Tandym Group
A top Fortune 50 financial institution is currently seeking a Business Risk Analyst to join its BSA/AML & OFAC Compliance team. This role focuses on identifying, analyzing, and mitigating fraud risk while ensuring adherence to regulatory requirements across multiple banking channels.
About the Opportunity:
Responsibilities:
The Business Risk Analyst will be responsible for:
Qualifications:
Desired Skills:
About the Opportunity:
- Remote
- Standard business hours, Monday-Friday
- Professional office setting
Responsibilities:
The Business Risk Analyst will be responsible for:
- Performing research and analysis of account activity to identify red flags, suspicious activity, and potential fraud schemes.
- Conducting in-depth investigations into fraudulent transactions, including account takeovers, identity theft, synthetic identities, and other emerging fraud typologies.
- Creating and maintaining Suspicious Activity Reports (SARs) focused on fraud-related activity.
- Supporting branch and contact center staff in complying with established BSA/AML policies and procedures.
- Executing day-to-day OFAC operations, compliance analyses, and enterprise-wide projects.
- Responding to ad-hoc OFAC-related queries and providing subject matter expertise to partner business units.
- Identifying, reviewing, and reporting suspicious activity across digital banking, wire transfers, and remote deposit capture channels.
- Ensuring adherence to applicable federal and state laws, rules, and regulations.
Qualifications:
- 3+ years of experience in fraud analysis, BSA/AML compliance, or related risk management roles.
- Bachelor's degree in finance, business, criminal justice, or related field (or equivalent work experience).
- Strong knowledge of BSA/AML and OFAC regulations and industry guidance.
- Proficiency in data analysis tools such as Excel.
- Excellent problem-solving and critical-thinking skills.
- Strong written and verbal communication skills.
Desired Skills:
- CAMS (Certified Anti-Money Laundering Specialist) or similar compliance certification.
- Experience with fraud detection systems and investigative tools.
- Ability to work independently and manage multiple priorities in a fast-paced environment.