[Hiring] 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.