BSA FIU Analyst I (Full Time) - Amarillo, DFW or Sugar Land

Prosperity Bank; Plano (TX); On-site; USD 55,000 - 75,000; Full time

Job summary

Prosperity Bank seeks an analytical BSA FIU Analyst I in Plano (aming-to-dfw-or-sugar-land scope) to review alerts from the bank's monitoring system for potential money-laundering or terrorist financing activity.

The role requires in-depth research of customer and transactional data, adherence to BSA/AML/OFAC policies, and timely reporting. CAMS certification and Verafin experience are pluses; three years’ experience preferred.

Qualifications

• Minimum of three years BSA/AML banking experience.
• Knowledge of BSA/AML/OFAC regulations and CIP requirements.
• Experience with monitoring systems and transaction analysis is a plus.

Responsibilities

• Review alerts from the Transaction Monitoring System for potential suspicious activity.
• Conduct in-depth research and analysis of customer and transactional data.
• Escalate findings per policy and assist with documentation and reporting.
• Maintain QA standards and stay current with regulatory changes.
• Complete required BSA/AML training and adhere to controls and procedures.
• Communicate findings clearly with team and management.

Skills

Self-starter

Multi-tasking

Deadline-driven

Strong communication

Education

CAMS certification

Tools

Verafin (TMS)

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

BSA FIU Analyst I (Full Time) - Amarillo, DFW or Sugar Land

Full Time Analyst Preston Legacy Circle, Plano, TX, US

3 days ago Requisition ID: 11038

Prosperity Bank is an Equal Opportunity Employer.

POSITION PURPOSE

Under the Direction of the FIU Manager, the BSA FIU Analyst I is responsible for reviewing alerts identified by the Bank’s Transaction Monitoring System (TMS) for customers who may be conducting transactions to launder money or conduct terrorist financing. This role performs moderately complex research and analysis of customer and transactional data and escalated potential suspicious activity to the BSA FIU Analyst II. The BSA FIU I Analyst is responsible for complying with all aspects of the Bank Secrecy Act, USA PATRIOT Act, and OFAC as well as the Bank’s BSA/AML/OFAC policies and procedures.

ESSENTIAL FUNCTIONS AND BASIC DUTIES

• Analyze customer and transactional data to identify and report potential suspicious activity
• Perform in-depth research and detailed account analysis on alerted activity
• Maintain productivity and Quality Assurance (QA) standards
• Maintain proficient knowledge of regulations, including but not limited to, Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification (CIP), and Office of Foreign Assets Control (OFAC)
• Adhere to Bank policies and procedures
• Report any suspicious or unusual activity carried out by customers or associates
• Complete the annual BSA/AML and Compliance training
• Other duties as assigned by supervisor

The above statements describe the general nature and level of work only. They are not an exhaustive list of all required responsibilities, duties, and skills. Other duties may be added, or this job description amended at any time.

QUALIFICATIONS

Education/Certification:CAMS certification a plus

Required Knowledge:Knowledge of regulations, including but not limited to, Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification (CIP), and Office of Foreign Assets Control (OFAC)

Experience Required:Minimum of three years BSA/AML-related banking experience

Experience using Verafin (TMS) is a plus

Skills/Abilities:

Self- starter, capable of working under minimum supervision

Multi-tasker and 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

Proficientin MS Office (Outlook/Word/Excel/PowerPoint)

Strong documentation skills

Adherence to controls and standards

PHYSICAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

Talking: Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly.

Average Hearing: Able to hear average or normal conversations and receive ordinary information

Repetitive Motion: Movements frequently and regularly required using the wrists, hands, and/or fingers

Average Visual Abilities: Average, ordinary, visual acuity necessary to prepare or inspect documents or products, or operate machinery

Physical Strength: Sedentary work; sitting most of the time. Exerts up to 10 lbs. of force occasionally (Almost all office jobs.)

WORKING CONDITIONS

None: No hazardous or significantly unpleasant conditions (such as in a typical office)

MENTAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

Reasoning Ability: Ability to apply logical or scientific thinking to define problems, collect data establish facts and draw conclusions

Able to interpret a variety of technical instructions and can deal with multiple variables

Mathematics Ability: Ability to compute discount, interest, profit, and loss; commission markup and selling price; and ratio, proportion, and percentage. Able to perform very simple algebra.

Language Ability: Ability to read periodicals, journals, manuals, dictionaries, thesauruses, and encyclopedias

Ability to prepare business letters, proposals, summaries, and reports using prescribed format and conforming to all rules of punctuation, grammar, diction, and style

Ability to conduct training, communicates at panel discussions, and make professional presentations

Hours: Monday - Friday 8:00 AM - 5:00 PM.
40 hours per week