FCC Analyst

FinWise Bank Corporation; Utah; On-site; USD 65,000 - 75,000; Full time

Job summary

FinWise Bank’s Financial Crimes Compliance Department monitors and analyzes unusual activity to protect customers and the bank. The FCC Operations Analyst supports the FCC Operations Manager by handling investigations, due diligence, and transaction monitoring tasks.

Key duties include reviewing partner referrals, completing CTRs, assessing AML/CFT/OFAC alerts, performing CDD/EDD reviews, and creating cases in the monitoring system, with strong attention to detail and effective communication.

Qualifications

• Experience in banking or financial services industry.
• Minimum 1 year AML/CFT/OFAC experience.
• Ability to learn bank systems quickly.
• Strong organizational skills and ability to meet deadlines.
• Excellent written and verbal communication.

Responsibilities

• Review Strategic Partner referrals for suspicious activity, complete an investigation and determine if SAR filing is warranted.
• Complete CTRs as appropriate.
• Review and disposition potential 314(a) and OFAC alerts.
• Review and disposition of AML/CFT alerts within the transaction monitoring system.
• Complete required CDD and EDD reviews.
• Review any FCC related reports.
• Work with strategic partner management team to submit information requests.
• Assist in the review of partner monthly fraud reports while identifying potential unusual activity referrals.
• Create cases in the transaction monitoring system as needed.
• Complete any/all designated additional tasks and ancillary responsibilities.

Skills

AML/CFT compliance

Investigation

Data analysis

Attention to detail

Communication

Discretion

Microsoft Excel

Microsoft Word

Education

High School Diploma or GED

BA/BS or equivalent experience

Tools

Public record databases

Transaction monitoring systems

Job description

FinWise Bank’s Financial Crimes Compliance Department works with business units across the Bank to ensure the safety and soundness of the Bank. The FCC Operations Analyst reports to the FCC Operations Manager. This position assists the Bank in managing the Bank’s AML/CFT/OFAC Program through monitoring and ongoing due diligence.

Tasks:

• Review Strategic Partner referrals for suspicious activity, complete an investigation and determine if SAR filing is warranted.
• Complete CTRs as appropriate.
• Review and disposition potential 314(a) and OFAC alerts.
• Review and disposition of AML/CFT alerts within the transaction monitoring system.
• Complete required CDD and EDD reviews.
• Review any FCC related reports.
• Work with strategic partner management team to submit information requests.
• Assist in the review of partner monthly fraud reports while identifying potential unusual activity referrals.
• Create cases in the transaction monitoring system as needed.
• Complete any/all designated additional tasks and ancillary responsibilities.

Knowledge, Skills and Abilities:

• Ability to be discreet with employee and customer information.
• Ability to complete high volume of tasks accurately and within deadlines.
• Thorough knowledge of banking.
• Ability to create clear and concise policies, procedures and instructions.
• Excellent computer knowledge and experience using Microsoft Excel and Word.
• Ability to communicate effectively both in person and over the phone.
• Strong attention to detail.
• Ability to analyze situations fully and accurately and reach productive decision.
• Honesty and integrity, ability to make the right decision when faced with an ethical dilemma.
• Ability to learn and effectively utilize bank systems and programs.
• Understand government regulations with emphasis on the Bank Secrecy Act and related regulations.
• Strong analytical and problem-solving skills to be used in operational evaluation and interpretation of compliance information.
• Broad thinker with ability to drive execution and achieve results.
• Independent; able to tackle tasks on your own or within a group environment.
• Excellent written and verbal communication skills.
• Organized and motivated/self-starter.
• Strong investigative skills, including familiarity with public record research and database tools.
• Demonstrated transaction analysis skills that apply across numerous financial products in complex scenarios.

Required Education / Experience / License:

• High School Diploma or GED
• 2+ years experience within the banking or financial services industry
• A minimum of 1 year direct AML/CFT/OFAC experience required

Preferred Education /Experience / License:

• BA/BS or equivalent professional experience
• Prior Fintech experience preferred
• Sit or stand at a computer for long periods of time and look at a computer screen for several hours a day.
• Communicate with others in person, on the phone, virtual meetings and email.
• Maintain confidentiality.
• Lift 20 lbs.
• Maintain regular and punctual attendance.
• Work overtime as assigned.
• Work cooperatively with others.
• Comply with all company policies and procedures.

Background checks are required on all bank employees due to the accessibility of Personally Identifiable Private Information.

AAP/EEO Statement

FinWise is an equal opportunity employer and dedicated to diversity and inclusion in the workplace. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender identity, sexual orientation, age, marital status, pregnancy status, veteran status, or disability status.

FinWise provides reasonable accommodations to the known disabilities of individuals in compliance with the Americans with Disabilities Act. For accommodation information or if you need special accommodations to complete the application process, please contact the Human Resources Department at (801) 545 - 6041.

Qualified applicants with criminal history and conviction records will be considered in accordance with legal requirements.