AML & BSA Due Diligence Analyst

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

Benefits offered by this job

Restaurant d'entreprise

Indemnités de stage/alternance

Job summary

First Electronic Bank (FEB) seeks a BSA Analyst – Due Diligence to support its AFC Due Diligence Program. You will assist with due diligence reviews of prospective partners, review ownership structures, business models, and transaction types, and document findings for management review.

The role requires 2+ years in AML/CFT or related fields, strong analytical skills, and the ability to handle confidential information in a fast-changing fintech environment.

Qualifications

• Associate’s degree or equivalent in a relevant field.
• 2+ years in AML/CFT, OFAC, fraud, compliance, risk management, investigations, or related financial services role.
• Knowledge of BSA/AML, OFAC, fraud prevention, and financial crime compliance principles.
• Excellent written and verbal communication skills.
• Strong analytical and critical thinking skills.
• Ability to maintain strict confidentiality and manage multiple projects.

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

Analytical thinking

Communication

Confidentiality

MS Office

Project management

Team collaboration

Education

Associate’s degree in Business, Finance, Criminal Justice, Risk Management, Compliance, or related field

Tools

Microsoft Office

Job description

First Electronic Bank (FEB) seeks a BSA Analyst – Due Diligence to support its AFC Due Diligence Program. You will assist with due diligence reviews of prospective partners, review ownership structures, business models, and transaction types, and document findings for management review.

The role requires 2+ years in AML/CFT or related fields, strong analytical skills, and the ability to handle confidential information in a fast-changing fintech environment.