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Zions Bancorporation · 1 month ago

BSA/AML Enhanced Due Diligence Analyst - UT, TX, AZ (In Office)

Midvale, Utah, United States

Full-time

Onsite

Entry Level

$65K/yr - $85K/yr

1+ years exp

Zions Bancorporation is one of the nation’s premier financial services companies operating under local brands in high-growth western markets. They are currently seeking a BSA/AML Enhanced Due Diligence Analyst to conduct investigative operations related to BSA/AML compliance, analyze high-risk client activity, and communicate findings effectively to management and staff.

AgricultureBankingFinanceFinancial Services

Responsibilities

Responsible for BSA/AML investigative operations and the application of the BSA and USA PATRIOT Act requirements to daily activities

Analyzes high risk client activity for possible suspicious activity related to illegal activities such as money laundering, terrorist financing or fraud

Leverages multiple sources when making a determination or concluding on customer activity

Presents logical, well-supported conclusions for customer assessments

Understands and applies knowledge of BSA/AML typologies and the ability to identify red flags and current trends of suspicious activity during the review of alerting activity or periodic assessment of high-risk customer-types

Communicates with retail and business line staff to gather further client information to decision the alert or risk rating

Writes clear, concise communications that clearly support the conclusion when closing alerts, explaining or escalating activity

Meet SLA requirements and Quality Assurance performance levels for completed work

Responsible for multiple review-types, varying in complexity

Responsible for understanding/tracking each client due for review and review-type

Documents reviews in the case management system

Assesses complex customer relationships and understand relationships across multiple account relationships

Prepares and thoroughly documents factual findings in an accurate and timely manner

Communicates with retail and business line management, as necessary, in researching, investigating, and escalating cases

Compiles data and maintains necessary records and files to ensure efficient and consistent reporting of investigations

Make recommendations for relationship disengagement to management and/or appropriate risk officer

Meet SLAs for the completion of scheduled reviews

Perform other duties as assigned

Qualification

BSA/AML complianceFinancial crime investigationACAMS certificationACFE certificationACFCS certificationAnalytical skillsCustomer service skillsResearch skillsPC skillsMS ExcelMS WordDocumentation skillsCommunication skillsProblem-solving skills

Required

Requires a bachelor's degree in Intelligence Studies, Accounting, Finance or related field and 1+ years of Bank Secrecy Act and/or AML compliance processes, procedures, and regulations or other directly related compliance experience

Basic working knowledge of BSA/AML Compliance as it applies to suspicious activity for money laundering, terrorist financing and fraud

Understanding of complex financial transactions and business relationships

Good analytical, documentation, customer service and communication skills, both written and verbal

Ability to manage deadlines, be organized, follow through, detail-oriented and accurate

Ability to meet performance expectations including Service Level Agreements for errors and Quality Assurance score expectations

Ability to meet deadlines, work independently and adapt to changing priorities

Good research and problem-solving skills

Ability to translate complex situations into easily understood narratives

Ability to be an independent thinker and to defend one's own work

Ability to handle delicate and/or sensitive situations

Strong PC skills desired with an emphasis in MS Excel and Word

Knowledge of related systems used to conduct research and bank operations as it relates to the flow of funds through financial institutions

Preferred

Financial crime investigation experience preferred

Relevant Professional Certification: Association of Certified Anti-Money Laundering Specialists (ACAMS), Associate of Certified Fraud Examiners (ACFE) or Association of Certified Financial Crime Specialists (ACFCS) is a plus

Benefits

Medical, Dental and Vision Insurance - START DAY ONE!

Life and Disability Insurance, Paid Parental Leave and Adoption Assistance

Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts

Paid Training, Paid Time Off (PTO) and 11 Paid Federal Holidays, and any applicable state holidays

401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience

Mental health benefits including coaching and therapy sessions

Tuition Reimbursement for qualifying employees enrolled in an accredited degree program related to the needs of the business, maximum of $5,250 per calendar year, employees are eligible for the program upon hire

Employee Ambassador preferred banking products