Financial Crimes Risk Analyst

originbank; West Monroe (LA); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Dream Manager program

Wellness coach guidance

Financial planning access

Job summary

Origin Bank is hiring an FCRM Analyst to monitor, identify, report, and investigate suspicious activity under BSA/AML and OFAC regulations. The role focuses on Enhanced Due Diligence, risk assessments, and maintaining documentation across MSBs and MRBs in Verafin.

You will stay current with state and federal AML requirements and collaborate with banking teams to resolve cases and improve procedures. This on-site Louisiana position supports the bank's culture of people-first service.

Qualifications

• Analytical and design abilities required to identify patterns in financial data.
• Strong problem solving and analytical skills.
• Experience with AML/CIP/CDD procedures is a plus.

Responsibilities

• Performs scheduled Enhanced Due Diligence (EDD) reviews of high risk accounts.
• Analyzes transactional account trends and documents conclusions from EDD reviews.
• Provides updated information to Financial Crimes Risk Manager to update procedures.
• Reviews Verafin reports for MSB/MRBs and unidentified accounts.
• Keeps up-to-date on MSB/MRB requirements for states and federal guidelines.
• Communicates with bank personnel to obtain documentation for investigations.
• Tracks documentation for MSBs and resolves exceptions with staff.
• Processes Verafin alerts related to Privately-Owned ATM transactions.
• Adds comments to RDC accounts in Verafin with risk ratings.

Skills

Analytical skills

Problem solving

Technical troubleshooting

Tools

Verafin

Job description

Your Career. Your Story. Let's Write the Next Chapter Together.

At Origin Bank, a job isn't just a paycheck - it's a meaningful journey. We're committed to helping you grow both professionally and personally in an environment where people come first. We offer a competitive total rewards package, including generous benefits and compensation tailored to your skills, experience, and education.

What truly sets us apart is our people-first culture. Here, you'll be supported by unique initiatives like our Dream Manager program, one-on-one guidance from a nationally certified health and wellness coach, and free access to certified financial professionals who are here to help you plan for your future.

If you're looking for a career that empowers you to make meaningful connections, positively impact others, and pursue your personal and professional dreams-we'd love to meet you.

Job Description

Assists in ensuring the Bank's compliance with the applicable aspects of the Bank Secrecy Act (BSA), USA PATRIOT Act, and Office of Foreign Assets Control (OFAC) regulations by monitoring, identifying, reporting, and investigating suspicious activity relative to potential money laundering activity, financial crimes and/or terrorist financing. The FCRM Analyst will assess the financial crimes risk of customers so as to ensure compliance with the myriad of Bank Secrecy Act (BSA), Anti-Money Laundering (AML) regulations related to customer identification procedures (CIP), customer due diligence (CDD), procedures for enhanced due diligence (EDD), and beneficial ownership (BO).

Duties and Responsibilities include the following :

• Performs scheduled Enhanced Due Diligence (EDD) reviews of accounts deemed as high risk, including but not limited to Money Service Businesses (MSBs), Marijuana or cannabis-related or cannabis-adjacent related businesses (MRBs), Non-Bank Financial Institutions (NBFIs), Politically Exposed Persons (PSPs), Non-Resident Alien (NRA), privately-owned ATM operators (POATMs), Crypto-Currency, etc.; documents EDD monitoring and tags accounts appropriately in Verafin
• Accurately analyzes transactional account trends and patterns, identification documentation to efficiently document a conclusion upon completion of EDD reviews of high risk customers. Makes recommendations to accept high risk, mitigate to medium/moderate risk, or refer for account closure
• Provides updated information to the appropriate Financial Crimes Risk Manager for updating/revising procedures for the handling of newly identified high-risk customers, to include the proper method to review such accounts and to report suspicious activity, document relationships and/or recommendation of account closure if deemed necessary
• Reviews reports in Verafin to determine if there are NGO (Non-Government Organizations), MRBs (Marijuana-Related Businesses), or MSB (Money Services Businesses) unidentified in the BSA system. Adds tags and comments as needed
• Evaluates transactional activity in accounts identified as Privately Owned ATMS (POATMs) or MSBs to determine any unusual patterns or lack of cash activity based on trends
• Stays up-to-date on MSB and MRB requirements for Louisiana, Mississippi and Texas, Alabama, and Florida as well as federal guidelines
• Communicates with applicable bank personnel to obtain any further documentation and/or information necessary to complete the investigations or reviews of high risk accounts
• Tracks documentation required on all MSBs and directly works with retail and lending employees to resolve any exceptions
• Processes alerts in Verafin that reflect any Privately-Owned ATM type transactions for accounts not previously identified as POATM owners
• Adds comments to new Remote Deposit Capture (RDC) accounts in Verafin with risk rating assigned
• May be assigned alerts in Verafin for red flags or new account scenarios and others as assigned to review and determine if the alert can be cleared or needs further investigation
• Utilizes a variety of internal bank systems and external research tools to investigate, research, and prepare documentation related to anti-money laundering investigations
• Develops an understanding of the industry and AML related regulations, as well as patterns of behavior that represent suspicious activity
• Stays up-to-date on current and new policies and regulations as they relate to anti-money laundering schemes and characteristics
• Supports any special projects or critical casework regarding BSA/AML matters

Supervisory Responsibilities

This job has no supervisory responsibilities.

Competencies - To perform the job successfully, an individual should demonstrate the following competencies:

• Analytical and Design - Strong problem solving and analytical skills required to succeed in this job; Strong technical troubleshooting skills and ability to juggle simultaneous complex projects.
• Problem Solving - Identifies and resolves problems in a tim