Financial Crimes Compliance Analyst (BSA/AML)

CC Pace Systems • San Antonio, TX

1d • Hybrid

About The Position

In this role, you will support our client's compliance efforts by helping to identify and prevent money laundering and other financial crimes. You will gain hands-on exposure to Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) regulations, building valuable knowledge and experience in financial compliance. The ideal candidate has a strong interest in regulatory compliance, solid analytical skills, and close attention to detail. As a Business Operations Analyst III within the BSA Department, you will collaborate with compliance and risk management teams to monitor and analyze transactions, perform due diligence, and help ensure the institution's compliance with regulatory requirements. This position offers meaningful opportunities for professional growth, providing practical experience and training to support a successful career in financial compliance.

Requirements

• 2-3 years of experience within the financial industry
• Strong analytical and problem-solving skills, with keen attention to detail
• Excellent communication and interpersonal skills, with the ability to work collaboratively in a team environment
• Basic understanding of BSA/AML regulations and financial compliance standards
• A strong interest in regulatory compliance and a willingness to learn more about BSA/AML regulations and best practices
• Ability to manage multiple tasks and prioritize effectively in a fast-paced environment
• Proficiency in using Microsoft Office Suite (Word, Excel, PowerPoint)

Nice To Haves

• Bachelor's degree in Business Administration, Finance, or the equivalent combination of training, education, and experience
• 1-3 years of experience in a BSA/AML related role
• Proficiency in using advanced analytical tools and techniques to assess and mitigate risks
• Familiarity with compliance laws and regulations to support monitoring and detecting suspicious activities
• Strong problem-solving skills and the ability to develop effective solutions to complex compliance issues

Responsibilities

• Assist in monitoring and analyzing transactions to identify suspicious activities and potential money laundering risks
• Support the investigation of alerts generated by transaction monitoring systems, documenting findings, and escalating cases as necessary
• Perform due diligence on customers, including Customer Identification Program (CIP), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) procedures
• Collaborate with compliance and risk management teams to ensure adherence to BSA/AML regulations and guidelines
• Assist in the preparation of reports and presentations for senior management and regulatory authorities
• Review/create process flows for high-risk functions
• Work with multiple lines of business to establish documentation of key functions
• Perform other duties as assigned

What This Job Offers

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