BSA Analyst
Posted 2025-08-15
Remote, USA
Full Time
Immediate Start
BSA Analyst
Department: Risk Management
Employment Type: Full Time
Location: Remote
Description
Grasshopper Bank is a client-first, digital bank built for the business and innovation economy, with an obsession for providing leading-edge technology, solutions-driven products and superior service through a combination of passionate people and digital resources.
We are a highly experienced team who pride ourselves on diversity of thought and perspective. Nationally chartered, our portfolio of products and services range from VC, PE & Portfolio Companies to SBA Lending, as well as direct SMB and Embedded Banking.
Our entrepreneurial drive allows us to support the growth and success of a wide range of clients at every stage of their business through inclusive partnership. We seek out team members who will enable both our organization and our people to grow and thrive through collaboration and acting with integrity and respect.
Our focus on cross-functional teamwork provides a culture where ideas are valued, accountability is encouraged, and successes are celebrated. We welcome all those searching for the opportunity to contribute to banking innovation that influences and supports the emerging digital world of Financial Services.
Our digital first approach enables our teams the flexibility to work remotely. We have offices in NYC and Boston.
What you'll do:
Exercising constant awareness and a keen attention to detail with regard to possible suspicious activity, as BSA Analyst you will be responsible for assisting with the day-to-day operations of the Risk Department to ensure compliance with the Bank Secrecy Act, Anti-Money Laundering Regulations, the U.S. Patriot Act and the Office of Foreign Asset Control. You will assist in the risk assessments and monitoring disclosures and procedures that meet regulatory requirements for our products and services. Your efforts will ensure Grasshopper remains in compliance with all applicable company policies and federal/state rules and regulations.
Responsibilities include:
• Analyze and review AML system generated alerts.
• Conduct Case Investigations
• Generate and assist with Suspicious Activity Reports (SARs) and Suspicious Activity Investigation Reports (SAIRs)
• OFAC Clearance and OFAC Testing
• Complete reviews on FinCEN 314(a)(b) reviews
• Review Risk Ratings & Complete EDD on High Risk Entities.
• Conduct BSA Escalation Reviews
• Conduct CIP Quality Control Reviews.
• Respond to BSA related questions from internal departments on a timely basis
• Other duties as assigned by the BSA Officer
What you need:
• 2+ years of work-related experience with Bank Secrecy Act
• Strong knowledge of AML/BSA/OFAC banking laws, regulations and practices.
• Broad knowledge of banking/financial services policies, procedures, processes, products and services.
• Working knowledge of examination/auditing processes, risk assessments and internal control identification.
• Excellent analytical and problem-solving skills.
• Strong verbal and written communication skills with various levels of staff and management.
• Proficient with Microsoft applications such as Word, Excel, PowerPoint, Outlook and ability to learn new systems.
• Ability to maintain a high level of confidentiality and integrity.
• Ability to work independently, prioritize tasks and meet deadlines.
• CAMS preferred.
• Bachelor’s degree from a college or university; or related training and/or experience. Apply tot his job
Department: Risk Management
Employment Type: Full Time
Location: Remote
Description
Grasshopper Bank is a client-first, digital bank built for the business and innovation economy, with an obsession for providing leading-edge technology, solutions-driven products and superior service through a combination of passionate people and digital resources.
We are a highly experienced team who pride ourselves on diversity of thought and perspective. Nationally chartered, our portfolio of products and services range from VC, PE & Portfolio Companies to SBA Lending, as well as direct SMB and Embedded Banking.
Our entrepreneurial drive allows us to support the growth and success of a wide range of clients at every stage of their business through inclusive partnership. We seek out team members who will enable both our organization and our people to grow and thrive through collaboration and acting with integrity and respect.
Our focus on cross-functional teamwork provides a culture where ideas are valued, accountability is encouraged, and successes are celebrated. We welcome all those searching for the opportunity to contribute to banking innovation that influences and supports the emerging digital world of Financial Services.
Our digital first approach enables our teams the flexibility to work remotely. We have offices in NYC and Boston.
What you'll do:
Exercising constant awareness and a keen attention to detail with regard to possible suspicious activity, as BSA Analyst you will be responsible for assisting with the day-to-day operations of the Risk Department to ensure compliance with the Bank Secrecy Act, Anti-Money Laundering Regulations, the U.S. Patriot Act and the Office of Foreign Asset Control. You will assist in the risk assessments and monitoring disclosures and procedures that meet regulatory requirements for our products and services. Your efforts will ensure Grasshopper remains in compliance with all applicable company policies and federal/state rules and regulations.
Responsibilities include:
• Analyze and review AML system generated alerts.
• Conduct Case Investigations
• Generate and assist with Suspicious Activity Reports (SARs) and Suspicious Activity Investigation Reports (SAIRs)
• OFAC Clearance and OFAC Testing
• Complete reviews on FinCEN 314(a)(b) reviews
• Review Risk Ratings & Complete EDD on High Risk Entities.
• Conduct BSA Escalation Reviews
• Conduct CIP Quality Control Reviews.
• Respond to BSA related questions from internal departments on a timely basis
• Other duties as assigned by the BSA Officer
What you need:
• 2+ years of work-related experience with Bank Secrecy Act
• Strong knowledge of AML/BSA/OFAC banking laws, regulations and practices.
• Broad knowledge of banking/financial services policies, procedures, processes, products and services.
• Working knowledge of examination/auditing processes, risk assessments and internal control identification.
• Excellent analytical and problem-solving skills.
• Strong verbal and written communication skills with various levels of staff and management.
• Proficient with Microsoft applications such as Word, Excel, PowerPoint, Outlook and ability to learn new systems.
• Ability to maintain a high level of confidentiality and integrity.
• Ability to work independently, prioritize tasks and meet deadlines.
• CAMS preferred.
• Bachelor’s degree from a college or university; or related training and/or experience. Apply tot his job