Job description
Req ID: 73370
Location: Tulsa -TUL
Areas of Interest: Risk Management, BSA/AML
Pay Transparency Salary Range: Not Available
BOK Financial (BOKF), Headquartered in Tulsa, Oklahoma, BOK Financial Corporation (NASDAQ: BOKF) is a top 25 U.S.-based financial services holding company with operations in ten states – Oklahoma, Texas, Arkansas, Arizona, Colorado, Kansas/Missouri, New Mexico, Nebraska and Wisconsin. The company began more than 100 years ago in Tulsa and has successfully diversified into a variety of industries, businesses and geographies. .
Bonus Type
Summary
The BSA/AML Investigator is a role necessary to BOK Financial to monitor and report on potential suspicious activity occurring in all areas of the BOK Financial. The role requires critical thinking skills, knowledge of BSA/AML red flags, the ability to express your findings through concise writing, and attention to detail.
Job Description
The
Senior BSA/AML Investigator is responsible for identifying, researching, and assessing suspicious customer activity and filing Suspicious Activity Reports (SAR) for submission to the Financial Crimes Enforcement Network (FinCEN). This position is critical for protecting the company’s reputation by ensuring compliance with the Bank Secrecy Act (“BSA”), the USA PATRIOT Act, OFAC, and other relevant anti-money laundering rules and regulations. Suspicious activity reporting forms the cornerstone of the BSA reporting system and is critical to combat terrorism, terrorist financing, money laundering, and other financial crimes. Quality monitoring and reporting of suspicious activity is crucial to the adequacy and effectiveness of the suspicious activity reporting system and reduces the bank’s reputation, compliance, and transaction risks.
This position is responsible for identifying, reviewing, and reporting suspicious activity relevant to the Bank Secrecy Act, USA Patriot Act, and Anti-Money Laundering requirements. As part of the Suspicious Activity Monitoring (SAM) team, the Senior BSA/AML Investigator is responsible for thorough analysis of transactional information to identify potentially unusual or suspicious activity, including a comparison of expected activity to actual activity. The Senior BSA/AML Investigator will be accountable for identifying suspicious activity generated through automated rules and manual reports and completing Suspicious Activity Reports in accordance with Federal guidelines.
This position requires knowledge of the Bank Secrecy Act (“BSA”), the USA PATRIOT Act, OFAC regulations, and affiliated technologies, with the ability to plan, and organize daily work to mitigate risk and produce quality results.
The position works with uncertainty, complex structures, international exposure, and at times partial information, to analyze data and draw conclusions on the overall nature of a customer’s transaction behavior.
Team Culture
Sharing of ideas and knowledge is an important part of this role. While many facets are very individualized, the need to communicate with other members of the team is important.
How You'll Spend Your Time
- You will be assigned weekly case work to complete. Cases are generated from alerts determined to need further review from the analysts. You will ensure quality and accuracy before submittals.
- You will complete quarterly manual reports.
- You will focus on completing SARs filings timely and ensure they are done according to FinCEN guidelines.
- You will participate in monthly meetings where presentations are given by investigators in order to share knowledge.
- You will communicate with other business lines as a part of your case work to establish strong working rapport and obtain needed information.
- You will complete Reg U and all required training throughout the year.
Education & Experience Requirements
- Knowledge of the Bank Secrecy Act, Anti-Money Laundering, OFAC, and USA Patriot Act regulations.
- Accountable for ensuring compliance with Sections 311, 314, 351, 352, and 356 of the USA PATRIOT Act (USAPA) covering Jurisdictions/Financial Institutions/Transactions of Primary Money Laundering Concern, Cooperation Efforts to Deter Money Laundering, Reporting of Suspicious Activity, Anti-Money Laundering Programs, and Reporting of Suspicious Activities by Securities Brokers and Dealers, respectively.
- Participate to ensure the Actimize transaction monitoring system is calibrated appropriately.
- Ability to participate in special projects, such as research and analysis of new systems or procedures.
- Participant in the resolution of issues identified by internal review, federal regulators or third-party auditors.
- Accountable for executing new or changing BSA requirements affecting the responsibilities within this area.
BOK Financial is a stable and financially strong organization that provides excellent training and development to support building the long term careers of our employees.
With passion, skill and partnership you can make an impact on the success of the bank, our customers and your own career!
Apply today and take the first step towards your next career opportunity!
Apply today and take the first step towards your next career opportunity!
If you are interested in a career with BOK Financial text "BOKF" to 918-818-3042 to engage with Olivia our virtual recruiting assistant.
BOK Financial is an equal opportunity employer. We are committed to providing equal employment opportunities for training, compensation, transfer, promotion and other aspects of employment for all qualified applicants and employees without regard to sex, race, color, religion, national origin, age, disability, sexual orientation, genetic information or veteran status.
BOK Financial is an equal opportunity employer. We are committed to providing equal employment opportunities for training, compensation, transfer, promotion and other aspects of employment for all qualified applicants and employees without regard to sex, race, color, religion, national origin, age, disability, sexual orientation, genetic information or veteran status.
Please contact
recruiting_coordinators@bokf.com
with any questions.
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