BSA Risk Analyst
at Phyton Talent Advisors
in
Charlotte,
North Carolina
Posted in Other 4 days ago.
Type: full-time
Job Description:
Our Client, a well known Financial is seeking a fully remote BSA Risk Analyst!Responsibilities:
- Review client records, confirm KYC data, gather and analyze documentation per regulatory and bank policy requirements.
- Assess KYC onboarding documentation and risk, collaborating with Business and Compliance/AML teams.
- Complete high-quality KYC due diligence reviews in a timely manner.
- Ensure accuracy and completeness of all KYC information.
- Coordinate with BSA Risk Manager and branch personnel to fulfill KYC requirements.
- Identify client risk and escalate red flags and potential operational issues.
- Analyze customer risk scoring tool output to identify high-risk customers for enhanced due diligence (EDD).
- Conduct 90-day EDD reviews on new high-risk customers and recommend ongoing monitoring if needed.
- Review and resolve CDD/EDD alerts and perform transactional analysis for high-risk customers.
- Provide risk-based recommendations through comprehensive written reports and analysis.
- Maintain knowledge of money laundering typologies and BSA/AML, CDD, EDD, and OFAC compliance requirements.
- Participate in training and stay updated on regulatory changes and industry trends.
- Support additional assignments and investigations as directed by management.
Requiurements:
- Strong understanding of BSA/AML-CDD/EDD regulatory requirements.
- Analytical and problem-solving skills with sound judgment in assessing suspicious activity.
- Excellent written and verbal communication skills for report preparation and collaboration.
- Strong organizational and multitasking abilities in a fast-paced environment.
- Proficiency in MS Office and specialized BSA/AML software.
- Bachelor's degree or equivalent work experience.
- 3-5 years of banking experience, with 1-2 years in BSA/AML, Compliance, or Audit.
- CAMS certification preferred.