SUMMARY/OBJECTIVES

The FIU Analyst/Conduct will be responsible for assisting with FIU related functions such as analysis, investigation and disposition of alerts generated from the bank’s automated surveillance monitoring software, complete case investigations, and prepare SAR filings. Assist with various functions within the FIU department, such as case management, project implementation, and other tasks assigned by the bank’s Chief BSA Officer.

ESSENTIAL FUNCTIONS

• Analyze internal accounts for fraudulent or suspicious activity through the use of various reports and alerts generated by the bank’s automated surveillance system.
• Conduct internal investigations and research in order to identify fraudulent or suspicious transactions based on evidence in order to mitigate reputational or financial risk and determine whether regulatory reporting is warranted.
• Interviewing witnesses/suspects and record interview notes.
• Perform forensic research using technology and bank systems including reviews of surveillance footage in order to determine root cause and quantifying risk/exposure.
• Process internal alerts by making a determination to clear or to escalate for further investigation based on an analysis of findings.
• Working with internal management and communicating any findings and recognizing opportunities for addressing improvements in systems, processes, or procedures to address areas of concern or vulnerabilities and mitigate risk.
• Working with the Bank’s InfoSec department to discover how frauds occur.
• Working with federal, state, and local law enforcement as necessary.
• Document all findings in a centralized case management system to ensure complete documentation is secured and maintained as required by law.
• Communicate with Bank personnel and management on CDD/EDD deficiencies detected during the account monitoring process.
• Maintain proficiency in all aspects of BSA/AML compliance and Fraud trends; attend FIU training as assigned by the Chief BSA Officer.
• Adhere to all provisions of SouthState 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.

OTHER DUTIES

• Accepts other duties as assigned.

COMPETENCIES

• Strong research and problem resolution skills.
• Customer service and ability to work with all levels of employees.

Qualifications and Education Requirements

• Education: Bachelor’s Degree Preferred
• Certifications: CAMS (Certified Anti-Money Laundering Specialist) and/or CAFP (Certified AML and Fraud Professional) required or willingness to obtain within two years.
• Experience: Minimum 5 years advanced experience in a Fraud and/or BSA/AML related position in a financial institution. Must have significant experience with completing suspicious activity reports.
• Knowledge: Ability to interface with all business lines and legal entities and people of varying level, title and knowledge; Excellent oral and written communication skills; Must be detail oriented and proficient with PC work, including Microsoft Outlook, Word, Excel, PowerPoint, and other varying software if/as needed.

TRAINING REQUIREMENTS/CLASSES

On-line required annual training and FIU/financial crimes training as assigned by the Chief BSA Officer.

RECOMMENDED ADDITIONAL TRAINING

PC Navigator, Web Director, Verafin, Excel, Adobe and other systems/software as required.

Supervisory Responsibility

This position has no supervisory responsibilities.

PHYSICAL DEMANDS/WORK ENVIRONMENT

Must be able to stand and/or sit for long periods of time. Must be able to effectively access and interpret information on computer screens, documents, reports, and cash denominations, and identify customers.

TRAVEL

This position may require travel.