FCRM KYC Analyst I Hybrid
FCRM KYC Analyst I Hybrid
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Salary Not Disclosed
1 Vacancy
Job Description
Overview
Work Arrangement:
***After the initial training period this is a hybrid role working onsite in our Wilmington DE office.***
Performs various activities to support the Know Your Customer (KYC) function including identifying highrisk client types conducting due diligence reviews on potential highrisk clients periodic reviews/updates to Know Your Customer (KYC) records and assisting with other business initiatives.
Responsibilities
Essential Functions
- Conducts research and provides recommendation on new customer CDD alerts and Know Your Customer (KYC) files.
- Performs Enhanced Due Diligence (EDD) reviews of highrisk customers. Uses customer risk scoring models in accordance with departmental processes and procedures.
- Conducts enhanced due diligence on new and existing customers.
- Documents EDD review findings in the appropriate databases including all pertinent facts and information to support results.
- Completes EDD reviews in a timely and efficient manner. Suggests process enhancements and/or research tools to increase efficiency and/or accuracy.
- Advises business partners on the onboarding of new customers.
- Reviews resolves and/or escalates adverse media and potential PEP match alerts.
- Elevates questions and concerns to team leads as needed.
- Completes compliance and regulatory training as assigned. Consistently maintains awareness of regulatory updates and incorporates process and procedural changes as directed by team leads and department management.
- Performs other duties as assigned.
Qualifications
- Undergraduate degree in a related field and/or an equivalent combination of training and experience.
- 3 years of KYC transaction monitoring sanctions fraud investigative or financial crimes risk management (FCRM) experience in BSA/AML with exposure to EDD and OFAC.
- Good working knowledge of federal and state AML regulations including Bank Secrecy Act (BSA) OFAC and the USA PATRIOT Act.
- Excellent verbal written and interpersonal communication skills.
- Excellent research multitasking and time management skills with a strong focus on attention to detail.
- A team player able to work effectively in an evolving fast paced environment.
- Proficient in Microsoft Office suite e.g. Excel PowerPoint Word Outlook automated CDD name screening and case management systems.
Background & EEO Statement
This job will be open and accepting applications for a minimum of five days from the date it was posted.
Working at The Bancorp Bank N.A. and Benefits Information:click here
Diversity & Background Screening
Diversity & Inclusion at The Bancorp Bank: click here
The Bancorp Bank N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race color religion gender gender identity sexual orientation pregnancy citizenship national origin age disability genetic information veteran status or other protected category with respect to recruitment hiring training promotion and other terms and conditions of employment.
Employment with The Bancorp Bank N.A. includes successfully passing a background check including credit criminal education employment OFAC and social media background history.
#LIHybrid
#LIPJ1
Required Experience:
IC
Employment Type
Full-Time
