Financial Crimes Data Analyst

Getevolved; Memphis (TN); On-site; USD 80,000 - 100,000; Full time

Job summary

A financial technology company in Memphis is seeking a Financial Crimes Data Analyst to oversee datasets related to financial compliance. The successful candidate will help build transaction monitoring rules, analyze compliance data, and develop reports for executive updates. Candidates should have experience with data modeling and compliance tools, ideally possessing or willing to obtain certifications like CAMS or CFE. The role offers a full-time employment in an innovative environment.

Qualifications

• 5-7 years experience working with large data sets and developing data modeling and analysis.
• Experience with AML and OFAC compliance.
• CAMS, CFE, or equivalent certification(s) or willingness to obtain certification.

Responsibilities

• Help build and tune transaction monitoring rules for AML compliance.
• Build models to detect suspicious activity related to BSA/AML/OFAC operations.
• Create and maintain dashboards and reports for AFC team performance monitoring.

Skills

Strong programming skills such as SQL

Ability to organize, analyze and interpret data

Strong attention to detail and accuracy

Effective time management

Strong troubleshooting skills

Strong verbal and written communication skills

Education

Bachelor's degree or relevant experience in technology and data

Tools

AML transaction screening tools

OFAC list screening tools

Job description

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Overview

The Financial Crimes Data Analyst will be responsible for assisting the Financial Crimes Technology Manager to build and maintain datasets and associated functions related to the Bank Secrecy Act, Anti-Money Laundering and the Office of Foreign Assets Control (BSA/AML/OFAC) regulatory functions. They will collaborate with AFC team members to gather requirements to help detect and prevent financial crimes by utilizing systems and data to mitigate risk.

Responsibilities

• Help build and tune transaction monitoring rules for AML compliance and OFAC list screening.
• Build and refine models to detect suspicious activity related to BSA/AML/OFAC operations.
• Become the BSA/AML/OFAC authority on data and associated requirements; learn and master Evolves’ data set and collaborate across teams to surface potential risks and uncover value through data analysis.
• Conduct testing, read A/B tests, and perform ad hoc analysis for the AFC team.
• Ensure data integrity feeding the systems through quality control measures, gathering of data requirements and data mapping exercises.
• Partner with Evolve IT and Product teams in maintaining data.
• Assist and coach team members to improve overall efficiency, effectiveness, and career growth.
• Review work in accordance with BSA/AML/OFAC, FinCEN and Evolve policies and procedures.
• Drive process improvements to create greater effectiveness and efficiency within all areas of responsibility.
• Create and maintain dashboards and reports for the AFC team to monitor AFC systems performance and rules execution.
• Provide updates for the Executive Team and Board of Directors, as needed.
• Demonstrate compliance with all bank regulations that apply to your position; keep current with industry related regulations.
• Follow all applicable federal laws, rules, and regulations relating to the Bank Secrecy Act, Anti-Money Laundering and the Office of Foreign Assets Control (BSA/AML/OFAC).

Education & Experience

• Bachelor's degree preferred or relevant experience in technology and data.
• 5-7 years experience working with large data sets and developing data modeling and analysis.
• Strong programming skills such as SQL or similar languages.
• Experience with AML transaction and OFAC list screening tools and technologies.
• CAMS, CFE, or equivalent certification(s) or willingness to obtain certification.
• Ability to develop and/or enhance AML operating processes to achieve high levels of effectiveness.

Key Competencies

• Ability to organize, analyze and interpret data to explain complex irregularities or trends.
• Strong attention to detail and accuracy.
• Ability to develop, create and improve systems, structures, and processes.
• Effective time management, planning and organizational skills.
• Ability to observe strict confidentiality requirements.
• Strong troubleshooting skills and the ability to resolve complex problems with minimal guidance.
• Ability to manage multiple tasks/projects and deadlines simultaneously.
• Is able to work independently, requiring little to no prompting from leadership.
• Strong verbal and written communication skills.
• Demonstrated ability to work collaboratively across teams to achieve a common goal.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Information Technology