• BSA Analyst II

    Job ID
    1600 Redbud Boulevard
    # of Openings
    City, State
  • Overview

    Independent Bank provides a wide range of commercial and consumer banking solutions powered by people who value lasting relationships and commitment to community. We are founded on the belief that we have a deep responsibility to solve problems and build healthy communities. Our unique brand of banking is delivered by dedicated employees, who share an honest desire to make a lasting and positive impact. Come join us!


    The BSA II- Foreign Risk Specialist will primarily be responsible to assist with daily tasks to insure the Bank is in compliance with all BSA related regulatory requirements and laws in regards to foreign entities, foreign individuals, and OFAC compliance. The Foreign Risk Specialist will also support special projects under the guidance of the BSA Supervisor and BSA/Compliance Officer.

    The BSA II- Foreign Risk Specialist assists in the implementation and administration of all aspects of the Bank Secrecy Act program and assists with various assignments supporting the Compliance Program of the Bank, under the guidance of the BSA Supervisor and BSA/Compliance Officer. This position performs various monitoring pertaining to the Bank Secrecy Act, USA Patriot Act, Anti-Money Laundering Program, OFAC, Customer Identification Program and Customer Due Diligence Program (Beneficial Ownership) compliance using industry standard and regulatory guidance to ensure the Bank’s compliance efforts are maintained on a daily basis. Assists the BSA/Compliance Officer and management in other areas of the Bank in ensuring department activities run smoothly and efficiently. The position of Foreign Risk Specialist is required to be fully knowledgeable and skilled in all areas of BSA compliance.

    The position requires a strong work ethic, the ability to prioritize and adapt to changing deadlines, advanced interpersonal skills, excellent communication, and the desire to work as a team to support the overall success of the Bank.
    The position also requires continuous exercise of judgment following broad guidelines. Ability to Identify and select complex choices of action where standard practices may not exist. Must be able to accommodate detailed work, problem solving, reasoning, presentations, analytical reasoning, training others and multiple concurrent tasks.


    • Performs all compliance functions necessary, within scope of authority and expertise to ensure all regulatory requirements are met
    • Monitor reports to identify trends, patterns and issues associated with money laundering and other suspicious transactions.
    • Responsible for ensuring Currency Transaction Reports (CTRs) and monetary instrument logs are received and filed within regulatory timelines.
    • Analyze AML software reports daily to detect & investigate potential suspicious activity, research accounts, coordinate with branch personnel and escalate any unresolved issues to management as necessary
    • Serve as a BSA Compliance resource by answering procedural and documentation inquiries from branch personnel regarding BSA/AML, OFAC, and CIP compliance regulations
    • Screen OFAC and 314(a) alerts and potential matches to ensure Independent Bank is not transacting business with individuals or organizations that have been identified by OFAC or FinCEN
    • Prepare and maintenance of work papers and reports related to each regulatory review, as well as, provide support and assist with annual BSA training, BSA reviews and audits, and implementation of new BSA compliance programs
    • Review, monitor, and follow-up on daily, quarterly, and yearly reports and audit findings
    • Monitor and track BSA/AML high risk customers and accounts
    • Responsible for daily, weekly, and monthly monitoring of the CIP Program to ensure compliance with regulatory requirements
    • Responsible for ongoing review and self-education of banking regulation changes related to BSA/AML, OFAC and the USA Patriot Act and notifying affected personnel of those changes in order to ensure the Bank is compliant with the regulation requirements
    • Coordinate and assist with the administration of and responses to all BSA related exams and audits and ensure all deficiencies are corrected in a timely manner
    • Assist with preparation and review of departmental policies and procedures
    • Assist with risk assessment review
    • Contribute to employee and Board member training program for BSA/AML and related regulations
    • Be knowledgeable of Independent Bank products, services, customers, geographic locations, and potential money laundering and terrorist financing risks associated with those activities
    • Demonstrate appropriate personal and interpersonal behavior, attitude, judgment, communication, and initiative when working with customers and Bank staff to ensure a high level of support to the overall management of the BSA program
    • Follow all instructions and perform other job related duties as required


    • College degree or equivalent work experience required
    • 3+ years BSA experience required
    • Bilingual is preferred
    • Excellent computer skills with knowledge of MS Office required
    • Must be detail oriented with excellent documentation and writing skills.
    • Experience in operating office equipment required
    • Excellent interpersonal and communication skills are a must
    • Some travel required
    • Demonstrate general knowledge of Bank Secrecy Act and OFAC related responsibilities in the performance of daily operations to ensure adherence to bank policies and compliance with all regulatory requirements



    Our unique brand of banking extends from the Gulf Coast of Texas to the Rocky Mountains. We are an $8 billion dollar community-centric institution providing a wide range of relationship-driven commercial banking products and services tailored to meet the needs of businesses, professional organizations, community groups and entrepreneurs. We also offer a full line of personal financial products and services to make banking easy for busy families and individuals.


    Principled financial decisions ~ Building strong, healthy communities ~ Leading with a courageous heart ~ Resilient Solutions ~ Thriving relationships

    The Bank provides capital and guidance to foster growth, bring new ideas to life, and energize local businesses. We accomplish these goals by funding projects such as medical facilities, warehouse space, and hospitality and education venues. By developing strong relationships and a deep understanding of your industry, our team offers a proactive approach to business banking.

    We continue to be named Best Bank within many of the communities we serve. Recently, Independent Bank was named a Community Bankers Cup winner for the fifth consecutive year; a Top 75 Producing Lender Nationwide; a Top 50 Performer by the Dallas Business Journal; and one of the Healthiest Employers in both North Texas and Central Texas.

    The Bank builds community on two fronts: by helping create economic development and by partnering within the community. It all begins by empowering our employees. We encourage our people to follow their passion and volunteer. And we back that up through formal giving programs.


    To make an impact on the communities we serve through high-performance, purpose-driven banking.


    To be considered for this position, you must at least meet the basic qualifications.


    No phone calls or direct e-mails please.


    Pre-employment background screening will be conducted.


    Independent Bank is an EEO/AA - M/F/Disability/Protected Veteran Status.


    Note: The job description does not constitute an employment agreement between the employer and employee. The above statements describe the general nature and level of work being performed within this classification. It is not designed to contain or be interpreted as a comprehensive list of all duties, responsibilities, and qualifications required of employees assigned to this job. If you require assistance at any stage of the employment application process due to a disability, please contact Human Resources at 214-544-4777.



    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed