BSA/AML Enhanced Due Diligence Analyst

Zions Bank • Midvale, UT

392d • $55,000 - $80,000 • Remote

About The Position

The BSA/AML Enhanced Due Diligence Analyst is responsible for conducting investigative operations related to the Bank Secrecy Act (BSA) and the USA PATRIOT Act. This role involves analyzing high-risk client activities for potential suspicious activities, documenting findings, and communicating with various stakeholders to ensure compliance with regulations. The position is fully remote within the Zions Bancorporation footprint and requires a strong understanding of financial crime investigation and compliance processes.

Requirements

• Bachelor's degree in Intelligence Studies, Accounting, Finance, or related field.
• 1+ years of experience in Bank Secrecy Act and/or AML compliance processes or related compliance experience.
• Financial crime investigation experience preferred.
• Relevant Professional Certification (ACAMS, ACFE, ACFCS) is a plus.
• Basic working knowledge of BSA/AML Compliance as it applies to suspicious activity.
• Understanding of complex financial transactions and business relationships.
• Good analytical, documentation, customer service, and communication skills.
• Ability to manage deadlines, be organized, and detail-oriented.
• Ability to meet performance expectations including Service Level Agreements and Quality Assurance scores.
• Good research and problem-solving skills.
• Ability to translate complex situations into easily understood narratives.
• Ability to handle delicate and/or sensitive situations.
• Strong PC skills, especially in MS Excel and Word.

Nice To Haves

• Knowledge of related systems used to conduct research and bank operations.

Responsibilities

• Conduct BSA/AML investigative operations and apply BSA and USA PATRIOT Act requirements to daily activities.
• Analyze high-risk client activity for possible suspicious activity related to money laundering, terrorist financing, or fraud.
• Utilize multiple sources to determine if customer activity is suspicious or warrants further analysis.
• Present logical supported conclusions for customer assessments.
• Understand and apply knowledge of BSA/AML typologies and identify red flags and trends of suspicious activity.
• Communicate with branches to gather further client information to assess alerts.
• Write communications necessary to close alerts that support the conclusion.
• Meet SLA requirements and Quality Assurance performance levels for completed work.
• Conduct three types of reviews: Ongoing Due Diligence (ODD) Alert Assessments, High Risk Assessments, and High Risk Reviews.
• Document reviews in the case management system.
• Assess complex customer relationships across multiple accounts.
• Prepare and document factual findings accurately and timely.
• Communicate with branch and department managers in researching and investigating cases.
• Compile data and maintain records for efficient reporting of investigations.
• Make recommendations for closing account relationships to management or risk officers.
• Meet SLAs for the completion of scheduled reviews.
• Perform other duties as assigned.

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
• Mental health benefits including coaching and therapy sessions
• Tuition Reimbursement for qualifying employees up to $5,250 per calendar year

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Management of Companies and Enterprises
• Education Level: Bachelor's degree