Compliance Analyst

Essential Duties and Responsibilities: To perform this job successfully, an individual must be able to perform the following satisfactorily; other duties may be assigned. 

• Works independently under limited supervision to execute AML and compliance responsibilities, exercising a high level of decision making to resolve problems and roadblocks as they occur.
• Assist with monitoring compliance with consumer protection regulations and other applicable banking regulations.
• Perform enhanced due diligence (EDD) reviews for high-risk customers, including cash-intensive businesses, foreign customers, politically exposed persons (PEPs), and other elevated-risk relationships; document findings, update customer profiles, and escalate exceptions for review.
• Prepares and files required FinCEN/BSA reports, including Currency Transaction Reports, suspicious activity reports, as necessary in a timely manner.
• Reviews, evaluates, investigates, and documents suspicious activity or transactions and escalates matters for reporting or further review where appropriate.
• Adjudicate transaction monitoring alerts – clear, escalate, or document false positives, document rationale; track patterns.
• Identify potential monitoring rule enhancements, threshold adjustments, and typology gaps based on investigative findings and emerging risks.
• Review sanctions screening, watchlist alerts and potential OFAC matches, documenting investigative findings and escalating confirmed or potential matches in accordance with established procedures.
• Supports adherence to Battle’s AML Customer Identification Program and Know Your Customer due diligence protocols in partnership with relevant business units.
• Assist with maintaining effective Compliance training including introductory training for new employees and annual training.
• Assist with internal compliance testing to assess regulatory adherence
• Prepares written reports, summaries, and communications regarding AML activity, emerging issues, and compliance matters for management and staff.
• Assists in identifying, monitoring, and reporting on other compliance responsibilities as assigned.
• Assess risk based due diligence models for individuals and business entities
• Maintain accurate documentation for audit and regulatory review
• Support internal and external audits as required.

 

Competencies: To perform the job successfully, an individual should demonstrate the following.

• Communication – Expresses ideas and thoughts articulately in both verbal and written form; exhibits active listening and comprehension; keeps employees and managers adequately informed; selects and uses appropriate communication methods. 
• Job Knowledge – Competent in required job skills and knowledge; exhibits ability to learn and apply new skills; keeps abreast of current developments; requires minimal supervision; displays understanding of how job relates to others; uses resources effectively. 
• Judgment – Displays willingness to make decisions; exhibits sound and accurate judgment; supports and explains reasoning for decisions; includes appropriate employees and managers in decision-making process; makes timely decisions.  Excellent judgement and ability to handle sensitive matters.
• Organizational Support – Follows policies and procedures; completes administrative tasks correctly and on time; supports company’s goals and values.
• Planning/Organizing – Prioritizes and plans work activities; uses time efficiently; plans for additional resources; sets goals and objectives; develops realistic action plans. 
• Project Management – Listens attentively to project requirements and asks clarifying questions for further understanding; communicates progress and roadblocks timely; completes projects on time and budget. 

 

Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

 

• Experience in AML or related compliance field strongly preferred
• Working knowledge of compliance testing
• Work independently with minimal supervision
• Regulatory compliance mindset
• Risk assessment and fraud detection
• Strong decision-making skills
• Organizational and time management skills
• Effective communication and collaboration
• Ability to manage priorities in a fast-paced, dynamic environment
• Ability to self-motivate, work independently as well as collaboratively

 

Education/Experience: 3-5 years of BSA/AML or regulatory compliance experience within a bank, fintech, credit union or other regulated financial institution with a clear track record of owning cases, not just reviewing colleagues’ work.

Knowledge of:

• BSA (Bank Secrecy Act)
• AML regulations
• OFAC requirements
• CIP/KYC standards
• Strong analytical and investigative skills
• High attention to detail and accuracy
• Ability to handle confidential financial information
• Hands-on experience with transaction monitoring platforms and rule tuning, BONUS if more specifically experience with FCRM

 

Language Ability: Excellent written and verbal communication and presentation skills. Articulate and effectively relay information and respond to questions from employees, managers, and external vendors.

 

Mathematical Ability: Competent in mathematical operations, including addition, subtraction, multiplication, and division across all units of measure, incorporating whole numbers, common fractions, and decimals. Accurately compute rates, rations, and percentages.

 

Reasoning Ability: Define problems, collect data, establish facts, and draw valid conclusions. Solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Interpret a variety of instructions furnished in written, oral, diagram, or schedule form and deal with several abstract and concrete variables.

 

Computer Skills: Demonstrate proficiency in using Microsoft Office Suite, especially Word, Excel, and PowerPoint, and experience with AML monitoring platform.

 

Certificates and Licenses: None required.

 

Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

 

This position is fully remote.  The work environment is fast-paced, and heavily reliant on technology.  Individuals must be comfortable with computer systems, email, web-based applications, and a paperless environment. 

 

Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

While performing the duties of this job, the employee is regularly required to sit. The employee is frequently required to talk, hear and use hands to execute tasks. The employee is occasionally required to stand and move around for work. The employee must be able to lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision. 

 

The above job description is not intended to be an all-inclusive list of duties and standards of the position.