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SouthState Bank · 1 week ago

FIU Sr Analyst - Complex Customer Risk (Remote)

United States

Full-time

Remote

Mid, Senior Level

$66K/yr - $106K/yr

5+ years exp

SouthState Bank is committed to helping their customers and community, and they are seeking a Senior Analyst for their Financial Intelligence Unit. The role involves supporting the Bank’s BSA/AML/OFAC Program by performing due diligence reviews of complex commercial customers and managing higher risk accounts.

BankingFinanceFinancial ServicesLendingWealth Management

Responsibilities

Identify and mitigate risks associated with higher risk customers through scheduled reviews

Conduct investigations to address any irregularities and make recommendations as to whether or not additional action is warranted, including the filing of Unusual Activity Reports

Understand trends in underlying customer data and detect risks that warrant decisioning

Analyze new and existing business relationships to determine risk and provide recommendations for approval or denial

Analyze and document requests from Treasury Management, such as RDC and ACH origination

Assist in the creation and maintenance of case files documenting all information used in the review of certain higher risk industries

Provide recommendations on adding, retaining, or removing customers to/from the bank’s high risk customer monitoring process through collaboration with management

Escalate activity that meets the established criteria for investigating suspected fraudulent or problem accounts

Maintain proficiency in all aspects of BSA/AML compliance

Adhere to all provisions of South State Bank policies and procedures, including the confidentiality policy, code of ethics and BSA/AML/OFAC policies and procedures

Other duties and responsibilities may be assigned, according to the needs of the bank

Qualification

BSA/AML complianceRisk analysisInvestigative skillsCAMS certificationAML monitoring systemsCritical thinkingCommunication skillsDetail-orientedOrganizational skills

Required

Bachelor's degree preferred

Minimum of 5 years related BSA/AML experience in a financial institution

Experience conducting investigations and enhanced due diligence at an advanced level

Experience monitoring, reviewing, and analyzing account activity in order to identify unusual or suspicious activity

Familiarity with complex customers such as third party payment processors, private equity/venture capital, institutional investors and FinTech

In-depth knowledge of BSA/AML regulations related to monitoring of higher risk customer relationships

Familiarity with various AML monitoring systems and commercial research databases

Strong understanding of bank operations including but not limited to navigating banking systems, understanding teller transactions and interpreting customer transactions

Excellent oral and written communication skills

Ability to draft reports, prepare documents, and compose letters, memorandums, and business correspondence

Ability to interface with all business lines and legal entities and people of varying level, title and knowledge

Ability to read, analyze and interpret Federal and State banking regulations related to the Bank Secrecy Act and anti-money laundering