Alerts Analyst II - BSA/AML

Summary

Join Pathward, a hybrid, remote-office financial empowerment company, and contribute to the development, implementation, and oversight of the organization's Financial Crime Investigation (FIU) Management Program. You will design and manage the implementation of FIU management processes, ensuring compliance with risk management policies. Responsibilities include conducting risk assessments, analyzing data for anomalies, verifying client identities, and adhering to KYC/EDD procedures. You will also analyze customer transactions, identify patterns, and escalate complex cases. This role requires a bachelor's degree or equivalent experience and 3+ years of experience in a relevant field, along with BSA/AML expertise and strong analytical and communication skills. Pathward offers a comprehensive benefits package including health insurance, 401(k), life insurance, disability benefits, and paid time off.

Requirements

• Bachelor's degree in a relevant field such as Business, Criminal Justice, or Finance or equivalent work experience
• BSA/AML Expertise: Comprehensive knowledge of BSA/AML regulations with a minimum of three years of direct experience in a compliance or investigative capacity
• Critical Thinking Skills: Exceptional analytical, research, and problem-solving abilities to identify patterns and risks in complex data sets
• Technical Proficiency: Advanced proficiency in Microsoft Excel, PowerPoint, and Word, with a proven ability to quickly adapt to and learn new technologies and compliance tools
• Effective Communication: Strong verbal and written communication skills, coupled with excellent interpersonal abilities to foster collaboration and deliver insights effectively
• Multitasking and Independence: Demonstrated ability to manage multiple priorities, work independently with minimal oversight, and contribute effectively in a team environment
• Attention to detail
• The ability to manage multiple, competing priorities
• Strong written and verbal communication skills

Responsibilities

• Design and managing the implementation of FIU management process for the organization including complex risk assessments involving analyzing and identifying, describing, and estimating the risks affecting the business and corporate initiatives
• Ensure compliance with the risk management policies and facilitate ongoing independent risk assessments as needed
• Complete variance trend analysis and provide support and justification
• Proactively identify data anomalies and red flags related to money laundering, terrorist financing, fraud, and sanctions violations. Escalate complex cases for second-level review as needed, demonstrating sound judgment and attention to detail
• Conduct thorough verification of client identities to gain a deep understanding of the nature and purpose of their relationships with financial institutions. Ensure strict adherence. to Know Your Customer (KYC) and Enhanced Due Diligence (EDD) procedures
• Analyze customer transactions and activities against expected behaviors to identify patterns and generate actionable insights for strengthening compliance frameworks
• Perform problem management, resolution, escalation of issues as necessary
• Other duties as assigned

Preferred Qualifications

• Preferred: Certified BSA/AML professional (CBAP)
• Preferred: Certified Anti-Money Laundering Specialist (CAMS)
• Preferred: Certified Financial Crime Specialist (CFCS)
• Typically, 3+ years of experience in banking, finance, or compliance

Benefits

• Health insurance
• 401(k) retirement benefits
• Life insurance
• Disability benefits
• Paid time off