At Texas Capital Bank, we are driven by a single-minded and unwavering mission: to serve business and the individuals who run them. We use a consultative approach and innovative technologies to develop new ideas that give the bank and our clients a competitive advantage. We partner with our customers to push the boundaries of what's possible—together.
Headquartered in Dallas, Texas Capital Bank has offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, and we serve clients in a variety of industries from coast-to-coast.
We are on the Forbes Best Banks in America list, and were named a top place to work by The Dallas Morning News and San Antonio Express-News.
The bank's Financial Crimes Compliance (FCC) team is responsible for identifying, investigating and monitoring relationships that pose a money laundering or terrorist financing risk in support of all legal and regulatory requirements relating to anti-money laundering (AML) and counter terrorism financing.
The KYC (Know Your Customer) Analyst I is part of the Financial Crimes Compliance team and is focused on complying with federal regulations as outlined in the BSA and USA PATRIOT Act including the ongoing gathering and analysis of documentation and transactional information. This position requires collaboration with front-line colleagues while gathering documentation. In this role you will perform ongoing enhanced due diligence (EDD) reviews of the bank's customers that operate in business lines with an elevated risk for money laundering.
Review KYC for completeness and accuracy as part of the customer validation in order to assess and document the risks associated with that customer
Identify and address items through day-to-day assignments to ensure the Bank's KYC and CIP standards have been met
Assist in ensuring ongoing due diligence efforts and KYC are maintained while identifying substantive changes to customer profiles
Assist in conducting AML Screening/CDD/EDD reviews on prospects and new/existing customers in accordance with the Bank's policies and procedures
Review and resolved EDD alerts; escalate findings to Manager when appropriate
Perform searches utilizing Internet sources and/or third-party vendors to determine negative news and obtain due diligence information for prospects and new/existing customers
Analyze customer data, transactional activity and open source information to determine legitimacy and potential risk exposure
Prepare written analysis for all assigned reviews
Be responsive and communicate effectively with colleagues throughout the bank
Adhere to all designated time frames, manage workflow to the specified deadlines and complete responsibilities in a satisfactory manner
Interact with examiners, internal auditors, and compliance personnel during BSA and AML related audits, if necessary
Complete all training in a timely manner and attend seminars or continuing education as needed
Review and analyze data for trends, potential actions and training needs
Assist with special projects, investigations or reviews, as needed
Bachelor's degree preferred
CAMS or CFE Certification preferred
Minimum 1 year of experience in financial service company (banking) and BSA/AML compliance experience
Knowledge of AML/CFT and OFAC regulatory requirements
Knowledge of financial services operations, products and services
Knowledge of AML/CFT, USA PATRIOT Act and OFAC requirements and regulations
Knowledge of business operations of customers such as Money Services Businesses, Casinos, ATEM Owner/Operations and other higher risk entities
Ability to interpret and act on instructions furnished in written, oral, or diagram form
Strong interpersonal and communication skills
Ability to develop and maintain effective working relationships with team members, internal partners, and external parties.
Knows how to seek and encourage collaboration, and shares success
Can assert own ideas and persuade others; gain support and commitment from others; and mobilize people to take action
Ability to work under pressure and ability to make decisions according to established guidelines; work unsupervised and to accomplish tasks accurately and on a timely basis; prioritize work; strong organizational skills
Strong Microsoft Office skills
Represents the Bank professionally at every contact with customers, staff, and vendors