Zions Bancorporation · 16 hours ago
BSA/AML Enhanced Due Diligence Analyst
Midvale, UT
Full-time
Remote
Entry Level
$55K/yr - $80K/yr
1+ years exp
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Responsibilities
Responsible for BSA/AML investigative operations and the application of the BSA and USA PATRIOT Act requirements to daily activities.
Analyze high risk client activity for possible suspicious activity related to illegal activities such as money laundering, terrorist financing or fraud.
Utilizes multiple sources for determining customer activity is not suspicious or warrants further analysis.
Present a logical supported conclusions for the customer assessment.
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 alerted activity.
Communicates with branches to gather further client information to decision the alert.
Writes communications necessary to close alerts that clearly support the conclusion.
Meet SLA requirements and Quality Assurance performance levels for completed work.
Responsible for three different types of reviews: Ongoing Due Diligence (ODD) Alert Assessments, High Risk Assessments and High Risk Reviews.
Responsible to understand each client due for review and review type.
Documents reviews in the case management system.
Assess complex customer relationships and understand relationships across multiple account relationships.
Prepare and thoroughly document factual findings in an accurate and timely manner.
Communicates with branch and department managers, as necessary, in researching and investigating cases.
Compiles data and maintains necessary records and files to assure efficient and consistent reporting of investigations.
Makes recommendations for closing account relationships to the appropriate management or risk officers.
Meet SLAs for the completion of schedule reviews.
Perform other duties as assigned.
Qualification
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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
Company
Zions Bancorporation
Zions Bancorporation is a financial services company involved in SBA lending, public finance advisory services, and agricultural finance.
10001+ employees
H1B Sponsorship
Zions Bancorporation has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (44)
2022 (62)
2021 (52)
2020 (39)
Funding
Current Stage
Public CompanyTotal Funding
$587.9M2024-11-14Post Ipo Debt· $500M
2013-09-13Post Ipo Debt· $87.9M
2010-12-20IPO
Leadership Team
Margaret Mayer
Chief Technology Officer
Recent News
Phoenix Business Journal
2024-12-17
2024-12-12
2024-12-11
Company data provided by crunchbase
