• BSA Analyst II

    Job ID
    2018-2957
    Location
    Corporate
    Type
    Full-Time
    Address
    1600 Redbud Boulevard
    # of Openings
    1
    City, State
    US-TX-McKinney
  • Overview

    WHY INDEPENDENT BANK IS A GREAT PLACE TO WORK:

     

    Footprint

    Established, respected, and growing in Texas and Colorado.

     

    People

    Building thriving relationships and leading with a courageous heart.

     

    Benefits

    Generous 401 (k) plan, paid time off, health benefits, employee programs, and a satisfying work-life balance.

     

    Growth

    Financial stability providing competitive salaries, internal growth opportunities, and a business strategy of continuous growth.

     

    Community

    Volunteering and making a lasting impact, building strong, healthy communities.

     

    This position is responsible for the administration of all day to day functions for the BSA Department in the area of Anti-Money Laundering and the Bank Secrecy Act to ensure all regulatory requirements are met. Will provide a high level of customer service and be responsive to the financial needs of diverse individuals, families, businesses and organizations served by the Bank.

    Responsibilities

    • Perform all compliance duties and responsibilities within established scope of authority and expertise, to ensure all regulatory requirements are met
    • Monitor reports to identify trends, patterns and issues associated with money laundering and other suspicious transactions.
    • Responsible for ensuring Currency Transaction Reports (CTRs) and monetary instrument logs are received and filed within regulatory timelines.
    • Analyze AML software reports daily to detect & investigate potential suspicious activity, research accounts, coordinate with branch personnel and escalate any unresolved issues to management as necessary
    • Serve as a BSA Compliance resource by answering procedural and documentation inquiries from branch personnel regarding BSA/AML, OFAC, and CIP compliance regulations
    • Screen OFAC and 314(a) alerts and potential matches to ensure Independent Bank is not transacting business with individuals or organizations that have been identified by OFAC or FinCEN
    • Prepare and maintenance of work papers and reports related to each regulatory review, as well as, provide support and assist with annual BSA training, BSA reviews and audits, and implementation of new BSA compliance programs
    • Review, monitor, and follow-up on daily, quarterly, and yearly reports and audit findings
    • Monitor and track BSA/AML high risk customers and accounts
    • Responsible for daily, weekly, and monthly monitoring of the CIP Program to ensure compliance with regulatory requirements
    • Responsible for ongoing review and self-education of banking regulation changes related to BSA/AML, OFAC and the USA Patriot Act and notifying affected personnel of those changes in order to ensure the Bank is compliant with the regulation requirements
    • Coordinate and assist with the administration of and responses to all BSA related exams and audits and ensure all deficiencies are corrected in a timely manner
    • Assist with preparation and review of departmental policies and procedures
    • Assist with risk management review
    • Contribute to employee and Board member training program for BSA/AML and related regulations
    • Be knowledgeable of Independent Bank products, services, customers, geographic locations, and potential money laundering and terrorist financing risks associated with those activities
    • Demonstrate appropriate personal and interpersonal behavior, attitude, judgment, communication, and initiative when working with customers and Bank staff to ensure a high level of support to the overall management of the BSA program
    • Follow all instructions and perform other job duties as assigned

    Qualifications

    • College degree or equivalent work experience required
    • 3+ years BSA experience required
    • Excellent computer skills with knowledge of MS Office required
    • Must be detail oriented with excellent documentation and writing skills.
    • Experience in operating office equipment required
    • Excellent interpersonal and communication skills are a must
    • Some travel required
    • Demonstrate a high level of knowledge of Bank Secrecy Act and OFAC related responsibilities in the performance of daily operations to ensure adherence to bank policies and compliance with all regulatory requirements.

    Independent Bank is a host to diverse group of professionals; offering careers in lending, finance, management, marketing, technology and much more. We welcome talented and capable people with a heart for community service, strong personal values and integrity to join our team.

     

    To be considered for this position, you must at least meet the basic qualifications.

    No phone calls or direct e-mails please.
     

     

    Pre-employment background screening will be conducted.

     

    Independent Bank is an EEO/AA - M/F/Disability/Protected Veteran Status.

     

    Note: The job description does not constitute an employment agreement between the employer and employee. The above statements describe the general nature and level of work being performed within this classification. It is not designed to contain or be interpreted as a comprehensive list of all duties, responsibilities, and qualifications required of employees assigned to this job. If you require assistance at any stage of the employment application process due to a disability, please contact Human Resources at 214-544-4777.

     

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