BSA Analyst I

Hilltop Holdings•McAllen, TX

About The Position

PlainsCapital Bank is currently looking to hire an entry level BSA Analyst. This BSA Analyst monitors compliance with Bank policy, Bank Secrecy Act (BSA), and other related laws and regulations such as OFAC, Anti-Money Laundering (AML), and USA PATRIOT Act. Identifies and reviews deposit and loan accounts for suspicious activity. Executes internal controls, policies, and procedures to ensure effective compliance.

Requirements

Bachelor’s degree in business or related field OR combination of equivalent relevant work experience and high school diploma, GED, or equivalent required.
2 years of experience in banking or related field with good working knowledge of bank operations, BSA/AML and related laws and regulations strongly preferred.
Must have strong understanding of general business finance principles (e.g. credits/debits, tax returns, financial statements).
Must have the ability to present ideas and findings succinctly and in a timely manner.
Strong analytical, time management, organizational and problem-solving skills with the ability to multi-task and work in a deadline-driven environment.
Must be self-motivated team player with strong attention to detail, high level of accountability, and the ability to work independently.
Strong computer skills, specifically with Microsoft Office suite of products, and the ability to learn and utilize custom banking systems and applications. Must be proficient in Excel with the ability to build and create reports and formulas.
Excellent verbal, written, and interpersonal communication skills with the ability to interact with all levels of Bank personnel.

Responsibilities

Investigates referrals of potential suspicious account activity to determine and recommend appropriate resolution (e.g., completion of a SAR, exit relationship, continued monitoring). Contacts account officers to obtain documentation and/or information necessary to complete the account analysis.
Assists in the identification, risk assessment, and on-going monitoring of higher risk accounts to detect suspicious activity.
Leverages critical thinking and analysis to perform effective investigations and make effective decisions.
Maintains current knowledge of BSA/AML related rules and regulations and financial crime trends.
Assists with ad-hoc special projects as needed.
Other duties and responsibilities as required