FID Fraud Analyst I

JOB SUMMARY

The FID Analyst I assists the Financial Intelligence Department in maintaining compliance with all aspects of the Bank's BSA/AML/OFAC and Anti-Fraud Programs. An FID Analyst I is a first tier analyst position that will report to a FID Team Lead and/or FID Manager. An FID Analyst I is tasked with developing an understanding of the Bank's basic analysis and monitoring processes.

ESSENTIAL DUTIES

The duties listed below may not include all responsibilities that the person in this role may be asked to perform. Incumbent may be required to perform other related duties, as assigned, including cross training across other departments, as necessary.

• Reviews and understands standard bank documentation, customer due diligence information, and banking transactions
• Performs detailed analysis on accounts that appear to have unusual and/or suspicious activity
• Provides detailed documentary evidence to support the analysis performed
• Performs assigned quality control reviews and monitoring of the Bank Secrecy Act, USA Patriot Act, Anti-Money laundering, OFAC, customer due diligence, account due diligence and enhanced due diligence on new and existing bank customers and Customer Identification program compliance using industry standard and regulatory guidelines
• Processes Currency Transaction Reports (CTR) and Negotiable Instruments Logs
• Works closely with Financial Intelligence Department to ensure all CTR's are filed timely and correctly
• Contacts branch staff for specific issues relating to CTRs, BSA Monitoring, CDD, Fraud and/or High Risk Review
• Performs analysis and investigative research from numerous internal and external sources to complete Customer Due Diligence profiles
• Prepares or assists in the preparation of requests for information to customer facing lines of business (i.e. retail, trust, commercial)
• Investigates and monitors customer transactions and/or behaviors associated with products or services through the use of automated monitoring systems and reports
• Performs timely and accurate research and effective investigations
• Performs detailed analysis on accounts that appear to have unusual and/or suspicious activity and provides detailed documentary evidence to support the findings
• Assists with monitoring of USA Forms Administration for potential fraud and/or unusual activity
• Assists in documenting and maintaining the Bank's compliance efforts on a daily basis by ensuring adherence to the bank's policies and procedures to ensure compliance with all federal and state laws and regulations
• Participates in job specific training and other various Bank training programs, as necessary
• Maintains current knowledge of internal risk controls and loss prevention, including reporting of suspicious or unusual customer activity per Bank policy
• Maintains current knowledge and complies with all federal and state laws and regulations and all established Bank policies and procedures, including internal audit controls related to department operations
• Maintains current knowledge of all rules, regulations, and laws as they apply to BSA/OFAC/USA Patriot Act/CIP/AML

QUALIFICATIONS

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

• A self-starting individual who possesses an Associates or Bachelor's in Criminal Justice, Business, Finance or a related field is preferred (equivalent banking experience may substitute degree preference)
• Six months of prior banking experience is preferred
• Basic knowledge of various banking functions such as, retail banking, commercial banking, trade-finance, asset-based lending, loan documentation, financial statements and cash flow analysis is preferred
• Fundamental knowledge of BSA, AML/CIP/OFAC and USA Patriot Act regulations
• Ability to comprehend related technical language and processes
• Ability to maintain confidentiality, good business judgment and exercise discretion in performing daily duties
• Strong knowledge of personal computers, office equipment and proficiency with Microsoft Word, Outlook and Excel
• Strong interpersonal and communication skills to interact with all levels of Bank personnel
• Ability to work effectively in a fast-paced environment and meet deadlines
• Attention to detail and mental concentration for accurately performing tasks with frequent interruptions.
• Position requires sitting for extended periods of time
• Availability to work a flexible schedule, Monday through Friday (8:00 a.m. to 5:00 p.m.), and occasional Saturdays
• Bilingual in English and Spanish is desired

ORGANIZATION

• This position reports to an FID Manager or FID Team Lead
• This position does not oversee other positions

TRAINING REQUIREMENTS

All employees are required to attend scheduled mandatory trainings and complete online regulatory compliance training courses applicable to their specific job function. In all situations, employees must ensure that their actions fully comply with all federal banking laws and regulations, including internal bank policies and procedures. Failure to adhere to these requirements will be grounds for disciplinary action, including probation and possible termination.

COMMUNITY INVOLVEMENT

Lone Star National Bank's Mission Statement includes a commitment to helping our communities grow by serving them with pride and integrity. All employees are encouraged to volunteer for bank sponsored activities, civic, charitable and community events and to be active in the communities we serve.

LSNB is an Equal Opportunity/Affirmative Action Employer and does not discriminate in the recruitment, hiring, and conditions of employment on the basis of race, color, religion, national origin, sex (including pregnancy), sexual orientation, gender identity, marital status, disability, age, veteran status, or any other status as protected by applicable laws.

Management reserves the right to change this position description at any time according to business needs.