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FCC Fintech Banking BSA/AML Analyst
Updated on 3/15/2023
Edgewater, NJ, USA
Experience Level
  • Bachelor's Degree
  • Minimum of 3 years of BSA/AML compliance experience; experience working for financial institutions or highly regulated industry and/or law enforcement and investigations preferred
  • Background knowledge of BSA and AML laws and regulations, including the Bank Secrecy Act, the USA Patriot Act, AML Act of 2020 and OFAC requirements
  • Knowledge of enhanced due diligence matters, financial fraud and applicable state and federal laws, payments, MSBs, correspondent banking and complex customer types and product offerings
  • Ability to manage complexity, multi-task and deliver solutions on a tight deadline
  • Experience in customer/client experience preferred
  • Experience in product and service development preferred
  • Experience of working within a strong regulatory/control environment
  • Strong communication skills, written and verbal
  • Strong analytical, problem solving and organizational skills
  • Ability to multi-task, inclusive of ability to plan, organize and prioritize workloads
  • Ability to work independently and as part of a team and work on own initiative, strong interpersonal and relationship building skills
  • Proficient in Microsoft Excel and Microsoft Word
  • Review AML programs and controls for Banking as a Service and/or Payments Fintech partners to ensure their programs align with Cross River's risk appetite
  • Interface directly with the business and Fintechs on building and reinforcing AML programs and controls to launch sustainable programs
  • Assist Management with Fintech banking during early-stage discussions for new products and services to assess BSA/AML and OFAC risks and control environment ahead of new product or service launch
  • Assist Management with Fintech banking through customer onboarding, integration and implementation period
  • Assist Program Management in the development, documentation and oversight of user acceptance testing for strategic onboarding and client management initiatives, including new product and service or expansions
  • Work closely with customers, partners and/or third parties during integration, testing and go live preparedness
  • Assist with metrics and/or key performance indicators as they relate to Innovation & Strategy
  • Communicate effectively with internal stakeholders, including Business Development, Relationship Management teams and other areas of the Control framework, including Risk, Compliance, BSA/AML and Operations
  • Provide guidance and advice on due diligence requirements from a Financial Crimes Compliance risk-based approach
  • Complete all assigned training and where relevant complete ongoing education such as webinars or conferences to stay abreast of regulatory changes and the regulatory environment
Cross River Bank

501-1,000 employees

Financial technology infrastructure solutions
  • Generous parental & leave policies
  • Completely subsidized health, dental, & vision insurance
  • Complimentary dry cleaning
  • On-site haircuts
  • Endless snacks
  • Company events
Company Core Values
  • Authentic
  • Purposeful
  • Responsible