Job Description
Summary The BSA Financial Crimes Investigation Analyst II is responsible for the ongoing review of system-generated transaction monitoring reports and investigating situations involving unusual or suspicious activity of more complex transactions. The BSA Financial Crimes Investigation Analyst II will review, maintain, and update data in other areas of compliance related to the BSA (Bank Secrecy Act) and other AML (anti-money laundering) laws and regulations, and may serve as a trainer and mentor to BSA Financial Crimes Investigation Analyst I.
Responsibilities - Maintain and organize a high volume of case documentation, including bank statements, transaction images, and account opening documents.
- Manage recommendations and filings of Suspicious Activity Reports, including meeting all filing deadlines and maintaining related documentation in accordance with BSA recordkeeping requirements.
- Meet high volume of case review deadlines and SAR filing deadlines.
- Prepare written suspicious activity report (SAR) recommendations on case investigations.
- Investigate accounts and make recommendations to either clear or to further investigate.
- Make sound subjective decisions when suspicious activity is detected and document decisions accurately.
- Review subpoenas and other court orders to determine if BSA/AML investigations should be opened on related accounts.
- Participate in a Peer driven Quality Control review of all suspicious activity report (SAR) recommendations.
- Maintain a 94% or higher Quality Control score per month.
- Actively participate in career development, 1:1's, department meetings and complete other specified duties related to BSA compliance as may be assigned.
- Attend BSA/AML compliance training sessions to maintain current knowledge of industry best practices, laws, regulations, policies, and procedures applicable to BSA/AML/CFT.
- Conduct all duties in compliance with applicable laws, regulations, and Bank policies and procedures.
- Contact branch associates and other business units for clarification of client activity, as needed, while maintaining client information in complete confidence.
- Make sound, risk-based conclusions and recommendations to clear activity or conduct additional monitoring.
- Understand, communicate, and instill the Company's mission, vision, and values (Pillars of Success).
- Complete monthly training in a timely manner to ensure knowledge of bank regulatory requirements, policies, and procedures.
- Working at the worksite during regular business hours and/or assigned hours.
- Other specified duties as assigned.
Compensation & Benefits The BSA FCI Analyst II position pays a minimum of $55,000.
Full-time associates are eligible for our benefits package:
- Medical
- Dental
- Vision
- 401(k) plan
- Company paid life insurance
- Short and Long-term disability insurance
- Company paid vacation, paid leave and holidays
This position will remain open until a qualified applicant is hired.
Skills - Ability to work with complex concepts with minimal assistance.
- Ability to be adaptable and flexible while responding to deadlines on assignments and workflow fluctuations in a multi-task, high-volume environment.
- Ability to establish working relationships with branch associates and other business units as well as maintain effective working relationships externally.
- Ability to handle confidential information in a mature and professional manner.
- Ability to identify potentially suspicious client activity.
- Excellent interpersonal, oral, and written communication skills.
- Excellent time management skills with the ability to work both independently and as a member of a team.
- Focus, attention to detail, problem-solving skills, and a strong attitude in favor of high-quality work.
- Proficient in Microsoft Word and Excel.
- Self-motivated and results oriented.
- Strong organizational skills.
Education & Experience - Bachelor's degree in business administration or related major or relevant work experience, required.
- Two years of investigations experience in BSA/AML compliance, preferred.
- Good understanding of banking or financial business operations and systems.
- Experience making quick, high-quality decisions on more complex issues.
- Ability to manage and conduct logical investigations.
Physical Requirements The work environment is typical of a standard office or retail banking setting. The position is sedentary, involving sitting most of the workday; however, the position will involve moving about the workspace to reach entrances/exits, restrooms, conference rooms, or other areas within the work environment. Reaching may be required involving the ability to move arms in any direction. Office equipment, such as a computer and telephone, will be used requiring the ability to manipulate a keyboard, mouse, and/or keypad. The ability to decipher a computer screen or written documents is necessary. The ability to express or exchange ideas; impart information to clients, coworkers, or the public; or to convey detailed or important instructions; is required. The ability to receive and understand detailed information shared through oral or written communication is required. Position requires lifting and/or the exerting of up to 10 pounds of force.
Job Tags
Full time, Temporary work, Work experience placement, Work at office, Flexible hours,