BSA Analyst I

DescriptionLocation: Mineola/HauppaugeAbout UsHanover Bank– When you love your work and the people you work with, careers are made!Embracing diversity, valuing inclusion and showing respect are the foundation upon which we build our team. At Hanover Bank, inclusion means respecting personal beliefs and appreciating that we all have perspectives that matter. We are stronger together as we move toward a shared vision of personal and corporate growth.Whether you are just starting out or a seasoned professional, working for Hanover Bank can launch you on a path to success. With a passion for excellence, we strive to deliver exceptional service to our clients, foster a positive impact in the communities in which we work and live and help our team members achieve their professional goals.When you work with us you are empowered, engaged and encouraged to collaborate because every voice matters, every person counts!Job SummaryHanover Bank is looking for a full time BSA Analyst I to join our team. The BSA Analyst I is responsible for assisting with certain aspects of the Bank’s BSA/AML compliance program. They will review and investigate alerts and perform other BSA compliance duties as assigned.Job Duties And ResponsibilitiesReview & clear alerts generated by the Bank’s BSA/AML transaction monitoring system. Escalate alerts to cases for further review in a timely manner.Daily monitoring of data scan audit log, OFAC review, and unvalidated transactions.Assist in the preparation and submission of Currency Transaction Reports (CTR) within the required time frames.Review the Know Your Customer (KYC) documentation for accuracy and consistency.Perform Enhanced Due Diligence reviews on High-Risk Customers.Analyze the data imported daily into the automated transaction monitoring system.Stay current with changes in BSA and related laws & regulations.Handle any other duties or special projects as assigned by BSA and the BSA Manager.Education And ExperienceHigh School Diploma requiredAssociate’s degree preferred1 - 3 years BSA experience preferredSkills And AbilitiesWorking knowledge and understanding of general banking principlesStrong internet research skillsStrong verbal and written communication skillsSound analytical and problem-solving skillsA high degree of accuracy and attention to detailPC literate with proficiency in Microsoft Outlook, Word & ExcelAbility to work and contribute in a team-oriented and collaborative environmentAbility to meet deadlines and manage multiple tasksOur BenefitsHealth & Wellness BenefitsMedical, Dental, and Vision insurance (with HSA, FSA, and Commuter Benefits options)Company-paid Life Insurance and Accidental Death & Dismemberment (AD&D)Company-paid Long-Term Disability InsuranceVoluntary BenefitsAdditional Life and AD&D Insurance for employee, spouse, and dependentsVoluntary Short-Term Disability InsurancePet InsuranceLegal Services PlanAccident InsuranceHospital Indemnity InsuranceCancer Care InsuranceRetirement401(k) Plan with Company MatchTime Off & RecognitionPaid Personal Time Off (PTO)Paid Company HolidaysAnnual Performance BonusesAnnual Salary IncreasesEmployee EngagementCompany-sponsored EventsEmployee Contests and Recognition ProgramsHourly rate: $24-28; placement within this range will vary based on experience and skill level.Hanover Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.