BSA/AML Fraud Analyst & Physical Security Assistant

Uwharrie Bank - Albemarle, NC

Full-time

Albemarle, NC

About the position

The BSA/AML Fraud Analyst & Physical Security Assistant position at Uwharrie Bank is a full-time role located at 167 N 2nd St, Albemarle, NC 28001. This position is open to both internal and external applicants, with an application deadline of 8/31/2024. The primary responsibility of this role is to conduct thorough reviews and analyses of information generated from the BSA/AML monitoring system, as well as core system reports. The goal is to ensure that any suspicious transactions and activities are reviewed and investigated promptly, and that all required BSA reporting is completed accurately and in a timely manner. In this role, the analyst will apply practical BSA/AML regulatory guidance to suspicious customer activities and will be responsible for monitoring the activities of high-risk customers. The position also involves collaboration with the BSA/AML & Fraud Manager on active fraud cases, providing support to frontline associates in addressing BSA/AML compliance issues, and assisting with customer fraud-related cases. Additionally, the analyst will assist the Corporate Security Officer in monitoring, maintaining, and documenting ongoing physical security aspects for bank branches and corporate office facilities. The ideal candidate will possess a strong understanding of bank operations, particularly in the areas of BSA/AML, security, and fraud. A minimum of five years of experience in a financial institution, preferably in bank operations, BSA/AML, security, fraud, and deposit compliance, is required. The role demands an intuitive thinker who is a self-starter with excellent organizational, analytical, and detail-oriented skills. The ability to multi-task, set priorities, and communicate effectively both verbally and in writing is essential. Proficiency in Microsoft Office Suite applications, particularly Excel and Word, is also required. The analyst will need to make decisions based on general BSA/AML and deposit-related regulatory guidelines, demonstrating good judgment and the ability to work independently with minimal supervision.

Responsibilities

• Review and analyze information from the BSA/AML monitoring system and core system reports.
• Ensure timely review and investigation of suspicious transactions and activities.
• Complete required BSA reporting accurately and in a timely manner.
• Apply BSA/AML regulatory guidance to suspicious customer activity.
• Monitor activity of high-risk customers.
• Collaborate with the BSA/AML & Fraud Manager on active fraud cases.
• Support frontline associates with BSA/AML compliance issues and customer fraud cases.
• Assist the Corporate Security Officer with physical security monitoring and documentation.

Requirements

• Undergraduate degree in a business-related field preferred or equivalent combination of education and experience.
• General knowledge and understanding of bank operations, particularly in BSA/AML, security, and fraud.
• Minimum of 5 years' experience in a financial institution, preferably in bank operations, BSA/AML, security, fraud, and deposit compliance.
• Proficiency in Microsoft Office Suite applications (Excel, Word) and other technology systems.
• Excellent organizational, analytical, and detail orientation skills.
• Ability to multi-task and set priorities effectively.
• Effective verbal and written communication skills.
• Ability to work efficiently and accurately under time-sensitive deadlines.