BSA EDD Analyst (Full Time) - Amarillo, Plano or Sugar Land

The BSA Enhanced Due Diligence (EDD) Analyst is responsible for identifying customers who may pose a higher risk of being used to launder money or conduct terrorist financing. The EDD analyst is required to perform moderately complex research and analysis of customer and transactional data, provide assistance with the Bank’s BSA/AML policies and procedures, serve as an advisor to management in all areas of BSA, and make recommendations to mitigate risk exposure.  

 RESPONSIBILITIES:

• Understand the Bank’s BSA/AML regulations, policies, and procedures
• Perform complex investigations and be able to identify, document, and mitigate potential money laundering, terrorist financing, drug trafficking, tax evasion, and OFAC related issues
• Profile potential bank customers based on Know Your Customer (KYC) data, expected, and actual activity
• Identify new high-risk customers by performing enhanced due diligence and monitoring efforts
• Perform functions related to the Bank’s Bank Secrecy Act / Anti-Money Laundering Program, including transaction reviews and/or account reviews
• Identify risk and escalate when necessary
• Review High Risk Segmentation Agents for appropriate identification of risk factors
• Report any suspicious or unusual activity by customers or associates
• Complete the annual BSA/AML and Compliance training
• Other duties as assigned by supervisor

PHYSICAL DEMANDS & WORK ENVIRONMENT:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Ability to withstand moderate physical activity throughout the workday (standing, walking, reaching)
• Ability to sit for extended periods of time
• Ability to lift or move up to 25 pounds on occasion
• Ability to maintain attention and concentration for extended periods of time
• Ability to work overtime when required to meet deadlines

 MINIMUM QUALIFICATIONS (EDUCATION, EXPERIENCE, & SKILLS): 

• Minimum of three years BSA/AML-related banking experience
• Knowledge of BSA, AML, and OFAC, with the ability to apply and explain regulatory concepts
• Self-starter, capable of working under minimum supervision
• Multi-tasker and able to meet deadlines in high-pressure environment
• Results oriented team player
• Strong problem-solving ability
• Exceptional research and analytical skills 
• Strong interpersonal and verbal/written communication skills
• Proficient in MS Office (Outlook/Word/Excel/PowerPoint)
• Strong documentation skills 
• Adherence to controls and standards
• CAMS certification a plus

The above statements describe the general nature and level of work only.  They are not an exhaustive list of all required responsibilities, duties, and skills.   Other duties may be added, or this job description amended at any time.