Senior Compliance Investigative Analyst

Job Description

Job Description

Summary :

The day-to-day responsibilities of this role is heavily in the pre-paid card program area. Responsible for reviewing transaction monitoring alerts, program manager reports / escalations and internal referrals and escalating unusual activity to case for further investigation.

Qualifications :

Education : Bachelor's degree.

Licenses / Certifications : CAMS, CFE or related certification preferred.

Experience : Six years of BSA / AML, fraud, SAR writing experience or equivalent banking experience in other related area of banking required;

preferably in a commercial bank with thorough knowledge of banking laws and regulations and understanding of financial services in a regulatory and compliance environment.

Or equivalent combination of education and experience.

Essential Functions :

A : Job Specific :

Identifies, investigates, researches and documents transactional analysis findings involving unusual activity or trends.

Prepares and files Suspicious Activity Reports (SARs) and Continuation SARS (CSARs) as necessary.

Manages a caseload of investigations for prepaid card and core banking products, by performing a complex analysis of account activities.

The analyst will complete the investigations from beginning to completion according to Sutton Bank's AML procedures and policies.

• Acts as a liaison with various law enforcement agencies; responds to law enforcement related inquiries including Subpoenas and Search Warrants.
• Assists with 314a, Subpoenas, 314b participant requests and other BSA / AML related escalations, fraud instances, requests or inquiries.
• Interacts with bank examiners, internal auditors, and compliance personnel during BSA and AML related audits and examinations, if necessary.
• Participates in program manager meetings and other BSA / AML related meetings as required.
• Assists with training and coaching analysts and new staff members on department procedures, including peer reviews and quality control reviews as assigned.
• Reviews system generated alerts, and escalating where necessary, to assess the presence of illicit activity that may require reporting based on BSA / AML requirements.

Knowledge / Skills / Abilities :

• The ability to communicate effectively and clearly, both in verbal and written communications.
• Excellent interpersonal skills.
• Strong knowledge of the business area that is being supported.
• Self-directed and motivated.
• The ability to manage multiple tasks.
• Excellent problem-solving skills.
• Superior analytical skills.
• Ability to respond to common inquiries or complaints from employees, customers, regulatory agencies, or members of the business community.
• Ability to effectively present information to top management and employee groups.
• Ability to write training documents, policies, procedures and correspondence.
• Well versed in regulations and laws that affect the Bank's Compliance Program.
• Ability to comprehend government instructions, develop programs and train personnel.
• Demonstration and application of core knowledge of money laundering patterns, BSA and Patriot Act, financial crime activity and other compliance regulations is required.

Sutton Bank is an Equal Employment Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity, disability, pregnancy or protected veteran status.

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