AFC KYC Analyst

Manhattan, New York
Salary range: $70,000 - $80,000

The AFC KYC Testing Unit (KYCTU) is a subunit within Apple Bank’s (the Bank) AFC Department. The KYCTU is a second line function that acts as a primary subject matter expert (SME) concerning KYC review/testing of select client information to include CIP, select CDD information, and select key internal components for Apple Bank’s consumer banking and commercial banking customers. The AFC KYC Testing Analyst will ensure that all client onboarding documentation is complete, accurate, and consistent with the Bank’s customer onboarding procedures.

Specifically, the AFC KYC Testing Analyst reviews KYC profiles based on the onboarding documentation and information obtained from the business where the accounts were opened and interacts with senior department leadership, as well as Legal and Operations, to ensure all regulatory and firm requirements are met for new accounts.

ESSENTIAL DUTIES & RESPONSIBILITIES

The AFC KYC Testing Analyst will:

• Review account documentation submitted for multiple types of newly established business and consumer accounts.
• Communicate necessary documentation changes to branches and follow through proactively to ensure requested documents/changes have been submitted.
• Ensure that account opening activities consistently adhere to requirements.
• Keep the Team Lead apprised of all outstanding issues and escalate appropriately.
• Perform other related duties as assigned.

ADDITIONAL DUTIES & RESPONSIBILITIES

The AFC KYC Testing Analyst will also:

• Apply independent judgement in the identification and escalation of key BSA/AML risks.
• Proactively identify potential efficiency gains in our end-to-end process.
• Participate in committee meetings, as necessary.
• Perform ad hoc project support, as necessary.

SKILLS, EDUCATION, & EXPERIENCE

• Bachelor’s degree required.
• Minimum 1 year of experience in banking compliance, with a strong emphasis on BSA/AML regulations and requirements.
• Minimum 1 year experience reviewing and completing full KYC files.
• Demonstrated experience reviewing client files and must be able to complete the review on an independent basis, as well as possess skillset to determine if there are any suspicious elements to the client and/or documentation.  
• A solid understanding of KYC best practices and industry standards.
• Experience utilizing MS Office suite of products (Word, Excel & PowerPoint).
• Excellent verbal, written, and interpersonal communication skills.
• Analytical, research, and problem-solving skills to properly assess any red flags that may be discovered during the review process.
• Excellent time management skills with strong focus on attention to detail.
• The ability to work effectively in a team-fostered, multi-tasking environment.
• The ability to collaborate with other departments and groups in working together towards issue resolution.
• Professional certification (i.e. CAMS) a plus.

Visa sponsorship not available.

We are an equal opportunity employer and do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, military and/or veteran status, or any other Federal or State legally-protected classes.