BSA/AML Case Analyst
About the position
The BSA/AML Case Analyst is responsible for conducting and dispositioning mid-risk and continuation case investigations using a risk-based approach within Verafin, performing detailed research and documentation to determine whether activity can be mitigated or requires a SAR filing. This role includes writing SARs, escalating high-risk cases to leadership, and ensuring thorough record retention for audits and regulatory reviews. This opportunity is open to flexible work options including a hybrid or remote set up.
Responsibilities
• Investigate Tier 1 Cases and manual referrals using Verafin’s BSA/AML monitoring system, incorporating internet research, database queries, negative media screening, and internal system reviews.
• Determine whether identified activity is suspicious, and if so, assess the level of BSA/AML risk.
• Provide recommendations to management on whether activity should be escalated for law enforcement referral or reviewed for potential account closure.
• Coordinate with various business lines including Retail Banking, Business Banking, Fraud, Legal, and Regulatory Compliance, to gather supporting information and properly disposition cases.
• Issue Requests for Information (RFIs) to internal business partners in Retail Banking, to validate or substantiate member activity.
• Write and submit Suspicious Activity Reports (SARs) and Continuing Activity SARs within Verafin, ensuring accuracy and compliance with FinCEN requirements and internal deadlines.
• Escalate any high-risk cases (e.g., terrorism, human trafficking, negative media, employee account concerns) immediately to the BSA/AML Compliance Officer or Assistant Manager BSA/AML High Risk Operations.
• Assist in processing 314(a) and 314(b) information-sharing requests in accordance with FinCEN guidelines, including validating request legitimacy and documenting all shared information.
• Provide subject matter expertise and training support to junior analysts, specialists, or contractors.
• Stay current on regulatory developments and participate in ongoing BSA/AML training.
• Support the BSA/AML Compliance Officer in ensuring FourLeaf’s compliance and reducing risk exposure.
• Perform additional duties or special projects as assigned by management in support of the BSA/AML program and broader compliance functions.
Requirements
• Bachelor’s Degree preferred or equivalent experience.
• 3+ Years of experience working in a relevant field (i.e. BSA/AML, law enforcement, fraud, forensic accounting, or financial crime compliance) required.
• At least 1 year of previous SAR writing experience required.
• CAMS or qualified to apply and obtain CAMS certification within 6 months.
Nice-to-haves
• Verafin and Fiserv DNA experience (a plus, not required).
Benefits
• medical, dental, and vision coverage
• life and disability insurance
• voluntary benefit programs
• a 401(k) plan with employer match
• reimbursement and wellness programs
• an annual performance-based bonus
• Competitive 401(k)
• Tuition and fitness reimbursement programs
• Flexible work options
• Volunteer opportunities
• Executive “Water Cooler Chats”
• Clubs, sports, and social events
• Food truck days
Apply Now
Apply Now
The BSA/AML Case Analyst is responsible for conducting and dispositioning mid-risk and continuation case investigations using a risk-based approach within Verafin, performing detailed research and documentation to determine whether activity can be mitigated or requires a SAR filing. This role includes writing SARs, escalating high-risk cases to leadership, and ensuring thorough record retention for audits and regulatory reviews. This opportunity is open to flexible work options including a hybrid or remote set up.
Responsibilities
• Investigate Tier 1 Cases and manual referrals using Verafin’s BSA/AML monitoring system, incorporating internet research, database queries, negative media screening, and internal system reviews.
• Determine whether identified activity is suspicious, and if so, assess the level of BSA/AML risk.
• Provide recommendations to management on whether activity should be escalated for law enforcement referral or reviewed for potential account closure.
• Coordinate with various business lines including Retail Banking, Business Banking, Fraud, Legal, and Regulatory Compliance, to gather supporting information and properly disposition cases.
• Issue Requests for Information (RFIs) to internal business partners in Retail Banking, to validate or substantiate member activity.
• Write and submit Suspicious Activity Reports (SARs) and Continuing Activity SARs within Verafin, ensuring accuracy and compliance with FinCEN requirements and internal deadlines.
• Escalate any high-risk cases (e.g., terrorism, human trafficking, negative media, employee account concerns) immediately to the BSA/AML Compliance Officer or Assistant Manager BSA/AML High Risk Operations.
• Assist in processing 314(a) and 314(b) information-sharing requests in accordance with FinCEN guidelines, including validating request legitimacy and documenting all shared information.
• Provide subject matter expertise and training support to junior analysts, specialists, or contractors.
• Stay current on regulatory developments and participate in ongoing BSA/AML training.
• Support the BSA/AML Compliance Officer in ensuring FourLeaf’s compliance and reducing risk exposure.
• Perform additional duties or special projects as assigned by management in support of the BSA/AML program and broader compliance functions.
Requirements
• Bachelor’s Degree preferred or equivalent experience.
• 3+ Years of experience working in a relevant field (i.e. BSA/AML, law enforcement, fraud, forensic accounting, or financial crime compliance) required.
• At least 1 year of previous SAR writing experience required.
• CAMS or qualified to apply and obtain CAMS certification within 6 months.
Nice-to-haves
• Verafin and Fiserv DNA experience (a plus, not required).
Benefits
• medical, dental, and vision coverage
• life and disability insurance
• voluntary benefit programs
• a 401(k) plan with employer match
• reimbursement and wellness programs
• an annual performance-based bonus
• Competitive 401(k)
• Tuition and fitness reimbursement programs
• Flexible work options
• Volunteer opportunities
• Executive “Water Cooler Chats”
• Clubs, sports, and social events
• Food truck days
Apply Now
Apply Now