HSA Compliance & Risk Operations Analyst

WEX, Inc.; United States; On-site; USD 56,000 - 61,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Retirement savings plan

Paid time off

Health savings account

Flexible spending accounts

Life insurance

Disability insurance

Tuition reimbursement

Job summary

WEX Health, a part of WEX, Inc., seeks a Control Operations Analyst 1 to execute daily operational controls for HSA custodial services. You will monitor regulatory compliance, review consumer documentation, and coordinate with partner and banking teams to ensure accurate account setup and funding.

The role emphasizes risk mitigation, audit readiness, and the proactive identification of process improvements, including AI/automation opportunities, to scale operations and reduce manual work.

Qualifications

• Bachelor's degree in related field or 1 year in risk operations, internal controls, banking, or healthcare finance.
• Familiarity with HSAs regulatory guidelines (IRS, CIP/KYC, OFAC).
• Strong numerical/analytical capabilities with attention to detail.

Responsibilities

• Monitor OFAC sanctions and review consumer accounts for compliance.
• Review CIP/KYC documents and notify partners of missing information.
• Monitor balances and coordinate end-of-year funding for proper reconciliation.
• Enforce SOPs and support audit readiness; contribute to process improvements.
• Identify bottlenecks and opportunities to integrate AI/automation.

Skills

Numerical skills

Analytical thinking

Attention to detail

Organizational skills

Google Workspace

Excel proficiency

Communication skills

Education

Bachelor's degree in Business/Finance/Accounting

Tools

Google Workspace

Microsoft Excel

Job description

WEX Health, a part of WEX, Inc., seeks a Control Operations Analyst 1 to execute daily operational controls for HSA custodial services. You will monitor regulatory compliance, review consumer documentation, and coordinate with partner and banking teams to ensure accurate account setup and funding.

The role emphasizes risk mitigation, audit readiness, and the proactive identification of process improvements, including AI/automation opportunities, to scale operations and reduce manual work.