Financial Crimes Analyst

Southwest Heritage Bank • Scottsdale, AZ

401d • $60,000 - $65,000

About The Position

The Financial Crimes Analyst at Southwest Heritage Bank plays a crucial role in the execution of the Bank's BSA/AML/OFAC and Fraud Compliance Program. This position is responsible for monitoring, identifying, investigating, and reporting suspicious financial activities, including money laundering and fraud. The analyst ensures compliance with banking regulations and assists in the development of automated monitoring processes to detect potential criminal behavior.

Requirements

• High school diploma or GED.
• 2-3 years of banking, financial industry, or related experience; preferably in a branch, audit, compliance, legal, risk, or lending related capacity.
• Professional certification preferred (CAMS, CAFP, CFCS, CFE, or similar).
• Proficient knowledge of Office365, including Word, Excel, PowerPoint, and Outlook.
• Strong interpersonal, communication, and client service skills.
• Strong investigative, analytical, and critical thinking skills.
• Strong work prioritization and time management skills.

Nice To Haves

• Certified Fraud Examiner (CFE)
• Certified Anti-Money Laundering Specialist (CAMS)

Responsibilities

• Analyze and decision multiple Financial Crimes and/or Fraud-related cases or alert types.
• Utilize banking systems to investigate and research all relevant information to ensure compliance with fraud mitigation and BSA/AML/OFAC requirements.
• Use critical thinking skills to make well-supported decisions relative to the alert type.
• Efficiently and effectively resolve cases or alerts while adhering to timelines.
• Provide BSA/fraud/compliance guidance to all Bank personnel.
• Ensure accurate and timely reporting of reportable currency transactions via CTR filings.
• Conduct timely, comprehensive investigations of customers using various information sources.
• Communicate with Relationship Managers and branch associates to gather additional client information.
• Act as a point of contact for BSA and/or fraud-related questions and support.
• Contribute to the Bank's compliance with OFAC laws and regulations, including conducting daily screenings.
• Maintain strong knowledge of applicable laws and regulations to ensure compliance.
• Participate in BSA/AML/OFAC and fraud training to stay updated on trends and regulations.

Benefits

• Health savings account
• Health insurance
• Dental insurance
• 401(k)
• Flexible spending account
• Paid time off

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED