Job Description

Overview To perform this job successfully, an individual must be able to perform the following satisfactorily; other duties may be assigned. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. United Texas Bank is a Dallas-based Texas business bank focused on providing creative, solution-focused service to help our clients achieve financial success. The strength of UTB is based on our ability to listen and react to our customer’s needs in a timely, personal, and professional manner. Responsibilities Analyze and research customer account activity to identify suspicious transactions. Monitor customer transactions with a focus on jurisdictional risks associated with the customer’s location or the location of a counterparty. Identify and report on complex transaction patterns. Monitor and analyze international wire settlement, SWIFT message operations, and counterparty risk involving international senders/receivers. Understand and communicate complex transaction patterns for potential suspicious activity report filing. Monitor and analyze various sanction programs and investigate potential OFAC matches. Stay current on industry and regulatory requirements and issues. Acts as the subject matter expert for the transaction monitoring team. Provide guidance and training to junior BSA/AML analysts and other department personnel involved in processes owned by the Compliance Department. Contribute to the design and execution of compliance training as needed. Contribute to the design and execution of compliance risk assessments and reviews as needed. Support various committees by creating charts and tables and by drafting memos for presentations. Perform other related duties to benefit the mission of the organization. What You’ll Do Analyze and research customer account activity to identify suspicious transactions. Produce analytical reports that detail trends, patterns, and risk factors in customer transaction activity. Understanding of international wire settlement, SWIFT message operations, counterparty risk involving international senders/receivers. OFAC compliance specialist with a thorough understanding of various sanction programs and experience investigating escalated OFAC alerts. Execution of initial KYC evaluation and ongoing monitoring of foreign financial institutions, including evaluation of the overall adequacy of a foreign financial institution’s AML compliance and sanctions program, independent testing, and policies and procedures. Significant experience monitoring customer transactions with a focus on jurisdictional risks associated with the customer’s location or the location of a counterparty. Experience in understanding complex transaction patterns and writing thorough suspicious activity reports. Stay current on industry and regulatory requirements and issues. Your Qualifications Bachelors degree, preferably in a business related field. Minimum 3 years’ experience required in one or more related field(s) including risk-advisory, banking, internal audit, regulatory compliance, BSA/AML Compliance, foreign correspondent banking, Money Service Business, and/or fintech companies. Experience using cryptocurrency risk monitoring/intelligence tools such as Elliptic, TRM Labs, Ciphertrace, Chainalysis, etc. is highly desired. Experience using automated BSA/AML monitoring systems and performing manual transaction monitoring tasks. Strong investigative skills using Artificial Intelligence tools as well as internet research related to foreign companies and individuals. Experience with and understanding of international payments, cryptocurrency, and wire transfers preferred. Certifications Certified Anti-Money Laundering Specialist (CAMS) Preferred Certified BSA/AML Professional (CBAP) Beneficial Certified Internal Auditor (CIA) – Beneficial Certified Regulatory Compliance Magner (CRCM) – Beneficial Certified Global Sanctions Specialist (CGSS) – Beneficial Certified Regulatory Compliance Manager (CRCM) - Beneficial Benefits Medical Dental Vision Telehealth Health Reimbursement Arrangement (HRA) Flexible Spending Account (FSA) Health Savings Account (HSA) 401K with Employer Match Life Insurance – Employer Provided Supplemental Life - Voluntary Short-term Disability Long-term Disability Employee Assistance Program Prescription Discount Discount Legal Services ID Theft Protection Services UTB is an equal opportunity employer. Qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. #J-18808-Ljbffr United Texas Bank Dallas

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