Job Information
Oriental Bank Analyst, Bank Secrecy (Investigations) in San Juan, Puerto Rico
Dive into the world of financial scrutiny and become a crucial part of our team as a BSA Investigations Analyst. We're on the hunt for individuals with a sharp analytical edge and curiosity for financial investigation. Join us in making an impact in a dynamic and forward-thinking environment.
The Analyst, Bank Secrecy (Investigations) is responsible for conducting financial investigations by collecting, evaluating, and analyzing information or evidence related to known or suspected money laundering, terrorist financing, organized crime, and any other financial crime activity to determine if the filing of a Suspicious Activity Report (SAR) is required. Such review is required to ascertain the Bank’s compliance with federal regulations related to the Bank Secrecy Act (BSA), anti-money laundering (AML) and OFAC. This position works hybrid and is based in San Juan, PR.
MAJOR DUTIES & RESPONSIBILITIES:
Write and prepare qualitative investigative narratives and Suspicious Activity Reports (SARs) and recommend relationship retention or termination in a timely manner in compliance with the timeframes required by federal laws & regulations.
Ascertain that adequate analysis, documentation and uniform evaluation is applied on all cases according with the internal procedures. Refer for further investigation any possible unusual activity observed within a review that is not necessarily related to the subject under analysis.
Timely follow up on information requests to ascertain prompt case review resolution to comply with regulations requirements.
Assist the business in approving OFAC inquiries and possible matches.
Establishes and maintains effective liaison and communication with business, operational units, and any other employee of the bank to enhance resolution efforts and promote BSA / AML policies and procedures.
Other duties may be assigned.
EDUCATION AND EXPERIENCE:
Bachelor’s degree in business administration, finance, criminal justice, or any other related field required.
Two (2) years of relevant banking related BSA/AML analysis, fraud, compliance, transactional, retail, or operational experience required. One (1) year of BSA investigations experience highly desirable.
Minimum education and experience required can be substituted with the equivalent combination of education, training and experience that provides the required knowledge skills and abilities.
Knowledge of the BSA, AML, KYC rules and OFAC’s general dispositions and requirements.
Ability to identify and analyze unusual and suspicious transactions or activity.
In depth analytical thinking & high attention to detail required.
Effective communication skills to facilitate data gathering and follow up.
One (1) year of relevant BSA/AML analysis, fraud, compliance, transactional, retail, banking, or operational experience required.
Excellent written and verbal communication skills in both: English and Spanish. Technical writing ability regarding BSA, AML & SAR terminology preferred.
#Li-Hybrid
Oriental is an Equal Opportunity Employer ( EEO Employer / Affirmative Action for Females / Disabled / Veterans )
Recruitment Privacy Statement (https://orientalbank.com/assets/pdfs/recruitment_privacy_policy_statement.pdf)
Compliance Posters
This may be the opportunity to change your life and take your career to the next level.
Oriental is a great place to work, grow and develop. Each employee is key in the company's success. Our team consists of an excellent group of people and we believe you could be one of them. We offer you the opportunity to work and be part of an organization that is dedicated to progress. We offer diverse employment opportunities that go from internships to executive positions. We recognize that our employees are the most important asset of our company, which is why we foster an environment of collaboration, based on trust and mutual respect. Our selection process promotes equal employment opportunity and does not discriminate on grounds of sex, color, age, social status, religious beliefs, veteran status or disability. Included is reference material including our recruitment privacy policy and any relevant labor laws we abide to:
Compliance_Posters / Labor Laws (https://orientalbank.com/assets/pdfs/compliance_posters.pdf)
Recruitment Privacy Policy Statement
Esta puede ser la oportunidad que cambie tu vida y lleve tu carrera profesional a otro nivel.
Oriental es un gran lugar para trabajar, crecer y desarrollarse. Cada empleado es nuestro factor clave en el éxito de la compañía. La mejor gente del mundo trabaja aquí y creemos que podrías ser uno de ellos. Oriental te ofrece la oportunidad de trabajar y ser parte de una organización que se dedica al progreso. En Oriental ofrecemos diversas oportunidades de empleo, que van desde internados hasta puestos directivos. Reconocemos que nuestros empleados son el activo más importante de nuestra compañía, es por esto que fomentamos un ambiente de colaboración, basado en la confianza, el respeto mutuo, al valorar las diferencias de cada empleado. Nuestro proceso de selección es uno que promueve la igualdad de oportunidades en el empleo y no discrimina por razón de sexo, color, edad, condición social, creencias religiosas, condición de veterano o incapacidad. A continuación material de referencia incluyendo nuestra política de privacidad y leyes laborales aplicables:
Afiches de Cumplimiento/ Leyes Laborales (https://orientalbank.com/assets/pdfs/compliance_posters.pdf)
Política de Privacidad de Reclutamiento