Compliance Analyst

Full Time Opportunity

General Description

Performs ongoing monitoring analysis of transactions to assure compliance with Bank Secrecy Bank (BSA), USA Patriot Act, Anti-Money Laundering (AML), Currency Transaction Reporting (CTR), Suspicious Activity Reporting (SAR), OFAC, among other US Financial Institutions regulations.

Essential Duties and Responsibilities

Stay abreast of changes to federal and state banking laws and regulations affecting the management, operations and product offering of the Bank.

Collaborate in the assessment of money laundering/terrorist financing risk and recommend actions to be taken and/or controls to be followed.

Ensure Know Your Customer (KYC) documentation is complete and up to date.

Analyzes customer transactions to validate that are aligned to their profiles.

Identify any unusual patterns, behaviors of transactions, among others.

Collect supporting documentation that endorse the analysis.

Redact a detailed analysis with the customer descriptions, chronicle of events, transactions observed, identified patterns and the conducted rational for the final recommended decision.

Escalate for investigation, customers with unusual or suspicious transactions, that may be an indicative of possible money laundering.

Minimum Education

Bachelor's Degree in Business Administration
Experience

Two years relevant experience in Banking Industry, Compliance or Risk Management.

Knowledge of AML, BSA, USA Patriot Act and OFAC regulatory requirements and all applicable banking policies, procedures, laws, and regulations.

Experience managing BSA/AML, fraud, loss prevention or corporate security investigative experience, or experience analyzing customer financial activity for unusual behavior, preferred.

Certifications / Licenses

Certified Anti-Money Laundering Specialist (CAMS)
Other Qualifications

Knowledge of banking systems and products

Certified Anti Money Laundering Specialist certification (CAMS) preferred.

Bilingual
(oral &
written
)

Technology oriented; power user of MS Office 365.

Ability to work under pressure, maintaining the quality of the work |
multi-task and set priorities

Must be willing to work flexible hours as necessary

Competencies

Accountability (L)
Business Excellence
Analytical Discipline
Change Agent
Character
Collaboration & Teamwork
Customer Centric
Self Development
Popular Inc., is an Equal Opportunity Employer

Job Segment:

Compliance, Law, Legal