BSA/AML Compliance Analyst - To 75K - Houston, TX - Job 3778

The Symicor Group•Houston, TX

20h•Onsite

About The Position

The Symicor Group is seeking a BSA/AML Compliance Analyst for their bank client in the Houston, TX area. This role is responsible for performing BSA/AML activity monitoring, analytics, and reporting. The position offers a competitive salary of up to $75K and a full benefits package. This is not a remote position.

Requirements

5+ years of related experience with emphasis on BSA transaction monitoring
Knowledgeable of the laws applicable to money laundering, including the Bank Secrecy Act, the US Patriot Act, OFAC, and Suspicious Activity Reporting
Strong analytical skills are required to organize and analyze multiple, complete data sets as well as strong interpersonal and organizational skills
Excellent attention to detail and “follow through” skills
Strong technical and research skills and Excel skills
Excellent writing, analytical, and communication skills
Ability to understand and draw conclusions from research conducted
Must have an ongoing sense of urgency and a high level of flexibility
Maintains current on BSA/AML/OFAC news and events as well as regulatory updates.
PC proficiency with Microsoft Office products including Word and Excel and knowledge of Database and Internet software.

Nice To Haves

CAMS or CRCM certification is preferred.

Responsibilities

Handle the more complex, higher-risk customers and alert types.
Perform and document sufficient KYC/CDD Information to effectively support alert resolution.
Conduct a detailed review of alerted transactions to identify if activity is commensurate with customer relationship based on KYC/CDD information available.
Apply technical knowledge to accurately assess the transactional activity by identifying risks, patterns and trends that could be related to money laundering and terrorist financing.
Utilize internal systems, databases available, and internet research to gather information needed to support analysis and draw conclusions related to transactional activity.
Prepare a write-up that adequately supports conclusions as to “why” the activity is reasonable for the customer or provide recommendations to escalate potential suspicious activity (as needed).
Adhere to confidential policies, code of ethics, and follow policies and procedures relative to BSA/AML laws and regulations and best practices.
Address feedback received from QC functions and incorporate into future work products.
Other duties as assigned by the Chief BSA/AML/OFAC Officer.