UBA America · 2 hours ago
FIU Analyst Level 2
New York, NY
Full-time
Onsite
Mid, Senior Level
$105K/yr - $115K/yr
5+ years expUBA America is a compliance-focused organization seeking an FIU Analyst Level 2 to monitor and assess compliance risks, including BSA/AML risks. The role involves conducting investigations, ensuring regulatory compliance, and providing guidance on risk mitigation activities within the Compliance Department.
BankingFinancial Services
Hiring Manager
Jasmina De Renzi, MBA
Responsibilities
Become fully conversant with Bank Compliance policies, procedures and desktop processes
Reviews investigation reports, along with related documents, and provides feedback, as appropriate Review alerts in the suspicious activity monitoring system matches against negative lists such as OFAC
Review alerts generated by the suspicious activity monitoring system that are generated when rule thresholds are crossed
Conduct investigations on alerts that bear indicia of AML/other risks
Prepare SARs
Perform FinCEN 314(a) searches and follow recordkeeping requirements
Investigate Questionable Transaction Reports (QTRs)
Initiate Requests for Information (RFIs)
Periodically update Profiles in Prime including uploading supporting documents
Assist Head, FIU in performing the annual review of transaction monitoring rules including recommending threshold changes to improve rule effectiveness and/or recommending addition of new rules or retirement of ineffective rules
Participate in ad-hoc projects such as new system implementation, system model validation etc
Assist the Head, FIU in responding to audit and regulatory requests for information and during audits/examinations
Performs any other task as required to promote day-to-day Bank Compliance
Specific duties and responsibilities may vary based upon departmental and Bank needs. Other duties may be assigned similar to the above consistent with the knowledge, skills and other abilities required for the position
Qualification
Required
Bachelor's degree required
5 plus years of BSA experience preferably in a Foreign Correspondent Banking environment organization
Strong working knowledge of MS Word, MS Excel, Lexis-Nexis, World-Check, Banker's Almanac, Lexis Nexis, Google etc
Strong internet search capabilities
Detail oriented individual with analytical skills and ability to conduct in-depth research
Ability to work in a team environment, as well as independently
Must be well-organized and capable of performing multiple tasks simultaneously
Ability to prioritize and use sound judgment
Knowledge of regulations such as BSA, USA PATRIOT Act, OFAC sanctions programs in general
Preferred
ACAMS certification and membership preferred or willing to study and get certified within 6 months of hire
Company
UBA America
The only sub-Saharan African bank with an operational banking license in the U.S.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Usman Isiaka
Deputy CEO
Ugo Abanum
Chief Financial Officer
Company data provided by crunchbase