A Fraud Examiner or Analyst analyses business computer systems, identifies weaknesses, and monitors for evidence of fraud, including identity theft and fraudulent credit card or bank transactions.
The BSA/AML Alert Analyst is primarily responsible for investigating various alerts (e.g., transaction monitoring, Office of Foreign Assets Control (OFAC), and Currency Transaction Reports (CTR)) utilizing various software systems to determine if the alerted activity is unusual, and subsequently escalating or clearing the alert as appropriate.
Essential Functions :
Reviews transaction monitoring alerts for unusual activity utilizing various systems, and recommends the alerts be escalated to case or cleared Ensures all processes are followed for Currency Transaction Reports (CTR) filing Performs daily Office of Foreign Assets Control (OFAC) Processing Assists in the Customer Due Diligence oversight process which includes review of reporting metrics and working with Retail Branches to address and resolve outstanding items. Assists in preparation of documentation for audits and examinations. Demonstrate the standards and principles of the Five Star Bank experience in every interaction with internal and external customers, associates, and stakeholders. Incorporate the high-performance behaviors of teamwork, leading by example, and service in every facet of work.
Job Related Qualifications :
Required:
Education:
High School Diploma or equivalent
Prior Experience:
2+ years' experience in any of the following areas: Banking Auditing Criminal Justice Investigations -
OR- Required:
Education:
Associate Degree Prior Experience:
1+ years' experience in any of the following areas:
regulations and requirements Strong verbal and written communication skills and ability to interact positively with a wide variety of individuals Excellent organizational skills with the ability to manage multiple priorities and meet established deadlines Ability to identify trends, interpret data and apply to workflows, compliance techniques and automation Possess a high level of attention to detail Ability to maintain a high degree of confidentiality Proficient with Microsoft applications with the ability to learn and utilize new and existing banking software applications; Ability to utilize the internet to conduct searches related to responsibilities
Physical Requirements :
Able to regularly sit for prolonged periods of time. Extensive computer usage is required.
Benefits:
Medical, Dental, and Vision Insurance Health Savings Account Flexible Spending Account(s)
Company Paid Life Insurance, Long Term Disability, and Short Term Disability Voluntary Offerings:
Life, Critical Illness/Specified Disease, Accident, Hospital Indemnity & Personal Accident Tuition Reimbursement Employee Referral Program Wellness Reimbursement Program Star Volunteer Program Employee Banking and Financial Perks Paid Time Off (PTO) Company Paid Holidays This job description is not exhaustive. The BSA/AML Alert Analyst may be required to perform other duties as assigned. The expected rate of pay for this position is shown above. Compensation offers are based on a wide range of factors including relevant skills, training, experience, education and, where applicable, licenses or certifications obtained. Market and organizational factors are also considered. In addition to your base rate of pay and a competitive benefits package, successful candidates may be eligible to receive cash or equity-based incentives based on the role and performance.
