BSA AML Analyst III

Description

At Sunflower Bank, N.A., we’re experiencing great growth. Since our founding in 1892, we've been committed to serving our communities and supporting the team members who make it all possible. As a full-service financial institution, we offer a full range of relationship-focused services to meet personal, business, and wealth-management financial objectives. Creating Possibility is not just our mission, it’s what we do every day for clients and associates.

Learn more about Sunflower Bank at

Full-time

Sunflower Bank, N.A. is looking for an energetic, highly motivated individual to fill the position of BSA AML Analyst III in our Dallas, TX location.

• Adhere to, comply with, and have an understanding of applicable federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e., BSA, US PATRIOT Act, FFIEC BSA/AML Examination Manual, etc.).
• Demonstrate extensive banking and compliance knowledge in working AML/KYC related issues, identify patterns and trends consistent with money laundering and terrorist financing, and have the ability to exercise sound judgment and to observe the highest degree of confidentiality in the handling of information received in the course of the job responsibilities.
• Maintain a current knowledge of the Bank Secrecy Act and all related anti-money laundering and OFAC regulations; monitor legislative and regulatory developments regarding the Bank Secrecy Act and report important compliance developments to the Bank board, management, and other bank personnel.
• Ensure compliance with BSA/AML related laws and regulations as well as understand company policies and procedures and assume responsibility for identifying and communicating non-compliance consistent with regulatory and corporate requirements.
• Assist in achieving and maintaining "satisfactory" results or better on all internal and external audits, exams, and reviews and assist with remediation of exceptions or findings.
• Partner with other lines of business to ensure policies and procedures are followed and act as a resource for BSA related questions or concerns.
• Assist in maintaining internal documents such as work instructions, job aids, FAQs and participate in other areas of BSA as needed.
• Use various deep investigative methods to perform independent decision-making identifying risks and trends to determine if account activity is suspicious on the most complex cases.
• Analyze system monitoring alerts to identify potential suspicious activity within a given timeframe, research and analyze large amounts of data, decipher higher risk attributes (e.g., transactional, geographical, product, customer type, etc.) and disposition appropriately.
• Follow established processes and workflows to determine when Suspicious Activity Reports need to be filed, validate data and prepare for eFiling.
• Assist with other BSA reporting and recordkeeping requirements as needed.

The salary range for this position is $70,000 to $80,000 depending on knowledge, skills, abilities, experience, and location.

• The applicant must have extensive knowledge of Bank Secrecy Act, US PATRIOT Act, Money Laundering Control Act, Office of Foreign Asset Control regulations, strategies and enforcement policies, familiarity with key banking regulations and interpretations, knowledge of bank laws and operations, risk assessment and analysis.
• The applicant must have a Bachelor’s degree in Finance, Accounting, Business, Management, Economics or similar. Will consider experience in lieu of a degree, if the applicant has considerable experience working in various areas of banking such as accounting, operations, or internal auditing.
• The applicant…