BSA/AML Enhanced Due Diligence Analyst - UT,AZ,NV,TX (Remote)

Zions Bancorporation • Midvale, UT

4d • $65,000 - $85,000 • Remote

About The Position

Zions Bancorporation is seeking a BSA/AML Enhanced Due Diligence Analyst to join their team. This is a remote position that can be located in Utah, Arizona, Nevada, or Texas. The role is responsible for BSA/AML investigative operations and applying BSA and USA PATRIOT Act requirements to daily activities. The analyst will analyze high-risk client activity for potential suspicious activity related to illegal activities such as money laundering, terrorist financing, or fraud, leveraging multiple sources for determinations. They will present logical, well-supported conclusions for customer assessments, understand and apply knowledge of BSA/AML typologies, and identify red flags and current trends of suspicious activity. The position involves communicating with retail and business line staff to gather client information, writing clear and concise communications to support conclusions, and meeting Service Level Agreement (SLA) requirements and Quality Assurance performance levels. The analyst will be responsible for multiple review-types of varying complexity, understanding and tracking each client due for review, and documenting reviews in the case management system. They will assess complex customer relationships, including those across multiple accounts, and prepare accurate and timely documentation of factual findings. Communication with retail and business line management for research, investigation, and escalation is also a key responsibility, along with compiling data and maintaining records for reporting. The role includes making recommendations for relationship disengagement to management or risk officers and meeting SLAs for scheduled reviews. Other duties as assigned.

Requirements

• 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.
• Financial crime investigation experience preferred.
• A combination of education and experience may meet requirements.
• 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.

Nice To Haves

• 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.

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.

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level