Compliance Analyst

TOP BANK IN NEW YORK CITY NOW HIRING COMPLIANCE ANALYST

Salary range from $21.00 to $22.00 per hour.

This role is located in New York City and will require a hybrid work schedule of at least 2 days in office per week.

Please send cover letter and qualify resume to msinanan@networkesc.com. 

 Your Role Overview

The Compliance Analyst is responsible for identifying and developing criteria and commentary on critical compliance issues across the Bank. Prepares and delivers Bank-wide and targeted training. Drafts new and existing policies and procedures to ensure that the Bank meets the requirement of various legal and regulatory agencies. Responsible for Know Your Customer due diligence, monitoring employee accounts, and Anti Money Laundering activities. Ensures ongoing improvement and evolution of governance programs and identifies risks and/or gaps in the system.

Your Duties and Responsibilities:

Assists in clearing Prime System generated BSA related Transaction Monitoring alerts and documents rationales.

Performs various watch list related verifications and record-keeping (OFAC/ FinCEN 314a/Japan List).

Assists in performing BSA compliance Tests as well as Corporate Compliance Tests 

Assists in performing Customer/Account Profile reviews via Surety software.

Reconciles Employee Personal Trading Monitoring Program related documents.

Updates various compliance related logs and keeps track of compliance related documents.

Assists in preparing compliance testing work papers for all the tests performed/assigned. 

Assist in taking minutes of any compliance related committees. 

Assists with preparation of Fed/State pre-planning and introduction letter/first day letter materials. 

Prepares weekly regulatory updates of upcoming regulatory changes for distribution to relevant managers.

Prepares various monthly reports.

Assists with the Annual Risk Assessment of BSA and Corporate Compliance.

Performs and assists with other duties and responsibilities as assigned by management.

 Your Qualifications:

Bachelor’s Degree or equivalent with at least 2-3 years of related experience in the AML KYC Space or Transaction Monitoring alert clearance space. 

Excellent organizational and communication skills (writing and interpersonal).

Proficient in Excel, Access.

Detail oriented.

Strong basic math skills required.

Good interpersonal skills and ability to work independently.