Founded on a legacy of more than 120 years in banking, Bank OZK is much more than just a company. We’re nationally recognized as an industry leader in financial services. That means we combine exceptional service with innovative technologies to deliver smart solutions to our clients across the country. We’re investing in small businesses, fueling economies in local communities and changing skylines in the largest cities across America. Here, we're not simply filling roles. We're fostering even greater careers.
The foundation for a great career starts with an exceptional team and a comprehensive benefits package. We believe in providing our dedicated team members with the best resources to support their physical, mental and financial wellbeing, including generous PTO, 401(k) matching, health, dental, vision (and pet!) insurance as well as special perks and discounts. Learn more about Bank OZK benefits.
Job Purpose & Scope
The AML Alerts Analyst is responsible for performing AML alert reviews as outlined in the AML Investigations procedures.
Essential Job Functions
Performs AML alert reviews derived from alert and non-alert based sources, such as incident reports submitted by Bank employees.Researches, analyzes and manipulates transactional data using system-generated spreadsheets to identify suspicious activity.Forms initial determinations regarding additional actions to be taken and acknowledges or escalates the AML alert.Ensures alerts are dispositioned in a timely manner to meet regulatory expectations. Achieves and maintains satisfactory quality review (QR) scores in accordance with departmental standards.Uses case management, monitoring software, other Bank systems and third party websites and repositories to perform tasks.Assists in preparing related documentation for upcoming examinations and audits, as requested.Performs other tasks as directed by the AML alerts management. Regularly exercises discretion and judgment in the performance of essential job functions.Maintains good punctuality and attendance to work.Follows Bank policy, procedures and guidelines.Assists other teams within BSA Administration, as necessary.
Knowledge, Skills & Abilities
Comprehensive knowledge of the FFIEC manual, BSA/AML and OFAC laws and regulations (including Bank Secrecy Act, USA PATRIOT Act, US Treasury AML guidelines and OFAC requirements).Knowledge of BSA/AML processes, investigative techniques and advanced research techniques using the Internet, public websites and third-party repositories.Knowledge of AML software and case management systems.Ability to communicate effectively, both verbally and in writing, including ability to present to senior and executive management.Ability to multi-task, follow up on tasks, and prioritize work and projects.Ability to work effectively independently, without supervision.Ability to demonstrate attention to detail.Skill in using computer and Microsoft Office, including Word, Excel, PowerPoint and Outlook.
Basic Qualifications
Bachelor’s degree or commensurate work experience required.
Minimum of one (1) year of work experience in AML (or comparable field), preferably in the financial industry, required.
Professional certification (CAMS, CFE, CBAP, CRCM or other related certifications), or willingness to obtain certification, required.Job Expectations
Operate customary equipment and technology used in a business environment, with or without accommodation.
Note: This description is not an exhaustive list of all job functions, duties, skills, and job standards required. Other job functions, duties, skills, and standards may be added. Management reserves the right to add or change the job requirements at any time.
#LI-BS1
EEO Statement
Bank OZK is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.