BSA Fraud Analyst III

Job Summary

The BSA Fraud Analyst III is responsible for evaluating and concluding on potential suspicious activity that has been escalated through the bank’s alert monitoring system or referred by other departments, and for preparing information for Suspicious Activity Report (SAR) filing. This role will also be assigned areas of specialization in support of the bank’s Bank Secrecy Act (BSA), Customer Identification Program (CIP), and Office of Foreign Assets Control (OFAC) programs.

Key Responsibilities / Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

• Evaluate potential suspicious activity escalated through new cases, 90-day SAR reviews, and Internal SAR (ISAR) reviews.
• Participate (in varying levels based on experience) in the process of concluding on suspicious activity and drafting SARs for review and filing.
• Participate (in varying levels based on experience) in the process of determining and recommending additional next steps in response to fraud or suspicious activity, including disabling services, closing accounts, and contacting law enforcement or adult protective services.
• Independently manage specialties assigned by the BSA Officer, including OFAC compliance, CIP and customer due diligence, currency transaction report (CTR), SAR quality control, departmental data reporting, and fraud case manager, demonstrating ownership of the timeliness and effectiveness of each function.
• Perform any regular quality control, compliance tests, risk assessments, or management reporting associated with assigned specialties.
• Serve as a subject matter expert for regulatory topics associated with areas of specialty, responding to questions from the field and serving on any bank projects impacting the area of specialty.
• Effectively document reviews, research, and conclusions in defense of decisions and recommendations.
• Act as a backup and remain current on all responsibilities associated with the BSA Fraud Analyst I and II position.
• Provide support to BSA Fraud Analyst I and II when the BSA Officer/BSA AML Fraud Manager is unavailable.
• Manage daily tasks and longer-range projects according to agreed upon schedule and keep BSA Officer updated on progress and status.
• Maintain confidentiality and security of sensitive information.
• Adhere to all corporate policies and procedures, Federal and State regulations, and laws. 
• Complete all mandatory annual compliance training. 
• Follow regulatory requirements including those pertaining to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and OFAC to assist in the identification, detection, and determent of money laundering and other unlawful activities, as well as regulation pertaining to lending and consumer compliance to include fair lending laws. 
• Perform other duties and special projects as assigned. 

Job Requirements

Education:

• Highschool diploma or equivalent. 

Required:

• 5 years of total experience with 3 years in BSA/Fraud or an equivelnt combination of education and experience.
• Thorough knowledge of money laundering and/or fraud scenarios such as but not limited to terrorist financing, human trafficking, elder financial exploitation, check kiting, and other various fraud schemes.
• Requires continuous exercise of judgment following broad guidelines. Identifies and selects complex choices of action where standard practices may not exist. Must be able to accommodate detailed work, problem solving, reasoning, math, presentations, verbal communication, written communication, analytical reasoning, training others, multiple concurrent tasks and constant interruptions.
• Ability to maintain detailed documentation to support research and demonstrate compliance with regulations and internal policies and procedures using excellent organizational skills.
• Effective verbal, written, and interpersonal communication skills with the ability to instruct others, train personnel, write reports, correspondence, and procedures, and speak clearly and effectively with staff at all levels.
• Able to exercise utmost confidentiality, self-starter and without close supervision.
• Serve as subject matter expert in current money laundering and fraud trends.

Preferred:

• Bachelor's Degree.
• Knowledge of audit techniques.

About HomeTrust Bank

HomeTrust Bank, founded in 1926, is a North Carolina chartered, community-focused financial institution committed to providing value-added community banking through online/mobile channels and multiple locations in Virginia, North Carolina, South Carolina, Tennessee, and Georgia. Learn more at www.htb.com. Apply today to take your first steps towards joining this talented population of employees within a growing organization. 

Work Environment, Physical Requirements  

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job.  HomeTrust Bank promotes an equal employment opportunity workplace which includes reasonable accommodation of qualified applicants and employees.

• This job operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, and fax machines.
• Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus.
• Physical activity requiring reaching, sifting, lifting to 25 lbs., finger dexterity, grasping, feeling, repetitive motions, talking and hearing are required.
• The employee will frequently communicate and must be able to exchange accurate information with others.
• The employee may need to move around their office to attend meetings and to access files, machinery, or other job-related tools.

DISCLAIMER:  HomeTrust Bank is an evolving company.  As such this job description is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job.  While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned.

HomeTrust Bank values and promotes diversity and inclusion in every aspect of our business and at every level within the company. We recruit, hire, and promote employees based on their individual ability and experience and in accordance with Affirmative Action and Equal Employment Opportunity laws and regulations. Our policy is that we do not discriminate on the basis of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, physical or mental disability, pregnancy, marital status, status as a protected veteran, or any other status protected by federal, state, or local law.