Job Description

The Senior BSA Risk Analytics Specialist is responsible for developing, designing, maintaining, and validating BSA models, tools, and methodologies to identify, mitigate, monitor, control and report BSA risk factors that impact Amerant Bank in accordance with bank policies, procedures and regulatory guidance in order to protect capital, maximize earnings and shareholder value.

Responsibilities:

• Ability to mediate between BSA/AML’s and systems’ perspectives. Capable of translating BSA requirements into technological (programming) language and on the other hand, able to glimpse the systems’ capabilities to improve the bank’s BSA/AML program.
• Acquire full understanding of BSA technology in place. Validate current implementations/definitions in the BSA monitoring software to ensure data integrity and system’s settings accuracy. Provide advice to new implementations to ensure that the monitoring software works as expected. 
• Responsible for the daily balancing of the Transaction Monitoring System and work in conjunction with the BSA System Admin to address any discrepancies with IT Development. 
• Develop Transaction Monitoring Rules/Schemes to identify, mitigate, and control BSA risk factors in accordance with bank policies, procedures, and regulatory guidance. Develop appropriate documentation of designed BSA models, tools, and methodologies to ensure continuity and adherence to the original standards, configuration, and procedures.
• Participate and provide guidance in the system design and implementation of the BSA models, tools and methodologies developed by Risk Analytics to ensure adherence with the original configuration, parameters, and established timeframes for completion.
• Identify and resolve problems, escalating complex problems to direct manager.
• Responsible for the MLR and BSA/OFAC Risk Assessments of bank processes, systems, products, geographies, and customers by producing the necessary data extraction, validation, and automation for the timely completion of the MLR and Risk Assessment.
• Provide monthly reports to the BSA Risk, CDD/EDD Unit, and Liaisons as needed
• Create and provide sampling testing to the FIU units based on the analytical assessments
• Independently deal with consultants and outside parties hired by the bank. Coordinate efforts, provide requested information and validate the quality of the deliverables. 
• Provide direct assistance during OCC exam, audit reviews, and system validations conducted by third parties. 
• Engage with the business and Enterprise Data Management Office to identify and help remediate data related items including but not limited to data quality, data classification and data descriptions. 
• Responsible for carrying out data usage and security policies as determined through enterprise data governance initiatives, acting as a liaison between the IT department and the business side of an organization. 

Minimum Education and /or Certifications:  Bachelor’s degree in Computer Science, Mathematics, Statistics, Engineering or related field. Certified Anti Money Laundering Specialist (CAMS) highly desirable.

Minimum Work Experience Requirements:  Minimum 5 years of experience in the BSA arena; deep knowledge of BSA/AML Program specifics and needs. 5 years’ experience developing analytical models, implementing rules, working with cross functional teams in the technology and risk areas, and data management. Prior experience dealing with auditors and consultants. Experience in banking and BSA is a plus.

Technical and/or Essential Knowledge:  Strong verbal, written communication, and organizational skills with the ability to summarize and present findings in a clear and concise manner. Training, presentation, and analytical skills. Independent thinker and ability to manage numerous tasks and sensitive information in a professional manner in a fast-paced deadline driven environment. Ability to work collaboratively with cross-functional units; ability to navigate a complex organization to influence people across cultures. Ability to manage confidential and sensitive information in a professional manner. The role requires a range of both technical and business-oriented skills, including SQL programming, data modeling, and PowerBI. MS Word Advanced, MS Excel Advanced, and MS Powerpoint Advanced are required. Bilingual English/Spanish preferred.

Amerant Bank

Job Tags

Work experience placement,

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