BSA/AML - SAM Cases Analyst II

Pathward, N.A.

3d•$17 - $28•Hybrid

About The Position

The Bank Secrecy Act (BSA) / Anti-Money Laundering (AML) – Suspicious Activity Monitoring (SAM) Case Analyst II serves as an experienced investigator responsible for independently managing complex alerts and cases, including higher‑risk customer activity, complex transaction patterns, and emerging financial crime typologies. This role requires advanced analytical judgment, strong SAR writing capabilities, while contributing to program enhancements and cross‑functional initiatives. Analysts at this level exercise independent judgment, serve as subject-matter resources within the team, and are expected to operate with minimal supervision while maintaining high standards of quality and regulatory compliance.

Requirements

Bachelor’s degree in a relevant field such as Finance, Criminal Justice, Business, or a related discipline.
Typically requires 3-4 years of relevant experience in BSA/AML investigations, financial crime analysis, or regulatory compliance.
Demonstrated expertise in SAR drafting, complex investigations, and transaction monitoring systems.
In‑depth knowledge of BSA/AML laws, USA PATRIOT Act requirements, OFAC sanctions, and related regulatory frameworks.
Strong analytical and problem‑solving skills with the ability to independently assess complex risk scenarios.
Excellent written, verbal, and presentation skills, with the ability to influence stakeholders and articulate risk clearly.
Ability to manage competing priorities, support operational improvements, and operate with minimal supervision.
Adaptable to evolving regulatory expectations, technologies, and business models.
Proficiency with transaction monitoring and case management platforms (e.g., Actimize, Verafin, or similar) and core banking or data analytics tools strongly preferred.

Nice To Haves

Certified Anti-Money Laundering Specialist (CAMS)
Certified Financial Crime Specialist (CFCS)
Certified Fraud Examiner (CFE)
Experience in banking, fintech, payments, merchant acquiring, money transmission, or digital wallets highly desirable.

Responsibilities

Independently investigate and resolve complex alerts and cases, including in‑depth analysis of transaction flows, payment behaviors, and customer activity across multiple products and platforms.
Prepare, review, and file Suspicious Activity Reports (SARs), ensuring high‑quality narratives, clear articulation of suspicion, and robust supporting documentation.
Support KYC, onboarding, and customer risk matters, including complex or escalated cases.
Identify investigative trends and contribute to the tuning and optimization of transaction monitoring rules and scenarios to reduce false positives while maintaining detection effectiveness.
Serve as a subject‑matter resource on investigative techniques, SAR quality, and regulatory expectations.
Provide informal mentorship and guidance to Analyst I staff, including SAR narrative review, investigative coaching, and quality feedback.
Support FinCEN 314(a) and 314(b) information sharing requests, law enforcement inquiries, and subpoena/legal process responses in coordination with Legal and Compliance.
Maintain current knowledge of BSA/AML and OFAC regulations, FinCEN guidance, and evolving financial crime typologies relevant to payments, merchant acquiring, and fintech activities.
Consistently meet or exceed production, quality, and leadership expectations across assigned workstreams.
Perform other duties as assigned to support the BSA/AML-SAM Operations Team.