BSA FIU Analyst II Lead (Full Time)-Amarillo, Plano, Sugar Land

Prosperity Bank • Plano, TX

4d

About The Position

Under the Direction of the FIU Manager, the BSA FIU Analyst II Lead is responsible for investigating cases referred or escalated through the Bank’s Transaction Monitoring System (TMS) for potential filing of Suspicious Activity Reports (SARs) and for performing Quality Assurance (QA) on work performed by BSA FIU Analysts. This role performs complex research and analysis of customer and transactional data to identify possible money laundering and/or terrorist financing. The BSA FIU Analyst II Lead is responsible for complying with all aspects of the Bank Secrecy Act, USA PATRIOT Act, and OFAC as well as the Bank’s internal BSA/AML/OFAC policies and procedures. This role will serve as a subject matter expert on complex cases and as an advisor to BSA FIU Analysts in all areas related to the investigation and filing of Suspicious Activity Reports

Requirements

• Minimum of five years BSA/AML-related banking experience
• Knowledge of BSA, AML, and OFAC, with the ability to apply and explain regulatory concepts
• Previous experience in Fraud investigations and detection a plus
• Leadership or management experience.
• 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
• Strong interpersonal and verbal/written communication skills
• Proficient in MS Office (Outlook/Word/Excel/PowerPoint)
• Strong documentation skills
• Adherence to controls and standards
• Exceptional research and analytical skills

Nice To Haves

• CAMS certification a plus
• Previous experience in Fraud investigations and detection a plus

Responsibilities

• Provide mentoring and guidance to less experienced BSA Analysts performing transaction monitoring investigations
• Perform quality assurance reviews of investigations and approve case resolution
• Ensure assigned cases are completed accurately and timely
• Ensure timely filing of SARs and that narratives are in accordance with established guidelines and procedures
• Conduct new employee training on matters related to case investigations and SAR filing
• Analyze customer and transactional data to identify and report potential suspicious activity
• Perform in-depth research and detailed account analysis on alerted activity
• Prepare supporting documentation to support a decision to file or not file a Suspicious Activity Report (SAR)
• Maintain proficient knowledge of regulations, including but not limited to, Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and Office of Foreign Assets Control (OFAC)
• Correspond with business units and banking centers for clarification of the activities conducted by customers
• Identify and report trends to management
• Adhere to Bank policies and procedures
• Report any suspicious or unusual activity carried out by customers or associates
• Complete the annual BSA/AML and Compliance training
• Other duties as assigned by supervisor

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 1,001-5,000 employees