FCB Risk Analyst I

Sunwest Bank•Irvine, CA

9d•Onsite

About The Position

The FCB Risk Analyst I plays a key role within Sunwest Bank’s Foreign Correspondent Banking (FCB) Risk division, supporting the broader Financial Crimes Risk Management function. This position focuses on ensuring compliance with Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC), and regulatory expectations while monitoring FCB accounts and mitigating financial crime risks. The role works closely with leadership to support due diligence, reporting, and ongoing risk management across correspondent banking relationships.

Requirements

Bachelor’s degree or equivalent combination of education and relevant banking experience
Minimum 1 year of BSA/OFAC or related compliance experience (or transferable experience)
Fluency in Spanish
Strong attention to detail and organizational skills
Ability to manage multiple priorities in a regulated, deadline-driven environment
Proficiency in Excel, including PivotTables and data analysis
Working knowledge of banking products/services and regulatory compliance

Nice To Haves

Experience with financial crime tools (e.g., LexisNexis or similar platforms)
Experience with FiServ or comparable core banking/reporting systems
Exposure to transactional monitoring, risk assessments, and reporting frameworks
Familiarity with commercial banking environments

Responsibilities

Prepare and review FCB due diligence documentation for accuracy and completeness
Conduct Enhanced Due Diligence (EDD), including sanctions screening, PEP identification, and negative news monitoring
Monitor FCB transactions and relationships to identify trends, suspicious activity, and compliance risks
Perform OFAC and 314(a) searches for accounts and transactions
Investigate discrepancies, missing documentation, and unusual activity and collaborate with stakeholders to resolve
Support suspicious activity reporting (SAR reviews, reconciliations, and case documentation)
Partner with the FCB Risk Manager on audit findings and implementing regulatory recommendations
Maintain ongoing monitoring and transactional analysis for high-risk accounts
Serve as a point of contact for BSA/OFAC matters, including sanctions alerts and escalation items
Stay current on regulatory developments, industry standards, and compliance best practices
Support updates to policies, procedures, training programs, and risk assessments
Assist with broader BSA/OFAC compliance initiatives and special projects as assigned