What are the responsibilities and job description for the Senior BSA/AML Compliance Analyst position at United Texas Bank?
United Texas Bank is a Dallas-based Texas business bank focused on providing creative, solution-focused service to help our clients achieve financial success. The strength of UTB is based on our ability to listen and react to our customer’s needs in a timely, personal, and professional manner.
We are currently seeking a Senior BSA/AML Compliance Analyst to join our growing compliance department. The Senior BSA/AML Analyst is responsible for monitoring the account activity of traditional banking, Money Services Businesses, Fintech, foreign and domestic customers, foreign banks, and is a subject matter expert for BSA/AML compliance.
What You’ll Do:
· Analyze and research transactions to identify suspicious activity.
· Understand jurisdictional risks associated with customer and/or counterparty location.
· Produce analytical reports that detail trends, patterns, and risk factors in customer transaction activity.
· Understand and communicate complex transaction patterns for potential suspicious activity reports filing.
· Understand various sanction programs and investigate escalated potential OFAC matches.
· Understand international wire settlement, SWIFT message operations, and counterparty risk involving international senders/receivers.
· Stay current on industry and regulatory requirements and issues.
· Act as a subject matter expert, provide guidance and training for members of UTB’s Transaction Monitoring team, and other department personnel involved in processes owned by the Compliance Department.
· Other duties assigned as applicable.
