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.

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