BSA Analyst III

Sabadell Overview

Sabadell is a global financial institution headquartered in Barcelona, Spain and one of Europe's oldest and most successful banking groups since its founding in 1881. Sabadell covers all areas of the financial business sector under a common denominator: professional performance and quality. In the United States, Sabadell has operated with an International Full Branch since 1993. We offer Corporate Banking services to international companies in the American market, and Private Banking services primarily to Latin American high net worth individuals and families.

Banco Sabadell is seeking a BSA Analyst candidate to join a dynamic team within one of the fastest growing banks in Florida.

Responsibilities:

• Serve as a subject matter expert in analysis and provide training / mentoring to analyst on investigative techniques, internal policies and procedures, suspicious activity reports (SAR) writing, and Bank Secrecy Act money laundering laws
• Conduct searches on gathered data for anomalous activity by utilizing the Internet, commercial databases, inquiries, bank inquiries, and contact with other investigative entities (e.g., Security) and Branch Officers within the institution.
• Create/Maintain BSA Investigation Cases. Investigations involve researching the Internet, in-house and commercial databases, and communications between Branches and other relevant sources
• Responsible for collecting and evaluating the information and preparing well-written comprehensive reports
• Responsible for timely, accurate and effective investigation of anomalous behavior associated with products or services monitored by the BSA. The daily work effort is focused on mitigating money laundering risks to the Bank and its customers from illicit activities. Evaluate and recommend the submission of suspicious activity reports (SAR)
• Prepare SARs on suspect transaction(s)
• Assist with the development and maintenance of SAR filing and other related MIS. Assist with the development of metrics or other tools as needed
• Perform peer review of investigations (alert and/or cases) to ensure appropriate dispositions have been recommended by analyst; and when recommendations to escalate to the Business or to file a Suspicious Activity Report that the decision by analyst is appropriate
• Gather information responsive to internal and/or external requests for SAR Supporting documentation, subpoenas or other requests as needed
• Responsible for the implementation and operations of integrated processes and procedures aimed at meeting internal and external regulatory or policy guidance
• Maintain a proactive curiosity and pursue investigations to a greater level of diligence than normally required for the standard due diligence
• Supports the implementation of new products, policies and/or procedures

Minimum Qualifications:

• Bachelor degree or equivalent job experience in the financial services industry.
• 3 to 5 years of experience and required knowledge of AML / BSA matters with prior experience in the preparation and filing of Suspicious Activity Reports
• A working knowledge if anti-money laundering laws and regulations is important to the performance of this position
• Advanced Windows & Windows based applications (Word, Excel & PowerPoint) skills.
• Proficiency in database manipulation
• Proficiency in Internet & commercial database searches: to aid in gathering facts for investigations.
• 1 to 2 years of Research/Analysis experience preferred Experience with AML tools (e.g., monitoring system) and case management tool
• Bilingual - English and Spanish - Excellent writing skills
• Analytical skills

Sabadell is an Equal Employment Opportunity Employer