KYC Review Analyst Senior- Ops

City National Bank; Phoenix (AZ); On-site; USD 72,000 - 115,000; Full time

Benefits offered by this job

Healthcare coverage

401(k) matching

Tuition reimbursement

Paid time off

Fertility and health programs

Career mobility

Employee resource groups

Job summary

City National Bank is seeking a senior KYC Review Analyst in Operations to conduct Enhanced Due Diligence for commercial loan borrowers and periodic client reviews. You will assess compliance risks, verify KYC completion, and escalate activities per policy while leveraging internal systems and external research tools.

Strong writing and communication skills are essential. The role requires 5+ years in Banking Services or related fields, 3+ years BSA/AML experience, and proficiency in Microsoft

Qualifications

• Bachelor's Degree or equivalent required.
• 5+ years’ banking services, branch ops, risk mgmt or related function and 3 years’ BSA/AML experience.
• 2+ years’ experience using Microsoft Office.

Responsibilities

• Conduct periodic reviews of clients to determine compliance risk and update client profiles.
• Perform Enhanced Due Diligence (EDD) for commercial loan borrowers and prospect reviews using internal systems and external sources.
• Verify KYC completion for new accounts and anticipated activity questions for business/individual clients.
• Review and clear potential negative news alerts during periodic reviews and escalate matches as needed.
• Escalate restricted or prohibited activity per CNB policy to High Risk/Compliance.

Skills

Analytical skills

Attention to detail

MS Office

Banking knowledge

Education

Bachelor's Degree

Tools

CRM systems

Job description

KYC REVIEW ANALYST SENIOR- OPS

WHAT IS THE OPPORTUNITY?

Conduct Enhanced Due Diligence background investigations for commercial loan borrowers in adherence with credit policy and compliance with BSA and USA Patriot Act. Responsible for the quality assurance and integrity of the "Know Your Client" (KYC) program on new and existing client relationships. Perform review and provide clearance on potential negative news alerts for new clients or during periodic client reviews. Perform prospect client reviews and provide recommendations prior to onboarding prospects as well as other referrals from line units.

WHAT WILL YOU DO?

• Conduct Periodic Reviews of clients to determine compliance risk, identify deviations from expected behaviors based on client profile and update profile to determine accuracy of client risk level.
• The KYC Review (Analyst – Senior) will perform Enhance Due Diligence (EDD) reviews for commercial loan borrowers and prospect reviews utilizing a variety of internal bank systems and external research tools, subscription based websites, public records to investigate, research, and prepare documentation/summaries consistent with resolution of investigation.
• KYC – the analyst is able to review and verify that a Know Your Client (KYC) is completed for new accounts, and Anticipated Activity questions for Business and Individual clients with new transactional accounts.
• KYC – the analyst is able to perform review and clearance of potential negative news alerts on new clients and during periodic client reviews and escalate true matches accordingly.
• Escalate restricted or prohibited activity consistent with CNB policy requiring BSA Escalation discovered through research to HRC (High Risk Client) and/or unusual activity to Compliance Investigations.
• May assist with training of new hires and conduct quality control review/audit of junior level analyst reviews.
• May Participate in and complete ad-hoc projects.
• Perform timely investigations with well-reasoned and supported decision-making. Conducts follow-up with line colleagues for any missing or necessary information. Completes required training. Performs other duties as assigned or requested.

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications*

• Bachelor's Degree or equivalent
• 5+years’ experience in Banking Services, branch operations, risk management or related function and three years’ of BSA/AML experience
• 2+ years’ experience using Microsoft Office

Additional Qualifications

• Analytical skills, solid understanding of deposit and loan transactions, use of good judgment, attention to detail, internet savvy, good knowledge of Bank Secrecy Act and USA PATRIOT acts. Great communication and writing skills.

WHAT'S IN IT FOR YOU?

Compensation

Starting base salary: $71,869 - $114,797 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

Benefits and Perks

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

Get a more detailed look at our Benefits and Perks.

ABOUT US

Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

City National Bank foster an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.