BSA AML Analyst III

Sunflower Bank NA•Scottsdale, AZ

1d•$70,000 - $80,000•Onsite

About The Position

Sunflower Bank, N.A. is experiencing great growth and is looking for an energetic, highly motivated individual to fill the position of BSA AML Analyst III in our Scottsdale, AZ location. The BSA AML Analyst III ensures due diligence is performed to comply with AML/KYC regulations and provides guidance and support to other BSA AML Analysts. Responsibilities include AMS alert clearing, Suspicious Activity Report (SAR) investigations, as well as other BSA Reporting and Recordkeeping requirements. This lead position is knowledgeable of all policies, procedures and regulations related to its job responsibilities. The position understands BSA, AML (Anti Money Laundering), and other regulatory policies and applies and explains regulatory concepts to serve as a resource across the company.

Requirements

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.
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.
At least two years of experience within a BSA, Fraud, and/or Audit environment.
Strong proficiency in Microsoft Office Suite products.
Strong oral and written communication skills.
Ability to quickly grasp business needs and objectives.
Extensive investigative and research skills with a strong focus on organization.
Ability to independently work on several projects at the same time.
Proven mathematical, planning, problem solving, and decision-making skills.

Nice To Haves

Certification such as Certified Anti-Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE), Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Regulatory Compliance Manager (CRCM), Project Management Professional (PMP), or other related certification.
Experience with Actimize or a similar automated monitoring system.
Experience with database management (SQL, Hyperion).

Responsibilities

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.