Oriental Bank
200-500 employees
finance
atms
auto-financing
banking
cds
commercial-banking
credit-cards
financial-planning
financial-services
insurance
investment
iras
mobile-banking
mortgage
online-banking
personal-loans
retail-banking
trust
About Oriental Bank
Since 1964, Oriental has thrived as one of Puerto Rico's leading banks focused on serving the needs of consumers, businesses and institutions. With 53 branches throughout the island, it has the second largest network, and is the third largest financial institution in core retail and commercial deposits. Oriental has a highly committed team of more than 1,500 employees serving nearly 300,000 clients. Since its establishment, Oriental has distinguished itself by delivering an unparalleled level of service to its clients making possible the progress of the customers, employees, investors and communities it serves. OFG Bancorp (NYSE: OFG), is its diversified financial holding company that operates under U.S. and Puerto Rico banking laws and regulations. Its three main subsidiaries, Oriental Bank, Oriental Financial Services and Oriental Insurance, provide a full range of consumer, commercial and mortgage banking services, as well as financial planning, trust, insurance brokerage and investment banking services.
5 months ago
Analyst, Bank Secrecy (Investigations)
San Juan - Hybrid
Full-time
Mid Level
Analyst, Bank Secrecy (Investigations)
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Description
- Dive into the world of financial scrutiny and become a crucial part of our team as a BSA Investigations Analyst.
- We're on the hunt for individuals with a sharp analytical edge and curiosity for financial investigation.
- Join us in making an impact in a dynamic and forward-thinking environment.
- The Analyst, Bank Secrecy (Investigations) is responsible for conducting financial investigations by collecting, evaluating, and analyzing information or evidence related to known or suspected money laundering, terrorist financing, organized crime, and any other financial crime activity to determine if the filing of a Suspicious Activity Report (SAR) is required.
- Such review is required to ascertain the Bank’s compliance with federal regulations related to the Bank Secrecy Act (BSA), anti-money laundering (AML) and OFAC.
- This position works hybrid and is based in San Juan, PR.
- MAJOR DUTIES & RESPONSIBILITIES: Write and prepare qualitative investigative narratives and Suspicious Activity Reports (SARs) and recommend relationship retention or termination in a timely manner in compliance with the timeframes required by federal laws & regulations.
- Ascertain that adequate analysis, documentation and uniform evaluation is applied on all cases according with the internal procedures.
- Refer for further investigation any possible unusual activity observed within a review that is not necessarily related to the subject under analysis.
- Timely follow up on information requests to ascertain prompt case review resolution to comply with regulations requirements.
- Assist the business in approving OFAC inquiries and possible matches.
- Establishes and maintains effective liaison and communication with business, operational units, and any other employee of the bank to enhance resolution efforts and promote BSA / AML policies and procedures.
- Other duties may be assigned.
- EDUCATION AND EXPERIENCE: Bachelor’s degree in business administration, finance, criminal justice, or any other related field required.
- Two (2) years of relevant banking related BSA/AML analysis, fraud, compliance, transactional, retail, or operational experience required.
- One (1) year of BSA investigations experience is highly desirable.
- The minimum education and experience required can be substituted with the equivalent combination of education, training and experience that provides the required knowledge, skills and abilities.
- Knowledge of the BSA, AML, KYC rules and OFAC’s general dispositions and requirements.
- Ability to identify and analyze unusual and suspicious transactions or activity.
- In depth analytical thinking & high attention to detail required.
- Effective communication skills to facilitate data gathering and follow up.
- Excellent written and verbal communication skills in both: English and Spanish.
- Technical writing ability regarding BSA, AML & SAR terminology preferred. #Li-Hybrid WORK AUTHORIZATION & ELEGIBILITY: Legally authorized to work in the US is required.
- This position is of indefinite duration and requires candidates to have permanent or ongoing work authorization.
- Employee is responsible for maintaining eligible work authorization throughout his tenure with the organization.
- Oriental is an Equal Opportunity Employer (EEO/Affirmative Action for Veterans/Workers with Disabilities) Recruitment Privacy Statement Compliance Posters #LI-Hybrid This may be the opportunity to change your life and take your career to the next level.
- Oriental is a great place to work, grow and develop.
- Each employee is key in the company's success.
- Our team consists of an excellent group of people and we believe you could be one of them.
- We offer you the opportunity to work and be part of an organization that is dedicated to progress.
- We offer diverse employment opportunities that go from internships to executive positions.
- We recognize that our employees are the most important asset of our company, which is why we foster an environment of collaboration, based on trust and mutual respect.
- Our selection process promotes equal employment opportunity and does not discriminate on grounds of sex, color, age, social status, religious beliefs, veteran status or disability.
- Included is reference material including our recruitment privacy policy and any relevant labor laws we abide to: Compliance_Posters / Labor Laws Recruitment Privacy Policy Statement Esta puede ser la oportunidad que cambie tu vida y lleve tu carrera profesional a otro nivel.
- Oriental es un gran lugar para trabajar, crecer y desarrollarse.
- Cada empleado es nuestro factor clave en el éxito de la compañía.
- La mejor gente del mundo trabaja aquí y creemos que podrías ser uno de ellos.
- Oriental te ofrece la oportunidad de trabajar y ser parte de una organización que se dedica al progreso.
- En Oriental ofrecemos diversas oportunidades de empleo, que van desde internados hasta puestos directivos.
- Reconocemos que nuestros empleados son el activo más importante de nuestra compañía, es por esto que fomentamos un ambiente de colaboración, basado en la confianza, el respeto mutuo, al valorar las diferencias de cada empleado.
- Nuestro proceso de selección es uno que promueve la igualdad de oportunidades en el empleo y no discrimina por razón de sexo, color, edad, condición social, creencias religiosas, condición de veterano o incapacidad.
- A continuación material de referencia incluyendo nuestra política de privacidad y leyes laborales aplicables: Afiches de Cumplimiento/ Leyes Laborales Política de Privacidad de Reclutamiento
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Benefits
- Diverse employment opportunities from internships to executive positions
- Fostering an environment of collaboration, trust, and mutual respect
- Equal employment opportunity and non-discrimination policies
- Opportunities for career growth and development