Global Account Risk Analyst – AML/OFAC Focus

Federal Reserve Bank of New York; New York (NY); On-site; USD 90,000 - 110,000; Full time

Job summary

Federal Reserve Bank of New York is seeking an Account Risk Management Analyst within the Account Risk Management (ARM) Directorate. You will support AML/OFAC compliance programs and oversee risk analyses for international accounts in a fast-paced environment.

The role involves enhancing monitoring, developing regional risk profiles, and presenting findings to management. Travel between New York and Richmond may be required as part of the role and you will work primarily on-site with the team.

Qualifications

• Demonstrated ability to perform operational and analytical responsibilities under time pressure with a high degree of accuracy and strong attention to detail.
• Ability to work independently with general supervision, and support projects/processes.
• Strong analytical, critical thinking and problem-solving skills.
• Personal and professional interest in international relations and knowledge of global affairs and current events encouraged.
• Ability to leverage analytical tools to organize, analyze and present data in support of compliance activities.
• Flexibility to travel between the New York and Richmond, VA sites.

Responsibilities

• Monitor payment and currency activity to ensure compliance with OFAC requirements, Bank and CBIAS AML policy.
• Develop and maintain customer profiles that identify key areas of activity and potential transactional risk using a variety of available tools.
• Monitor international geopolitical, economic, and regulatory developments that may affect customer activity and governance, including changes in U.S. government sanctions programs.
• Develop regional geographic specialization to better understand risks presented by a global customer base.
• Provide analysis of customer trends and activity related to global activity.
• Participate in programs geared toward technological enhancements, risk reduction and improved customer service.
• Author and present briefings to management on transaction typologies, customer, or geopolitical developments or other topics which may present undesired compliance or reputational risk.
• Contribute to FIMA customer risk reviews using historical activity to identify higher risk typologies, summarize past engagement and provide rating recommendations.
• Analyze and manage the distribution of intelligence derived from open-source research, transaction analysis, and other sources.

Skills

Analytical skills

Attention to detail

Independent work

Critical thinking

Knowledge of global affairs

Data presentation

Team collaboration

Tools

Microsoft Office

Job description

Federal Reserve Bank of New York is seeking an Account Risk Management Analyst within the Account Risk Management (ARM) Directorate. You will support AML/OFAC compliance programs and oversee risk analyses for international accounts in a fast-paced environment.

The role involves enhancing monitoring, developing regional risk profiles, and presenting findings to management. Travel between New York and Richmond may be required as part of the role and you will work primarily on-site with the team.