bank

full-time

Posted on:

Location Type: Office

Location: Philadelphia • Pennsylvania • United States

Visit company website

Explore more

✨ AI Apply
Apply

Salary

💰 $42,289 - $69,475 per year

About the role

  • 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

Requirements

  • 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.
Benefits
  • medical, dental, and vision coverage
  • a 401(k) plan
  • life, accident, and disability insurance
  • flexible spending accounts (FSAs) and health savings accounts (HSAs)
  • wellness programs
  • paid parental leave
  • military leave
  • vacation and other paid time off
  • sick leave in accordance with applicable state laws
  • paid holidays
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
transaction monitoringsuspicious activity analysiscurrency transaction reports (CTRs)sanction screeningBSA/AML complianceanti-money laundering systemsdata analysisaudit knowledgeaccount activity reviewfraud detection
Soft Skills
analytical skillscommunication skillsinvestigative skillsinterpersonal skillspresentation skillsproblem-solving skillsattention to detailcollaborationcritical thinkingdecision making