Bsa Analytics Senior Manager

ABOUT US

Coastal Community Bank is a little bit of banking and a little bit of tech-ing. The people at Coastal don't just help people with their banking; they help reshape how banking technology allows and serves EVERYONE. We think and work like entrepreneurs, always moving and constantly improving. We care about each other, are go-getters, work hard, and play hard. If you're someone who thrives on innovation, wants to help others succeed, knows how to think outside the box, and believes that we're all in this together - you belong here.

HOW THIS ROLE IMPACTS COASTAL

As the BSA Analytics Senior Manager you’ll lead a small team responsible for the analysis and tuning of the Bank’s Anti-Money Laundering (AML) rules, customer risk scoring model, and sanctions screening models to help ensure efficacy and certain technology functions of the Bank’s BSA program. This role works closely with the Deputy BSA Officer to identify, report, and remediate potential issues.

WHAT YOU’LL DO AT COASTAL

The BSA Analytics Senior Manager is responsible for the rule and settings review with assistance from their team and provide conclusions and recommendations for adjustments to senior management. This includes testing of rules, customer risk scoring, sanctions screening settings, and quantitative and qualitative analysis, including above-the-line and below-the-line testing. In this role, you’ll perform data analysis on subsets of data to identify anomalies, data quality gaps, and trends in customer behavior or risk. This role may also conduct data adequacy and quality reviews.

The BSA Analytics Senior Manager oversees and maintains technology systems used for suspicious activity monitoring, list screening, and customer risk scoring. This includes day-to-day system operations, input and output review, and quality checks.

HOW YOU’LL DO IT

• Provide internal and external service following Coastal Core Values.
• Work with Senior BSA Management to define specifications for transaction monitoring, customer risk scoring, and sanctions screening models.
• Use advanced statistical techniques in SAS such as clustering and regression analysis, trend analysis, outlier identification, and results visualization.
• Lead analysis of suspicious activity monitoring, customer risk scoring, and sanctions list screening thresholds, parameters, and settings.
• Employ project management skills such as collecting requirements, following up with all stakeholders, issue tracking and resolution, results presentation, and validation.
• Conduct reviews of data utilized across different BSA functions for quality and completeness.
• Develop data-driven insights and communicate effectively with all stakeholders.
• Participate in the maintenance, operations, and oversight of suspicious activity monitoring, list screening, and customer risk scoring systems.
• Conduct analysis of data to identify trends, anomalies, and outliers.
• Lead and develop a team of highly motivated, results-oriented individuals through effective leadership practices.
• Develop, maintain, and oversee adherence to a rule analysis schedule.
• Work with Senior BSA Management to set an appropriate technology and data strategy with other bank departments.
• Assist with developing and maintaining suspicious activity monitoring, list screening, and customer risk scoring system reporting, including rule performance and customer risk levels.
• Make recommendations for new rules based on rule analysis.
• Assist with responding to model validation, audit, and regulatory examination questions.
• Make recommendations for adjustments to thresholds, parameters, and settings based on the analysis.
• Utilize visualization techniques to showcase the analysis results in presentations, including capacity analysis, tuning analysis, and transaction and customer analysis.

WHAT YOU’LL BRING

• Strong research skills from all available sources.
• Ability to organize, analyze and interpret data to explain complex irregularities or trends.
• Strong attention to detail and accuracy.
• Strong verbal and written communication skills.
• Strong analytical skills and ability to resolve complex problems with minimal guidance.
• Demonstrated strong leadership qualities.
• Ability to develop, create and improve systems, structures, and processes.
• Demonstrated in-depth technical capabilities and professional knowledge.
• Ability to manage multiple tasks/projects and deadlines simultaneously.
• Knowledge of model risk management practices as they pertain to BSA/AML/OFAC technology.
• Broad knowledge of Bank Secrecy Act, USA Patriot Act, Office of Foreign Assets Control (OFAC), and related BSA/AML/OFAC regulations.

Qualifications

• 8-10 years of previous experience with any combination of the following: Anti-Money Laundering (AML) (including know-your-customer (KYC), customer due diligence (CDD), sanctions and payment screening, AML transaction monitoring, AML Risk assessments, or AML systems tuning and optimization); or Economic Sanctions (including sanctions risk assessments, sanctions customer or payment screening, or sanctions system tuning and optimization); or Fraud (including fraud monitoring, fraud risk assessments, or fraud metrics)
• 5-8 years of experience managing others.
• Bachelor’s degree in Mathematics, Computer Science, Information Systems, Engineering, Business, Management, or a related field.
• CAMS, CFE, or equivalent or willingness to obtain certification.
• Experience in distilling and presenting complex quantitative analyses to business users.
• Advanced knowledge of BSA/AML/OFAC requirements.

HOW YOU’LL THRIVE AT COASTAL

Be the Best – Communicate effectively, pay close attention to detail, and prioritize your personal development.

Be Relentless – Thrive in a goal-oriented environment exercising both patience and persistence. Advocate for our customers and team members and strive to promote the Coastal Difference.

Be Un-Bankey – Be a forward thinker with a creative mindset. Build long-lasting relationships promoting the Coastal Difference, built on a foundation of integrity, honesty, and trust.

Embrace Gray Thinking – Use sound judgment while decision-making and problem-solving. Think outside the box.

Stay Flexible – Organize and strategize effectively while always being prepared to adapt on the fly. Seek efficiencies for Coastal to work smarter, not harder.

Take Care of Each Other – Understand what it means to be a true team player and have your teammate's back. Practice self-awareness and build your emotional intelligence.

PHYSICAL DEMANDS

The physical demands described below are required to perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

While performing the duties of this job, the employee must:

• Have the ability to sit for extended periods of time
• Occasionally lift or move up to 10 pounds
• View and read computer screen for extended periods
• Have the ability to use electronic office equipment such as a computer keyboard, mouse, ten key, telephone, etc.
• Have the ability to perform repetitive finger, hand, and arm movement
• Have the ability to stand for extended periods of time
• Occasionally stoop, kneel, crouch, or crawl

Job Type: Full-time

Job Status: Exempt

Pay: $109,873.00 - $164,811.00 per year

Benefits:

• Employee assistance program
• Flexible Wellness Days
• Legal Insurance
• Coastal Community Bank offers a competitive salary commensurate with experience, qualifications, and location
• 401(k) with matching contribution
• Comprehensive Medical Insurance, Dental, and Vision insurance
• Pet Insurance
• Medical Flexible Spending Account
• Health Savings Account with generous employer contribution
• Long Term Disability insurance
• Coastal Community Bank Account and Loan Perks
• Technology Stipend
• Bonus Opportunity (based on Company and Individual Performance)
• Generous Vacation Time
• Paid Volunteer Time Off
• 11 Paid Holidays
• Employee Logo Wear Allowance
• Life insurance (up to twice annual salary at no cost)
• Dependent Care Flexible Spending Account
• Tuition reimbursement
• Paid Sick Time

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