KYC Compliance Analyst

United Texas Bank; Dallas (TX); Hybrid; USD 65,000 - 90,000; Full time

Benefits offered by this job

Medical

Dental

Vision

401K with Employer Match

Telehealth

HSA

Paid Time Off

Job summary

United Texas Bank is seeking a KYC Compliance Analyst to support and improve the bank's Know Your Customer program. You will help manage CDD, EDD, and customer risk assessments within a collaborative compliance team.

Qualified candidates have at least 2 years in a similar role, knowledge of banking regs, experience with Actimize or similar tools, and strong Excel analytics. This role offers hybrid or remote options and a Texas-based employment eligibility.

Qualifications

• Minimum 2 years’ experience in a similar role.
• Familiar with relevant banking regulations and industry best practices.
• Experience with compliance analysis and management tools (e.g., Actimize, Ocean Systems).
• Strong Excel analytics (pivot tables, VLOOKUPs) and MS Office proficiency.

Responsibilities

• Support the execution and continuous improvement of the Bank’s KYC compliance program including CIP, CDD, EDD, and risk assessment policies.
• Execute CDD and EDD reviews and provide evidence-based recommendations for decision making.
• Identify opportunities to improve processes, controls, and technology in the compliance program.
• Assist in developing and maintaining compliance-related analytics tools and transitioning to automated processes where possible.
• Identify and escalate compliance risks and monitor remediation actions.
• Assist in designing and delivering compliance training and risk assessments.

Skills

Excel

Pivot Tables

VLOOKUPs

Analytical Thinking

Attention to Detail

Communication Skills

Teamwork

Tools

Actimize

Ocean Systems

Job description

Brief Description

Brief Description

A hybrid or remote work arrangement may be available based on the selected candidate's qualifications and experience. We are currently authorized to hire employees residing in Texas, California, Florida, Alabama, Georgia, Kansas, North Carolina, New Jersey, Minnesota, Michigan, and Oregon.

Position Summary

The KYC Compliance Analyst supports the execution and continuous improvement of the Bank’s Know Your Customer (“KYC”) compliance program and contributes to the success of the overall compliance program.

Essential Duties and Responsibilities

• Support the execution and continuous improvement of the Bank’s KYC compliance program including the Customer Identification Program, Customer Due Diligence (“CDD”), Enhanced Due Diligence (“EDD”), and Customer Risk Assessment policies, processes, and procedures.
• Execute CDD and EDD reviews and provide evidence-based recommendations to support decision making and action.
• Contribute to the enhancement of the Bank’s compliance program including identifying opportunities and making recommendations for improvement of processes, controls, and technology.
• Contribute toward the enhancement of compliance-related information and analytical tools for KYC including transitioning from manual to automated processes and controls where possible. This also includes contributing to the compliance technology strategy and providing recommendations on configuration and enhancement of existing applications.
• Identify, analyze, and escal compliance risks, risk events, and policy or procedure violations, provide recommendations for remediation including actions to address root causes, and monitor and report on execution and effectiveness of remediation plans.
• Contribute to the design and execution of compliance training as needed.
• Contribute to the design and execution compliance risk assessments and reviews as needed.
• Support various committees by creating charts and tables and by drafting memos for presentations.
• Perform other related duties to benefit the mission of the organization.

Requirements

Knowledge, Skills & Abilities

• Minimum 2 years’ experience in a similar role.
• Familiar with relevant banking regulations and industry best practices.
• Experience with compliance analysis and management tools (e.g., Actimize, Ocean Systems, etc.)
• Strong understanding of data analytics using Microsoft Excel’s pivot tables, v-lookups or other similar data analysis tools.
• Proficient using other Microsoft office software.
• Possess superior analytical and critical thinking skills
• Must have strong attention to detail and organizational abilities
• Excellent communication and teamwork skills
• Exceptional follow-up and follow-through mindset and abilities

Certifications And/or Licenses

• Certified Anti-Money Laundering Specialist (CAMS), Preferred

Work Environment

• Office environment.
• Collaborative and interactive team environment.
• Workdays: Typically, Monday – Friday.
• Work Hours: Standard business hours.
• Travel Requirement: None.

Physical Demands

• Ability to lift up to 10 pounds of weight.
• Ability to sit for long periods of time.
• Ability to type for long periods of time.

Summary

UTB Employee Benefits

Benefits

As a full-time UTB employee, you’ll enjoy an array of benefits, including a generous Paid Time Off allowance available for use during your first year, along with a great paid holiday schedule. We also offer our employees a selection of other benefits, including:

• Medical
• Dental
• Vision
• Telehealth
• Health Reimbursement Arrangement (HRA)
• Flexible Spending Account (FSA)
• Health Savings Account (HSA)
• 401K with Employer Match
• Life Insurance – Employer Provided
• Short-term Disability – Employer Provided
• Long-term Disability – Employer Provided
• Supplemental Life - Voluntary
• Critical Illness Benefits - Voluntary
• Hospital Indemnity Benefits - Voluntary
• Employee Assistance Program
• Pet Insurance
• Prescription Discount
• Discount Legal Services
• ID Theft Protection Services

UTB is an equal opportunity employer. Qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.