BSA AML Analyst II

Pathward, N.A.; Sioux Falls (SD); Hybrid; USD 50,000 - 84,000; Full time

Benefits offered by this job

Health insurance

401(k) retirement benefits

Life insurance

Disability benefits

Paid time off

Job summary

Pathward is seeking a BSA/AML Risk Analyst II to support the second line of defense for BSA/AML/CFT and OFAC compliance programs. The role involves overseeing compliance, identifying risks, and partnering with cross-functional teams to develop practical solutions and provide advisory support to business lines and third parties.

You will review controls, ensure policy alignment, and stay current with AML regulations while maintaining knowledge of financial products and emerging risks.

Qualifications

• Bachelor's degree or equivalent education and work experience.
• 2–4 years of related compliance, risk, audit, or financial-crime experience.
• Familiarity with banking products and services (payments, e-commerce, fintech partnerships, and/or trade finance).
• Strong analytical, research, problem-solving, and decision-making skills.
• Flexible and creative thinker who can learn independently and work in a fast-paced environment.

Responsibilities

• Conduct compliance oversight reviews of business lines and third parties to assess adherence to laws, regulations, and policy; prepare procedures and reports.
• Serve as a subject matter resource to ensure documents, projects, processes, and product initiatives align with regulatory requirements and standards.
• Develop and maintain line-of-business guidance related to AML compliance.
• Partner with business lines and third parties to implement AML initiatives and provide training and documentation.

Skills

Regulatory knowledge

Analytical thinking

Communication

Project management

MS Office

Education

Bachelor's degree or equivalent

Tools

Microsoft Office

Job description

We are a hybrid, remote-office company dedicated to growing our talent anywhere!

We have onsite locations in: Sioux Falls, SD, Phoenix, AZ, Louisville, KY, Troy, MI, Franklin, TN, Easton, PA.

At Pathward, we take tremendous pride in our purpose to create financial inclusion for all™.We area financial empowerment company that works with innovators to increase financial availability, choice, and opportunity for all. We strive to remove barriers that traditional institutions put in the way of financial access, and promote economic mobility by providing responsible, secure, high quality financial products.

We are a team of problem solvers and innovators who celebrate our differences and know that our unique perspectives make us stronger and well-positioned for success. We celebrate, and embrace, our team members through our*HUMBLE*HUNGRY*SMARTapproach, and we believe that we are strongest when we embrace the voices of our employees, customers, partners, and the communities we serve.

About the Role:

The BSA/AML Risk Analyst II supports Pathward’s second line of defense for the BSA/AML/CFT and OFAC (“AML”) compliance programs. This role performs oversight and advisory activities to help ensure program elements are administered in accordance with approved policy, applicable laws and regulations, and sound industry practices. The Analyst identifies compliance risks and improvement opportunities, partners with cross-functional stakeholders to develop practical solutions, and provides consultative support to business lines and third parties.

What You Will Do:

• Conduct compliance oversight reviews of business lines and third parties to assess adherence to applicable laws, regulations, and company policy. Evaluate the adequacy of internal controls and support remediation efforts as needed. Prepare procedures, workpapers, reports, and other supporting documentation.
• Serve as a subject matter resource to help ensure documents, projects, processes, and product initiatives align with regulatory requirements and company standards.
• Contribute to the development and maintenance of line-of-business guidance and standards related to AML compliance.
• Partner with business lines and third parties to implement AML initiatives and provide support through training, process documentation, and ongoing consultation.
• Provide advisory support to the first line of defense by answering questions, offering technical guidance, and assisting with issue identification and resolution.
• Support risk and compliance assessments of new or changing products, services, processes, and procedures to help ensure BSA and OFAC requirements are considered and addressed.
• Assist with implementing and improving procedures, tools, and controls in coordination with team members and stakeholders.
• Monitor and help validate compliance with third-party contractual obligations related to service delivery, as applicable.
• Maintain knowledge of relevant financial services products, emerging risks, and the AML regulatory environment.
• Review proposed and existing laws, regulations, and guidance to evaluate potential business impact and communicate key considerations to stakeholders.
• Perform other duties or special projects as assigned.

What You Will Need:

• Bachelor's degree or equivalent education and work experience.
• Working knowledge of BSA/AML/CFT and OFAC requirements, with 2–4 years of related compliance, risk, audit, or financial-crime experience.
• Familiarity with banking products and services (e.g., payments, e-commerce, fintech partnerships, and/or trade finance).
• Strong analytical, research, problem-solving, and decision-making skills.
• Flexible and creative thinker who can learn independently and function in a fast-paced environment.
• Skilled at organizing priorities, managing multiple complex projects at one time, and meeting deadlines.
• Ability to effectively communicate with individuals at all levels through verbal or written means.
• Proficiency with Microsoft Office tools (Excel, Word, PowerPoint); ability to learn additional systems as needed.

Nice to Have (Preferred Qualifications):

• Experience in a second line of defense (compliance/risk management) function within a bank, fintech, or payments environment.
• Exposure to third-party risk management, vendor oversight, or partner program monitoring.
• Relevant certification (e.g., CAMS) or progress toward certification.

Why Join Pathward:

In this role, you’ll work with business partners across the organization to help identify, assess, and reduce financial-crime compliance risk. You’ll contribute to meaningful improvements in controls and processes while building your expertise in AML oversight.

The responsibilities listed above are not all inclusive and may be changed at any time.

Salary range: $50,000 – $84,000

The salary range reflects the minimum and maximum target for a new hire in this role. Individual pay within the range will be determined by multiple factors which can include but are not limited to a candidate’s experience, qualifications, skills, and location. Your recruiter can share more about the specific salary for your location during the hiring process. Ranges may be modified in the future.
This role is also eligible for an annual performance-based incentive opportunity. Pathward offers a comprehensive benefits package for eligible employees, including health insurance, 401(k) retirement benefits, life insurance, disability benefits, paid time off, and more.

Knowingly submitting false information will result in disqualification for consideration of future positions, termination of employment and forfeiture of other rights.

Pathward is an equal employment opportunity employer and considers candidates for roles without regard to their race, sex, national origin, ethnicity, age, disability or any other category protected by law.

Our commitment to inclusion is woven into our DNA. We believe that we are strongest when we embrace the voices of our employees, customers, partners, and the communities we serve.

We provide equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, ethnicity, religion, sex, sexual orientation, gender identity, transgender status, pregnancy, national origin, age (age 40 and over), disability, genetic information, marital status, hair texture or hairstyle, ancestry, service in the uniformed services, protected veteran status, status as a victim of domestic violence or any other class protected by federal, state and local laws.