- Conduct periodic High Risk/Enhanced Due Diligence Reviews
- Liaise with account officers to gather enhanced due diligence documentation
- Use judgment and experience to determine reasonableness of customer due diligence
- Conduct negative news research
- Review and analyze financial statements
- Analyze complex activity over multiple accounts and multiple customers in a relationship
- Paint clear picture of the risk profile of a relationship
- Determine whether any potential suspicious activity should be reported
- Full understanding of FFIEC BSA/AML Manual regarding higher risk customer types, associated risk factors, necessary due diligence, and red flags
- Assist in writing and updating FCRM procedures
- Communicate potential suspicious activity to the FCRM Managers and/or Director
- Assist auditors and bank examiners with BSA inquiries
- Review and appropriately act on new, revised or proposed laws, policies and procedures
- Adherence to the Bank's BSA/AML policy and procedures, and professional ethical standards.
- Any and all other duties as requested by management.
- Minimum of 10 years in financial services, operations, performing audits, or any equivalent combination of experience and/or education
- Minimum of 3-5 years of experience in Financial Crimes, BSA/sanctions/fraud or any combination thereof
- Minimum of 1-2 years of experience in quality control or other senior analyst level positions in Financial Crimes, BSA/sanctions/fraud
- BSA/AML Certification (CAMS, AMLCA, CFCS, etc.) preferred
- Proficiency in Microsoft Word and Excel
- Health Care Coverage, no waiting period
- Dental/Vision
- STD/LTD
- Annual Performance Bonus Eligible
- 401K with company match
- Paid Vacation
- Volunteer days
- Tuition Assistance
- And More
Senior BSA Analyst - Houston, United States - Stellar Bancorp, Inc.
Description
About the Role
Responsible for various functions related to BSA/AML/OFAC compliance with primary focus on Enhanced Due Diligence/High Risk Reviews. Sr Analyst will work closely with the FCRM Manager over High Risk Customers to conduct all elements of periodic Enhanced Due Diligence Reviews of the Bank's highest risk and most complex customer relationships.
Responsibilities
These specifications are guidelines based on the minimum experience required to perform the essential functions of the job. Individual abilities may result in some deviation from these guidelines:
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Stellar Bank came to be in 2023, when Allegiance Bank and Community Bank of Texas joined forces. What emerged was a financial institution like no other. Stellar bankers set the standard for responsive, relationship-based community banking. We have the resources, dedication and personal focus to out-bank the big banks and out-service the small banks. Our customers see us as a vital part of the team. We are their financial experts who go above and beyond to help them form a plan and get it done
Join Stellar Bank and yes, you'll be providing outstanding banking. But you'll be achieving something much greater. At Stellar, we empower people to thrive. This is our purpose. This would be your purpose. Here you'd be part of a supportive culture where relationships bond, individuals grow, communities prosper and careers flourish. You can make a difference at Stellar - for yourself and for everyone around you.
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