Compliance Investigative Analyst

Sutton Bank • Tampa, FL

11h • 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 analyst is responsible for reviewing transaction monitoring alerts, program manager reports/escalations, and internal referrals, and escalating unusual activity for further investigation. This role requires a strong understanding of BSA/AML regulations and financial crime activity.

Requirements

• Bachelor's degree.
• Three years of BSA/AML, fraud, SAR writing experience or equivalent banking experience in other related area of banking required.
• Thorough knowledge of banking laws and regulations.
• 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.
• Experience preferably in a commercial bank.

Responsibilities

• 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