Due Diligence Analyst 2 (Remote)

SUMMARY : The primary purpose of this position is to review, assess, and validate customer records to aide in the detection of possible money laundering, terrorist financing, and fraud using risk-based approach methods while ensuring compliance with the Bank's established BSA / AML program.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties and special projects may be assigned.

• Review KYC for completeness and accuracy as part of customer validation in order to assess and document the risks associated with that customer.
• Identify and address items through day-to-day assignments to ensure the Bank's KYC and CIP standards have been met.
• Ensure ongoing due diligence efforts and KYC are maintained while identifying substantive changes to customer profiles.
• Perform AML Screening / CDD / EDD reviews on prospects and new / existing customers in accordance with the Bank's policies and procedures.
• Review and resolve EDD Verifier alerts; escalate findings to Manager when appropriate.
• Perform searches utilizing Internet sources and / or third-party vendors (i.e. Google, LexisNexis and / or World Compliance) to determine negative news and obtain due diligence information for prospects and new / existing customers.
• Respond to daily inquiries from peers, front-line and management regarding KYC / CIP and due diligence matters, when appropriate.
• Communicate effectively with peers, front-line and management when requesting information or documentation and addressing concerns or findings.
• Adhere to all designated time frames, manage workflow to the specified deadlines and complete responsibilities in a satisfactory manner.
• Thoroughly document findings by preparing reports in a manner that is clear and comprehensible to BSA supervisors / managers, internal auditors and regulatory examiners.
• Report and escalate all concerns or negative findings clearly and objectively to Manager.
• Interact with bank examiners, internal auditors, and compliance personnel during BSA and AML related audits, if necessary.
• Complete all job-related training in a timely manner and attend seminars or continuing education, as directed.
• Participate in team meetings.
• Perform any other assignments as directed by Manager.
• Ensure all customer records are properly completed and communicate deficiencies to appropriate party and / or Manager.
• Exercise discretion in setting priorities, identify customer records that require further review and take action to obtain and follow-up on attaining the information and / or documentation requested.
• Report positive EDD Verifier PEP matches and negative news findings to Manager.
• Actively assist the Manager in special projects that are both system related or involve special investigations or reviews.
• Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.).
• Adheres to Bank policies and procedures and completes required training.
• Identifies and reports suspicious activity.

EDUCATION

College degree preferred

EXPERIENCE

CERTIFICATES, LICENSES, REGISTRATIONS

ADDITIONAL INFORMATION

Candidates residing in locations within BankUnited's footprint may be given preference.