What are the responsibilities and job description for the BSA Analyst position at Hilltop Holdings?
Job Description
Benefit highlights : 11 Paid Holidays, 15 days of PTO, 401k Matching, Health Benefits, and more!
This BSA Analyst monitors compliance with Bank policy, Bank Secrecy Act (BSA), and other related laws and regulations such as OFAC, Anti-Money Laundering (AML), and USA PATRIOT Act. Identifies and reviews deposit and loan accounts for suspicious activity. Executes internal controls, policies, and procedures to ensure effective compliance.
Responsibilities
- Investigates referrals of potential suspicious account activity to determine and recommend appropriate resolution (e.g., completion of a SAR, exit relationship, continued monitoring). Contacts account officers to obtain documentation and / or information necessary to complete the account analysis.
- Assists in the identification, risk assessment, and on-going monitoring of higher risk accounts to detect suspicious activity.
- Leverages critical thinking and analysis to perform effective investigations and make effective decisions.
- Maintains current knowledge of BSA / AML related rules and regulations and financial crime trends.
- Assists with ad-hoc special projects as needed.
- Other duties and responsibilities as required.
Qualifications
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.
About Us
PlainsCapital Bank was founded in 1988 by a group of young bankers who dreamed of bringing relationship banking to their hometown of Lubbock, Texas. With the acquisition of Plains National Bank, a Lubbock financial institution with one branch and approximately $198.8 million in assets, they began growing the bank one relationship at a time.
Over 30 years later, PlainsCapital Bank has held fast to its tried-and-true relationship-based culture and its commitment to financial strength and stability. PlainsCapital Bank ranks sixth among the largest banks headquartered in Texas by deposits and has a statewide presence with approximately 59 locations in markets such as Austin, the Coastal Bend, Dallas, Fort Worth, Houston, Lubbock, the Rio Grande Valley, and San Antonio. Backed by decades of experience, our knowledgeable bankers are renowned for their straightforward approach and for taking exceptional care of their clients. They bring both financial and industry expertise along with vast local market knowledge to each client relationship.
PlainsCapital Bank conducts both commercial and consumer banking, providing a full suite of commercial banking products and services to fit any business model and convenient services, personal attention, and account features to help simplify managing personal finances.
PlainsCapital Bank continues to remain strong and stable, delivering highly personalized service and a single point of contact to help customers reach their financial goals.
To learn more, please visit us online at plainscapital.com / about.
About the Team
Hilltop Holdings' Risk Advisory department provides independent and objective enterprise and operational risk management advisory services to assist management in the identification, measurement, and monitoring of threats to strategic and management objectives. We apply a systematic approach to develop risk metrics, execute risk assessments, and evaluate loss events across Hilltop and its operating companies-PlainsCapital Bank, PrimeLending, and HilltopSecurities. Risk Advisory is a function within the Corporate Risk department, which also includes other Risk functions such as Counterparty Risk, Quantitative Risk, and Loan Review. As a member of the Risk team, you will join a group of professionals devoted to working together and helping each other succeed. We are passionate about the key role we play in our organization's success and have a close, collaborative relationship with management across our family of companies. The members of Risk are committed to encouraging professional development and growth. We focus on development in three core pillars : soft skills, technical skills, and industry knowledge. We strive to develop and promote talent within the department. Along with a commitment to quality and continuous improvement of our methodology, Hilltop's Risk department is distinguished by its strong belief in helping one another succeed and always doing what's right.
