National Bank of Canada

Offers personal and commercial banking services

Compliance Analyst

Financial Crime & AMLPosted on Nov 10

Full-timeUnited StatesNo salary listed

About the Job

Requirements

A bachelor's degree or at least three years of work in the financial industry, including at least two years of compliance experience.
Experience with transaction monitoring, Suspicious Activity Report (SAR) filing, FinCEN 314(a), and customer due diligence (CDD) rules.
Ability to work under competing deadlines and strong organizational skills.
Strong interpersonal and analytical skills, attention to detail, organization, and a proactive approach.
Ability to write clear, concise, professional correspondence, reports, and documentation.
Advanced proficiency with Microsoft Office, including Word and Excel.

Responsibilities

Monitor customer transactions and accounts using manual and automated FIS/AML alerts to identify and manage potentially unusual or suspicious activity, following branch policies and clearing alerts within deadlines.
Investigate potentially suspicious transactions and file Suspicious Activity Reports (SARs) when applicable.
Assist the BSA/AML/OFAC Officer with periodic testing and model validation of FIS, the branch transaction-monitoring system.
Run FinCEN 314(a) search lists in FIS/AML and clear resulting alerts.
Clear OFAC and sanctions hits for live payments, including wires, checks, and IATs, using FIRCO as necessary.
Perform annual Know Your Customer (KYC) file reviews and back up new account openings when needed, following branch policies and regulatory requirements, including the FinCEN CDD rule.
Conduct documentary reviews by validating collected documents and non-documentary reviews through internet research and screening parties for OFAC, sanctions, politically exposed person (PEP) status, and adverse news using World-Check.
Validate changes to clients since onboarding or their last KYC refresher, track review receipt progress, maintain client files, and complete reviews within prescribed deadlines.
Assist the Chief Compliance Officer and BSA/AML Officer in gathering data for annual business AML and OFAC risk assessments.
Update client information in the branch's FIS/AML monitoring system.
Assist the Chief Compliance Officer and BSA/AML/OFAC Officer in providing required documents for internal reviews, audits, and regulatory examinations.
Maintain branch metrics for OFAC screenings, payment hits, 314(a) requests, and transaction monitoring.
Assist the Chief Compliance Officer and BSA/AML Officer with projects throughout the year.

Desired Qualifications

ACAMS certification.
Verbal proficiency in both French and English.

National Bank of Canada - NY Branch (NBOC) is seeking to add a knowledgeable and driven compliance professional that will become part of our compliance team led by the Chief Compliance Officer. The selected candidate will be responsible for various compliance tasks related to our banking businesses.

NBOC-NY Branch is a bank that is regulated by the Federal Reserve and New York Department of Financial Services.

Your job

1. Responsible for clearingalerts related to transaction monitoring for suspicious activity reporting requirements

Perform both transaction and account monitoring (using both manual and automated alerts in FIS/AML) of customer activity to detect and manage potential unusual or suspicious transactions. Monitoring to be performed according to the Branch’s policies. Alerts must be cleared before deadlines and in accordance with the Branch’s policies.
Conduct investigations for potentially suspicious transactions.
File SARs when applicable.
Assist BSA/AML/OFAC Officer with periodic testing and model validations of FIS, the Branch’s transaction monitoring system.

2. Responsible for running 314(a) search lists in FIS/AML and clearing any resulting alerts.

3. Clear OFAC/sanctions hits for live payments including wires, checks, and IATs as necessary (FIRCO).

4. Responsible for performing annual KYC file reviews and new account openings as a back up when necessary (adhering to all Branch policies and regulatory requirements including the FinCEN CDD rule). KYC reviews:

Performing documentary reviews (validation of collected documents) and non-documentary reviews (internet research, screening parties for OFAC/Sanctions/PEP status and adverse news using World Check) on clients who are subject to a KYC Review.
Validating any changes that may have occurred to the client since their onboarding or last KYC refresher.
Tracking the progress on receipt of those reviews.
Maintaining client files and completion of the review process within prescribed deadlines.

5. Assist the CCO and BSA/AML Officer with data gathering for its annual business AML and OFAC risk assessments.

6. Update client information in the Branch’s FIS/AML monitoring system.

7. Audits and Regulatory Examinations: Assist Branch CCO and BSA/AML/OFAC Officer with requirements of documents for all internal reviews, audits, and regulatory examinations.

8. Maintain metrics relating to OFAC scrubs, payment hits, 314a requests and transaction monitoring for branch.

9. Assist Branch CCO and BSA/AML Officer with various projects throughout the year.

Your team

Within the Compliance sector, you are part of a dynamic team reporting to reporting to Chief Compliance Officer – NY Branch. You will collaborate with a variety of business partners, including teams in risk management, finance and internal audit. Our team stands out through its expertise, strategic influence, and commitment to continuous improvement.

We strive to offer you maximum flexibility to support your quality of life. This includes a hybrid work environment and a flexible, adaptable schedule.

Prerequisite

Bachelor's Degree or at least 3 years working in the financial industry, with at least 2 years of compliance experience.
Experience with transaction monitoring, SAR filing and FinCEN 314(a), CDD rules.
Must work well under competing deadlines and possess strong organizational skills.
Have strong interpersonal and analytical skills, detail oriented, organized and proactive.
Have the ability to write clear, concise, and professional correspondence, reports, and documentation.
Advanced user of Microsoft Office (Word and Excel).

Candidates that possess the following, is a plus:

ACAMs certification
Bi-Lingual French/English (only verbal is fine)

Languages:

English

About the Company

National Bank of Canada

Offers personal and commercial banking services

NBC provides personal and commercial banking, wealth management, and financial planning to individuals, SMEs, and large institutions. Its products operate through deposits, loans, mortgages, and investment services delivered via branches, digital platforms, and advisory teams to support client needs. It differentiates itself with a strong presence in Quebec, a customer-centric, human-focused approach, and a focus on long-term relationships rather than generic offerings. The goal is to help clients achieve financial well-being while expanding NBC’s footprint and positive impact in the communities it serves.

Company size: Not listed
Company stage: IPO
Headquarters: Québec City, Canada
Founded: 1859

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