Hilltop Holdings
Senior BSA Analyst
Hilltop Holdings, Dallas, Texas, United States, 75215
Hilltop Holdings is looking for a Senior BSA Analyst to monitor compliance with Bank policy, Bank Secrecy Act, and other related laws and regulations (OFAC/Anti-Money Laundering/US Patriot Act). The Analyst identifies and reviews deposit and loan accounts across the enterprise for suspicious activity. Additionally, the Analyst performs customer due diligence and enhanced due diligence reviews. Develops and monitors internal controls, policies, and procedures to ensure effective compliance.
Bachelor’s Degree in related discipline required.
Minimum 5 years' experience working in a bank’s AML transaction monitoring or investigation's function utilizing an automated monitoring system.
Knowledge of BSA/AML and related laws and regulations required.
Knowledge of correspondent banking and trade finance related to transaction surveillance preferred.
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.
The above statements are intended to describe the general nature and level of work being performed by individuals in, or assigned to, the above position and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required, and may be changed at the discretion of the Company.
Serving as a key member of the Bank Secrecy Act/Anti-Money Laundering Compliance team and under the direct supervision of the BSA/AML Compliance Officer, the selected candidate will provide leadership and guidance in the day-to-day functions within the department.
Work with the BSA/AML Compliance Officer in the direction of BSA/AML compliance activities for the company, including BSA, AML, OFAC and KYC/CDD/EDD 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/AML Compliance Officer.
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 Senior BSA Manager.
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.
Supervises BSA/AML training of the BSA Analysts in coordination with BSA Officer.
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.
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Bachelor’s Degree in related discipline required.
Minimum 5 years' experience working in a bank’s AML transaction monitoring or investigation's function utilizing an automated monitoring system.
Knowledge of BSA/AML and related laws and regulations required.
Knowledge of correspondent banking and trade finance related to transaction surveillance preferred.
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.
The above statements are intended to describe the general nature and level of work being performed by individuals in, or assigned to, the above position and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required, and may be changed at the discretion of the Company.
Serving as a key member of the Bank Secrecy Act/Anti-Money Laundering Compliance team and under the direct supervision of the BSA/AML Compliance Officer, the selected candidate will provide leadership and guidance in the day-to-day functions within the department.
Work with the BSA/AML Compliance Officer in the direction of BSA/AML compliance activities for the company, including BSA, AML, OFAC and KYC/CDD/EDD 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/AML Compliance Officer.
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 Senior BSA Manager.
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.
Supervises BSA/AML training of the BSA Analysts in coordination with BSA Officer.
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.
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