Compliance Analyst

Skills

• Knowledge of banking, money service business, and money transmission laws
• Effective interpersonal skills
• Ability to handle confidential information
• Well-organized self-starter
• Basic knowledge of BSA/AML, KYC, and OFAC regulations

Responsibilities

• Investigate alerts for suspicious transaction activity and sanctions monitoring
• Conduct customer profile KYC and enhanced due diligence reviews and research
• Remain current with industry developments and new rules/regulations in the areas of KYC, BSA/AML, and OFAC
• Complete SARs and other reporting requirements
• Assist with regulatory audits and exams
• Investigate and respond to information sharing requests and AML-related inquiries
• Respond to ad hoc requests, escalate issues, assist with case management including metrics tracking and reporting
• Maintain detailed documentation to demonstrate compliance with regulations and internal policies and procedures
• Collaborate with other teams to design and implement more efficient processes relating to transaction monitoring, KYC, and EDD
• Assist in the implementation of new regulations as they impact the business
• Other duties and responsibilities as required or assigned

Education

• B.A. / B.S. degree or equivalent experience preferred

Benefits