Deposit Risk Analyst

1st National Bank of Arizona
OPPORTUNITY IS KNOCKING!! Don't miss the chance to put your talent to work and become a part of our RISK MANAGEMENT TEAM!!We are currently seeking a Deposit Risk Analyst for our Scottsdale, AZ location. This position is responsible for monitoring all deposit accounts from a risk perspective to protect the bank from possible loss exposure due do to uncollected funds, kiting, overdrafts, suspicious transactions and high risk customers. Works closely with all lines of business assisting with deposit accounts by helping manage the accounts and avoid losses for the bank. Works indepently and makes decision on how to handle certain situation s with customer’s accounts. acts as back up to regional operations managers to answers questions from the banking centers as it pertains to policy and procedure.
Additional position responsibilities will include the following:Monitor Uncollected Funds Activity on all deposit accounts in the Bank. Works directly with Banking Center Managers and Commercial Relationship Managers to help manage the deposit relationship from a risk perspective. Monitors accounts and determines if the activity demonstrates possibly kiting and/or suspicious activity and escalates the issues to the appropriate individuals when necessary.
Handles Overdrawn Checking Accounts after the account has been overdrawn for 10 days working with the customers and/or relationship managers to collect overdrafts and avoid losses. Handles the charging off of all deposit accounts ensuring accounts are charged off in a timely manner per policy.
Monitors Large Deposit Report to determine if a hold, per REG CC guidelines should be placed on the account based on customer’s relationship and account activity. Monitors notification on Large Return Items and works closely with Regional Operations Managers to protect the bank from losses. When necessary escalates situation to Security and or Bank Secrecy Officer. Completes Suspicious Activity Report (SAR) as needed.
Monitors Return Item Processing, Uncollected Funds Activity, REG O and suspicious transactions on all Employee Accounts.
Works closely with business units on the due diligence required when banking high-risk customers. Annually reviews activity and reports to BSA Officer.
Acts as a back up to Regional Operations Managers by assisting Banking Centers on questions regarding policy and procedure, working with Banking Center Operations Support on researching items related to customer activity and act as a resource to assist in correcting customer/account information that may cause a reporting error, compliance error and/or a customer service issue.
We will reward you with a competitive compensation and benefits package including medical, dental, vision, life, 401K, flex accounts, paid time off and tuition reimbursement, as well as a unique team environment.We pride ourselves on our company & our staff. That means we want the best. If you are a hard working professional, WE WANT YOU! Feel free to check us out and apply online at www.fnbaonline.com or apply online below.Career Builder Related Terms: credit, profit, loss, P&L, financial, loan, treasury, analyst, investment, risk
REQUIREMENTS
EXPERIENCE: Five (5) years Retail Operations Experience with emphasis on managing deposit accounts with thorough knowledge of retail products, operations, systems, policies and procedures.EDUCATION: High school diploma or equivalent required. College degree preferred.SKILLS: Exceptional written and verbal communication skills with analytical skills. Ability to work independently with special attention to detail. Ability to work well with internal and external customers. Strong PC skills including Word, Excel, Access and Outlook.