The role:

The Anti-Money Laundering (AML) Compliance Analyst performs various investigation assignments related to regulatory initiatives pursuant to the Bank Secrecy Act (BSA), USA PATRIOT Act, Money Laundering, Suspicious Transactions and High-Risk Activities. This position is critical to protecting the Company from legal and regulatory risks, as well as reputational and franchise risks. This is a non-supervisory position that has the option of being hybrid in Austin, TX.

What You’ll Do:

• Perform case investigations using various sources, systems and reports for suspicious activity related to money laundering, terrorist financing, identity theft and other criminal activities
• Identify unusual customer transaction patterns indicative of suspicious activity; investigate inappropriate and/or fraudulent activity; conduct enhanced due diligence on high-risk customers; escalate issues as warranted to management; maintain thorough documentation of compliance with all BSA/AML/OFAC requirements; and continuously work to understand and mitigate risk and losses.
• Interview customers, relationship managers and business partners during case investigations;
• Collect appropriate documentation to evaluate and recommend the submission of suspicious activity reports (SARs) and/or bank referrals;
• Prepare well-written Suspicious Activity Reports (SARs) on suspect transactions;
• Run queries and analyze transaction data against customer profiles;
• Performing enhanced due diligence on load exception requests and high-risk customers;
• Interact with AML systems to document case investigations;
• Work closely with the AML and Fraud teams to make recommendations, identify trends and evaluate card activity risks.

Experience We’re Looking For:

• Bachelor’s degree with a minimum of 1 to 3 years specific BSA/AML investigation experience preferred, but not required. A bachelor’s degree in a subject that shows writing, research, critical thinking and analysis skills will be accepted in lieu of experience. CAMS or CFE a plus.
• Excellent written and verbal communication skills.
• Intermediate Excel skills required.
• Strong analytical, critical thinking and problem-solving abilities and able to decipher high risk attributes (transactional, geographical, product, customer type, etc.)
• Must be dedicated and focused with demonstrated ability to effectively analyze data from multiple sources in multiple formats from various sources and core processing systems.
• Excellent communication skills, organizational skills and attention to detail.
• Ability to work independently; take initiative; and be able to adapt to change.
• Quick learner able to readily understand regulatory compliance, financial concepts and issues, exercise sound judgment and observe the highest degree of confidentiality.
• Adept at multitasking and meeting deadlines in a high-pressure environment.
• Results oriented team player with strong initiative and flexibility.
• Ability to thrive in a production-based environment.