Senior Compliance Analyst - Enhanced Due Diligence (Remote)

First Citizens Bank; Raleigh (NC); Remote; USD 70,000 - 90,000; Full time

Job summary

A leading financial institution is seeking a Senior Compliance Analyst to join their Due Diligence Group. This remote role involves assessing client BSA/AML risks, conducting compliance reviews, and providing expertise in financial regulations. The ideal candidate will have a strong background in compliance, excellent analytical and communication skills, and a Bachelor's degree or equivalent experience. The position offers competitive salary and comprehensive benefits tailored to associates' needs.

Benefits

Comprehensive Benefits

Qualifications

• 4 years of experience in Financial Compliance or related fields.
• Knowledge of money laundering laws and compliance requirements.

Responsibilities

• Conduct Enhanced Due Diligence reviews of high-risk clients.
• Analyze data for discrepancies and risks.
• Provide training and expertise for complex compliance issues.

Skills

Analytical Skills

Communication Skills

Writing Skills

Education

Bachelor's Degree

High School Diploma

Tools

Microsoft Office

Job description

Senior Compliance Analyst - Enhanced Due Diligence (Remote)

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Overview
The Senior Compliance Analyst is part of FCB Financial Intelligence Unit’s Due Diligence Group team with the specific responsibilities of assessing and managing client BSA/AML risks both at initial onboarding and throughout the duration of the client’s relationship. The Senior Compliance Analyst will assist in performing trending and analysis of emerging high-risk industries and reporting/escalating results of analysis for new Customer Information Files (CIFs) and existing Customers during their periodic due diligence reviews.

This is a remote role that may be hired in several markets across the United States.

Responsibilities

1. Compliance Review: Conducts Enhanced Due Diligence reviews of high-risk clients, including composing comprehensive written narratives explaining the business structure and risks. Identifies and escalates unusual activity or flagged documentation, ensuring compliance with applicable laws, regulations, policies, and procedures.
2. Data Analysis: Sources, validates, and interprets data. Analyzes data for discrepancies and risks, and effectively communicates analysis output.
3. Compliance Expertise: Maintains knowledge of relevant laws, regulations, and policies through ongoing research. Acts as a resource for less experienced associates, providing training and expertise for complex issues.
4. Work Structuring: Structures work and analysis for consistency with departmental goals, adhering to compliance and quality assurance policies.

Qualifications

• Bachelor's Degree and 4 years of experience in Financial Compliance/Regulatory Environment, Legal, Audit, Banking, or related fields OR High School Diploma or GED with 8 years of relevant experience.

Preferred Qualifications

• Knowledge of laws related to money laundering, including BSA, USA Patriot Act, U.S. Treasury AML guidelines, OFAC requirements, and SAR reporting.
• Strong writing, analytical, and communication skills; ability to multi-task and work independently.
• Proficiency in Microsoft Office and online research systems.
• Knowledge of banking and compliance requirements.
• Preferred: CAMS or similar certification.

This posting remains active for 3 days from the initial posting date. Salary ranges between $70,000 and $90,000, depending on skills, experience, and location. Benefits include comprehensive programs tailored to associates' needs.