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PlainsCapital Bank · 17 hours ago

Bank Secrecy Act Analyst III

Dallas, TX

Full-time

Onsite

Senior Level

5+ years exp

PlainsCapital Bank is a Texas-based financial institution committed to relationship banking and financial strength. The BSA Analyst III will monitor compliance with the Bank Secrecy Act and related laws, identify suspicious activities, and develop internal controls to ensure effective compliance.

BankingFinancial Services

Responsibilities

Serving as a key member of the Bank Secrecy Act/Anti-Money Laundering Compliance team and under the direct supervision of the BSA Case Supervisor, the selected candidate will provide leadership and guidance in the day-to-day functions within the department

Work with the BSA Case Supervisor in the direction of BSA/AML compliance activities for the company, including BSA, AML, OFAC and KYC according to established company policies and applicable legal and regulatory guidelines to prevent the company from being used as an intermediary for or to hide the transfer or deposit of money from criminal activity and to create a paper trail for law enforcement to investigate money laundering and other illegal activities

Act as team lead for department staff for daily functions

As needed, perform confidential research and analysis of transactional data for Suspicious Activity Reporting (SAR), gathering pertinent evidence by conducting internal/external research, pulling transaction records, and reviewing reports

As needed, investigate findings to determine recommendation for further processing, fully documenting research and reasoning for recommendation while ensuring timeliness to meet state and regulatory report filing timeframes

Secure and organize documentation for examinations and independent reviews

Update and oversight of internal department procedures

Perform additional duties as requested, needed or assigned by the BSA Case Supervisor

Carries out regulatory/compliance issuances monitoring, risk assessments, and internal controls testing ensuring that there are adequate processes, procedures and internal controls to promote an effective BSA control environment, under the guidance of the BSA Officer

Perform enhanced due diligence reviews and analysis for higher-risk clients, and as otherwise directed by the BSA Case Supervisor

Analyzing current business processes and making recommendations for improvement based on industry trends and professional business knowledge

Prepares monthly statistics for BSA Officer on various BSA/AML compliance metrics and related matters

Provides guidance to those reporting suspicious or unusual matters from various bank departments and attending to related queries

Assists in ad-hoc special projects as needed; assume leadership role in such projects

Qualification

BSA/AML complianceAML transaction monitoringRegulatory complianceCorrespondent bankingTrade financeAnalytical skillsMicrosoft ExcelTime managementOrganizational skillsProblem-solving skillsCommunication skillsTeam playerAttention to detail

Required

Bachelor's Degree in related discipline preferred or equivalent experience

Minimum 5 years experience working in a bank's AML transaction monitoring or investigations function utilizing an automated monitoring system

Knowledge of BSA/AML and related laws and regulations required

Strong analytical, time management, organizational and problem-solving skills with the ability to multi-task and work in a deadline-driven environment

Must be self-motivated team player with strong attention to detail, high level of accountability, and the ability to work independently

Strong computer skills, specifically with Microsoft Office suite of products, and the ability to learn and utilize custom banking systems and applications. Must be proficient in Excel with the ability to build and create reports and formulas

Excellent verbal, written, and interpersonal communication skills with the ability to interact with all levels of Bank personnel