BSA FIU Analyst II Lead Amarillo, Plano, Sugar Land

POSITION PURPOSE

Under the Direction of the FIU Manager, the BSA FIU Analyst II Lead is responsible for investigating cases referred or escalated through the Bank’s Transaction Monitoring System (TMS) for potential filing of Suspicious Activity Reports (SARs) and for performing Quality Assurance (QA) on work performed by BSA FIU Analysts. This role performs complex research and analysis of customer and transactional data to identify possible money laundering and / or terrorist financing.

The BSA FIU Analyst II Lead is responsible for complying with all aspects of the Bank Secrecy Act, USA PATRIOT Act, and OFAC as well as the Bank’s internal BSA / AML / OFAC policies and procedures. This role will serve as a subject matter expert on complex cases and as an advisor to BSA FIU Analysts in all areas related to the investigation and filing of Suspicious Activity Reports

• Provide mentoring and guidance to less experienced BSA Analysts performing transaction monitoring investigations
• Perform quality assurance reviews of investigations and approve case resolution
• Ensure assigned cases are completed accurately and timely
• Ensure timely filing of SARs and that narratives are in accordance with established guidelines and procedures
• Conduct new employee training on matters related to case investigations and SAR filing
• Analyze customer and transactional data to identify and report potential suspicious activity
• Perform in-depth research and detailed account analysis on alerted activity
• Prepare supporting documentation to support a decision to file or not file a Suspicious Activity Report (SAR)
• Maintain proficient knowledge of regulations, including but not limited to, Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and Office of Foreign Assets Control (OFAC)
• Correspond with business units and banking centers for clarification of the activities conducted by customers
• Identify and report trends to management
• Adhere to Bank policies and procedures
• Report any suspicious or unusual activity carried out by customers or associates
• Complete the annual BSA / AML and Compliance training
• Other duties as assigned by supervisor

The above statements describe the general nature and level of work only. They are not an exhaustive list of all required responsibilities, duties, and skills. Other duties may be added, or this job description amended at any time.

Education / Certification :

Minimum of five years BSA / AML-related banking experience

CAMS certification a plus

Knowledge of BSA, AML, and OFAC, with the ability to apply and explain regulatory concepts

Previous experience in Fraud investigations and detection a plus

Leadership or management experience.

Self- starter, capable of working under minimum supervision

Multi-tasker and able to meet deadlines in a high-pressure environment

Results oriented team player

Strong problem-solving ability

Strong interpersonal and verbal / written communication skills

Proficient in MS Office (Outlook / Word / Excel / PowerPoint)

Strong documentation skills

Adherence to controls and standards

Exceptional research and analytical skills

Monday - Friday 8 : 00 AM - 5 : 00 PM. 40 hours per week.