Note: The job is a remote job and is open to candidates in USA. SouthState Bank is a financial institution committed to helping customers and supporting its team members through trusted relationships and forward-thinking solutions. The FIU Analyst/AML role supports Bank Secrecy Act and anti-money laundering compliance by analyzing alerts, investigating suspicious activity, documenting findings, and preparing or escalating reports as appropriate.
Responsibilities
- Analyze accounts for unusual or suspicious activity through the use of various reports and alerts generated by the bank’s anti-money laundering system
- Process alerts by making a determination to clear or to escalate for further investigation based on an analysis of findings
- Conduct account investigations and research in an effort to address any account irregularities and determine whether escalation is warranted
- Ensure all determinations can be supported by evidence and are well documented in an organized, cohesive manner
- Document all findings in a centralized case management system to ensure complete documentation is secured and maintained as required by law
- Communicate with Bank personnel and management on CDD/EDD deficiencies detected during the account monitoring process
- Escalate activity that meets the established criteria for investigating suspected fraudulent or potential unusual activity through the submission of an Unusual Activity Referral Form
- Maintain proficiency in all aspects of BSA/AML and/or fraud compliance
- Adhere to all provisions of SouthState Bank policies and procedures, including the confidentiality policy, code of ethics and BSA/AML/OFAC policies and procedures
- Other duties and responsibilities may be assigned, according to the needs of the bank
Skills
- * Strong critical thinking, analytical and problem-solving skills
- * Ability to identify fraudulent, unusual and/or suspicious activity and understand when it needs to be escalated
- * Ability to perform a detailed analysis of accounts and relationships
- * Ability to work and thrive in a fast paced, high intensity, high demand and deadline driven environment
- * Self-motivated, dependable, adaptable, and detail-oriented with strong research and organizational skills
- * Ability to handle and accomplish multiple tasks and resolve competing priorities effectively
- * Proficient with PC work, including Microsoft Outlook, Word, Excel, PowerPoint, and other varying software if/as needed; knowledge of and ability to use internal bank systems a plus
- * Excellent oral and written communication skills
- * Ability to draft reports, prepare documents, and compose letters, memorandums, and business correspondence
- * Ability to interface with all business lines and legal entities and people of varying level, title and knowledge
- * Ability to read, analyze and interpret Federal and State banking regulations related to the Bank Secrecy Act and anti-money laundering
- + Minimum of 5 years banking experience in a BSA/AML Analyst position in a financial institution
- + Experience monitoring, reviewing, and analyzing account activity to identify fraud or suspicious activity
- + Experience conducting investigations and enhanced due diligence at an advanced level
- + Knowledge and understanding of BSA/AML regulations
- + Familiarity with various AML monitoring systems and commercial research databases
- + Strong understanding of bank operations including but not limited to navigating banking systems, understanding teller transactions and interpreting customer transactions
- * Must be able to remain seated or work standing in a confined area on a computer for a minimum of four (4) hours each workday
- * Must be able to constantly use hands and fingers to enter data through or on a computer or answer a phone throughout most of an eight (8) hour shift
- * Must be able to hear and communicate with coworkers and customers throughout the day
- * Must be able to function in a professional, business office environment and act and dress appropriately for same, consistent with the Bank's grooming and dress codes
- * Must demonstrate excellent people skills with customers and coworkers
- * Must be willing to function as a team member
- * Must be willing to demonstrate commitment to South State Bank's mission and goals
- Travel may be required for attendance at meetings as needed
- Telecommuting roles no matter if hybrid or 100% full time telecommuting must have a secure home office environment that is free from background noise and distractions. They must also have a reliable private internet connection that is not supplied by use of cellular data (hot spot). Cable or fiber connections are preferred
- * **Education**: Bachelor's degree preferred
- + CAMS (Certified Anti-Money Laundering Specialist) and/or CAFP (Certified AML and Fraud Professional) preferred
Benefits
- Remote work arrangement
- New Employee Orientation
- Required annual compliance training
- System-specific training as necessary to perform duties
- FIU/Financial crimes training as assigned by the Chief BSA Officer
Company Overview
Company H1B Sponsorship