BSA/AML Analyst

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Job description

At One we believe hardworking people deserve a banking service designed for them and the relationships they value most. For most people, money is a major source of anxiety. Complicating things further, the current financial system breaks up the money you earn, save and borrow into siloes. This makes it hard to maximize your paycheck, and it's difficult to get a clear picture of where you're at and feel in control.

Although there's been a lot of exciting innovation in the financial industry, traditional banks still tend to cater to more affluent customers while new digital banks tend to target younger consumers with simpler financial needs. The majority of American families are somewhere in the middle and are being left behind. We decided to change that approach. We've been rebuilding the primary elements of banking - saving, spending, borrowing, and sharing - and combining them in an all-in-One account.

About the Role:

We are seeking a BSA/AML Analyst with experience in consumer depository and lending products to administer and help further develop compliance procedures and controls. Your contributions will fundamentally impact the effectiveness of our compliance program. The role is based in California, in Sacramento or the Bay Area.

Responsibilities:
BSA/AML/OFAC Operations -
● Using your investigative skills to perform daily monitoring of suspicious activity alerts, and analytical skills to decision alerts and escalate as appropriate
● Daily monitoring of sanctions and PEP screening alerts
● Drafting suspicious activity reports
● Assisting with transaction monitoring system tuning
● Providing advice and analysis; monitoring ML/TF typologies and trends to identify potential areas of BSA risk; and collaborating to implement system changes

Other Compliance Administration Support -
● Assisting with administration of compliance program processes; conducting QC testing; tracking corrective actions; and maintaining procedures;
● Working with Operations team to meet compliance requirements, develop frontline QC tools, and execute testing
● Identifying and assisting with KRI and KPI metric reporting of compliance risks
● Helping to build a strong culture of compliance across the company

About You
● Undergraduate degree
● 2+ years' relevant experience in BSA/AML/OFAC risk and compliance, supporting B2C products at a financial institution, fintech or regulatory agency; focus on electronic banking, payments and card transactions a plus
● Working knowledge of relevant laws and regulations (e.g. USA PATRIOT Act, Bank Secrecy Act, OFAC requirements, ID theft Red Flags requirements)
● Experience with implementing financial crime risk management best practices
● Demonstrated experience drafting and reviewing suspicious activity reports for potential money laundering, terrorist financing, fraud, and other criminal activity
● Experience using business intelligence software
● Look-back, back-testing, and/or statistical analysis experience a plus
● Self-starter, able to anticipate management needs, and comfort working in a dynamic environment
● Meticulously organized with ability to successfully manage disparate assignments in parallel
● Results-oriented and analytical, with an ability to work independently and adaptively, to anticipate and mitigate friction points, and to take action to promptly resolve and learn from challenges
● Ability to work closely and communicate effectively with colleagues in all functions at all levels who are working remotely
● Skilled in both written and verbal communications with all levels of an organization
● CAMS or current candidacy a plus

About the Benefits:
● Early stage equity package
● Full medical/dental/vision benefits
● Wellness benefits
● 11 observed holidays
● 3 months of parental leave
● 401k
● Commuter benefits

One is a proud equal opportunity employer. We are committed to fair hiring practices and to creating a welcoming environment for all team members. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, age, familial status or veteran status.

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