The BSA Fraud Analyst II 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.) Individuals in 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
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, as appropriate, 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, such as disabling services, closing accounts, contacting law enforcement or adult protective services, etc.
Independently manage specialties assigned by the BSA Officer, demonstrating ownership of the timeliness and effectiveness of each function. (Specialties may include OFAC compliance, CIP and customer due diligence, currency transaction report (CTR) and SAR quality control, departmental data reporting, fraud case manager, etc.)
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.
Stay up to date on current money laundering, fraud trends and specialty subject matter areas.
Act as a backup and remain up to date on all responsibilities associated with the BSA Fraud Analyst I position.
Provide support to BSA Fraud Analyst I’s 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.
Your Experience
Bachelor’s degree in a business-related field preferred.
2+ years of BSA/Fraud experience preferred.
Previous retail banking experience preferred.
Thorough knowledge of bank products, services, and operations.
Knowledge of audit techniques preferred.
In depth understanding of money laundering, terrorist financing, human trafficking, elder financial exploitation, check kiting and other various fraud schemes including policies, procedures, regulations, and industry best practices preferred.
Ability to maintain detailed documentation to support research and demonstrate compliance with regulations and internal policies and procedures using excellent organizational skills.
Strong time management, human relations, and analytical skills.
Must have excellent computer proficiency, with the ability to use various software applications.
Able to exercise utmost confidentiality and is a self-starter.
Able to work without close supervisory attention.
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.
While performing the duties of this job, the employee is regularly required to talk or hear.
Physical activity requiring reaching, sifting, lifting, finger dexterity, grasping, feeling, repetitive motions, talking and hearing are required.
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 is an equal opportunity employer. We are committed to providing equal employment opportunities for all employees without regard to sex, race, color, religion, national origin, age, disability, sexual orientation, genetic information, or veteran status.
Education
Preferred
High School or better
High School or better
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
