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Sr. Compliance Analyst - Corporate Banking

Sr. Compliance Analyst - Corporate Banking

Houston StaffingHouston, TX, US
23 hours ago
Job type
  • Full-time
Job description

Senior Compliance Analyst

The Senior Compliance Analyst will be a key, experienced member of the Compliance Department, primarily responsible for the execution, enhancement, and oversight of the bank's financial crimes compliance program. This role involves independent decision-making, leading complex investigations, and mentoring junior staff. A deep, comprehensive understanding of Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) regulations, Office of Foreign Assets Control (OFAC) sanctions, Know Your Customer (KYC) procedures, and the USA PATRIOT Act is mandatory. If you do not have significant experience in this area, you will not be considered for the position.

Key Responsibilities

  • Advanced AML / BSA Investigations & Reporting :
  • Lead and conduct complex, high-risk investigations into suspicious activity, transactions, and potential financial crimes.
  • Serve as a final reviewer or preparer of Suspicious Activity Reports (SARs) for filing with FinCEN, ensuring high quality and regulatory completeness.
  • Manage and provide subject matter expertise on complex alerts generated by monitoring systems.
  • Enhanced Due Diligence (EDD) Management :
  • Oversee and execute Enhanced Due Diligence (EDD) procedures for high-risk customers, including Foreign Correspondent Banks (FCBs), Money Service Businesses (MSBs), and Politically Exposed Persons (PEPs).
  • Review and approve complex Customer Due Diligence (CDD) and KYC files.
  • Regulatory Implementation & Policy :
  • Analyze new and evolving U.S. and international regulations (e.g., changes to BSA, OFAC, and FinCEN guidance) and assist in translating them into actionable, compliant internal policies and procedures.
  • Participate in regulatory change management projects and represent Compliance on cross-functional working groups.
  • OFAC & Sanctions Expertise :
  • Serve as a point person for escalated OFAC sanctions screening matches and potential violations, ensuring accurate blocking, rejecting, and reporting as required.
  • Mentorship & Quality Assurance :
  • Provide guidance and training to junior analysts on case management, regulatory interpretation, and best practices.
  • Conduct quality assurance (QA) reviews of analysts' work product (e.g., alert disposition, case narratives).

Requirements

Qualifications Required

  • Education : Bachelor's degree in Finance, Legal Studies, Business Administration, or a related field.
  • Experience : Minimum of 4-7 years of progressively responsible experience in a compliance, financial crimes, or regulatory risk role within the banking or financial services industry, preferably at an international institution.
  • Regulatory Mastery : Expert-level knowledge of U.S. financial crime regulations, including the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) laws, USA PATRIOT Act, and OFAC regulations.
  • Skills : Proven ability to manage multiple complex projects simultaneously, exercise sound judgment in ambiguous situations, and conduct detailed regulatory gap analysis.
  • Communication : Exceptional analytical, presentation, and technical writing skills (SAR narratives, policy drafting).

    • Preferred

  • Certification : CAMS (Certified Anti-Money Laundering Specialist) certification is highly preferred and may be required within the first year of employment.
  • Advanced Degree : Master's or advanced degree is a plus.
  • Technical Proficiency : Experience with AML monitoring systems (e.g., Actimize, Mantas) and sanctions screening software.
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    Sr Compliance Analyst • Houston, TX, US