BSA Analyst 2
Fort Smith, AR Fort Smith, AR Full-time Full-time $28.
59 - $33.
94 an hour $28.
59 - $33.
94 an hour 1 day ago 1 day ago 1 day ago Position is Monday through Friday 8 am to 5 pm with ability to work additional hours as needed.
Incumbent can be located anywhere within the Arvest 4 State Footprint (AR, KS, MO, OK).
Experience with Suspicious Activity Reports/Alert Triage/Quality Control preferred.
Pay is based on a number of factors including the successful candidate's job-related knowledge and skills, qualifications, and prior experience.
Arvest offers a comprehensive suite of benefits, including a full range of health and life, financial, and wellness benefits.
For more information about benefits, please visit www.
arvest.
com/careers/benefits.
Summary:
Summary:
The BSA Analyst 2 ensures compliance with the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) activity including Suspicious Activity Reporting (SAR), Customer Identification Program (CIP), Office of Foreign Assets Control (OFAC), Currency Transaction Reporting (CTR) and USA PATRIOT Act requirements by investigating, analyzing and decisioning complex BSA-related cases, reports, and alerts.
The incumbent's responsibilities include, but are not limited to, reviewing, and investigating transaction alerts; identifying suspicious activity; writing enhanced due diligence (EDD) and suspicious activity (SAR) narratives; interpreting company's policy and procedures pertaining to BSA compliance; keeping up to date on regulations; and ensuring timely reporting of suspected activity.
The incumbent works with uncertainty, complex structures, international exposure and, at times, partial information, to analyze data and draw conclusions on the nature of a customer's transaction behavior.
We are seeking candidates who embrace diversity, equity, and inclusion in a workplace where everyone feels valued and inspired.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following, as assigned.
Other duties may also be assigned.
1.
Analyzes financial information, including customer account activity, business type, structure, tax returns, etc.
to arrive at concise written analyses for potential financial crimes and prepares SAR and documentation of SAR no filing determination.
2.
Provides analyses to management regarding termination of account relationships, when applicable.
3.
Responsible for execution of the Bank's EDD regulations, policies, and procedures applicable to EDD monitoring.
4.
Reviews all high-risk customers identified via high risk scoring methodology, transaction monitoring, and other sources to determine whether the assigned customer risk profile remains accurate.
5.
Communicates effectively and efficiently with account officers, relationship managers, and business lines to obtain needed documentation for EDD or SAR investigations.
6.
Responsible for supporting the Bank's OFAC/Sanctions program, including analysis of potential OFAC/sanctions name matches with supporting analysis.
7.
Provides guidance to business lines regarding OFAC-related issues, including system parameters for screening potential name matches, as warranted.
8.
Understands and complies with applicable laws and regulations and the bank's BSA/AML and OFAC Compliance Program, as applicable to job duties.
This includes but is not limited to the following:
completing required compliance training as assigned; adhering to requisite policies, procedures, and controls; reporting to management known violations of compliance or other laws, regulations, or bank policies; and reporting potentially suspicious activity as outlined in BSA-related policies and procedures.
TEAM ACCOUNTABILITIES:
Support and uphold the Arvest Mission Statement.
Uphold the Arvest Code of Ethics, ensuring that confidential information is safeguarded.
Maintain a high level of cooperation and rapport with all associates in order to ensure accurate and efficient operations and service.
Formulate and communicate new ideas and suggestions that will improve profitability and efficiency for the company's overall operation.
Promote professionalism at all times.
Responsibilities:
QUALIFICATION REQUIREMENTS:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
The requirements listed below are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
EDUCATION and/or
Experience:
Bachelor's Degree in Finance, Business, Accounting, or a related field of study, or equivalent work, or military experience, required.
2 years of direct work experience in BSA/AML or a similar analytical position demonstrating progressively responsible accountabilities, preferred.
Knowledge of financial products and services, delivery channels, transaction monitoring systems, and various supporting operational processes, preferred.
Strong investigative and analytical experience preferred.
Certified Anti-Money Laundering Specialist (CAMS) certification preferred.
OTHER SKILLS AND ABILITIES:
Must possess strong written communication skills.
Must possess excellent analytical reasoning skills and demonstrated ability to identify potential problems, collect data, establish facts, and draw conclusions regarding BSA/AML suspicious activity monitoring and reporting.
Must be able to participate, contribute, and lead efforts to resolve issues identified by internal review, federal regulators, or auditors.
Must demonstrate the ability to identify suspicious activity and to provide factual analysis or interpretations of data or information sources, in a timely manner.
Must possess proficient computer skills (MS Office, Word, Excel, PowerPoint) and be able to learn to use various internal company systems.
Must be able to begin work on time and have regular work attendance.
