BSA AML Analyst III

Sunflower Bank; Dallas (TX); Hybrid; USD 70,000 - 80,000; Full time

Benefits offered by this job

401(k) Plan with 6% Match

Health/Dental/Vision Insurance

Paid Time Off

Tuition Reimbursement

Volunteer Leave

Fitness Reimbursement

Job summary

Sunflower Bank, N.A. seeks a BSA AML Analyst III in our Dallas, TX location to ensure due diligence and compliance with AML/KYC regulations across the enterprise.

In this lead-level role, you will clear AMS alerts, conduct SAR investigations, mentor junior analysts as needed, and apply bank policies with discretion while supporting audits and regulatory examinations. Responsibilities include staying current on BSA/AML laws, OFAC regulations, and related guidance; analyzing data trends,

Qualifications

• The applicant must have extensive knowledge of Bank Secrecy Act, US PATRIOT Act, Money Laundering Control Act, OFAC regulations, and related enforcement policies.
• The applicant must have a Bachelor’s degree in Finance, Accounting, Business, Management, Economics or similar, with consideration for significant banking experience in lieu of a degree.
• The applicant should have at least two years of experience within a BSA, Fraud, and/or Audit environment.
• The applicant should have professional certifications such as CAMS, CFE, CPA, CIA, CRCM, or PMP.

Responsibilities

• Adhere to applicable federal and state AML laws and guidance (BSA, US PATRIOT Act, FFIEC BSA/AML Manual).
• Demonstrate extensive banking and compliance knowledge in AML/KYC issues and identify suspicious patterns.
• Maintain knowledge of BSA and OFAC regulations; monitor developments and report to management.
• Ensure compliance with BSA/AML laws and communicate non-compliance.
• Assist in achieving satisfactory audit/exam results and remediation of findings.
• Partner with lines of business to ensure policy adherence and act as a BSA resource.
• Maintain internal documents (work instructions, FAQs) and participate in BSA areas as needed.
• Use deep investigative methods to identify risks on complex cases.

Skills

AML knowledge

Analytical skills

Communication

Investigative skills

Regulatory knowledge

Mathematical ability

Data analysis

Mentoring (lead)

Education

Bachelor’s degree in Finance, Accounting, Business, Management, Economics or similar

CAMS certification

CPA

Tools

Actimize

SQL

Hyperion

Job description

Description

At Sunflower Bank, N.A., we’re experiencing great growth. Since our founding in 1892, we've been committed to serving our communities and supporting the team members who make it all possible. As a full-service financial institution, we offer a full range of relationship-focused services to meet personal, business, and wealth-management financial objectives. Creating Possibility is not just our mission, it’s what we do every day for clients and associates. Learn more about Sunflower Bank at sunflowerbank.com.

Sunflower Bank, N.A. is looking for an energetic, highly motivated individual to fill the position of BSA AML Analyst III in our Dallas, TX location.

The BSA AML Analyst III ensures due diligence is performed to comply with AML/KYC regulations and provides guidance and support to other BSA AML Analysts. Responsibilities include AMS alert clearing, Suspicious Activity Report (SAR) investigations, as well as other BSA Reporting and Recordkeeping requirements. This lead position is knowledgeable of all policies, procedures and regulations related to its job responsibilities. The position understands BSA, AML (Anti Money Laundering), and other regulatory policies and applies and explains regulatory concepts to serve as a resource across the company.

The salary range for this position is $70,000 to $80,000 depending on knowledge, skills, abilities, experience, and location.

