FIU Sr Analyst (Remote)

South State Bank•Winter Haven, FL

6d•$66,440 - $106,131•Remote

About The Position

The Financial Intelligence Unit (FIU) Analyst/Complex Customer Risk supports the Bank’s enterprise-wide BSA/AML/OFAC Program by performing up front and ongoing due diligence reviews of complex commercial customers using a variety of resources and tools to assess risk and recommend appropriate risk mitigation. The FIU Analyst/Complex Customer Risk must keep abreast of the current and emerging BSA/AML/OFAC regulations and financial crime trends and understand the Bank’s risk appetite to assist in managing and identifying higher risk accounts. It is the policy of SouthState Bank to comply with the Bank Secrecy Act (BSA), USA PATRIOT Act, and the requirements of the Office of Foreign Assets Control (OFAC), and other related anti-money laundering/ anti-terrorist financing initiatives. The Bank has established a Bank Secrecy Act/ Anti-Money Laundering/Office of Foreign Assets Control (BSA/AML/OFAC) Compliance Program, covering all requirements of the BSA, USA PATRIOT Act and OFAC rules and regulations. Upon completion of required training, the Board of Directors of SouthState Bank shall hold each employee accountable for adhering to the established operating procedures and internal controls as set forth in the Bank’s BSA/AML/OFAC Program. Continued instances of non-compliance or willful violation of law may result in disciplinary action, up to and including termination.

Requirements

Strong critical thinking, analytical and problem-solving skills
Ability to identify fraudulent, unusual and/or suspicious activity and understand when it needs to be escalated
Ability to perform a detailed analysis of accounts and relationships
Ability to work and thrive in a fast paced, high intensity, high demand and deadline driven environment
Self-motivated, dependable, adaptable, and detail-oriented with strong research and organizational skills
Ability to handle and accomplish multiple tasks and resolve competing priorities effectively
Proficient with PC work, including Microsoft Outlook, Word, Excel, PowerPoint, and other varying software if/as needed; knowledge of and ability to use internal bank systems a plus
Excellent oral and written communication skills
Ability to draft reports, prepare documents, and compose letters, memorandums, and business correspondence
Ability to interface with all business lines and legal entities and people of varying level, title and knowledge
Ability to read, analyze and interpret Federal and State banking regulations related to the Bank Secrecy Act and anti-money laundering
Education: Bachelor’s degree preferred
Experience: Minimum of 5 years related BSA/AML experience in a financial institution
Experience conducting investigations and enhanced due diligence at an advanced level
Experience monitoring, reviewing, and analyzing account activity in order to identify unusual or suspicious activity
Familiarity with complex customers such as third party payment processors, private equity/venture capital, institutional investors and FinTech
In-depth knowledge of BSA/AML regulations related to monitoring of higher risk customer relationships
Familiarity with various AML monitoring systems and commercial research databases
Strong understanding of bank operations including but not limited to navigating banking systems, understanding teller transactions and interpreting customer transactions
Must be able to remain seated or work standing in a confined area on a computer for a minimum of four (4) hours each workday.
Must be able to constantly use hands and fingers to enter data through or on a computer or answer a phone throughout most of an eight (8) hour shift.
Must be able to hear and communicate with coworkers and customers throughout the day.
Must be able to function in a professional, business office environment and act and dress appropriately for same, consistent with the Bank’s grooming and dress codes.
Must demonstrate excellent people skills with customers and coworkers.
Must be willing to function as a team member.
Must be willing to demonstrate commitment to South State Bank’s mission and goals.
Telecommuting roles no matter if hybrid or 100% full time telecommuting must have a secure home office environment that is free from background noise and distractions.
They must also have a reliable private internet connection that is not supplied by use of cellular data (hot spot).
Cable or fiber connections are preferred.
Remote work is not a substitute for child/dependent care.

Nice To Haves

CAMS (Certified Anti-Money Laundering Specialist) and/or CAFP (Certified AML and Fraud Professional) preferred

Responsibilities

Identify and mitigate risks associated with higher risk customers through scheduled reviews
Conduct investigations to address any irregularities and make recommendations as to whether or not additional action is warranted, including the filing of Unusual Activity Reports
Understand trends in underlying customer data and detect risks that warrant decisioning
Analyze new and existing business relationships to determine risk and provide recommendations for approval or denial
Analyze and document requests from Treasury Management, such as RDC and ACH origination
Assist in the creation and maintenance of case files documenting all information used in the review of certain higher risk industries
Provide recommendations on adding, retaining, or removing customers to/from the bank’s high risk customer monitoring process through collaboration with management
Escalate activity that meets the established criteria for investigating suspected fraudulent or problem accounts
Maintain proficiency in all aspects of BSA/AML compliance
Adhere to all provisions of South State Bank policies and procedures, including the confidentiality policy, code of ethics and BSA/AML/OFAC policies and procedures
Other duties and responsibilities may be assigned, according to the needs of the bank