FCB Analyst II

Ocean Bankshares; Miami (FL); Remote; USD 60,000 - 80,000; Full time

Job summary

A leading company in the banking sector is seeking an FCB Analyst II to enhance its Regulatory Risk compliance framework. The successful candidate will analyze customer accounts, prepare Suspicious Activity Reports, and ensure adherence to legal standards while working remotely from Miami. A robust background in BSA/AML, coupled with strong analytical skills and bilingual communication capabilities, is essential for this role.

Qualifications

• Minimum of four years of BSA/AML Analyst experience in the banking industry.
• Experience in monitoring Foreign Correspondent Banks preferred.
• Certified Anti-Money Laundering Specialist (CAMS) preferred.

Responsibilities

• Conduct in-depth investigations and analyses of customer accounts.
• Draft Suspicious Activity Reports (SARs) and monitor flagged accounts.
• Support risk assessments and conduct due diligence on prospective customers.

Skills

Analytical skills

Organizational skills

Interpersonal skills

Communication skills

Bilingual English/Spanish

Education

Bachelor's Degree in Business Administration or Finance

Tools

BSA monitoring software

MS Office Software

Job description

Overview

The FCB Analyst II (Foreign Correspondent Bank) assists with Regulatory Risk in all requirements necessary to achieve and maintain a satisfactory level of BSA compliance, safety, and soundness.

Responsibilities

This role is responsible for conducting in-depth investigations and analyses of customer accounts using a variety of sources, including AML monitoring systems, law enforcement requests, and internal reports. The position involves drafting Suspicious Activity Reports (SARs), monitoring flagged accounts, and ensuring compliance with regulatory standards. It requires evaluating complex documentation from both domestic and international entities, coordinating with multiple departments, and making informed recommendations to BSA management. Additionally, the role supports risk assessments, evaluates documentation from FCB customers to ascertain governance structure, beneficial ownership, policies and controls and conducts comprehensive due diligence on prospective customers prior to onboarding, maintains thorough case documentation, contributing to the overall effectiveness of the bank’s regulatory risk and compliance framework.

Qualifications

• Bachelor's Degree in Business Administration or Finance and a minimum of four (4) years of BSA/AML Analyst experience in the banking industry; or equivalent combination of education and experience.
• Prior experience in monitoring Foreign Correspondent Banks and/or non-bank financial institutions is preferred.
• Knowledge of BSA monitoring software required.
• Must be comfortable in shifting priorities.
• Must have thorough understanding of general banking principles; thorough knowledge of federal regulations affecting AML, BSA and OFAC.
• Must be Bilingual English/Spanish.
• Must possess strong analytical, organizational, interpersonal, verbal and written communication skills.
• Computer proficient in MS Office Software (e.g. Excel, Word, and Outlook).
• Certified Anti-Money Laundering Specialist (CAMS) and/or other professional BSA/AML related certifications preferred.

Job Posting Locations

In this role you can work remote from Miami, Florida, United States