BSA FIU II Analyst (Full Time) - Amarillo, Plano or Sugar Land

Prosperity Bank and Trust Co; Plano (TX); On-site; USD 70,000 - 90,000; Full time

Job summary

Prosperity Bank is seeking a BSA FIU Analyst II for full-time work in Plano/Sugar Land/Amarillo. You will investigate potential money laundering and terrorist financing activity, analyze data, and prepare SAR documentation.

Required are three years of BSA/AML banking experience and SAR writing; CAMS certification is a plus. Strong analytical, communication, and MS Office skills are essential for success in this role.

Qualifications

• Minimum of three years BSA/AML banking experience.
• SAR writing experience is required.
• Knowledge of BSA, AML, and OFAC regulations.
• Excellent analytical and research skills.
• Strong written and verbal communication abilities.

Responsibilities

• Analyze customer and transactional data to identify suspicious activity.
• Prepare documentation to support SAR filing decisions.
• Maintain knowledge of BSA/AML/OFAC regulations.
• Coordinate with business units for clarification on activities.
• Identify trends and report to management.
• Complete annual BSA/AML and Compliance training.
• Adhere to internal controls and policies.

Skills

BSA/AML experience

SAR writing

Regulatory knowledge

Analytical thinking

MS Office proficiency

Education

CAMS certification

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 II Analyst (Full Time) - Amarillo, Plano or Sugar Land

Full Time Analyst Non-Exempt Preston Legacy Circle, Plano, TX, US

Prosperity Bank is an Equal Opportunity Employer.

POSITION PURPOSE

Under the Direction of the FIU Manager, the BSA FIU Analyst II is responsible for investigating cases referred or escalated through the Bank’s Transaction Monitoring System (TMS) for potential filing of Suspicious Activity Reports (SARs). This role performs complex research and analysis of customer and transactional data to identify possible money laundering and/or terrorist financing. The BSA FIU Analyst II is responsible for complying with all aspects of the Bank Secrecy Act, USA PATRIOT Act, and OFAC as well as the Bank’s internal 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
• Prepare supporting documentation to support a decision to file or not file a Suspicious Activity Report (SAR)
• Maintain proficient knowledge of regulations, including but not limited to, Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and Office of Foreign Assets Control (OFAC)
• Correspond with business units and banking centers for clarification of the activities conducted by customers
• Identify and report trends to management
• 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

SUPERVISORY RESPONSIBILITIES

This role has no supervisory responsibilities

QUALIFICATIONS

EXPERIENCE REQUIRED: Minimum of three years BSA/AML-related banking experience. Previous experience in Fraud investigations and detection a plus. SAR writing experience is required.

REQUIRED KNOWLEDGE: Knowledge of BSA, AML, and OFAC, with the ability to apply and explain regulatory concepts

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)

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 10lbs. 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 define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical information in mathematical or diagram form and deal with several abstract and concrete variables.

Mathematics Ability: Ability to apply concepts such as trends, percentages, ratios, and proportions to practical situations. Ability to create and interpret projects based on extrapolation of financial data.

Language Ability: Ability to read, analyze, and interpret financial statements, industry data, and customer profiles. Extensive ability to produce both oral and written presentations.

POSITION PURPOSE

Under the Direction of the FIU Manager, the BSA FIU Analyst II is responsible for investigating cases referred or escalated through the Bank’s Transaction Monitoring System (TMS) for potential filing of Suspicious Activity Reports (SARs). This role performs complex research and analysis of customer and transactional data to identify possible money laundering and/or terrorist financing. The BSA FIU Analyst II is responsible for complying with all aspects of the Bank Secrecy Act, USA PATRIOT Act, and OFAC as well as the Bank’s internal 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
• Prepare supporting documentation to support a decision to file or not file a Suspicious Activity Report (SAR)
• Maintain proficient knowledge of regulations, including but not limited to, Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and Office of Foreign Assets Control (OFAC)
• Correspond with business units and banking centers for clarification of the activities conducted by customers
• Identify and report trends to management
• 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

SUPERVISORY RESPONSIBILITIES

This role has no supervisory responsibilities

QUALIFICATIONS

EDUCATION/CERTIFICATION: CAMS certification a plus

EXPERIENCE REQUIRED: Minimum of three years BSA/AML-related banking experience. Previous experience in Fraud investigations and detection a plus. SAR writing experience is required.

REQUIRED KNOWLEDGE: Knowledge of BSA, AML, and OFAC, with the ability to apply and explain regulatory concepts

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 10lbs. 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 define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical information in mathematical or diagram form and deal with several abstract and concrete variables.

Mathematics Ability: Ability to apply concepts such as trends, percentages, ratios, and proportions to practical situations. Ability to create and interpret projects based on extrapolation of financial data.

Language Ability: Ability to read, analyze, and interpret financial statements, industry data, and customer profiles. Extensive ability to produce both oral and written presentations.

Hours: Monday - Friday 8:00 AM - 5:00 PM.

40 hours per week.