BSA FIU II Manager (Full Time) - Amarillo, Plano or Sugar Land

The Financial Intelligence Unit (FIU) Manager II is responsible for managing the daily aspects of the Bank’s Financial Intelligence Unit within the BSA Department which includes maintaining the company’s compliance with laws and regulations and have sufficient knowledge on anti-money laundering controls and suspicious activity reporting. This position partners with other areas of the BSA department as well as all business units throughout the Bank related to compliance with BSA/AML policies, procedures, and guidelines. The FIU Manager must be a highly accomplished and motivated BSA/AML compliance professional with excellent organizational, leadership, and communication skills.

This position performs various quality control reviews and monitoring in Bank Secrecy Act, USA Patriot Act, Anti-Money Laundering and OFAC compliance using industry standard and regulatory guidance sampling methods to ensure the Bank’s compliance efforts are maintained daily. The FIU Manager advises the BSA Senior Management of emerging compliance issues and consults and guides the Bank in the establishment of controls to mitigate risks.

This position assists BSA Leadership in ensuring department activities run smoothly and efficiently by providing leadership, training, and supervision within the department The FIU Manager performs direct supervisory duties of assigned department staff, coordinates staff for coverage in assigned areas of the department and is required to be knowledgeable and skilled in the areas of the anti-money laundering controls and suspicious activity reporting.

RESPONSIBILITIES:

• Work closely with BSA Leadership to ensure consistent quality and manage project deadlines.
• Develop a strong team dynamic.
• Maintains proficient knowledge of the banking rules and regulations, including but not limited to, the Bank Secrecy Act, USA Patriot Act, and OFAC; Understand the BSA/AML regulations, policies and procedures.
• Perform functions related to the Bank’s Bank Secrecy Act / Anti-Money Laundering Program, including transaction reviews and/or account reviews.
• Oversee the work of analysts to ensure AML Software alerts, referrals, and 90-day reviews meet quality standards and data was accurately collected and documented, including investigation, or Suspicious Activity Report history; Know Your Customer (KYC) information; relevant account and transaction data; and any other required information to assist the investigation. Review with analysts any corrections or differences in final disposition with the analyst who performed the underlying work.
• Oversees the filing of Suspicious Activity Reports are filed timely.
• Provide maintenance, follow-up, and timely response to the Bank’s OFAC system and FinCEN 314(a) and (b) lists and inquiries; appropriately respond to positive hits detected by the Bank’s AML or OFAC software system.
• Serve as a key contact to investigators regarding prevention processes, providing direction, interpretation, and advice on money-laundering prevention systems and processes.
• Perform complex analysis and/or modeling to identify patterns or trends of money-laundering transactions/activity.
• Assist BSA, AML, OFAC and CIP training presentations and exercises with Bank personnel, including material presented to employees during the new hire orientation process.
• Respond to inquiries or refer inquiries to the appropriate department or person and exhibits the necessary follow through with customers and/or staff involved.
• Monitor staff in daily tasks, operations, and quality control; ensures the organization of assigned areas of the department, coordinating available resources (e.g., staff, materials, etc.) for maximum results.
• Play a positive role in the development and growth of assigned department staff through excellent communication skills, both verbal and written, along with strong delegation skills assuring a highly cross-trained staff.
• Perform personnel actions including performance appraisals, disciplinary actions, and interviewing candidates for employment; supervises the daily activities of the department including, but not limited to, effective delegation of assignments, developing work schedules and providing necessary training.
• Assume responsibility for the various department functions in the absence of staff members or during a declared nature disaster or pandemic.
• Report any suspicious or unusual activity by customers or associates.
• Complete the annual BSA/AML and Compliance training.
• Other duties as assigned by supervisor.

MINIMUM QUALIFICATIONS (EDUCATION, EXPERIENCE, & SKILLS):

• Bachelor’s Degree or equivalent work experience; or
• Minimum of five years BSA banking experience including branch/platform experience and knowledge of Bank Secrecy Act regulatory requirements.
• Previous experience in AML, compliance or related position preferred, or relevant course work in criminology, law, logic as well as auditing and other business courses.
• Knowledge of BSA, AML, and other AML regulatory policies with the ability to apply and explain regulatory concepts.
• Leadership or management experience.
• Self- starter, capable of working under minimum supervision.
• Adapt at multi- tasking and meeting deadlines in high-pressure environment.
• Results oriented team player.
• Strong problem-solving ability.
• Exceptional research and analytical skills with the ability to analyze large amounts of data, decipher higher risk attributes (transactional, geographical, product, customer type, etc.) and disposition appropriately.
• Strong interpersonal and verbal/written communication skills.
• Proficient in MS Office (Outlook/Word/Excel/PowerPoint);
• Strong documentation skills to clearly articulate alert disposition.
• Adherence to controls and standards.
• Bachelor’s degree or work equivalent experience of Bank services and products.
• CAMS certification a plus