Financial Crimes Data Analyst

Evolve Careers•Memphis, TN

About The Position

The Financial Crimes Data Analyst will be responsible for assisting the Financial Crimes Technology Manager to build and maintain datasets and associated functions related to the Bank Secrecy Act, Anti-Money Laundering and the Office of Foreign Assets Control (BSA/AML/OFAC) regulatory functions. They will collaborate with AFC team members to gather requirements to help detect and prevent financial crimes by utilizing systems and data to mitigate risk.

Requirements

Bachelor's degree preferred or relevant experience in technology and data.
5-7 years experience working with large data sets and developing data modeling and analysis.
Strong programming skills such as SQL or similar languages.
Experience with AML transaction and OFAC list screening tools and technologies.
CAMS, CFE, or equivalent certification(s) or willingness to obtain certification.
Ability to develop and/or enhance AML operating processes to achieve high levels of effectiveness.
Ability to organize, analyze and interpret data to explain complex irregularities or trends.
Strong attention to detail and accuracy.
Ability to develop, create and improve systems, structures, and processes.
Effective time management, planning and organizational skills.
Ability to observe strict confidentiality requirements.
Strong troubleshooting skills and the ability to resolve complex problems with minimal guidance.
Ability to manage multiple tasks/projects and deadlines simultaneously.
Is able to work independently, requiring little to no prompting from leadership.
Strong verbal and written communication skills.
Demonstrated ability to work collaboratively across teams to achieve a common goal.

Responsibilities

Help build and tune transaction monitoring rules for AML compliance and OFAC list screening.
Build and refine models to detect suspicious activity related to BSA/AML/OFAC operations.
Become the BSA/AML/OFAC authority on data and associated requirements; learn and master Evolves’ data set and collaborate across teams to surface potential risks and uncover value through data analysis.
Conduct testing, read A/B tests, and perform ad hoc analysis for the AFC team.
Ensure data integrity feeding the systems through quality control measures, gathering of data requirements and data mapping exercises.
Partner with Evolve IT and Product teams in maintaining data.
Assist and coach team members to improve overall efficiency, effectiveness, and career growth.
Review work in accordance with BSA/AML/OFAC, FinCEN and Evolve policies and procedures.
Drive process improvements to create greater effectiveness and efficiency within all areas of responsibility.
Create and maintain dashboards and reports for the AFC team to monitor AFC systems performance and rules execution.
Provide updates for the Executive Team and Board of Directors, as needed.
Demonstrate compliance with all bank regulations that apply to your position; keep current with industry related regulations.
Follow all applicable federal laws, rules, and regulations relating to the Bank Secrecy Act, Anti-Money Laundering and the Office of Foreign Assets Control (BSA/AML/OFAC).