Newtown Savings Bank

KYC Analyst

Expiring today

Location
Newtown, Connecticut
Posted
Mar 26, 2018
Closes
May 25, 2018
Industry
Banking
Employer Type
Direct Employer
Employment Type
Permanent
Hours
Full Time

Our Know Your Customer (KYC) Analyst I position is an opportunity for individuals with 2-4 years of professional financial services experience. Newtown Savings Bank is seeking an organized, team player who is responsible to review records and verify the identity of new/existing business customers to insure adherence with the Banks Customer Identification Program including beneficial owners of legal entity customers.   

The candidate must be detail-oriented with the ability to multi-task, prioritize work assignments, communicate effectively with internal staff, and complete assignments accurately and in a timely manner. Follow-through skills and time management are critical elements of this position. The KYC Analyst will track trends and report into Management which drives standardization of policies and processes across the organization.

 

PRIMARY ACCOUNTABILITIES/RESPONSIBILITIES

  • Support BSA/AML/OFAC Risk Management group by managing the Bank's Know Your Customer ("KYC”) Program and responsibilities by ensuring compliance with regulatory requirements and Bank policies and procedures.

  • Review Customer Information File (CIF) to ensure records are completed by the subject business unit.

  • Review entity documentation and account paperwork is complete and accurate.

  • Assist Analyst II to ensure that all customers are assigned an appropriately assessed.

  • Support risk management and compliance activities, including special projects, as assigned.

 

POSITION REQUIREMENTS:

  • Bachelor’s degree in business or related field or equivalent experience (i.e. 2-4 years’ experience in professional financial services). 

  • Requires specialized knowledge of BSA, USA Patriot Act, MLCA, OFAC, FATF, PEP regulations, and all associated regulations and interpretations.

  • Ability to timely meet assigned deadlines

  • Ability to multi task and prioritize

  • Sound communication skills, both written and oral

  • Self-starter who is detail-oriented with a strong customer focus.

  • Familiarity with various Fraud/BSA/AML detection systems, preferred

  • Strong and organized research and analytical skills

  • Must have strong working knowledge of MS Office Suite products.

 

QUALIFICATIONS:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed above are representative of the knowledge, skill, and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Any physical demands or work conditions described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Full time employees also receive a complete benefit package including a generous 401(k), medical benefits, paid time off, and short and long term disability programs.

Newtown Savings Bank is an equal opportunity and affirmative action employer regardless of race, gender, disability status, protected veteran status.  All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, age, marital status, national origin/ancestry, sexual orientation, gender identity, disability status, protected veteran status, or any other legally protected status.

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