FIU Sr Analyst; Remote

FIU Sr Analyst - Complex Customer Risk (Remote)

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The South State story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward. Since our beginnings in the 1930s to becoming a trusted financial partner across the South and beyond - we are known for combining personal relationships with forward-thinking solutions. We are committed to helping our team members find their success while maintaining the integrity of our values: building trust, fostering lasting relationships and pursuing excellence.

At South State, individual contributions are recognized, potential is cultivated and team members are inspired to achieve their greater purpose. Your future begins here!

The Financial Intelligence Unit (FIU) Analyst/Complex Customer Risk supports the Bank’s enterprise-wide BSA/AML/OFAC Program by performing up front and ongoing due diligence reviews of complex commercial customers using a variety of resources and tools to assess risk and recommend appropriate risk mitigation. The FIU Analyst/Complex Customer Risk must keep abreast of the current and emerging BSA/AML/OFAC regulations and financial crime trends and understand the Bank’s risk appetite to assist in managing and identifying higher risk accounts.

It is the policy of South State Bank to comply with the Bank Secrecy Act (BSA), USA PATRIOT Act, and the requirements of the Office of Foreign Assets Control (OFAC), and other related anti-money laundering/ anti-terrorist financing initiatives. The Bank has established a Bank Secrecy Act/ Anti-Money Laundering/Office of Foreign Assets Control (BSA/AML/OFAC) Compliance Program, covering all requirements of the BSA, USA PATRIOT Act and OFAC rules and regulations.

Upon completion of required training, the Board of Directors of South State Bank shall hold each employee accountable for adhering to the established operating procedures and internal controls as set forth in the Bank’s BSA/AML/OFAC Program. Continued instances of non-compliance or willful violation of law may result in disciplinary action, up to and including termination.

• Identify and mitigate risks associated with higher risk customers through scheduled reviews;
• Conduct investigations to address any irregularities and make recommendations as to whether or not additional action is warranted, including the filing of Unusual Activity Reports;
• Understand trends in underlying customer data and detect risks that warrant decisioning;
• Analyze new and existing business relationships to determine risk and provide recommendations for approval or denial;
• Analyze and document requests from Treasury Management, such as RDC and ACH origination;
• Assist in the creation and maintenance of case files documenting all information used in the review of certain higher risk industries;
• Provide recommendations on adding, retaining, or removing customers to/from the bank’s high risk customer monitoring process through collaboration with management;
• Escalate activity that meets the established criteria for investigating suspected fraudulent or problem accounts;
• Maintain proficiency in all aspects of BSA/AML compliance;
• Adhere to all provisions of South State Bank policies and procedures, including the confidentiality policy, code of ethics and BSA/AML/OFAC policies and procedures;
• Other duties and responsibilities may be assigned, according to the needs of the bank

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Strong critical thinking, analytical and problem-solving skills;
• Ability to identify fraudulent, unusual and/or suspicious activity and understand when it needs to be escalated;
• Ability to perform a detailed analysis of accounts and relationships;
• Ability to work and thrive in a fast paced, high intensity, high demand and deadline driven environment;
• Self‑motivated, dependable, adaptable, and detail‑oriented with strong research and organizational skills;
• Ability to handle and accomplish multiple tasks and resolve…