Senior KYC Review Analyst — Risk & Compliance

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

Benefits offered by this job

Medical, Dental, Vision plans

401(k) matching

Tuition Reimbursement

Vacation and sick time

Career Mobility support

Job summary

City National Bank is seeking a KYC Review Analyst Senior- OPS to conduct enhanced due diligence for commercial loan borrowers in line with policy and compliance with BSA and USA Patriot Act. You will ensure KYC integrity for new and existing relationships, review potential negative news, and provide recommendations prior to onboarding prospects.

The role involves performing periodic client reviews, escalating high-risk activity, and supporting training of junior analysts.

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.

Responsibilities

• 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.
• Perform Enhance Due Diligence (EDD) reviews for commercial loan borrowers and prospect reviews utilizing internal bank systems and external research tools.
• 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.
• 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 to HRC and/or unusual activity to Compliance Investigations.
• May assist with training of new hires and conduct quality control review/adit of junior level analyst reviews.

Skills

Analytical skills

Communication

Education

Bachelor's Degree or equivalent

Tools

Microsoft Office

Job description

City National Bank is seeking a KYC Review Analyst Senior- OPS to conduct enhanced due diligence for commercial loan borrowers in line with policy and compliance with BSA and USA Patriot Act. You will ensure KYC integrity for new and existing relationships, review potential negative news, and provide recommendations prior to onboarding prospects.

The role involves performing periodic client reviews, escalating high-risk activity, and supporting training of junior analysts.