Job Description:
Position Title: Compliance Analyst
Date: Nov 25, 2024
Location: San Juan, PR
Company: Popular Bank
General Description
Performs ongoing monitoring analysis of transactions to assure compliance with Bank Secrecy Bank (BSA), USA Patriot Act, Anti-Money Laundering (AML), Currency Transaction Reporting (CTR), Suspicious Activity Reporting (SAR), OFAC, among others US Financial Institutions regulations. Stay abreast of changes to federal and state banking laws and regulations affecting the management, operations and product offering of the Bank. Collaborate in the assessment of money laundering/terrorist financing risk and recommend actions to be taken and/or controls to be followed. Ensure Know Your Customer documentation is complete and up to date.
Essential Duties and Responsibilities
• Analyzes customer transactions to validate that are aligned to their profiles.
• Identify any unusual patterns, behaviors of transactions, among others.
• Collect supporting documentation to sustenance the analysis.
• Redact a detailed analysis with the customer descriptions, chronicle of events, transactions observed, identified patterns and the conducted rationale for the final recommended decision.
• Escalate for investigation, customers with unusual or suspicious transactions, that may be an indicative of possible money laundering
Education
Bachelor's Degree in Business Administration or Criminal Justice
Experience
Minimum of 2 years relevant experience in Banking Industry, Compliance or Risk Management.
Other Qualifications
- Must be willing to work flexible hours as necessary.
- Practical knowledge of AML, BSA, USA Patriot Act and OFAC regulatory requirements.
- Knowledge of all applicable banking policies, procedures, laws, and regulations.
- Previous BSA/AML, fraud, loss prevention or corporate security investigative experience, or experience analyzing customer financial activity for unusual behavior, preferred.
- Analytical skills.
- Knowledge of banking systems and products.
- Ability to present information in a concise and effective manner.
- Proven ability to communicate effectively in Spanish and English both orally and in writing.
- Highly Proficient with MS Office (Word, Excel, Access and PowerPoint).
- Excellent interpersonal and teamwork skills.
- Ability to work with minimum supervision and delivery dates.
- Ability to work under pressure, maintaining the quality of the work.
- Ability to multi-task and set priorities.
Values
- Passion for People
- Own Every Moment
- Succeed Together
- Build the Future
Important: The candidate must provide evidence of academic preparation or courses related to the job posting, if necessary.
ABOUT US
Popular is Puerto Rico’s leading financial institution and have been evolving since it was founded over a century ago. From a small bank it has developed into a large corporation that offer a wide variety of services and financial solutions to our customers, with presence in the United States, the Caribbean and Latin America.
As employees, we are dedicated to making our customers dreams come true by offering financial solutions in each stage of their life. Our extensive trajectory demonstrates the resiliency and determination of our employees to innovate, reach for the right solutions and strongly support the communities we serve; therefore, we value their diverse skills, experiences and backgrounds.
We reaffirm our commitment to always offer essential financial services and solutions for our customers and communities, including during emergency situations and/or natural disasters. Popular’s employees are considered essential workers, whose role is critical in the continuity of these important services even under such circumstances. By applying to this position, you acknowledge that Popular may require your services during and immediately after any such events.
If you have a disability or need more information about requesting an accommodation, please contact us at asesorialaboral@popular.com. This email inbox is monitored for such types of requests only. All information you provide will be kept confidential and will be used only to the extent required to provide needed exemptions or reasonable accommodations. Any other correspondence will not receive a response.
Are you ready for a rewarding career?
Popular is an Equal Opportunity Employer
Learn more about us at www.popular.com and keep updated with our latest job postings at www.jobs.popular.com.
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Job Segment: Compliance, Law, Legal
PI255657181
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