Compliance Analyst 3 in Greenwood Village, CO at APEX Systems

Date Posted: 11/7/2019

Job Snapshot

Job Description

Job #:  1024733
Apex Systems is searching for an experienced Compliance Analyst to fill a short-term contract role with our Fortune 500 Client in Greenwood Village, CO!
Job Description Summary:
Responsible for performing and documenting all applicable customer verification processes related to the assigned business function and the communication and resolution of findings and other issues. Conducts customer due diligence and high risk reviews according to the bank’s BSA/AML policy and procedure. Analyzes the customer due diligence process and methodology to identify patterns and trends, and communicates with management to ensure that risks are adequately identified and addressed.
Essential Job Functions:
  • Conducts customer due diligence and high risk reviews according to the bank’s BSA/AML policy and procedures
  • Ensures that decisions to retain or exit a customer relationship align with supporting documentation submitted for each high risk customer type, and with appropriate research conducted during the high risk review process.
  • Implements, performs and documents assigned customer verification reviews; performs and conducts compliance screening for PEP, sanctions and adverse news  based on detailed procedures and processes. Identifies issues, escalates to management for resolution and formally documents findings.
  • Communicates customer review results to management and business partners. Prepares and presents written reports of high risk reviews including results and recommendation for customer onboarding, closure or retention. Decisions.
  • Identifies areas of risk and make recommendations on operational improvements, processes for compliance, quality assurance and any additional training essential to mitigate risk. Seeks ways to assist the Bank in strengthening customer due diligence, remain compliant and improve efficiency.
  • Researches and analyzes testing results or issues, training, reads literature in order to become more knowledgeable about current banking, regulatory and audit issues, and performs other tasks as necessary to carry out daily responsibilities.
  • Performs research, participates in training, and reads literature in order to become more knowledgeable about current business and issues related to assigned area(s).
  • Establish and maintain effective working relationships with Bank field Relationship Managers and/or Retail Branch contacts
  • Experience with customer outreach, telephone etiquette, and ability to establish rapport with internal customers by phone

Qualifications - External
  • Bachelor’s Degree

  • 5- 7 years of related experience with a financial services institution or other agency conducting high risk customer due diligence reviews  according to BSA/AML policy and procedure
  • Thorough knowledge of  Customer Identification Procedure (CIP) requirements
  • Thorough knowledge of customer verification processing
  • Thorough knowledge of  commercial deposit account procedures as they apply to account opening processes and requirements
  • Thorough knowledge of industry relevant software used for analysis
  • Analytical and research skills
  • Excellent written and verbal communication
  • Ability to perform independently with a minimum of supervision
  • Good organizational skills
    • Good to presentation skills
    • Excellent PC skills, including knowledge of MS Word, Excel, Access, and related software

EEO Employer
Apex Systems is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of race, color, religion, creed, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), age, sexual orientation, gender identity, national origin, ancestry, citizenship, genetic information, registered domestic partner status, marital status, disability, status as a crime victim, protected veteran status, political affiliation, union membership, or any other characteristic protected by law. Apex will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law. If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation in using our website for a search or application, please contact our Employee Services Department at 844-463-6178-6178.