Senior Foreign Correspondent Banking Compliance Analyst

Madison-Davis, LLC; New York (NY); On-site; USD 110,000 - 190,000; Full time

Job summary

Madison-Davis, LLC in the United States seeks an experienced Foreign Correspondent Banking Analyst to oversee compliance for international correspondent banking relationships. You will conduct enhanced due diligence on foreign financial institutions and assess regulatory risk across jurisdictions.

The role requires hands-on financial crime expertise, ability to evaluate complex foreign institutions, and strong knowledge of sanctions, AML controls, and international payment activity.

Qualifications

• 5-7 years of experience in correspondent banking or financial crime investigations.
• Fluency in Spanish (read, write, communicate with Spanish-speaking clients).
• Knowledge of USA PATRIOT Act provisions governing foreign correspondent banking (312, 313, 319(b)).
• BSA/AML, OFAC, FinCEN regulatory expectations for correspondent banking.
• Experience reviewing Wolfsberg CBDDQ responses and related due diligence docs.
• Ability to assess country and jurisdiction risk using FATF, Basel AML Index, TI data.

Responsibilities

• Correspondent Banking Due Diligence: conduct enhanced due diligence reviews of foreign financial institutions and assess relationships.
• Ongoing Monitoring & Reviews: manage periodic reviews, transaction analysis, and risk ratings updates.
• AML, SAR & Regulatory Support: draft SAR narratives and support regulatory inquiries.
• Program Support: provide feedback on monitoring scenarios and work with internal stakeholders.

Skills

Spanish language

BSA/AML knowledge

Regulatory compliance

Investigative writing

Tools

Wolfsberg CBDDQ

SWIFT

CHIPS

Fedwire

ACH

Job description

Madison-Davis, LLC in the United States seeks an experienced Foreign Correspondent Banking Analyst to oversee compliance for international correspondent banking relationships. You will conduct enhanced due diligence on foreign financial institutions and assess regulatory risk across jurisdictions.

The role requires hands-on financial crime expertise, ability to evaluate complex foreign institutions, and strong knowledge of sanctions, AML controls, and international payment activity.