BSA Fraud Analyst II

HomeTrust Bank; Greenville, Asheville (SC, NC); On-site; USD 55,000 - 75,000; Full time

Job summary

HomeTrust Bank in Greenville, SC is seeking a BSA Fraud Analyst II to monitor alerts and detect potentially suspicious activity, supporting the bank's BSA/AML program and CIP. You will investigate money laundering and fraud alerts, conduct due diligence, document findings, and escalate cases as required, while maintaining confidentiality and adhering to regulatory requirements.

This role collaborates with Compliance and Risk teams and requires attention to detail, strong time management, and the

Qualifications

• Knowledge of Bank Secrecy Act and AML basics.
• Ability to maintain detailed documentation for investigations.
• Strong time management and analytical skills.
• Ability to maintain confidentiality of bank and customer information.
• Proficient with Microsoft Office products.
• Familiarity with databases used for fraud investigations.

Responsibilities

• Investigate money laundering, fraud, and wire alerts from monitoring systems.
• Escalate suspicious activity with thorough review.
• Document investigation scope and results per procedures.
• Manage alert volumes and daily assignments with supervisor.
• Serve as SME on CIP, OFAC, and customer due diligence.
• Conduct periodic research on BSA/AML topics.

Skills

Time management

Analytical skills

Confidentiality

Independent worker

Research skills

Education

High school diploma or GED

Associates or bachelor’s degree (preferred)

Tools

Microsoft Office

Job description

The BSA Fraud Analyst II is primarily responsible for working assigned transaction monitoring system alerts to detect potential money laundering, fraud, or suspicious activity. This position will also assist the BSA Officer to maintain the bank’s Bank Secrecy Act (BSA) and anti-money laundering (AML) program, the Customer Identification Program (CIP), and regulations issued by the Office of Foreign Assets Control (OFAC).

Key Responsibilities / Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Investigate money laundering, fraud, and wire alerts produced by the bank’s automated monitoring systems, including Financial Crimes Risk Manager and Guardian Analytics Wire, to determine if activity is suspicious and warrants escalation to a case or further action in accordance with specific alert procedures.
• Investigate potential fraud referred to the department from branches and other departments within the bank.
• Conduct research on individuals and entities utilizing both public domain and database search services in support of investigations and customer due diligence requirements.
• Escalate potential suspicious activity after a thorough review, investigation, and any additional research needed in accordance with procedures and protocol.
• Document investigation scope and results as required by procedures.
• Manage alert volumes and daily assignments in coordination with supervisor.
• Assist in the further development of the bank’s money laundering and fraud detection functions.
• Conduct periodic research on a variety of BSA, AML, and fraud topics.
• Serve as a subject matter expert on specific regulatory topics, such as Customer Identification Program, OFAC, and customer due diligence.
• Maintain confidentiality and security of sensitive information.
• Adhere to all corporate policies and procedures, Federal and State regulations, and laws.
• Complete all mandatory annual compliance training.
• Follow regulatory requirements including those pertaining to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and OFAC to assist in the identification, detection, and determent of money laundering and other unlawful activities, as well as regulations pertaining to lending and consumer compliance to include fair lending laws.
• Perform other duties and special projects as assigned.

Job Requirements

Education:

• Highschool diploma or GED required.

Required:

• Basic knowledge of Bank administration, lending and operations products and services; related state and federal laws and regulations and other Bank operational policies and procedures.
• Understanding of general banking compliance regulations and laws.
• Knowledge of databases and websites used in the investigations of suspicious activity, including money laundering, terrorist financing, human trafficking, elder financial exploitation, check kiting, and other various fraud schemes including policies, procedures, regulations, and industry best practices.
• Ability to maintain detailed documentation to support research and demonstrate compliance with regulations and internal policies and procedures using excellent organizational skills.
• Interacts with other Bank personnel to obtain customer information for use in suspicious activity investigations.
• Strong time management and analytical skills.
• Ability to maintain confidentiality of bank and customer information.
• Able to work with minimal close supervisory attention.
• Proficient in Microsoft Office products.

Preferred:

• Associates or bachelor’s degree.
• Previous retail banking experience.
• Knowledge of audit techniques.

About HomeTrust Bank

HomeTrust Bank, founded in 1926, is a North Carolina chartered, community-focused financial institution committed to providing value-added community banking through online/mobile channels and multiple locations in Virginia, North Carolina, South Carolina, Tennessee, and Georgia. Learn more at www.htb.com.

Work Environment, Physical Requirements

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. HomeTrust Bank promotes an equal employment opportunity workplace which includes reasonable accommodation of qualified applicants and employees.

• This job operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, and scanners.
• Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus.
• Physical activity requiring reaching, sifting, lifting to 25 lbs., finger dexterity, grasping, feeling, repetitive motions, talking and hearing are required.
• The employee will frequently communicate and must be able to exchange accurate information with others.
• The employee may need to move ...

DISCLAIMER: HomeTrust Bank is an evolving company. As such this job description is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned.

HomeTrust Bank's policy is to provide equal employment opportunities to all persons regardless of race, color, religion, sex (including sexual orientation and gender identity), national origin, age, disability, genetic information, protected veteran status, or any other characteristic protected by federal law. Employment decisions will be based on valid job requirements and business needs, and we administer personnel actions (including recruitment, selection, promotion, compensation, benefits, transfers, layoffs, training, and social/recreation programs) without discrimination on any prohibited basis.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.