Bsa/Aml Risk Analyst Ii

Summary

Join Pathward, a hybrid, remote-office financial empowerment company, as a BSA/AML Risk Analyst II. You will be a key member of the second line of defense for Pathward’s BSA/AML/CFT and OFAC programs, administering enterprise-wide programs and identifying compliance opportunities. Collaborate with cross-functional teams to implement solutions and provide support and consulting to business lines. This role requires a Bachelor's degree in a relevant field and 2-4 years of related experience. Pathward offers a competitive salary, performance-based incentives, and a comprehensive benefits package including health insurance, 401(k), life insurance, disability benefits, and paid time off. The company values diversity and inclusion, creating a supportive and collaborative work environment.

Requirements

• Bachelor's degree in a relevant field such as Accounting, Business, Criminal Justice, or Finance
• Knowledge of BSA/AML/CFT and OFAC regulatory requirements and at least 2-4 years of related experience
• Familiarity with banking products and services, payments, e-commerce, Fintech, sanctions, and/or trade finance
• Expertise in Microsoft products such as Excel, Word, PowerPoint
• Understanding of data structure and usage within reporting and systems
• Strong analytical, research, problem-solving, and decision-making skills
• Flexible and creative thinker who can learn independently and function in a fast-paced environment
• Skilled at organizing priorities, managing multiple complex projects at one time, and meeting deadlines
• Collaboration with other business units to manage compliance risks

Responsibilities

• Complete compliance reviews on business lines to evaluate compliance with applicable laws and regulations and company policy
• Assess adequacy of internal controls and assist with remediation as applicable
• Develop supporting documentation including procedures, workpapers, reports, and other supplemental documentation
• Serve as the subject matter expert to ensure documents, projects, processes or product initiatives comply with regulatory and legal requirements, as well as enterprise policy
• Assist in developing comprehensive line of business guidelines regarding BSA/AML/CFT compliance
• Work with business lines to implement and support BSA/AML/CFT initiatives, provide business lines with necessary support including training and process documentation
• Consult with the first line of defense by assisting in answering questions, providing technical advice and issue resolution
• Aid in the evaluation of new products and services, processes, and procedures to ensure requirements of the BSA and OFAC are met
• Assist with the development and delivery of online and instructor led training materials for compliance-based training
• Implement new procedures and tools with team members
• Assist with the enterprise BSA/AML/CFT and OFAC Risk Assessment processes including analyzing the risks associated with assigned business lines and remediating as necessary
• Ensure compliance with third-party contractual obligations around service delivery
• Stay current on financial services products and regulatory landscape
• Review laws and regulations for business impact
• Perform other duties or special projects as assigned

Preferred Qualifications

• CAMS certification preferred or willingness to acquire
• Knowledge of PowerBI, ThoughtSpot, Archer, OFAC screening solutions, and/or vendor solutions that support identity verification

Benefits

• Health insurance
• 401(k) retirement benefits
• Life insurance
• Disability benefits
• Paid time off
• Annual performance-based incentive opportunity