Financial Crimes Analyst I

Univest • Souderton, PA

106d • $50,000

About The Position

Univest Financial Corporation (UVSP), has approximately $7.9 billion in assets and $5.4 billion in assets under management and supervision (as of June, 2025). Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full-range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the Mid-Atlantic Region. For nearly 150 years, Univest has stayed true to our philanthropic spirit and the strength of our Committed to Local giving program is one of the things that differentiates us. In 2024, Univest donated $2.1 million to our local nonprofits and our employees volunteered more than 16,000 hours. We're hiring a Financial Crimes Analyst I to join our Risk Management Team. Please note, this position is based in Souderton, PA. It will move to hybrid after the initial training period.

Requirements

• Bachelor's degree in Criminal Justice, Business Administration, Accounting, or Finance and/or up to two (2) years of prior banking or Financial Crimes Compliance experience, preferably in a BSA/AML or fraud capacity.
• Highly analytical with strong written and verbal communication skills.
• Highly organized with a high level of attention to detail, an ability to follow tight regulatory guidelines and ‘think out of the box'.
• Ability to work independently and effectively manage time with minimal supervision.
• Proficient in Microsoft Office applications (Excel, Word, etc.).

Responsibilities

• Review and reconcile Currency Transaction Reports (CTRs) submitted by the bank's Financial Centers ensuring all reports are complete, accurate, and filed in accordance with regulatory expectations.
• Conduct CTR Exemption annual reviews and make recommendations regarding which customers qualify for exemptions.
• Review various reports related to Customer Identification Program (CIP), Know Your Customer (KYC), Office of Foreign Asset Control (OFAC), Beneficial Ownership, and the sale of monetary instruments.
• Assist the BSA/AML Supervisor in performing Periodic Risk Reviews of the Bank's higher risk customers.
• Conduct customer investigations upon receipt of third-party inquiries such as 314(b) information sharing requests, Grand Jury Subpoenas, Search Warrants, etc.
• Assist with performing Enhanced Due Diligence (EDD) and conduct regular on-site visits of higher risk customers including but not limited to money service business and customers with privately owned ATMs to obtain a thorough understanding of the entity, their transactions, and patterns of activities.
• Conduct Beneficial Ownership reviews to ensure complete and accurate information is collected in accordance with FinCEN's final rule on customer due diligence.
• Identify opportunities to improve the effectiveness and/or efficiency of policies, procedures and/or processes and make the appropriate recommendations to management.
• Follow all BSA policies and procedures with your work aligning with the best practices for a complex financial institution.
• Accountable for compliance with laws and regulations that apply to this position including the Univest Code of Conduct.
• Perform other duties as assigned.

Benefits

• Health Insurance: Medical, dental and vision coverage (single or family; begins the first of the month following start date).
• Retirement Plan: Participation in 401(k) plan with up to a 3% employer match after 6 months of employment.
• Paid Time Off (PTO): 15 days annually (prorated your first year).
• Short Term Disability: 10 days annually of sick time with a doctor's note (prorated your first year).
• Holiday Time Off: 11 paid holidays.
• Company paid life insurance as well as other supplemental insurances.
• Tuition reimbursement.
• Employee Wellness programs: including fitness club discounts and fitness tracker discounts/annual reimbursement.
• Discounts on loan products.
• Professional development trainings.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree