AML & BSA Due Diligence Analyst

First Electronic Bank; Salt Lake City (UT); On-site; USD 65,000 - 90,000; Full time

Job summary

First Electronic Bank (FEB) is hiring a BSA Analyst – Due Diligence to strengthen the AML/CFT program and oversee due diligence on prospective strategic partners, partnership programs, and new products. You will perform research, document findings, and support risk assessments to identify potential financial crime risks.

This role requires strong analytical and communication skills, strict confidentiality, and the ability to manage multiple projects in a fast‑paced financial environment.

Qualifications

• Associate’s degree in Business, Finance, Criminal Justice, Risk Management, Compliance, or related field (or equivalent experience).
• 2+ years of AML/CFT, OFAC, fraud, or risk management experience in a financial services role.
• Knowledge of BSA/AML, OFAC, fraud prevention, and financial crime principles.
• Strong analytical thinking and confidentiality.
• Excellent written and verbal communication; strong organization and attention to detail.
• Ability to manage multiple projects and deadlines; collaborate across teams.

Responsibilities

• Assist in conducting AFC due diligence reviews of prospective Strategic Partners, partnership programs, and new products or services.
• Review organizational information, ownership structures, business models, customer profiles, transaction types, marketing strategies, and geographic exposure.
• Collect and analyze due diligence documentation, including policies, procedures, risk assessments, governance materials, and compliance program documentation.
• Perform research to identify potential AFC, sanctions, fraud, reputational, and regulatory risks.
• Conduct adverse media, sanctions, enforcement action, and regulatory background reviews.
• Document findings and summarize identified risks for management review.
• Contribute to special projects and initiatives that enhance the Bank’s AML/CFT program.
• Stay current on AML/CFT regulatory developments and apply emerging best practices to daily work.

Skills

AML knowledge

Due diligence

Risk assessment

Analytical skills

Communication skills

Microsoft Office

Education

Associate degree or equivalent experience

Tools

Microsoft Office Suite

Job description

First Electronic Bank (FEB) is hiring a BSA Analyst – Due Diligence to strengthen the AML/CFT program and oversee due diligence on prospective strategic partners, partnership programs, and new products. You will perform research, document findings, and support risk assessments to identify potential financial crime risks.

This role requires strong analytical and communication skills, strict confidentiality, and the ability to manage multiple projects in a fast‑paced financial environment.