KYC Compliance Analyst Senior
USAA
3,467 reviews
Durant, FL 33530
USAA
3,467 reviews
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Purpose of Job We are currently seeking a talented KYC Compliance Analyst Senior for one of the following locations: San Antonio Home Office I, Phoenix Campus, Plano Legacy, Tampa Crosstown or Charlotte, NC.
Job Description Summary:
Assists USAA Anti-Money Laundering (AML) and Office of Foreign Asset Control (OFAC) Enterprise services in meeting USAA's regulatory requirements of preventing, detecting, and reporting suspected money laundering and terrorist financing activities. Responsible for AML Compliance implementation of KYC Standards.
Job Requirements
About USAA
USAA knows what it means to serve. We facilitate the financial security of millions of U.S. military members and their families. This singular mission requires a dedication to innovative thinking at every level.
USAA Careers – World Class Benefits (31 seconds)
Primary Responsibilities:
Assists with the implementation of unit objectives and policies and procedures to meet organizational goals and objectives focused on AML/KYC in support of USAA and its membership.
Produce a risk-based written analysis of customers who require periodic review and escalate to the appropriate CoSA’s for file remediation, as needed. (CDD, EDD, SDD)
Proactively identifies, escalates and provides recommendations for AML/KYC related risks and issues in support of KYC Standards and concepts.
Participate in the development, implementation, and maintenance of Enterprise AML Compliance technology tools used in the KYC process.
Manage Negative News and PEP screening functions, as appropriate. (CDD, EDD, SDD)
Conduct research, analyze and evaluate additional verification via non-documentary methods and notifies CoSA to take reasonable measures to restrict the Customer’s ability to use, liquidate and/or close the Account/Covered Product. (CIP)
Assist other analyst regarding work prioritization to ensure goals are accomplished for KYC Customer Profile reviews.
Utilize documentary and non-documentary requirements, as appropriate, to be applied to verify the identity of the Customer. (CIP)
Conduct periodic reviews of customers as needed to ensure accuracy of profile. (CDD, EDD, SDD)
Responsible for identifying and sharing best practices and assist in development, implementation and revision of current policies and procedures.
Leads AML/KYC key initiatives, workstreams, working groups and projects.
Provide change management opportunities as needed for procedures and escalations.
Assist in other activities and duties as required to develop, enhance, implement, monitor, and control aspects of BSA compliance for the Enterprise.
When you apply for this position, you will be required to answer some initial questions. This will take approximately 5 minutes. Once you begin the questions you will not be able to finish them at a later time and you will not be able to change your responses.
Minimum Requirements:
Bachelor's degree required OR 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree (10years total).
6 or more years relevant work experience in Anti-Money Laundering/Know Your Customer or other relevant work experience in a financial services company, legal, regulatory, or consulting firm.
Knowledge of Bank Secrecy Act, AML regulations, and the USA PATRIOT Act.
Analytical, collaboration, problem-solving skills and the ability to make decisions in complex scenarios.
Strong communication, prioritization and presentation skills.
Experience coaching peer groups.
Proficiency in Microsoft Office products.
Preferred Experience:
6+ year of extensive working knowledge of BSA AML Regulations.
Extensive work experience conducting AML risk assessments and gap analysis.
6+ years of experience and deep subject matter expertise for Know Your Customer (KYC) requirements and KYC data quality.
Extensive work experience for CIP and USA Patriot Act Requirements.
Extensive work experience for CDD/EDD data collection and data quality.
Deep knowledge of banking products and customer channels.
Familiar with system and technology for managing a KYC profile.
Ability to multi- task and operate with great efficiency in a complicated, matrixed, and stressed work environment.
Self-starter with the ability to build processes from the ground up, streamline and enhance existing processes with limited direction.
Experience in Peer Training and Group Presentations.
The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.
Compensation:
USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market position. The salary range for this position is: $66,300 - $119,500*(this does not include geographic differential it may be applied based on your work location)
Employees may be eligible for pay incentives based on overall corporate and individual performance or at the discretion of the USAA Board of Directors.
• Geographical Differential: Geographic pay differential is additional pay provided to eligible employees working in locations where market pay levels are above the national average.
Shift premium: will be addressed on an individual-basis for applicable roles that are consistently scheduled for non-core hours.
Benefits:
At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.
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Relocation assistance is not available for this position.