BSA Investigations Analyst II

Stride Bank, N.A.; Tulsa (OK); On-site; USD 65,000 - 90,000; Full time

Job summary

Stride Bank, N.A. is seeking a BSA Investigations Analyst II to perform research and investigation of customer and transactional data, and report to applicable governmental agencies and law enforcement.

This role involves collecting, analyzing, documenting findings, and completing required reports to comply with bank regulations. The position requires 1–2 years of BSA/AML, fraud, analysis, or case investigation experience, strong analytical skills, and meticulous attention to detail.

Qualifications

• High School Diploma or equivalent required.
• 1–2 years in BSA/AML, fraud, analysis, or case investigation.
• Ability to independently analyze data and make decisions.

Responsibilities

• Review and analyze reports to detect money laundering, cyber-crime, identity theft, terrorist financing, fraud, or other suspicious activity.
• Research using public and non-public sources and base decisions on findings.
• Identify information needed and request data from third-party providers or 314(b) participating institutions.
• Maintain confidentiality when compiling investigative information and interacting with internal/external resources.
• Recommend account closure, customer termination, and SAR/CTR filing as warranted and ensure actions are completed.
• Create and maintain case files, write investigations summaries, and file SARs/CTRs within deadlines.
• Evaluate new trends and threats and escalate to management.
• Assist with regulatory form reviews to ensure accuracy before filing.
• Perform enhanced due diligence on high-risk accounts and maintain CDD and risk rating processes.
• Manage actions on internal and external requests, including 314(b) responses.
• Serve as escalation point and SME for Investigations Analyst I tasks and systems.
• Train and mentor new team members and foster collaboration across business lines.
• Assist with special projects and other duties as assigned.

Skills

Analytical thinking

Decision making from data

Detail-oriented

Education

High School Diploma or equivalent

Job description

The BSA Investigations Analyst II is responsible for the research and investigation of customer and transactional data, as well as reporting to applicable governmental agencies and law enforcement. Investigations involve the collection, analysis, and evaluation of information from various sources, the documentation of research findings, and the completion of reports as required by bank regulations.

Principle Duties And Responsibilities

• Performs daily review and analysis of various reports, referrals, and escalations to effectively determine if money laundering, cyber-crime, identity theft, terrorist financing, human trafficking, fraud, or other types of suspicious activity are occurring.
• Conducts research utilizing various public and non-public sources and make final decisions based on research findings.
• Identifies the information needed to clarify situations and make appropriate requests from third-party service providers and/or 314(b) participating institutions.
• Maintains a high level of sensitivity and confidentiality when compiling investigative information, and in interacting with internal and external resources.
• Recommends account closure, customer termination, and/or Suspicious Activity Report (SAR) filing as warranted, and ensures necessary actions are completed by all responsible parties.
• Creates and maintains case files, writes qualitative summaries of each investigation, and prepares and files Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) within required timeframes.
• Ensures new trends and potential threats are evaluated, documented, and escalated to management.
• Assists with the secondary review of regulatory forms, to ensure quality and accuracy before filing with governmental agencies.
• Performs enhanced due diligence (EDD) reviews on high-risk accounts and services, and maintain related customer due diligence (CDD) and risk rating processes and documentation.
• Takes appropriate action on all internal and external notifications and requests, including responses to 314(b) information requests.
• Serves as an escalation point and subject matter expert for all functions of the Investigations Analyst I role, which includes an in-depth understanding of all systems, programs, and product offerings involved.
• Trains, mentors, and assists new members of the Investigations team, and foster strong collaboration between team members and the supported business lines.
• Assists with special projects and initiatives as assigned.
• Performs other duties as assigned.

Qualifications

• High School Diploma or equivalent, required.
• 1-2 years’ experience in BSA/AML, fraud, analysis, or case investigation required.

Knowledge, Skills, And Abilities

• Strong analytical and conceptual thinking skills, with the ability to independently solve problems and make decisions using data.
• Ability to organize thoughts and express ideas clearly.
• Thorough and detail-oriented.