FCRM KYC Analyst II Job at Bancorp Bank, The, Wilmington, DE

WXdCTzQ0ODFpcithSkxBaFNJMWNiUEdYcWc9PQ==
  • Bancorp Bank, The
  • Wilmington, DE

Job Description

Overview

Work Arrangement: 

***After the initial training period, this is a hybrid role, working onsite in our Wilmington, DE office.***

Performs various activities to support the Know Your Customer (KYC) function, including identifying high-risk client types, conducting due diligence reviews on potential high-risk clients, periodic reviews/updates to Know Your Customer (KYC) records, and assisting with other business initiatives.

Responsibilities

Essential Functions

  • Conducts research and provides recommendation on new customer CDD alerts and Know Your Customer (KYC) files.
  • Performs Enhanced Due Diligence (EDD) reviews of high-risk customers. Uses customer risk scoring models in accordance with departmental processes and procedures.
  • Conducts enhanced due diligence on new and existing customers.
  • Documents EDD review findings in the appropriate databases, including all pertinent facts and information to support results.
  • Completes EDD reviews in a timely and efficient manner. Suggests process enhancements and/or research tools to increase efficiency and/or accuracy.
  • Advises business partners on the onboarding of new customers.
  • Reviews, resolves, and/or escalates adverse media and potential PEP match alerts.
  • Elevates questions and concerns to team leads as needed.
  • Completes compliance and regulatory training as assigned. Consistently maintains awareness of regulatory updates and incorporates process and procedural changes as directed by team leads and department management.
  • Performs other duties as assigned.
Qualifications

Education/Experience Requirements

  • Undergraduate degree in a related field and/or an equivalent combination of training and experience.
  • 3 years of KYC, transaction monitoring, sanctions, fraud, investigative, or financial crimes risk management (FCRM) experience in BSA/AML with exposure to EDD and OFAC.

Preferred Qualifications

  • Good working knowledge of federal and state AML regulations, including Bank Secrecy Act (BSA), OFAC and the USA PATRIOT Act.
  • Excellent verbal, written, and interpersonal communication skills.
  • Excellent research, multi-tasking, and time management skills with a strong focus on attention to detail.
  • A team player, able to work effectively in an evolving, fast paced environment.
  • Proficient in Microsoft Office suite, e.g., Excel, PowerPoint, Word, Outlook, automated CDD, name screening, and case management systems.
Background & EEO Statement

This job will be open and accepting applications for a minimum of five days from the date it was posted.

Working at The Bancorp Bank, N.A. and Benefits Information: click here

Diversity & Background Screening

Company Culture at The Bancorp Bank : click here

The Bancorp Bank, N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race, color, religion, gender, gender identity, sexual orientation, pregnancy, citizenship, national origin, age, disability, genetic information, veteran status or other protected category with respect to recruitment, hiring, training, promotion, and other terms and conditions of employment.

Employment with The Bancorp Bank, N.A. includes successfully passing a background check including credit, criminal, education, employment, OFAC, and social media background history.

#LI-Hybrid

#LI-PJ1

Job Tags

Work at office,

Similar Jobs

Command Holdings

ESRI / Python - Software Developer (TS cleared) Job at Command Holdings

 ...RESTful APIs, relational databases, and data optimization. Experience with object-oriented languages. ~ Familiarity with ESRI products (ArcGIS, ArcGIS Server, Arc Pro). Good communication skills, self-starter mindset. Professional proficiency... 

JC Law

Associate Attorney - Criminal, Civil & Family Law Job at JC Law

 ...Job Description Associate Attorney Criminal, Domestic, Civil Litigation Linthicum Heights, MD (7 miles from Baltimore) JC Law is the largest family law practice and Criminal practice in the state of Maryland with additional offices throughout the mid-Atlantic... 

D&V Home Design Center

Weekend Store Bookkeeper Job at D&V Home Design Center

 ...experience.Position summaryReporting to the President, the Bookkeeper owns the day-to-day accounting cycle for multiple concurrent construction...  ...-Friday (aligned with showroom hours). Rare evening or weekend work during year-end close or inventory audits.Compensation &... 

Aerotek

Insulation Technician (Insulation Installer) Job at Aerotek

 ...Job Description Job Description Job Title: Insulation Technician (Direct Hire) Job Description: As an Insulation Technician,...  ...fit specific spaces, sealing and preparing surfaces prior to installation, and operating tools and equipment like blowers, sprayers, and... 

Coarc

Junior Direct Support Professional Job at Coarc

 ...hiring Junior Direct Support Professionals to work with individuals with disabilities-and we...  ...Supportive team and training provided-no experience needed! What You'll Do: Help...  ...about working in education, healthcare, or social work Start making a difference while you...