Must be able to work cooperatively and cordially with other customers and coworkers regardless of personality, presence, or communication style.
Must be able to perform several tasks at once and work in a stressful atmosphere.
Must be able to rotate job tasks and coordinate multiple and changing priorities.
Must be able to occasionally work outside of normal business hours.
Must be able to move from department, division, or bank to department, division, or bank to attend meetings.
PHYSICAL DEMANDS:
The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job.
Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
The associate must be able to travel occasionally by themselves within the US, including overnight, and via automobile and air.
WORK ENVIRONMENT:
The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job.
Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually moderate.
Grade 15 Pay Range:
$28.
59 - $33.
94 per hour Support and uphold the Arvest Mission Statement.
Uphold the Arvest Code of Ethics, ensuring that confidential information is safeguarded.
Maintain a high level of cooperation and rapport with all associates in order to ensure accurate and efficient operations and service.
Formulate and communicate new ideas and suggestions that will improve profitability and efficiency for the company's overall operation.
Promote professionalism at all times.
Bachelor's Degree in Finance, Business, Accounting, or a related field of study, or equivalent work, or military experience, required.
2 years of direct work experience in BSA/AML or a similar analytical position demonstrating progressively responsible accountabilities, preferred.
Knowledge of financial products and services, delivery channels, transaction monitoring systems, and various supporting operational processes, preferred.
Strong investigative and analytical experience preferred.
Certified Anti-Money Laundering Specialist (CAMS) certification preferred.
Must possess excellent analytical reasoning skills and demonstrated ability to identify potential problems, collect data, establish facts, and draw conclusions regarding BSA/AML suspicious activity monitoring and reporting.
Must be able to participate, contribute, and lead efforts to resolve issues identified by internal review, federal regulators, or auditors.
Must demonstrate the ability to identify suspicious activity and to provide factual analysis or interpretations of data or information sources, in a timely manner.
Must possess proficient computer skills (MS Office, Word, Excel, PowerPoint) and be able to learn to use various internal company systems.
Must be able to begin work on time and have regular work attendance.
Must be able to work cooperatively and cordially with other customers and coworkers regardless of personality, presence, or communication style.
Must be able to perform several tasks at once and work in a stressful atmosphere.
Must be able to rotate job tasks and coordinate multiple and changing priorities.
Must be able to occasionally work outside of normal business hours.
Must be able to move from department, division, or bank to department, division, or bank to attend meetings.
.
Estimated Salary: $20 to $28 per hour based on qualifications.
59 - $33.
94 an hour $28.
59 - $33.
94 an hour 1 day ago 1 day ago 1 day ago Position is Monday through Friday 8 am to 5 pm with ability to work additional hours as needed.
Incumbent can be located anywhere within the Arvest 4 State Footprint (AR, KS, MO, OK).
Experience with Suspicious Activity Reports/Alert Triage/Quality Control preferred.
Pay is based on a number of factors including the successful candidate's job-related knowledge and skills, qualifications, and prior experience.
Arvest offers a comprehensive suite of benefits, including a full range of health and life, financial, and wellness benefits.
For more information about benefits, please visit www.
arvest.
com/careers/benefits.
Summary:
Summary:
The BSA Analyst 2 ensures compliance with the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) activity including Suspicious Activity Reporting (SAR), Customer Identification Program (CIP), Office of Foreign Assets Control (OFAC), Currency Transaction Reporting (CTR) and USA PATRIOT Act requirements by investigating, analyzing and decisioning complex BSA-related cases, reports, and alerts.
The incumbent's responsibilities include, but are not limited to, reviewing, and investigating transaction alerts; identifying suspicious activity; writing enhanced due diligence (EDD) and suspicious activity (SAR) narratives; interpreting company's policy and procedures pertaining to BSA compliance; keeping up to date on regulations; and ensuring timely reporting of suspected activity.
The incumbent works with uncertainty, complex structures, international exposure and, at times, partial information, to analyze data and draw conclusions on the nature of a customer's transaction behavior.
We are seeking candidates who embrace diversity, equity, and inclusion in a workplace where everyone feels valued and inspired.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following, as assigned.
Other duties may also be assigned.
1.
Analyzes financial information, including customer account activity, business type, structure, tax returns, etc.
to arrive at concise written analyses for potential financial crimes and prepares SAR and documentation of SAR no filing determination.
2.
Provides analyses to management regarding termination of account relationships, when applicable.
3.
Responsible for execution of the Bank's EDD regulations, policies, and procedures applicable to EDD monitoring.
4.
Reviews all high-risk customers identified via high risk scoring methodology, transaction monitoring, and other sources to determine whether the assigned customer risk profile remains accurate.
5.
Communicates effectively and efficiently with account officers, relationship managers, and business lines to obtain needed documentation for EDD or SAR investigations.
6.
