Fraud Operations Associate

at  Texas Capital Bank

Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big firms at a scale that works for our clients, with highly experienced bankers who truly invest in people’s success — today and tomorrow.
While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment — investing the time and resources to understand our clients’ immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long-lasting relationships.
Texas Capital provides a variety of benefits to colleagues, including health insurance coverage, wellness program, fertility and family building aids, life and disability insurance, retirement savings plans with a generous 401K match, paid leave programs, paid holidays, and paid time off (PTO).
Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, Texas Capital was recently named Best Regional Bank in 2024 by Bankrate and was named to The Dallas Morning News’ Dallas-Fort Worth metroplex Top Workplaces 2023 and GoBankingRate’s 2023 list of Best Regional Banks. For more information about joining our team, please visit us at
www.texascapitalbank.com
.

Responsibilities:

• Periodically reviews the staff’s work to ensure that TCB is filing certain reports and/ or producing records within government mandated timeframes and to ensure accuracy of work.
• Provides monthly metrics and results and trend analyses to management.
• Develops, enhances, and implements compliance policies and procedures, as needed, to address regulatory or business changes.
• Executing procedures as prescribed; opening reviews for all matters upon which an assessment is performed; determining that an investigation is or is not warranted;
• Guaranteeing completeness and consistency in the assessments;
• Analyze and assess research results and conduct complex data analysis;
• Ensure appropriate collection and analysis of documents to obtain a complete understanding of the client and identify unusual transaction patterns;
• Document the data or information upon which the decision whether proceed or not to proceed to investigation was made;
• Identify trends or typologies of incoming referrals to the Unit;
• Maintain end-to-end tracking of incoming assessments to ensure that the decision is determined in a timely manner and as needed, feedback is provided to the referring parties;

Qualifications:

• Minimum 1+ year’s professional experience specific to the areas of investigations, compliance, or audit.
• Excellent writing skills are required.
• Knowledge of the laws and regulation applicable to money laundering, including the Bank Secrecy Act (BSA), The USA Patriot Act, OFAC requirements, FinCEN requirements, and Suspicious Activity Report (SAR) requirements.
• Strong interpersonal skills.
• Ability to develop strong and productive work relationships with others (i.e. peers, management, etc.).
• Excellent organizational, time management, and project management skills.
• Excellent research skills, including experience with online research tools.
• Advanced proficiency in Microsoft Word, Excel, Access, PowerPoint, and Outlook.
• Strong written, analytical, and communication skills.
• Able to multitask and complete projects on time
• 2 years supervisory or strong team leadership experience.
• Experience with implementing controls and process improvements in a Fraud/AML or Financial Regulatory environment
• Demonstrate negotiating skills that employ tact and discretion.
• Demonstrate ability to make quick, yet sound decisions, and communicate negative and adverse messages professionally, under difficult circumstances.
• Proficient with MS Excel, Word and ability to learn database applications; Access preferred.
• Demonstrate professional communication skills with internal and external customers at varying levels.
• Demonstrate organization and time management skills.
• Demonstrate ability to handle multiple priorities in a dynamic environment.
• Demonstrate oral and written communication skills.
• Demonstrate analytical and problem-solving skills.
• Knowledge of anti-money laundering compliance requirements for money services businesses preferred.
• Broad base of knowledge of money laundering schemes and trends.

The duties listed above are the essential functions, or fundamental duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.Texas Capital is an Equal Opportunity Employer

• Periodically reviews the staff’s work to ensure that TCB is filing certain reports and/ or producing records within government mandated timeframes and to ensure accuracy of work.
• Provides monthly metrics and results and trend analyses to management.
• Develops, enhances, and implements compliance policies and procedures, as needed, to address regulatory or business changes.
• Executing procedures as prescribed; opening reviews for all matters upon which an assessment is performed; determining that an investigation is or is not warranted;
• Guaranteeing completeness and consistency in the assessments;
• Analyze and assess research results and conduct complex data analysis;
• Ensure appropriate collection and analysis of documents to obtain a complete understanding of the client and identify unusual transaction patterns;
• Document the data or information upon which the decision whether proceed or not to proceed to investigation was made;
• Identify trends or typologies of incoming referrals to the Unit;
• Maintain end-to-end tracking of incoming assessments to ensure that the decision is determined in a timely manner and as needed, feedback is provided to the referring parties