The FIU Systems Specialist supports South State Bank’s enterprise wide BSA/AML Program by helping to ensure that transaction data from the bank’s host core processing and ancillary systems is flowing into the bank’s automated BSA/AML surveillance monitoring applications as required.

ESSENTIAL FUNCTIONS

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Monitor nightly data transfer process to the Bank’s AML system(s); ensure that all transactions transfer from the core processing and other systems as appropriate (validate transactions).
• Identify any new transaction codes that have or will be implemented and ensure that they are appropriately mapped to the AML system(s).
• Perform reconciliations of transaction dollar totals in the Bank’s AML software to transaction dollar totals from the Bank’s core system and any other ancillary systems, communicating directly with the Bank’s Applications department and/or software vendor on any / all discrepancies, resolving within an acceptable period of time. Escalation of all critical issues through the appropriate channels as necessary.

• Research recurring validation issues and identify possible solutions.

• Add/edit customer records in the Bank’s AML system(s) when records do not transfer as needed or expected.

• Identify any unmatched wires within the Bank’s AML system(s) and resolve any wire matching errors, if applicable. Work directly with the Bank’s AML software Vendor to resolve matching issues if/when needed. Escalating all critical issues through the appropriate channels as necessary.
• Maintain proficiency in BSA compliance; attend BSA training as assigned by the Chief BSA Officer
• Notify appropriate personnel through submission of the Unusual Activity Referral Form of any identified potential unusual or suspicious activity immediately

• Assist in projects or other tasks as may be assigned related to BSA/AML and OFAC.
• Adhere to all provisions of South State Bank policies and procedures, including the confidentiality policy, code of ethics and BSA/AML/OFAC policies and procedures.

OTHER DUTIES

• Accepts other duties as assigned.

COMPETENCIES

• Requires strong knowledge of personal computer, Microsoft Office and other software used in department
• Experience working in core banking systems preferred
• Experience working in AML software platforms (Verafin preferred)
• Experience in troubleshooting system-related issues such as failed data imports and mapping, preferred
• Self-motivated, dependable, adaptable, and detail-oriented individual with analytical, writing and organizational skills
• Must be able to prepare documents using business language in a clear and concise manner
• Requires knowledge of office practices, procedures, and general office machines

Qualifications and Education Requirements

• Basic knowledge and understanding of BSA/AML regulations
• Knowledge and experience bank operations in general
• Consideration given to financial institution employees experienced in processing transactions
• Familiarity with bank core processing systems and ancillary system interfaces; experience with AML systems, a plus
• Self-motivated, dependable, adaptable, and detail-oriented individual
• Basic computer skills (spreadsheet and word processing); knowledge of and ability to use internal bank systems, a plus
• Proficient with Microsoft Outlook, Office, Excel, PowerPoint and able/willing to adapt to new software if/as needed

It is the policy of South State Bank to comply with the Bank Secrecy Act (BSA), USA PATRIOT Act, and the requirements of the Office of Foreign Assets Control (OFAC), and other related anti-money laundering/ anti-terrorist financing initiatives. The Bank has established a Bank Secrecy Act/ Anti-Money Laundering/Office of Foreign Assets Control (BSA/AML/OFAC) Compliance Program, covering all requirements of the BSA, USA PATRIOT Act and OFAC rules and regulations. Upon completion of required training, the Board of Directors of South State Bank shall hold each employee accountable for adhering to the established operating procedures and internal controls as set forth in the Bank’s BSA/AML/OFAC Program. Continued instances of non-compliance or willful violation of law may result in disciplinary action, up to and including termination.

TRAINING REQUIREMENTS/CLASSES

Required annual compliance training.