Title: Business Analyst - Non IT Location: 18850 N 56th Street Building 3, Phoenix, AZ 85054, Sandy, UT, or 1500 NW 136th Ave, Sunrise, FL 33323 Duration: 6 Months
Description
Our client’s Financial Intelligence Unit (FIU), within Global Financial Crimes Compliance (GFCC), provides end-to-end support and oversight of global financial crimes investigations. In conjunction with GFCC partners, the FIU develops and implements automated transaction monitoring rules, reports, and other processes designed to identify activity potentially indicative of criminal behavior.
The FIU, when appropriate, files suspicious activity reports (SARs) with the Financial Crimes Enforcement Network (FinCEN), which is part of the U.S. Department of the Treasury, and/or refers matters to internal compliance partners for review and reporting globally. In addition, the FIU manages risk associated with politically exposed persons and persons and entities on core sanctions and risk lists through regular screening, and manages risk associated with improper payments that could be indicative of bribery, corruption, or other illicit activity by reviewing internal payments and expenditures.
The FIU performs a critical role in ensuring that complies with all applicable laws and regulations, including the Bank Secrecy Act, the USA PATRIOT Act, and the Foreign Corrupt Practices Act, and provides law enforcement with key information for the investigation and prosecution of money laundering and terrorist financing, credit card fraud, identity theft, and other criminal activity.
Customers who present higher money laundering or terrorist financing risks are subject to periodic enhanced due diligence reviews. The High-Risk Enhanced Due Diligence (HR EDD) Team is responsible for conducting annual reviews of high-risk customers who hold U.S. Bank-issued products.
Job Responsibilities
The successful HR EDD analyst will be expected to:
Conduct time-sensitive, meticulous EDD reviews of high-risk customers utilizing a variety of research and investigative tools
Produce detailed analysis and summary of customer and transactional activity and, when appropriate, refer suspicious activity to the SAR and/or account termination process
Collaborate with line of business compliance partners to ensure proper review and risk assessment of high-risk customers
Work effectively with colleagues to meet aggressive deadlines and support management objectives
Exhibit a high level of professionalism, self-motivation and sense of urgency
Build strong relationships with strategic partners across the FIU to ensure effective coordination of significant investigations
Minimum Qualifications
Ideal candidates must exhibit investigative, research-intensive, and/or strong writing skills while meeting one or more of the following qualifications:
A minimum of two years of experience in compliance, risk management, audit, investigations, or the broader financial industry
A minimum of two years of experience in the legal field without a Juris Doctorate (JD)
A minimum of two years of experience in BSA/AML compliance, sanctions or law enforcement
A bachelor’s degree or higher in one of the following or similar fields of study: Justice Studies, Law, English, Journalism, Business or Public Administration, Finance, Economics, Accounting, or other field involving intensive research, writing, and/or data analysis
JD or Master’s degree preferred
CAMS certification preferred
About Us: Established in 2004, SPECTRAFORCE® is one of the largest and fastest-growing diversity-owned staffing firms in the US. The growth of our company is a direct result of our global client service delivery model that is powered by our state-of-the-art A.I. proprietary talent acquisition platform, robust ISO 9001:2015/ISO 27001 certified processes, and strong and passionate client engaged teams. We have built our business by providing talent and project-based solutions, including Contingent, Permanent, and Statement of Work (SOW) services to over 140 clients in the US, Canada, Puerto Rico, Costa Rica, and India. Key industries that we service include Technology, Financial Services, Life Sciences, Healthcare, Telecom, Retail, Utilities and Transportation. SPECTRAFORCE is built on a concept of “human connection,” defined by our branding attitude of NEWJOBPHORIA®, which is the excitement of bringing joy and freedom to the work lifestyle so our people and clients can reach their highest potential. Learn more at: http://www.spectraforce.com
Benefits: SPECTRAFORCE offers ACA compliant health benefits as well as dental, vision, accident, critical illness, voluntary life, and hospital indemnity insurances to eligible employees. Additional benefits offered to eligible employees include commuter benefits, 401K plan with matching, and a referral bonus program. SPECTRAFORCE provides unpaid leave as well as paid sick leave when required by law.
Equal Opportunity Employer: SPECTRAFORCE is an equal opportunity employer and does not discriminate against any employee or applicant for employment because of race, religion, color, sex, national origin, age, sexual orientation, gender identity, genetic information, disability or veteran status, or any other category protected by applicable federal, state, or local laws. Please contact Human Resources at LOA@spectraforce.com if you require reasonable accommodation. At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position’s starting pay is: $25.00/hr.