• Adhere to, comply with, and have an understanding of applicable federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e., BSA, US PATRIOT Act, FFIEC BSA/AML Examination Manual, etc.).
• Demonstrate extensive banking and compliance knowledge in working AML/KYC related issues, identify patterns and trends consistent with money laundering and terrorist financing, and have the ability to exercise sound judgment and to observe the highest degree of confidentiality in the handling of information received in the course of the job responsibilities.
• Maintain a current knowledge of the Bank Secrecy Act and all related anti-money laundering and OFAC regulations; monitor legislative and regulatory developments regarding the Bank Secrecy Act and report important compliance developments to the Bank board, management, and other bank personnel.
• Ensure compliance with BSA/AML related laws and regulations as well as understand company policies and procedures and assume responsibility for identifying and communicating non-compliance consistent with regulatory and corporate requirements.
• Assist in achieving and maintaining "satisfactory" results or better on all internal and external audits, exams, and reviews and assist with remediation of exceptions or findings.
• Partner with other lines of business to ensure policies and procedures are followed and act as a resource for BSA related questions or concerns.
• Assist in maintaining internal documents such as work instructions, job aids, FAQs and participate in other areas of BSA as needed.
• Use various deep investigative methods to perform independent decision-making identifying risks and trends to determine if account activity is suspicious on the most complex cases.
• Analyze system monitoring alerts to identify potential suspicious activity within a given timeframe, research and analyze large amounts of data, decipher higher risk attributes (e.g., transactional, geographical, product, customer type, etc.) and disposition appropriately.
• Follow established processes and workflows to determine when Suspicious Activity Reports need to be filed, validate data and prepare for eFiling.
• Assist with other BSA reporting and recordkeeping requirements as needed.

Education/Experience Preferred:

• The applicant must have extensive knowledge of Bank Secrecy Act, US PATRIOT Act, Money Laundering Control Act, Office of Foreign Asset Control regulations, strategies and enforcement policies, familiarity with key banking regulations and interpretations, knowledge of bank laws and operations, risk assessment and analysis.
• The applicant must have a Bachelor’s degree in Finance, Accounting, Business, Management, Economics or similar. Will consider experience in lieu of a degree, if the applicant has considerable experience working in various areas of banking such as accounting, operations, or internal auditing.
• The applicant should have at least two years of experience within a BSA, Fraud, and/or Audit environment.
• The applicant should have certification such as Certified Anti-Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE), Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Regulatory Compliance Manager (CRCM), Project Management Professional (PMP), or other related certification.
• The applicant must possess strong proficiency in Microsoft Office Suite products.
• The applicant must possess strong oral and written communication skills and have the ability to quickly grasp business needs and objectives.
• The applicant must possess extensive investigative and research skills with a strong focus on organization and the ability to independently work on several projects at the same time.
• The applicant must possess proven mathematical, planning, problem solving, and decision-making skills.
• The applicant should have experience with Actimize or a similar automated monitoring system.
• The applicant should have experience with database management (SQL, Hyperion).
• For management positions, the applicant must possess demonstrated ability to manage and mentor midlevel officers and staff, set and administer goals, and set professional performance objectives for self and staff.

Pay is dependent on knowledge, skills, abilities, experience, and location.

Working Conditions

The physical demands of this position require the ability to perform essential job functions with or without reasonable accommodation. Employees may spend extended periods sitting or standing, using hands to operate computers or other equipment, and reaching for work-related tasks. Regular walking may be required, along with occasional bending, stooping, kneeling, or climbing. The role may involve lifting or moving items weighing up to 10 pounds. Vision requirements include close and distance vision, color and peripheral vision, depth perception, and the ability to adjust focus.

Sunflower Bank Benefits

People choose to “bank” with us, but for those we serve, we’re more than a bank. We strive to be the financial backbone of their lives, and we know that starts with our team.

Our supportive culture empowers team members to grow and seize new opportunities. Like our namesake, the sunflower, we are:

• Rooted in Strength
• Propelled by Growth
• Individuals in a Great Whole
• Creating Possibility
• Community Focused

Associates enjoy outstanding benefits, including:

• 401(k) Plan with 6% Match
• Health/Dental/Vision Insurance
• Company-paid Life Insurance
• Tuition Reimbursement
• Fitness Reimbursement
• Paid Time Off
• Volunteer Leave
• Paid Holidays
• Plus many more associate perks & incentives!

You’ve never worked anyplace like Sunflower Bank!

EOE/AA: Minorities/Females/Disabled/Vets

Sunflower Bank, N.A. is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with a disability, sexual orientation, gender identity, or any other characteristic protected by law.

Open until filled; early application encouraged. This vacancy announcement may be used to fill similar positions within 90 days.

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