AML/KYC Analyst at Delaware Staffing Newark, DE

Downtown Boulder Partnership; Newark (DE); On-site; USD 70,000 - 85,000; Full time

Job summary

Downtown Boulder Partnership is looking for a detail-oriented AML/KYC Analyst to join our team in Newark, Delaware. In this contract-to-permanent position, you will play a key role in financial services by conducting due diligence and compliance reviews, ensuring adherence to regulatory requirements.

The ideal candidate will possess strong analytical skills, a robust understanding of compliance procedures, and at least 2 years of experience in AML/KYC roles, contributing to the integrity of our KYC program.

Qualifications

• 3-5 years of experience in banking services, risk management, or related functions.
• 2 years of experience in AML/KYC roles.
• Strong understanding of compliance and regulatory requirements.

Responsibilities

• Conduct EDD investigations for commercial loan borrowers.
• Review and assess KYC documentation for accuracy.
• Evaluate client profiles before onboarding.

Skills

Analytical skills

Communication skills

Problem-solving abilities

Compliance knowledge

Education

Bachelor's degree or equivalent experience

Tools

Microsoft Office

Job description

Aml/Kyc Analyst

We are looking for a detail-oriented AML/KYC Analyst to join our team in Newark, Delaware. This contract to permanent position offers an exciting opportunity to contribute to the financial services industry by conducting thorough due diligence and compliance reviews. The ideal candidate will ensure adherence to credit policies and regulatory requirements while maintaining the integrity of the "Know Your Client" program.

Responsibilities:

• Conduct in-depth Enhanced Due Diligence (EDD) investigations for commercial loan borrowers, ensuring compliance with credit policies and regulatory standards.
• Perform thorough reviews of new and existing client relationships, ensuring accuracy and completeness of Know Your Client (KYC) documentation.
• Review and assess potential negative news alerts for new clients and during periodic client reviews, escalating findings when necessary.
• Evaluate prospect client profiles prior to onboarding, providing well-supported recommendations to relevant stakeholders.
• Utilize internal banking systems and external research tools to gather, analyze, and document investigation findings.
• Collaborate with team members and other departments to resolve discrepancies and gather additional information if required.
• Provide timely and well-supported decisions during investigations, ensuring compliance with the Patriot Act and other applicable regulations.
• Maintain up-to-date knowledge of industry standards and complete required training programs.
• Support quality assurance efforts to uphold the integrity of the KYC program.
• Perform additional duties as assigned to support the team and organizational goals.

Requirements:

• Bachelor's degree or equivalent experience in a related field.
• Minimum of 3-5 years of experience in banking services, branch operations, risk management, or a related function.
• At least 2 years of experience in AML/KYC roles, with a strong understanding of compliance and regulatory requirements.
• Proficiency in using Microsoft Office applications for documentation and reporting tasks.
• Familiarity with Anti-Money Laundering (AML) principles and practices.
• Knowledge of credit risk management processes and procedures.
• Strong analytical and problem-solving abilities to handle complex investigations effectively.
• Excellent communication and collaboration skills to work with cross‑functional teams.