AVP FCRM Systems Intelligence Analyst (Hybrid)

Work Arrangement:

***This position is available as a hybrid position in our Sioux Falls SD or Wilmington DE office.***

The AVP FCRM Systems Intelligence Analyst role is responsible for developing and managing anti-money laundering (AML) compliance projects and technology initiatives for Financial Crimes Risk Management (FCRM). The role develops project plans and outlines key milestones and deliverables drafts business requirements reviews information technology functional specifications and drafts and executes user acceptance testing (UAT) scripts that enhance the Banks existing AML and sanctions technologies. The role applies knowledge of AML risk methodologies coverage analysis and transaction monitoring red flags to recommend system and process enhancements that align customer activity with regulatory expectations industry trends and the Banks risk profile. The role requires an understanding of the Banks Risk Appetite and the ability to manage identify and adjust to the Banks changing customer risk profile.

• Develops and reviews all types of business requirements functional specifications and technology translation documents including scopes of work test scripts release checklists UAT logs functional specification documents and runbooks.
• Assists the Actimize Suspicious Activity Monitoring (SAM) tuning manager with rule coverage mapping and assessment rule logic review above-the-line and below-the-line threshold tuning testing and work paper documentation.
• Drafts and manages project plans and defines project dependencies assumptions and risks.
• Drafts business requirements procedural documents and memos and gains buy-in from key stakeholders.
• Applies analytical judgment and critical thinking to draw conclusions and develop suggestions and recommendations with minimal guidance.
• Provides AML compliance support when issues or questions arise with operating teams.
• Manages the Quickbase application to track issues enhancements and other systems requests and assists information technology with prioritization.
• Assists with vendor discussions proofs of concept and feasibility studies on next-generation tools applicable to the current platform.
• Presents analysis and findings to executive and senior management auditors and examiners creating presentations and recommendations supported by evidence that advance AML program objectives.
• Develops and maintains the documentation necessary to support the analytics process within the AML and sanctions risk management team and to support regular internal and external audits and examinations.
• Assists department leadership in preparing materials required for audits and examinations.
• Develops close working relationships across departments including operations advisory business technology projects and investigations to address process monitoring results and analysis.
• Performs other duties as assigned.

• Undergraduate degree in a related field or an equivalent combination of training and experience.
• Minimum of 6 years of business analyst experience in financial services.
• Minimum of 1 year of project management experience.
• Minimum of 1 year of Bank Secrecy Act (BSA) AML Office of Foreign Assets Control (OFAC) and compliance experience.
• Minimum of 1 year of experience testing and validating BSA AML and OFAC models preferred.
• Minimum of 1 year of experience tuning and optimizing BSA and AML monitoring and detection systems preferred.
• Experience defining key risk metrics dashboards and analytics preferred.
• Experience updating the AML monitoring coverage assessment identifying typologies related to the Banks products services and most recent AML risk assessment and mapping them to the existing Actimize SAM rule set preferred.
• Experience identifying trends analyzing the effectiveness of automated monitoring methods and summarizing findings clearly for AML senior management preferred.
• Working knowledge of BSA OFAC the USA PATRIOT Act and related regulations directives and guidance as they affect processes systems and technology.
• Excellent verbal written and interpersonal communication skills with the ability to communicate effectively with all levels of the Bank.
• Strong problem solving critical thinking and analytical skills with the ability to apply a defined methodology to monitoring processes.
• Familiarity with technology concepts including coding Structured Query Language (SQL) scripts and deployment cycles.
• Ability to proactively identify and assess potential concerns and risks.
• Ability to manage multiple projects concurrently resolve issues work independently and meet deadlines.
• Ability to work effectively in a team-oriented multitasking environment.
• Good organization and time management skills in a dynamic environment.
• Mid-level proficiency in Microsoft Office including Excel PowerPoint Project Visio Word and Outlook.

Travel Requirements

No travel required.

What Success Looks Like

• Queries and interprets Actimize alerts accurately and makes tuning decisions that improve the efficiency and effectiveness of surveillance investigations and know your customer (KYC) processes.
• Delivers business requirements test scripts and release documentation that are complete accurate and accepted by information technology and business stakeholders without rework.
• Produces tuning testing and model validation work papers that withstand internal audit and regulatory examination.
• Meets project milestones on schedule with dependencies assumptions and risks identified early.

Why This Role Matters

This role provides the analysis reporting and system intelligence that Data Science and the Banks BSA Officer and staff rely on to detect and report financial crime. Well-tuned monitoring and detection systems determine whether suspicious activity is identified and reported accurately and on time which directly affects the Banks regulatory standing the protection of its customers and the integrity of its financial crimes program.

This job will be open and accepting applications for a minimum of five days from the date it was posted.

Working at The Bancorp Bank N.A. and Benefits Information: Culture & Background Screening