Job Description

Job Location: Bank First Cedarburg - Cedarburg, WI 53012

Position Summary
This senior-level position is responsible for conducting and leading complex BSA/AML and fraud investigations, ensuring regulatory compliance, supporting multi-state operations, and mentoring junior analysts. The Senior BSA Analyst serves as a subject matter expert within the BSA function and contributes to the Bank’s safe and sound growth by identifying, assessing, and mitigating financial crime risk.
Responsibilities:
BSA/AML Compliance & Investigations
- Conduct complex BSA/AML investigations, including high-risk customer activity, unusual transaction patterns, and multi-account relationships.
- Prepare, review, and file Suspicious Activity Reports (SARs) ensuring timeliness, accuracy, and strong regulatory documentation.
- Perform advanced Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) reviews, particularly for higher-risk customers and commercial relationships.
- Conduct ongoing reviews of customer risk ratings and ensure alignment with the Bank’s risk-based approach.
- Oversee accurate and timely preparation of Currency Transaction Reports (CTRs)
- Prepare and review Designation of Exempt Persons (DOEP) and conduct annual exemption reviews.
Monitoring & Quality Control
- Review and disposition complex transaction monitoring alerts beyond initial triage.
- Provide oversight and quality assurance of alert dispositions completed by junior analysts.
- Recommend enhancements to monitoring parameters and investigative processes to support a growing multi-state institution.
- Assist in maintaining documentation standards to ensure regulatory defensibility.
Regulatory & Enterprise Support
- Support regulatory examinations and internal audits, including preparation of documentation and responses to examiner inquiries.
- Contribute to the BSA/AML and OFAC risk assessments, particularly as the Bank expands products, services, and geographic footprint.
- Assist the BSA Supervisor in updating policies and procedures to reflect regulatory changes and operational growth.
- Serve as a liaison between BSA Compliance and other departments, providing guidance and training to enhance first-line awareness.

QualificationsCompetencies:
- Honesty, Integrity and Ethics: to act in a fair and just manner, free from deception; to comply with the bank’s accepted principles of moral conduct
- Accountability: to accept responsibility
- Adaptability: the ability to fit into our changing work environment
- Decision Making: the ability to select an effective course of action while controlling resources and expenditure
- Interpersonal/Customer-Oriented: to develop and maintain relationships with others, internally and externally; focused on meeting customers’ needs, understanding their concerns and seeking to build trust
- Results-Oriented: the ability to drive behaviors to emphasize achievement; the ability to be self-directed towards accomplishments, be action oriented, enjoy challenges, and pursue opportunities
- Innovative: to go beyond the conventional, a willingness to try different solutions, and to encourage new ideas
- Collaborative: works closely with internal departments such as compliance, legal and risk to share insights, provide recommendations, and ensure a unified approach to mitigating financial risks.
- Technology Utilization: Leverage advanced analytical tools and technologies to enhance the efficiency and effectiveness of monitoring and investigative processes.

Qualifications:
- Bachelor’s degree in a related field or 5-10 years of experience in Banking or Other Financial Services
- Minimum 5+ years of experience in BSA/AML and/or Fraud Investigations
- A passion for all things related to Financial Crimes Compliance
- Strong working knowledge of the Bank Secrecy Act (BSA), USA PATRIOT Act, OFAC regulations, and Customer Due Diligence (CDD)
- Experience with transaction monitoring and case management systems.
- Strong analytical writing and documentation skills.
- Ability to exercise sound, independent judgement with limited supervision.
- CAMS, CFE, CFCS, or equivalent professional certification preferred but not required.