Responsible for supporting the Bank's OFAC/Sanctions program, including analysis of potential OFAC/sanctions name matches with supporting analysis.
7.
Provides guidance to business lines regarding OFAC-related issues, including system parameters for screening potential name matches, as warranted.
8.
Understands and complies with applicable laws and regulations and the bank's BSA/AML and OFAC Compliance Program, as applicable to job duties.
This includes but is not limited to the following:
completing required compliance training as assigned; adhering to requisite policies, procedures, and controls; reporting to management known violations of compliance or other laws, regulations, or bank policies; and reporting potentially suspicious activity as outlined in BSA-related policies and procedures.
TEAM ACCOUNTABILITIES:
Support and uphold the Arvest Mission Statement.
Uphold the Arvest Code of Ethics, ensuring that confidential information is safeguarded.
Maintain a high level of cooperation and rapport with all associates in order to ensure accurate and efficient operations and service.
Formulate and communicate new ideas and suggestions that will improve profitability and efficiency for the company's overall operation.
Promote professionalism at all times.
Responsibilities:
QUALIFICATION REQUIREMENTS:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
The requirements listed below are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
EDUCATION and/or
Experience:
Bachelor's Degree in Finance, Business, Accounting, or a related field of study, or equivalent work, or military experience, required.
2 years of direct work experience in BSA/AML or a similar analytical position demonstrating progressively responsible accountabilities, preferred.
Knowledge of financial products and services, delivery channels, transaction monitoring systems, and various supporting operational processes, preferred.
Strong investigative and analytical experience preferred.
Certified Anti-Money Laundering Specialist (CAMS) certification preferred.
OTHER SKILLS AND ABILITIES:
Must possess strong written communication skills.
Must possess excellent analytical reasoning skills and demonstrated ability to identify potential problems, collect data, establish facts, and draw conclusions regarding BSA/AML suspicious activity monitoring and reporting.
Must be able to participate, contribute, and lead efforts to resolve issues identified by internal review, federal regulators, or auditors.
Must demonstrate the ability to identify suspicious activity and to provide factual analysis or interpretations of data or information sources, in a timely manner.
Must possess proficient computer skills (MS Office, Word, Excel, PowerPoint) and be able to learn to use various internal company systems.
Must be able to begin work on time and have regular work attendance.
Must be able to work cooperatively and cordially with other customers and coworkers regardless of personality, presence, or communication style.
Must be able to perform several tasks at once and work in a stressful atmosphere.
Must be able to rotate job tasks and coordinate multiple and changing priorities.
Must be able to occasionally work outside of normal business hours.
Must be able to move from department, division, or bank to department, division, or bank to attend meetings.
PHYSICAL DEMANDS:
The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job.
Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
The associate must be able to travel occasionally by themselves within the US, including overnight, and via automobile and air.
WORK ENVIRONMENT:
The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job.
Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually moderate.
Grade 15 Pay Range:
$28.
59 - $33.
94 per hour Support and uphold the Arvest Mission Statement.
Uphold the Arvest Code of Ethics, ensuring that confidential information is safeguarded.
Maintain a high level of cooperation and rapport with all associates in order to ensure accurate and efficient operations and service.
Formulate and communicate new ideas and suggestions that will improve profitability and efficiency for the company's overall operation.
Promote professionalism at all times.
Bachelor's Degree in Finance, Business, Accounting, or a related field of study, or equivalent work, or military experience, required.
2 years of direct work experience in BSA/AML or a similar analytical position demonstrating progressively responsible accountabilities, preferred.
Knowledge of financial products and services, delivery channels, transaction monitoring systems, and various supporting operational processes, preferred.
Strong investigative and analytical experience preferred.
Certified Anti-Money Laundering Specialist (CAMS) certification preferred.
Must possess excellent analytical reasoning skills and demonstrated ability to identify potential problems, collect data, establish facts, and draw conclusions regarding BSA/AML suspicious activity monitoring and reporting.
Must be able to participate, contribute, and lead efforts to resolve issues identified by internal review, federal regulators, or auditors.
Must demonstrate the ability to identify suspicious activity and to provide factual analysis or interpretations of data or information sources, in a timely manner.
Must possess proficient computer skills (MS Office, Word, Excel, PowerPoint) and be able to learn to use various internal company systems.
Must be able to begin work on time and have regular work attendance.
Must be able to work cooperatively and cordially with other customers and coworkers regardless of personality, presence, or communication style.
Must be able to perform several tasks at once and work in a stressful atmosphere.
Must be able to rotate job tasks and coordinate multiple and changing priorities.
Must be able to occasionally work outside of normal business hours.
Must be able to move from department, division, or bank to department, division, or bank to attend meetings.
.
Estimated Salary: $20 to $28 per hour based on qualifications.
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