SUMMARY/OBJECTIVES

The FIU Analyst/Customer Risk supports the Bank’s enterprise-wide BSA/AML/OFAC Program to assist management in minimizing the Bank’s exposure to BSA/AML/OFAC risk by performing high risk customer reviews (HRR) and enhanced due diligence (EDD) reviews utilizing a variety of resources and tools to assess customers for BSA/AML/OFAC risk and recommend appropriate risk ratings. The FIU Analyst/Customer Risk must keep abreast of the current and emerging BSA/AML/OFAC regulations and financial crime trends and understand the Bank’s risk appetite to assist in managing and identifying higher risk accounts.

ESSENTIAL FUNCTIONS

Familiarity with complex customers such as third party payment processors, institutional investors and FinTech.

• Identify and mitigate risks associated with higher risk customers through scheduled reviews.
• Monitor, review and analyze account activity in order to identify unusual or suspicious activity.
• Develop and propose recommendations to address BSA/AML/OFAC risks and processes requiring enhancements.
• Understand trends in underlying customer data and detect risks that warrant decisioning.
• Discuss and escalate unique complex customer types, structures, financial products, services and other AML risks.
• Conduct investigations to address any irregularities and make recommendations as to whether or not additional action is warranted, including the filing of Unusual Activity Reports.
• Analyze new and existing business relationships to determine risk and provide recommendations for approval or denial.
• Analyze and document requests from Treasury Management, such as RDS and ACH origination.
• Assist in the creation and maintenance of case files documenting all information used in the review of certain

higher risk industries.

• Ability to read, analyze and interpret Federal and State banking regulations related to the Bank Secrecy Act and

Anti-Money Laundering statutes and regulations.

• Maintain proficiency in all aspects of BSA/AML compliance; attend regular BSA trainings as assigned.
• 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.

• Provide recommendations on adding, retaining, or removing customers to/from the bank’s high risk customer monitoring process through collaboration with management.

• Other duties and responsibilities may be assigned, according to the needs of the Bank.
• Familiarity with bank operations in general.

OTHER DUTIES

• Accepts other duties as assigned.

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

QUALIFICATIONS AND EDUCATION REQUIREMENTS:

• Bachelor’s degree preferred.
• In-depth knowledge of BSA/AML regulations.
• 5 years minimum of related BSA/AML experience in a financial institution.
• Demonstrated ability assessing complex customers including FinTech, Institutional Clients and Third Party Payment Processors
• Self-motivated, dependable, adaptable and detail-oriented individual with strong analytical, writing and organizational skills; Ability to write reports and business correspondence.
• Experience conducting investigations and enhanced due diligence at an advanced level. Skilled at monitoring, reviewing, and analyzing account activity in order to identify unusual or suspicious activity.
• Strong understanding of bank operations including but not limited to navigating banking systems, understanding teller transactions and interpreting customer transactions.
• Certified Anti-Money Laundering Specialist (CAMS) designation, or willingness to obtain within the first two years of employment.
• Ability to read, analyze and interpret Federal and State banking regulations related to the Bank Secrecy Act and Anti-Money Laundering.
• Working knowledge of Microsoft Office products.
• Strong computer skills (spreadsheet and word processing); knowledge of and ability to use internal bank systems a plus
• Knowledge: Ability to interface with all business lines and legal entities and people of varying level, title and knowledge; Excellent oral and written communication skills; Must be detail oriented and proficient with PC work, including Microsoft Outlook, Word, Excel, PowerPoint, and other varying software if/as needed.

TRAINING REQUIREMENTS/CLASSES

Required annual compliance training

RECOMMENDED ADDITIONAL TRAINING

New Employee Orientation

SUPERVISORY RESPONSIBILITY

This position has no supervisory responsibilities

PHYSICAL DEMANDS/WORK ENVIRONMENT

• Must be able to constantly use hands and fingers to enter data through or on a computer or answer a phone throughout most of an eight (8) hour shift.

• Must be able to hear and communicate with coworkers and customers throughout the day.

• Must be able to stand and/or sit for long periods of time. Must be able to effectively access and interpret information on computer screens, documents and reports.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Position may require regular before/after normal business hours, or regular out-of-town travel.

• Must be able to function in a professional, business office environment and act and dress appropriately for same, consistent with the Bank’s grooming and dress codes.

• Must demonstrate excellent interpersonal skills with customers and coworkers.

• Must be willing to function as a team member.

• Must be willing to demonstrate commitment to South State Bank’s mission and goals.

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed above are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

WORK ENVIRONMENT

Telecommuting roles no matter if hybrid or 100% full time telecommuting must have a secure home office environment that is free from background noise and distractions. They must also have a reliable private internet connection that is not supplied by use of cellular data (hot spot). Cable or fiber connections are preferred. Requirements are subject to change, as new systems and technology is delivered. Travel may be required to come to meetings as needed.