Financial Crimes Compliance, Operations - Analyst

MUFG (DBA)•Irving, TX

41d•$67,000 - $80,000•Hybrid

About The Position

The Financial Crimes Compliance Analyst will support the Policy and Governance Team Lead in FIU by assisting in policy development, governance oversight, and regulatory alignment supporting the institutions' crime risk management strategies. The FCC Analyst will also be responsible for conducting extensive investigations to identify potentially suspicious financial and/or fraudulent activity, to include money laundering, terrorist financing, fraud and/or any other financial risk or crime. This role provides foundational experience in compliance, policy development, and governance within a global financial institution. Analysts in this role will gain exposure to AML frameworks, regulatory standards, and FIU operations.

Requirements

1-3 years in banking, with a strong emphasis on BSA, AML and OFAC laws and regulations.
1-3 years proficiency in Microsoft Office (Word, Excel, PowerPoint) is required; comfort with data analysis tools is a plus.
Knowledge of the laws applicable to money laundering, to include the BSA, The Patriot Act, U.S. Treasury AML guidelines, OFAC requirements and Suspicious Activity Reporting requirements.
Understanding of banking and financial services, including an understanding of the various types of products, services, and transactions that are typical for a Financial Institution.
Experience in analyzing and managing financial crime investigative processes.
Process oriented coupled with a strong ability to understand appropriate program enhancing strategies.
Experience interacting with senior managers and compliance subject matter experts.
Collaborative with strong interpersonal communication skills; Detail-oriented and efficiently organized execution.

Nice To Haves

Prior internship, part-time, or project experience in financial services, compliance, research, or policy is a plus (not required).
CAMS certification preferred but not required.

Responsibilities

Performs routine compliance tasks and routine compliance issues, typically concerning documentation, reporting, etc. May also assist in monitoring regulatory issues and exams or audits.
Perform gap analysis to identify issues and communicate to Senior Management.
Assist in drafting, reviewing, and updating AML/FIU policies, procedures, and standards.
Research and analyze new or updated regulatory requirements to assess potential impact on FIU operations.
Participate in policy implementation and special research projects using Microsoft Office Products such as Excel and PowerPoint.
Prepare qualitative reports, data metrics workbooks, and compliance presentations for senior management, governance committees, and regulators.
Collaborate with FIU Investigations, AML Operations, Compliance Testing, and Audit teams to ensure consistency and alignment.
Assist in maintaining documentation repositories, version control, and proactive regulatory information management.
Review and research alert adjudicators and/or transactions.
Will be responsible for documenting research findings and accurately writing narratives detailing suspicious activity as required.
Communicate with AML Compliance Manager any activity and trends that could implicate potential money laundering or terrorist financing.
Analytical/Investigative skills to determine unusual or possible suspicious activity regarding transaction or account activities.