Risk Operations Analyst

Stream • Arlington, TX

2d • Hybrid

About The Position

The Risk Operations analyst role is part of our Global Business Operations team. The role responsibilities include completing Know Your Business(‘KYB”) for new and existing clients through onboarding AML and credit worthiness checks in addition to periodic and on-going monitoring. The Risk Ops Analyst will report into our Risk Ops Manager as a 1st line of defence role and work closely with our Risk and Compliance teams in the US and in the UK.

Requirements

• Ensuring all required onboarding due diligence checks for Credit Risk and AML regulations are completed for new and existing customers/clients in line with our Policies
• Use business intelligence systems to monitor creditworthiness of our client organisations
• Reviewing KYB checks, as part of our client onboarding process, and ensure requested documentation and information is provided in a timely manner.
• Assist in performing additional KYC / KYB/ client due diligence checks, including politically exposed persons (PEPs, RCA’s and SIPs).
• Reviewing screening alerts to ensure that any positive matches against relevant sanctions and PEPs lists are dealt with appropriately and promptly.
• Review alerts and on-going monitoring requirements for existing clients in line with KYB policies.
• Monitor and manage clients through high risk situations and administrations/recoveries.
• Monitor and analyse transactions, client accounts, and other activities to detect suspicious patterns, anomalies, or potentially fraudulent behaviour.
• Assess and mitigate day to day risks associated with client onboarding, ensuring due diligence.
• Collaborate with cross-functional teams to escalate and investigate suspicious transactions or activities promptly.
• Offer advice and solutions to the Customer Support team on escalated issues.

Nice To Haves

• Relevant certifications such as Certified Anti-Money Laundering Specialist (CAMs) or equivalent.
• Possess a bachelor’s degree or equivalent from a qualified university.

Responsibilities

• Ensuring all required onboarding due diligence checks for Credit Risk and AML regulations are completed for new and existing clients in line with our Policies
• Use business intelligence systems to monitor creditworthiness of our client organisations
• Reviewing KYB checks, as part of our client onboarding process, and ensure requested documentation and information is provided in a timely manner.
• Assist in performing additional KYC / KYB/ client due diligence checks, including politically exposed persons (PEPs, RCA’s and SIPs).
• Reviewing screening alerts to ensure that any positive matches against relevant sanctions, OFAC and PEPs lists are dealt with appropriately and promptly.
• Review alerts and on-going monitoring requirements for existing clients in line with KYB policies.
• Monitor and manage clients through high risk situations and administrations/recoveries.
• Monitor and analyse transactions, client accounts, and other activities to detect suspicious patterns, anomalies, or potentially fraudulent behaviour.
• Assess and mitigate day to day risks associated with client onboarding, ensuring due diligence.
• Support the continuous improvement of procedures to ensure compliance and operational efficiency
• Collaborate with cross-functional teams to escalate and investigate suspicious transactions or activities promptly.
• Offer advice and solutions to the Customer Support team on escalated issues.

Benefits

• 15 days vacation in addition to federal holidays, as well as flexible time off allowances for any ad-hoc childcare/family/caring needs
• 12 weeks paid Maternity Leave
• 2 weeks paid Paternity Leave for employees with over 12 months service
• Health, dental and vision benefits (a number of these benefits are paid in full for the employee)
• 401K program
• Access to Stream

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree