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Synovus

Synovus is an Equal Opportunity Employer committed to fostering an inclusive work environment.

BSA Business Analyst

Business AnalystBusiness AnalystFull TimeRemoteMid LevelTeam 5,001-10,000

Location

United States

Posted

79 days ago

Salary

0

Seniority

Mid Level

No structured requirement data.

Job Description

BSA Business Analyst

Synovus

Role Description Responsible for BSA/AML/OFAC Compliance functions for assigned regions, business segments, and BSA/AML/OFAC Compliance units within the financial services holding company to fulfill regulatory compliance management requirements in support of the enterprise-wide BSA/AML/OFAC compliance program. Uses professional knowledge, experience and analytical criteria to identify BSA/AML/OFAC compliance risk and helps ensure that proper controls, procedures, processes and training are developed to mitigate these risks. - Serves as a Enterprise - BSA Compliance Business systems subject matter expert and system resource, taking a lead role in the application of these area(s) of expertise. - Provides technical innovation and leadership to satisfy customers' business requirements. - Provides direction in one or more IT system platforms. - Assists in the business process design, redesign and documentation as needed for new technology; ensures technology solutions are in compliance with and uphold organizational standards. - Develops business models to represent requirements, such as use cases, business process flows, and data flow diagrams. - Provides direction and training to team members on support IT - BSA system platforms. - Supports multiple system related projects to enhance and build sustainable integrated processes. - Ensures that data integrity issues are minimized. - Analyzes and gathers requirements for system workflows. - Creates detailed business cases and technical specification documents and provides support for implementation and post-implementation processes. - Facilitates meetings with lines of business and peer groups. - Works directly with the stakeholders to solicit, analyze, and partners with IT to document and manage BSA requirements through the full project life cycle. - Assists in designing visual mock-ups for application development. - Maintains constant communication with Synovus bank management at all levels, and develops strong working relationships. - Obtains, captures, and validates needed information from stakeholders to form requirements through various analysis techniques. - Translates high level business requirements into specifications for Vendors and IT organization. - Responsible for requirements management, approval, change, and traceability. - Proactively identifies gaps and recommends effective controls to the business for strengthening the target state environment. - Works on multiple projects as a project leader and assists in evaluating and identifying project complexity, assumptions, constraints, and dependencies. - Provides technical advice on the industry standards, design, usage, functionality, behavior, and user interface specifications and configuration parameters related to supported or proposed technologies and services to fit business needs. - Ensures the alignment of third party vendor controls and standards with current organizational Enterprise Risk Management (ERM) governance. - Navigates and oversees projects to support the strategy and implementation of regulatory requirements. - Collaborates with Vendor Management, Information Technology and Operations to ensure systems and system interfaces adhere to regulatory requirements. - Manages the process of resolving business system problems and/or assumes responsibility for maintaining system integrity. - Maintains a working knowledge of functional changes to the system. - Maintains system configurations of the IT system platforms in relation to business needs. - Conducts systems analysis with a focus on business process models and use. - Maintains a current knowledge base and understanding of technological trends; uses IT knowledge base to bring solutions to business units supported and enhance BSA Compliance's competitive edge. - Performs root cause analyses of errors and system issues identified. - Outlines and documents all root cause analysis outputs, with a focus on continuous improvement. - Proactively monitors industry and regulatory activity to identify trends, potential impact, best practices and opportunities for ongoing improvements to the BSA Compliance Program. - Partners with risk management colleagues to assess the impact of required changes to policy and procedures across areas with business partner leads. - Each team member is expected to be aware of risk within their functional area, observing all policies, procedures, laws, regulations and risk limits specific to their role. - Additionally, they should raise and report known or suspected violations to the appropriate Company authority in a timely fashion. - Performs other related duties as required. Qualifications - Bachelor's Degree in Business Administration or related discipline, or an equivalent combination of education and experience. - 5 - 8 years job specific experience. - 5 years experience in AML/BSA compliance. - High level knowledge of BSA/AML/OFAC law and regulations. - Interpersonal skills and the ability to comfortably speak with individuals of all levels within and outside the organization. - Written communication skills and the ability to articulate well in writing. - Organizational skills and the ability to develop and adhere to a plan. - Time management skills and the ability to work on multiple priorities simultaneously. - Proficient in Word, Excel, and automated monitoring systems.

Job Requirements

  • Bachelor's Degree in Business Administration or related discipline, or an equivalent combination of education and experience.
  • 5 - 8 years job specific experience.
  • 5 years experience in AML/BSA compliance.
  • High level knowledge of BSA/AML/OFAC law and regulations.
  • Interpersonal skills and the ability to comfortably speak with individuals of all levels within and outside the organization.
  • Written communication skills and the ability to articulate well in writing.
  • Organizational skills and the ability to develop and adhere to a plan.
  • Time management skills and the ability to work on multiple priorities simultaneously.
  • Proficient in Word, Excel, and automated monitoring systems.

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