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This range is provided by Synechron. Your actual pay will be based on your skills and experience talk with your recruiter to learn more.
Base pay range
$115,000.00/yr - $120,000.00/yr
Direct message the job poster from Synechron
At Synechron, we believe in the power of digital to transform businesses for the better. Our global consulting firm combines creativity and innovative technology to deliver industry-leading digital solutions. Synechrons progressive technologies and optimization strategies span end-to-end Artificial Intelligence, Consulting, Digital, Cloud & DevOps, Data, and Software Engineering, servicing an array of noteworthy financial services and technology firms. Through research and development initiatives in our FinLabs we develop solutions for modernization, from Artificial Intelligence and Blockchain to Data Science models, Digital Underwriting, mobile-first applications and more. Over the last 20+ years, our company has been honored with multiple employer awards, recognizing our commitment to our talented teams. With top clients to boast about, Synechron has a global workforce of 14,500+, and has 58 offices in 21 countries within key global markets.
We are seeking a highly experienced KYC/ AML Business Analyst role; The ideal candidate will possess over 10 years of experience in AML and KYC with a proven track record of designing and implementing complex applications.
Additional Information*
The base salary for this position will vary based on geography and other factors. In accordance with law, the base salary for this role if filled within Minneapolis, MN is $115k - $120k/year & benefits (see below).
The Role
Responsibilities:
- Collaborate with business and compliance stakeholders to gather and document KYC/AML requirements.
- Translate regulatory guidelines into actionable functional and non-functional requirements.
- Design and document workflows for customer onboarding, CDD, EDD, and periodic reviews.
- Analyze existing processes and recommend improvements to enhance compliance and efficiency.
- Work closely with IT teams to ensure regulatory needs are accurately implemented.
- Create Business Requirement Documents (BRDs), Functional Specifications (FS), and user stories.
- Support system configuration and rule definition based on compliance policies.
Requirements:
- Develop and execute test plans, test cases, and support User Acceptance Testing (UAT).
- Validate AML transaction monitoring scenarios and screening configurations.
- Ensure data quality and integrity through structured testing and analysis.
- Maintain traceability between business needs and delivered solutions.
- Monitor regulatory updates and assess their impact on existing systems.
- Coordinate with vendors and technology partners on solution implementation.
- Provide training and documentation to end-users and compliance teams.
- Support project planning, status reporting, and risk/issue tracking for KYC/AML initiatives.
Preferred, but not required:
- Experience with AML/KYC
- Should have 10+ Years of experience in Business Analyst.
- Knowledge of any programming language is a plus.
We offer:
- A highly competitive compensation and benefits package.
- A multinational organization with 58 offices in 21 countries and the possibility to work abroad.
- 10 days of paid annual leave (plus sick leave and national holidays).
- Maternity & paternity leave plans.
- A comprehensive insurance plan including medical, dental, vision, life insurance, and long-/short-term disability (plans vary by region).
- Retirement savings plans.
- A higher education certification policy.
- Commuter benefits (varies by region).
- Extensive training opportunities, focused on skills, substantive knowledge, and personal development.
- On-demand Udemy for Business for all Synechron employees with free access to more than 5000 curated courses.
- Coaching opportunities with experienced colleagues from our Financial Innovation Labs (FinLabs) and Center of Excellences (CoE) groups.
- Cutting edge projects at the worlds leading tier-one banks, financial institutions and insurance firms.
- A flat and approachable organization.
- A truly diverse, fun-loving, and global work culture.
SYNECHRONS DIVERSITY & INCLUSION STATEMENT
Diversity & Inclusion are fundamental to our culture, and Synechron is proud to be an equal opportunity workplace and is an affirmative action employer. Our Diversity, Equity, and Inclusion (DEI) initiative Same Difference is committed to fostering an inclusive culture promoting equality, diversity and an environment that is respectful to all. We strongly believe that a diverse workforce helps build stronger, successful businesses as a global company. We encourage applicants from across diverse backgrounds, race, ethnicities, religion, age, marital status, gender, sexual orientations, or disabilities to apply. We empower our global workforce by offering flexible workplace arrangements, mentoring, internal mobility, learning and development programs, and more.
All employment decisions at Synechron are based on business needs, job requirements and individual qualifications, without regard to the applicants gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law.
Seniority level
Seniority level
Mid-Senior level
Employment type
Employment type
Full-time
Job function
Job function
Consulting and Information Technology-
Industries
Information Services and Banking
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Inferred from the description for this job
Medical insurance
Vision insurance
401(k)
Paid paternity leave
Disability insurance
Paid maternity leave
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