Sr Financial Crimes Analyst

External Candidates Only•Terrell, TX

About The Position

The Senior Financial Crimes Analyst is responsible with developing, implementing all aspects of the Financial Crimes Compliance Program which includes maintaining the Bank's compliance laws and regulations that affect its operations, as well as conducting monitoring to ensure ongoing compliance. Lead investigations of suspicious activity to pursue corrective actions and ensure completion of required filings. Collaborate in the development of the Bank's formal Financial Crimes program which includes processes for identifying customer who may be at high risk of being used to launder money or conduct terrorist financing. Directly responsible for the evaluation and decision to file suspicious activity reports and the review of high-risk customers while implementing the corporate directive regarding compliance with all related laws and regulations. Manage reporting systems to accurately reflect the Financial Crimes requirements. Review all reports received for suspicious activity monitoring and determine if the report parameters are appropriate for the banks risk position Analyze alerts escalated by the Financial Crimes Analysts that were received through the Financial Crimes system. Complete a suspicious activity report as needed Perform an analysis daily, monthly, and quarterly reports designed to detect suspicious activity to identify trends and unusual activity. Complete a suspicious activity report as needed. Review high-risk customers and complete a suspicious activity report as needed. Contact branch personnel regarding customers who are subject to investigations, to gather information as applicable for determining suspicious activity and account closure Identity patterns and trends consistent with Financial Crimes including fraudulent activities Assist with the annual completion of the Financial Crimes risk assessment Participate in efforts to identify and develop projects/initiatives which promote efficiencies and/or stronger control environments Recommend changes to Bank's policies, procedures, risk assessment, and monitoring programs in accordance with Financial Crime laws and regulations

Requirements

Bachelor's degree or equivalent education/work experience
7 years proficiency with all areas of Financial Crimes including Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP) and Office of Foreign Control (OFAC) regulations
9 years of banking experience
ACAMS (or other related certification) certified or willingness to achieve within first two years of employment
Working knowledge of Microsoft Excel and MS Word
Basic keyboarding and calculator skills
Must be able to do simple math and carry out written instructions
Work occasionally requires more than 40 hours per week to perform the essential functions of the position
Lifting in an office setting may be required up to 30lbs

Nice To Haves

Nasdaq Verafin system and Fraud experience

Responsibilities

Developing, implementing all aspects of the Financial Crimes Compliance Program
Maintaining the Bank's compliance laws and regulations
Conducting monitoring to ensure ongoing compliance
Lead investigations of suspicious activity
Pursue corrective actions
Ensure completion of required filings
Collaborate in the development of the Bank's formal Financial Crimes program
Identifying customer who may be at high risk of being used to launder money or conduct terrorist financing
Evaluation and decision to file suspicious activity reports
Review of high-risk customers
Implementing the corporate directive regarding compliance with all related laws and regulations
Manage reporting systems to accurately reflect the Financial Crimes requirements
Review all reports received for suspicious activity monitoring
Determine if the report parameters are appropriate for the banks risk position
Analyze alerts escalated by the Financial Crimes Analysts that were received through the Financial Crimes system
Complete a suspicious activity report as needed
Perform an analysis daily, monthly, and quarterly reports designed to detect suspicious activity to identify trends and unusual activity
Review high-risk customers
Contact branch personnel regarding customers who are subject to investigations, to gather information as applicable for determining suspicious activity and account closure
Identity patterns and trends consistent with Financial Crimes including fraudulent activities
Assist with the annual completion of the Financial Crimes risk assessment
Participate in efforts to identify and develop projects/initiatives which promote efficiencies and/or stronger control environments
Recommend changes to Bank's policies, procedures, risk assessment, and monitoring programs in accordance with Financial Crime laws and regulations