AML/BSA Due Diligence Analyst

First Electronic; Salt Lake City (UT); Hybrid; USD 60,000 - 90,000; Full time

Job summary

First Electronic Bank (FEB) seeks an AML/CFT Due Diligence Analyst to support the AFC Due Diligence program. You will assist with reviews of prospective strategic partners, partnerships, and new products, analyzing ownership, business models, and geographic exposure.

You will collect documents, conduct adverse media and sanctions checks, document findings, and summarize risks for management. The role requires 2+ years in AML/CFT, regulatory knowledge, and strong communication.

Qualifications

• Associate's degree or equivalent finance-related experience.
• 2+ years in AML/CFT, OFAC, fraud, or risk in financial services.
• Knowledge of BSA/AML and regulatory principles.
• Strong analytical and communication skills.

Responsibilities

• Assist in 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

OFAC

Fraud prevention

Risk assessment

Research & analysis

Documentation

Communication

Confidentiality

Education

Associate degree

CAMS/CFCS/CFE (preferred)

Tools

MS Office Suite

Job description

First Electronic Bank (FEB) seeks an AML/CFT Due Diligence Analyst to support the AFC Due Diligence program. You will assist with reviews of prospective strategic partners, partnerships, and new products, analyzing ownership, business models, and geographic exposure.

You will collect documents, conduct adverse media and sanctions checks, document findings, and summarize risks for management. The role requires 2+ years in AML/CFT, regulatory knowledge, and strong communication.