Sutton Bank · 1 month ago
CIP Compliance Analyst
Tampa, FL
Full-time
Hybrid
Entry, Mid Level
2+ years expSutton Bank is a financial institution focused on compliance and risk management. The CIP Compliance Analyst is responsible for supporting the Compliance and Prepaid departments with CIP/KYC testing, quality control, and various activities related to prepaid card program management.
BankingCommunitiesFinancial ServicesMortgageVenture Capital
Responsibilities
Review required CIP/KYC documentation and assure information is current and consistent across Internal and Prepaid Program Managers systems to assure a high level of data integrity
Demonstrate end-to-end knowledge of AML and KYC/CIP client due diligence process and proven ability performing KYC/CIP Quality Control checks to highlight deficiencies and improve data quality
Perform quality testing on defined samples of completed CIP from Prepaid Card Program Managers and partners
Perform root cause analysis and identify solutions and best practices to support quality of CIP and KYC Due Diligence as defined by policy and procedure
Maintain/escalate QA/Testing reporting metrics for inclusion in monthly reporting requirements to management
Assist with resolution of and research of CIP failures and exceptions
Review QA Testing results with appropriate management on a regular basis as prescribed by the function
Ensure identified risks are properly accounted for and escalated to management and tracked until resolved within issues logs
Identify and communicate error trends and high-risk cases with management team
Identification, enrichment and capturing of missing KYC data for clients
Perform data searches and/or other ad-hoc requests
Research/Monitor risk and publish appropriate reports
Follow CIP procedures and guidelines in order to achieve goals in a compliant manner
Build strong working relationships with Prepaid Card Program Managers and Track and review Quality Assurance observations
Review and compare Government issued id's for validity (i.e.: Driver's License)
Assist with building a strong understanding of regulations that outline how the KYC/CIP process is designed both internally and externally
Assist with review of internal and Prepaid Card Program Manager policies and procedures related to CIP and KYC
Assist management with CIP updates/changes, identifying gaps and deficiencies in internal and Prepaid Card Program Manager processes
Assess the need for process/procedural changes and escalate as appropriate
Assist in the implementation of new policies and procedures as appropriate
Manage and support projects and departmental initiatives
Participate in Prepaid Card Program Manager meetings
Process deliverables with accuracy and within timelines
Provide feedback and assistance to Prepaid Card Program Managers and partners
Interface with Prepaid Card Program Managers, Internal Partners, auditors and Regulatory agency personnel
Provide data as required by internal and external customers
Manage deliverables in absence of supervisor
Qualification
Required
Associate's Degree and/or Bachelor's degree in a related field
A minimum of two years of experience commensurate to job functions
Demonstrate end-to-end knowledge of AML and KYC/CIP client due diligence process
Proven ability performing KYC/CIP Quality Control checks to highlight deficiencies and improve data quality
Perform quality testing on defined samples of completed CIP from Prepaid Card Program Managers and partners
Perform root cause analysis and identify solutions and best practices to support quality of CIP and KYC Due Diligence as defined by policy and procedure
Maintain/escalate QA/Testing reporting metrics for inclusion in monthly reporting requirements to management
Assist with resolution of and research of CIP failures and exceptions
Review QA Testing results with appropriate management on a regular basis as prescribed by the function
Ensure identified risks are properly accounted for and escalated to management and tracked until resolved within issues logs
Identify and communicate error trends and high-risk cases with management team
Identification, enrichment and capturing of missing KYC data for clients
Perform data searches and/or other ad-hoc requests
Research/Monitor risk and publish appropriate reports
Follow CIP procedures and guidelines in order to achieve goals in a compliant manner
Build strong working relationships with Prepaid Card Program Managers and Track and review Quality Assurance observations
Review and compare Government issued id's for validity (i.e.: Driver's License)
Assist with building a strong understanding of regulations that outline how the KYC/CIP process is designed both internally and externally
Assist with review of internal and Prepaid Card Program Manager policies and procedures related to CIP and KYC
Assist management with CIP updates/changes, identifying gaps and deficiencies in internal and Prepaid Card Program Manager processes
Assess the need for process/procedural changes and escalate as appropriate
Assist in the implementation of new policies and procedures as appropriate
Manage and support projects and departmental initiatives
Participate in Prepaid Card Program Manager meetings
Process deliverables with accuracy and within timelines
Provide feedback and assistance to Prepaid Card Program Managers and partners
Interface with Prepaid Card Program Managers, Internal Partners, auditors and Regulatory agency personnel
Provide data as required by internal and external customers
Manage deliverables in absence of supervisor
The ability to communicate effectively and clearly, both in verbal and written communications
Working knowledge of various laws, regulations, and industry guidance that affect internal and financial institutions' compliance programs as it relates to the AML, Bank Secrecy Act and USA Patriot Act
The ability to evaluate Customer Identification Program (CIP) and KYC profiles
Excellent interpersonal skills and the ability to influence others for results
Strong knowledge of the business area that is being supported
Self-directed and motivated
Commitment to performance management
The ability to manage multiple deadlines in a fast-paced environment, accomplishing multiple tasks and resolving competing priorities effectively
Excellent problem-solving, critical thinking, and data analytical skills
Ability to read, analyze and comprehend journals, audit reports, regulations and legal documents
Ability to respond to common inquiries or complaints from employees, customers, regulatory agencies, or members of the business community
Ability to effectively present information to top management and employee groups
Preferred
Experience with Pre-paid card environment
Prior experience in performing Client Onboarding/CIP/KYC Reviews/Data Remediation
Company
Sutton Bank
Sutton Bank is a bank that provides savings, mortgage lending, and investment services.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
$15M2021-01-13Debt Financing· $15M
Leadership Team
Tony Gorrell
Chief Executive Officer and Director
Wayne McGaugh
Chief Financial Officer
Recent News
2025-11-03
2025-10-07
Company data provided by crunchbase