FIU Analyst – AML/BSA Case Analyst
Job Description:
• Analyze accounts for unusual or suspicious activity through the use of various reports and alerts generated by the bank’s anti-money laundering system
• Process alerts by making a determination to clear or to escalate for further investigation based on an analysis of findings
• Conduct account investigations and research in an effort to address any account irregularities and determine whether escalation is warranted
• Ensure all determinations can be supported by evidence and are well documented in an organized, cohesive manner
• Document all findings in a centralized case management system to ensure complete documentation is secured and maintained as required by law
• Communicate with Bank personnel and management on CDD/EDD deficiencies detected during the account monitoring process
• Escalate activity that meets the established criteria for investigating suspected fraudulent or potential unusual activity through the submission of an Unusual Activity Referral Form
• Maintain proficiency in all aspects of BSA/AML and/or fraud compliance
• Adhere to all provisions of SouthState Bank policies and procedures, including the confidentiality policy, code of ethics and BSA/AML/OFAC policies and procedures
• Other duties and responsibilities may be assigned, according to the needs of the bank.
Requirements:
• Bachelor’s degree preferred
• Minimum of 5 years banking experience in a BSA/AML Analyst position in a financial institution
• Experience monitoring, reviewing, and analyzing account activity to identify fraud or suspicious activity
• Experience conducting investigations and enhanced due diligence at an advanced level
• Knowledge and understanding of BSA/AML regulations
• Familiarity with various AML monitoring systems and commercial research databases
• Strong understanding of bank operations including but not limited to navigating banking systems, understanding teller transactions and interpreting customer transactions
• CAMS (Certified Anti-Money Laundering Specialist) and/or CAFP (Certified AML and Fraud Professional) preferred.
Benefits:
• Equal Opportunity Employer, including disabled/veterans.
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• Analyze accounts for unusual or suspicious activity through the use of various reports and alerts generated by the bank’s anti-money laundering system
• Process alerts by making a determination to clear or to escalate for further investigation based on an analysis of findings
• Conduct account investigations and research in an effort to address any account irregularities and determine whether escalation is warranted
• Ensure all determinations can be supported by evidence and are well documented in an organized, cohesive manner
• Document all findings in a centralized case management system to ensure complete documentation is secured and maintained as required by law
• Communicate with Bank personnel and management on CDD/EDD deficiencies detected during the account monitoring process
• Escalate activity that meets the established criteria for investigating suspected fraudulent or potential unusual activity through the submission of an Unusual Activity Referral Form
• Maintain proficiency in all aspects of BSA/AML and/or fraud compliance
• Adhere to all provisions of SouthState Bank policies and procedures, including the confidentiality policy, code of ethics and BSA/AML/OFAC policies and procedures
• Other duties and responsibilities may be assigned, according to the needs of the bank.
Requirements:
• Bachelor’s degree preferred
• Minimum of 5 years banking experience in a BSA/AML Analyst position in a financial institution
• Experience monitoring, reviewing, and analyzing account activity to identify fraud or suspicious activity
• Experience conducting investigations and enhanced due diligence at an advanced level
• Knowledge and understanding of BSA/AML regulations
• Familiarity with various AML monitoring systems and commercial research databases
• Strong understanding of bank operations including but not limited to navigating banking systems, understanding teller transactions and interpreting customer transactions
• CAMS (Certified Anti-Money Laundering Specialist) and/or CAFP (Certified AML and Fraud Professional) preferred.
Benefits:
• Equal Opportunity Employer, including disabled/veterans.
Apply tot his job
Apply To this Job