EDD BSA Analyst 2

Job Summary 

The BSA Analyst supports the administration and execution of the Bank's Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Office of Foreign Assets Control (OFAC) compliance programs. This position plays a critical role in identifying, investigating, and escalating unusual or suspicious activity in a timely manner to help safeguard the Bank against money laundering, terrorist financing, fraud, and other financial crimes.

The BSA Analyst is responsible for conducting BSA/AML monitoring and review activities, supporting regulatory reporting requirements, and assisting with investigations to ensure compliance with applicable laws, regulations, and internal policies. The position collaborates with other BSA units and business departments, participates in compliance-related projects and initiatives, and contributes to the continuous improvement of the Bank's financial crimes compliance framework.

Key Responsibilities

• Perform customer and transaction research, including negative news searches, utilizing Bank systems, public records, internet resources, and subscription-based databases. 
• Utilize BSA/AML monitoring systems to identify, investigate, document, and escalate unusual or suspicious activity in accordance with established procedures and regulatory requirements. 
• Analyze transactional activity, customer information, and account relationships to identify potential money laundering, terrorist financing, fraud, sanctions, or other financial crime risks. 
• Conduct Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) reviews for high-risk customers, entities, and beneficial owners, documenting risk ratings and investigative findings. 
• Investigate alerts generated by BSA/AML monitoring systems and prepare comprehensive recommendations regarding potentially suspicious or high-risk activity. 
• Review and respond to information-sharing requests under Section 314(b) of the USA PATRIOT Act, as applicable. 
• Perform OFAC-related reviews and research to identify potential sanctions concerns and ensure compliance with applicable regulations. 
• Monitor regulatory developments, including guidance issued by FinCEN, OFAC, and other regulatory agencies, and maintain current knowledge of BSA/AML compliance requirements. 
• Collaborate with frontline staff and business units to obtain information necessary to complete investigations, customer due diligence reviews, and regulatory reporting requirements. 
• Serve as a resource to Bank personnel by responding to BSA/AML-related questions and providing guidance on compliance matters. 
• Resolve complex issues requiring interpretation and application of policies, regulations, procedures, and regulatory guidance. 
• Assist with the preparation of regulatory filings, investigations, and supporting documentation as required. 
• Partner with cross-functional teams to share knowledge, provide training, and support departmental objectives. 
• Assist other functional areas within the BSA Department, including OFAC, Currency Transaction Reporting (CTR), Enhanced Due Diligence (EDD), and other compliance functions as needed. 
• Participate in department initiatives, system enhancements, audits, examinations, projects, and other assignments as directed. 
• Maintain accurate records and case documentation in accordance with Bank policy, regulatory requirements, and departmental procedures. 
• Perform all duties in compliance with the Bank's BSA/AML Compliance Program, OFAC requirements, internal policies, and the FFIEC BSA/AML Examination Manual.

Compliance Responsibilities 

Complies with all applicable state and federal banking laws, regulations, and internal policies related but not limited to lending, operations, and deposit requirements, including Bank Secrecy Act (BSA), Anti-Money Laundering (AML) requirements, Office of Foreign Assets Control (OFAC) regulations, Customer Identification Program (CIP) requirements, Financial Elder Abuse reporting laws, Sexual Harassment prevention policies, information security and privacy requirements.

Required Knowledge 

• Bank Secrecy Act (BSA) 
• Anti-Money Laundering (AML) Regulations 
• Office of Foreign Assets Control (OFAC) Regulations 
• USA PATRIOT Act 
• Customer Identification Program (CIP) 
• Customer Due Diligence (CDD) 
• Enhanced Due Diligence (EDD) 
• Currency Transaction Reporting (CTR) Requirements 
• Suspicious Activity Reporting (SAR) Requirements 
• FinCEN Guidance and Regulator Expectations 
• FFIEC BSA/AML Examination Manual 
• Applicable Federal and State Banking Regulations
• Proficiency in Microsoft Office applications, including Excel, Word, Outlook, and PowerPoint

Knowledge, Skills and Abilities 

• Strong analytical, investigative, and problem-solving skills with the ability to identify and assess potential financial crime risks. 
• Ability to analyze large volumes of information, recognize suspicious activity patterns, and make sound risk-based recommendations. 
• Strong organizational skills and attention to detail with a high degree of accuracy. 
• Excellent verbal and written communication skills, including the ability to effectively communicate compliance requirements to all levels of the organization. 
• Ability to interpret and apply regulatory requirements, policies, procedures, and guidance to complex situations. 
• Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment. 
• Flexible and adaptable, with the ability to respond effectively to changing priorities, regulatory requirements, and business needs. 
• Strong interpersonal skills and the ability to collaborate effectively with cross-functional teams and business partners. 
• Experience using BSA/AML monitoring, case management, sanctions screening, and research systems preferred.

Equipment Operated 

• Operates standard electronic computers and customary office equipment required to perform essential job functions.
• Use of equipment is required, with or without reasonable accommodation, in accordance with the Americans with Disabilities Act (ADA) and the California Fair Employment and Housing Act (FEHA).

Physical Requirements & Work Environment 

The physical demands and work environment characteristics described below are representative of those that must be met by an employee to successfully perform the essential functions of this position. Nothing in this description is intended to limit the availability of reasonable accommodation under applicable law.

• Ability to perform repetitive movements associated with office and computer-based work.
• Ability to sit and or stand for extended periods of time to perform essential job functions.
• Ability to lift, carry, or move objects weighing up to 25 pounds, with or without reasonable accommodation.
• Ability to use hands and fingers to manage, manipulate, or feel objects and operate standard office equipment.
• Work is primarily performed in an office environment with a controlled temperature and standard office conditions.

Education and Experience 

• High School Diploma or equivalent required. 
• Three (3) to five (5) years of banking experience, with an emphasis on customer service and customer relationship management. 
• Three (3) to five (5) years of experience in Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Office of Foreign Assets Control (OFAC) compliance functions. 
• Certified Anti-Money Laundering Specialist (CAMS) certification preferred but not required.

Minimum Absence Requirement

Some positions within the Bank have been designated as sensitive positions due to access to critical systems, records, or processes. In accordance with Bank policy and sound internal‑control practices, employees in sensitive positions are required to complete a mandatory consecutive absence from essential duties each calendar year to support segregation of duties and independent review.

The required absence will be scheduled in coordination with management to ensure continuity of operations. Administration of absence, including paid or unpaid status, will comply with all applicable federal, state, and local wage and hour and leave laws, including California requirements.

Required Minimum Absence for This Position: Two (2) Consecutive Weeks

Officer Title Eligibility 

For qualified positions, the Bank may designate an Officer Title based on the role’s job level, scope of responsibility, and alignment with established competency frameworks. Eligibility for an Officer Title designation is contingent upon the employee meeting defined competency, performance, and experience requirements and is governed by applicable Bank policies, governance standards, and required approval processes.

• This position is not eligible for an Officer Title.

Compensation

The listed range represents the full compensation range for this position. Placement within the range will be determined based on factors including skills, relevant experience, job‑related qualifications, geographic location, and internal equity, in accordance with Bank compensation policies.

• Non‑Exempt Hourly Rate: $34.50 – $55.50 per hour

Disclaimer

This job description is intended to describe the general nature and level of work being performed and is not intended to be an exhaustive list of all duties, responsibilities, or qualifications. Employees may be required to perform other duties as assigned, consistent with business needs and applicable law.

Farmers and Merchants Bank of Long Beach reserve the right to modify, amend, or discontinue job duties or requirements at any time. Nothing in this job description creates a contract of employment, either express or implied, or alters the at‑will nature of employment.

9/21/2026