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Lone Star National Bank · 3 months ago

FID Analyst I

Edinburg, TX, USA

Full-time

Onsite

New Grad, Entry Level

0+ years exp

Lone Star National Bank is dedicated to maintaining compliance with all aspects of the Bank’s BSA/AML/OFAC and Anti-Fraud Programs. The FID Analyst I role involves assisting the Financial Intelligence Department by performing detailed analysis on accounts, ensuring compliance with regulations, and supporting the investigation of suspicious activities.

BankingCommunitiesFinanceFinancial Services

Growth Opportunities

Responsibilities

Reviews and understands standard bank documentation, customer due diligence information, and banking transactions

Performs detailed analysis on accounts that appear to have unusual and/or suspicious activity

Provides detailed documentary evidence to support the analysis performed

Performs assigned quality control reviews and monitoring of the Bank Secrecy Act, USA Patriot Act, Anti-Money laundering, OFAC, customer due diligence, account due diligence and enhanced due diligence on new and existing bank customers and Customer Identification program compliance using industry standard and regulatory guidelines

Processes Currency Transaction Reports (CTR) and Negotiable Instruments Logs

Works closely with Financial Intelligence Department to ensure all CTR’s are filed timely and correctly

Contacts branch staff for specific issues relating to CTRs, BSA Monitoring, CDD, Fraud and/or High Risk Review

Performs analysis and investigative research from numerous internal and external sources to complete Customer Due Diligence profiles

Prepares or assists in the preparation of requests for information to customer facing lines of business (i.e. retail, trust, commercial)

Investigates and monitors customer transactions and/or behaviors associated with products or services through the use of automated monitoring systems and reports

Performs timely and accurate research and effective investigations

Performs detailed analysis on accounts that appear to have unusual and/or suspicious activity and provides detailed documentary evidence to support the findings

Assists with monitoring of USA Forms Administration for potential fraud and/or unusual activity

Assists in documenting and maintaining the Bank’s compliance efforts on a daily basis by ensuring adherence to the bank’s policies and procedures to ensure compliance with all federal and state laws and regulations

Participates in job specific training and other various Bank training programs, as necessary

Maintains current knowledge of internal risk controls and loss prevention, including reporting of suspicious or unusual customer activity per Bank policy

Maintains current knowledge and complies with all federal and state laws and regulations and all established Bank policies and procedures, including internal audit controls related to department operations

Maintains current knowledge of all rules, regulations, and laws as they apply to BSA/OFAC/USA Patriot Act/CIP/AML

Qualification

BSA/AML complianceCustomer Due DiligenceBanking regulations knowledgeMicrosoft ExcelBanking functions knowledgeBilingual in EnglishSpanishInterpersonal skillsAttention to detail

Required

A self-starting individual who possesses an Associates or Bachelor's in Criminal Justice, Business, Finance or a related field is preferred (equivalent banking experience may substitute degree preference)

Six months of prior banking experience is preferred

Basic knowledge of various banking functions such as, retail banking, commercial banking, trade-finance, asset-based lending, loan documentation, financial statements and cash flow analysis is preferred

Fundamental knowledge of BSA, AML/CIP/OFAC and USA Patriot Act regulations

Ability to comprehend related technical language and processes

Ability to maintain confidentiality, good business judgment and exercise discretion in performing daily duties

Strong knowledge of personal computers, office equipment and proficiency with Microsoft Word, Outlook and Excel

Strong interpersonal and communication skills to interact with all levels of Bank personnel

Ability to work effectively in a fast-paced environment and meet deadlines

Attention to detail and mental concentration for accurately performing tasks with frequent interruptions

Position requires sitting for extended periods of time

Availability to work a flexible schedule, Monday through Friday (8:00 a.m. to 5:00 p.m.), and occasional Saturdays