BSA Investigations Analyst II

The BSA Investigations Analyst II is responsible for the research and investigation of customer and transactional data, as well as reporting to applicable governmental agencies and law enforcement. Investigations involve the collection, analysis, and evaluation of information from various sources, the documentation of research findings, and the completion of reports as required by bank regulations.

PRINCIPLE DUTIES AND RESPONSIBILITIES

1. Performs daily review and analysis of various reports, referrals, and escalations to effectively determine if money laundering, cyber-crime, identity theft, terrorist financing, human trafficking, fraud, or other types of suspicious activity are occurring.
2. Conducts research utilizing various public and non-public sources and make final decisions based on research findings.
3. Identifies the information needed to clarify situations and make appropriate requests from third-party service providers and/or 314(b) participating institutions.
4. Maintains a high level of sensitivity and confidentiality when compiling investigative information, and in interacting with internal and external resources.
5. Recommends account closure, customer termination, and/or Suspicious Activity Report (SAR) filing as warranted, and ensures necessary actions are completed by all responsible parties.
6. Creates and maintains case files, writes qualitative summaries of each investigation, and prepares and files Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) within required timeframes.
7. Ensures new trends and potential threats are evaluated, documented, and escalated to management.
8. Assists with the secondary review of regulatory forms, to ensure quality and accuracy before filing with governmental agencies.
9. Performs enhanced due diligence (EDD) reviews on high-risk accounts and services, and maintain related customer due diligence (CDD) and risk rating processes and documentation.
10. Takes appropriate action on all internal and external notifications and requests, including responses to 314(b) information requests.
11. Serves as an escalation point and subject matter expert for all functions of the Investigations Analyst I role, which includes an in-depth understanding of all systems, programs, and product offerings involved.
12. Trains, mentors, and assists new members of the Investigations team, and foster strong collaboration between team members and the supported business lines.
13. Assists with special projects and initiatives as assigned.
14. Performs other duties as assigned.