Analyst, FIU (Remote)

Join our mission to create a completely new, 100% digital bank that uses consumer feedback to truly meet customers’ best interests. Jenius Bank, a division of SMBC MANUBANK, and a member of SMBC Group, is being built by a close-knit and fun-loving team of financial services professionals and technology experts who came together for the challenge of building a full-service digital bank from scratch. We’re committed to doing it the right way for the customer and are growing rapidly. To learn more about our relationship to our parent company, visit our website.

The anticipated salary range for this role is between $72,000.00 and $85,000.00. The specific salary offered to an applicant will be based on their individual qualification, experiences, and analysis of current compensation paid in their geography and the market for similar roles at time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC MANUBANK offers a competitive portfolio of benefits to its employees.
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Jenius Bank is strategically scaling up a portfolio of products and building extraordinary experiences. In 2023, we launched our first two products reaching $1 billion in deposits and over $700 million in loans, all before Jenius Bank’s first anniversary. We don’t plan to slow down, with ambitious growth plans and the capital necessary to execute a multi-year strategic plan. We have a start-up mindset paired with SMBC Group’s 400 years of history. SMBC Group has more than 150 offices and 86,000 employees worldwide in nearly 40 countries and is committed to creating new business to better serve customers in the rapidly evolving digital environment. Join us on the journey that has caught the attention of the Banking Dive, and more to reinvent banking where smarter banking translates to a richer life.

SUMMARY:

Under the direction of the Financial Intelligence Unit (FIU) Manager, the FIU Analyst will aid in the prevention and/or investigation of financial crimes against the Bank. The position requires the ability to maintain strict confidentiality with respect to highly sensitive information. The FIU Analyst will use various systems and reports to identify questionable customer transaction risks indicative of money laundering, and terrorist financing. This role requires an individual to demonstrate integrity, the ability to work both independently with minimal supervision as well as function as an effective team member in an environment with strict deadlines, multiple tasks, high volume, demonstrate exemplary attention to detail, good verbal and written communication skills, and the ability to maintain the strictest confidentiality with respect to highly sensitive information. The position will require interfacing with business units and developing an ongoing working relationship with support units and management.

PRINCIPAL DUTIES AND RESPONSIBILITIES:

• Review alerts to identify potential suspicious activity within a given timeframe.
• Identify patterns and trends consistent with money laundering and terrorist financing, and flag any suspicious activities detected.
• Document and report the investigation findings and prepare case files with required supporting documentation.
• Prepares Suspicious Activity Reports (SAR) in compliance with established regulatory guidelines and time frames.
• Document all research and analysis conducted in the Case Management System Assists in the compliance with 314(a) and 314(b) responsibilities.
• Communicates findings, status, open issues, and other AML-related items to management regularly.
• Communicate effectively with peers, front-line and management when requesting information or documentation and addressing concerns or findings.
• Adhere to all designated time frames, manage workflow to the specified deadlines and complete responsibilities in a satisfactory manner.
• Thoroughly document findings by preparing reports in a manner that is clear and comprehensible to BSA supervisors/managers, internal auditors, and regulatory examiners.
• Report and escalate all concerns or negative findings clearly and objectively to Manager
• Ensure all customer records are properly completed and communicate deficiencies to appropriate party and/or Manager.
• Actively assist the Manager in special projects that are both systems related or involve special investigations or reviews.

POSITION SPECIFICATIONS:

• Bachelor’s Degree or equivalent experience
• Minimum 2 years banking experience, with emphasis on BSA Compliance and due diligence in accordance with KYC, CIP, AML/BSA guidelines required
• Understanding of regulatory environment at state and national level, as well as familiarity with USA PATRIOT Act, BSA, FDIC, OFAC and DFPI laws and statutes
• Ability to work excel in an innovative, fast-paced environment.
• Strong presentation skills with the ability to present in a large group setting
• Strong communication skills with the ability to convey complex ideas in a clear, concise manner
• Detail oriented, accurate, organized and able to work in an environment with multiple priorities
• Language Skills: Business fluency in the following language(s): English

EOE STATEMENT
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.

CCPA DISCLOSURE
Personal Information Collection Notice: This notice contains information under the California Consumer Privacy Act (CCPA) about the categories of personal information (PI) of California residents that SMBC MANUBANK collects and the business or commercial purpose(s) for which the PI may be used. We do not sell PI. More information about our collection and use of PI may be found in our CCPA Privacy Policy at https://www.smbcmanubank.com/privacy/ccpa-disclosure. Persons with disabilities may contact our Customer Contact Center toll-free at (877) 560-9812 to request the information in this Notice in an alternative format.