BSA FIU Analyst I (Full Time) - Amarillo, DFW or Sugar Land

POSITION PURPOSE

Under the Direction of the FIU Manager, the BSA FIU Analyst I is responsible for reviewing alerts identified by the Bank’s Transaction Monitoring System (TMS) for customers who may be conducting transactions to launder money or conduct terrorist financing. This role performs moderately complex research and analysis of customer and transactional data and escalated potential suspicious activity to the BSA FIU Analyst II. The BSA FIU I Analyst is responsible for complying with all aspects of the Bank Secrecy Act, USA PATRIOT Act, and OFAC as well as the Bank’s BSA/AML/OFAC  policies and procedures.  

ESSENTIAL FUNCTIONS AND BASIC DUTIES

1. Analyze customer and transactional data to identify and report potential suspicious activity
2. Perform in-depth research and detailed account analysis on alerted activity
3. Maintain productivity and Quality Assurance (QA) standards 
4. Maintain proficient knowledge of regulations, including but not limited to, Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification (CIP), and Office of Foreign Assets Control (OFAC)
5. Adhere to Bank policies and procedures
6. Report any suspicious or unusual activity carried out by customers or associates
7. Complete the annual BSA/AML and Compliance training
8. 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.

QUALIFICATIONS

Education/Certification: CAMS certification a plus

Required Knowledge: Knowledge of regulations, including but not limited to, Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification (CIP), and Office of Foreign Assets Control (OFAC)

Experience Required: Minimum of three years BSA/AML-related banking experience 

Experience using Verafin (TMS) is a plus

Skills/Abilities:                  

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

Exceptional research and analytical skills

Strong interpersonal and verbal/written communication skills

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

Strong documentation skills

Adherence to controls and standards 

PHYSICAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

Talking: Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly. 

Average Hearing: Able to hear average or normal conversations and receive ordinary information

Repetitive Motion: Movements frequently and regularly required using the wrists, hands, and/or fingers

Average Visual Abilities: Average, ordinary, visual acuity necessary to prepare or inspect documents or products, or operate machinery

Physical Strength: Sedentary work; sitting most of the time.  Exerts up to 10 lbs. of force occasionally (Almost all office jobs.)

WORKING CONDITIONS

None: No hazardous or significantly unpleasant conditions (such as in a typical office)

MENTAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

Reasoning Ability: Ability to apply logical or scientific thinking to define problems, collect data establish facts and draw conclusions

Able to interpret a variety of technical instructions and can deal with multiple variables

Mathematics Ability: Ability to compute discount, interest, profit, and loss; commission markup and selling price; and ratio, proportion, and percentage. Able to perform very simple algebra.

Language Ability: Ability to read periodicals, journals, manuals, dictionaries, thesauruses, and encyclopedias

Ability to prepare business letters, proposals, summaries, and reports using prescribed format and conforming to all rules of punctuation, grammar, diction, and style

Ability to conduct training, communicates at panel discussions, and make professional presentations