BSA/AML Investigator II — SAR Writer & Analytics

Socket.dev; Town of Texas (WI); On-site; USD 70,000 - 95,000; Full time

Job summary

Prosperity Bank is seeking a BSA FIU Analyst II to investigate cases referred through the Bank’s Transaction Monitoring System and assess potential filings of SARs. You will perform in-depth research of customer and transactional data to detect money laundering or terrorist financing.

Under the FIU Manager, you will maintain current knowledge of BSA/AML/OFAC regulations, prepare documentation to support SAR decisions, and coordinate with business units for clarification.

Qualifications

• CAMS certification is a plus
• Minimum of three years BSA/AML-related banking experience
• SAR writing experience is required
• Knowledge of BSA, AML, and OFAC with ability to apply and explain regulatory concepts
• Self-starter capable of working under minimum supervision
• Multi-tasker able to meet deadlines in a high-pressure environment
• Results-oriented team player
• Strong problem-solving ability
• Exceptional research and analytical skills
• Strong interpersonal and verbal/written communication skills
• Proficient in MS Office (Outlook/Word/Excel/PowerPoint)
• Strong documentation skills
• Adherence to controls and standards

Responsibilities

• Analyze customer and transactional data to identify and report potential suspicious activity
• Perform in-depth research and detailed account analysis on alerted activity
• Prepare supporting documentation to support a decision to file or not file a SAR
• Maintain knowledge of BSA/AML/OFAC regulations
• Correspond with business units for clarification of customer activities
• Identify and report trends to management
• Adhere to Bank policies and procedures
• Report any suspicious or unusual activity by customers or associates
• Complete annual BSA/AML and Compliance training
• Other duties as assigned by supervisor

Job description

Prosperity Bank is seeking a BSA FIU Analyst II to investigate cases referred through the Bank’s Transaction Monitoring System and assess potential filings of SARs. You will perform in-depth research of customer and transactional data to detect money laundering or terrorist financing.

Under the FIU Manager, you will maintain current knowledge of BSA/AML/OFAC regulations, prepare documentation to support SAR decisions, and coordinate with business units for clarification.