Compliance Investigative Analyst

Sutton Bank • Tampa, FL

1d • Onsite

About The Position

The day-to-day responsibilities of this role are heavily focused on the pre-paid card program area, as well as core banking responsibilities as necessary. The role is responsible for reviewing transaction monitoring alerts, program manager reports/escalations, and internal referrals, and escalating unusual activity for further investigation. The Compliance Investigative Analyst identifies, investigates, researches, and documents transactional analysis findings involving unusual activity or trends. This role prepares and files Suspicious Activity Reports (SARs) and Continuation SARS (CSARs) as necessary. The analyst manages a caseload of investigations for prepaid card and core banking products, performing complex analysis of account activities and completing investigations from beginning to completion according to Sutton Bank's AML procedures and policies. The role also acts as a liaison with various law enforcement agencies, responding to law enforcement related inquiries including Subpoenas and Search Warrants. Additionally, the analyst assists with 314a, Subpoenas, 314b participant requests, and other BSA/AML related escalations, fraud instances, requests, or inquiries. The role may interact with bank examiners, internal auditors, and compliance personnel during BSA and AML related audits and examinations. The analyst reviews system generated alerts and escalates where necessary to assess the presence of illicit activity that may require reporting based on BSA/AML requirements.

Requirements

• Bachelor's degree.
• Three years of BSA/AML, fraud, SAR writing experience or equivalent banking experience in other related area of banking required; preferably in a commercial bank with thorough knowledge of banking laws and regulations and understanding of financial services in a regulatory and compliance environment.
• Demonstration and application of core knowledge of money laundering patterns, BSA and Patriot Act, financial crime activity and other compliance regulations is required.

Nice To Haves

• CAMS, CFE or related certification preferred.
• Equivalent combination of education and experience.

Responsibilities

• Reviews transaction monitoring alerts, program manager reports/escalations and internal referrals and escalating unusual activity to case for further investigation.
• Identifies, investigates, researches and documents transactional analysis findings involving unusual activity or trends.
• Prepares and files Suspicious Activity Reports (SARs) and Continuation SARS (CSARs) as necessary.
• Manages a caseload of investigations for prepaid card and core banking products, by performing a complex analysis of account activities.
• Completes investigations from beginning to completion according to Sutton Bank's AML procedures and policies.
• Acts as a liaison with various law enforcement agencies; responds to law enforcement related inquiries including Subpoenas and Search Warrants.
• Assists with 314a, Subpoenas, 314b participant requests and other BSA/AML related escalations, fraud instances, requests or inquiries.
• Interacts with bank examiners, internal auditors, and compliance personnel during BSA and AML related audits and examinations, if necessary.
• Reviews system generated alerts, and escalating where necessary, to assess the presence of illicit activity that may require reporting based on BSA/AML requirements.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level