BSA Analyst

Job Description

Job Description

BSA Analyst

About Central Bank of Kansas City

Central Bank of Kansas City (CBKC) is a $350 million nationally chartered community development financial institution (CDFI) dedicated to providing responsible and innovative financial solutions to individuals, families, and businesses. We partner with Central Payments to support fintech companies by empowering an array of embedded finance and prepaid card programs across the country.

Position Summary

The Bank Secrecy Act (BSA) Analyst supports the CDFI bank’s mission by ensuring strong compliance with federal and state anti–money laundering (AML) regulations while upholding the institution’s commitment to serving underserved communities. This role monitors and analyzes customer activity, investigates system‑generated alerts, and prepares required regulatory filings such as Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs). The BSA Analyst helps safeguard the bank from financial crime risk through thorough due diligence, accurate documentation, and collaboration with internal teams. In a CDFI environment, the analyst balances regulatory expectations with the bank’s community‑focused approach, contributing to a safe, transparent, and mission‑aligned financial ecosystem.

Key Responsibilities

The BSA Analyst will assist in the day-to-day responsibilities of the Bank’s BSA compliance program with complete accountability, transparency and continuity, including :

• Review and analyze customer transactions and identity information and review for potential suspicious activity, including alerts identified through the bank’s software programs, reports from employees, and other sources as available.
• Assist in program tuning, focusing on Fraud alerts and software efficacy.
• Monitor and review daily and monthly reports for suspicious activity and large cash transactions.
• Work effectively using multiple data sources, analytical tools and resources to research and investigate potentially unusual or suspicious activity, clear alerts or create cases.
• Document research and investigations and maintain according to regulatory recordkeeping guidelines.
• Assist in completing regulatory reports such as Currency Transaction Reports and Suspicious Activity Reports.
• Implement and conduct data validation projects and transaction testing within multiple systems used by the bank and determine correct steps for remediation and correction, when necessary.
• Assist in performing enhanced due diligence on customers.
• Assist in preparation for regulatory audits and / or examinations
• Participate in a team-oriented and collaborative environment to improve the bank’s processes and reduce bank risk.
• Work with the bank’s Fintech partners regarding BSA issues to support the compliance program.
• Maintaining a thorough understanding of current BSA / AML / OFAC laws and regulations.
• Attend webinars, conferences, and online training to comply with continuing education requirements.
• Other duties assigned may include quality control, procedure review and development.

Qualifications

The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Equal Opportunity Statement

Central Bank of Kansas City is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status. If you need an accommodation to apply for a position at Central Bank of Kansas City, please contact Human Resources.