BSA/AML Analyst - Ford Credit Bank

About the role

Join the ground floor of Ford Credit Bank—a de novo Utah industrial bank—as a BSA/AML Analyst. You will serve as a critical member of the second line of defense, performing transaction monitoring, customer due diligence, and investigations to protect the bank and ensure regulatory compliance. This role reports to the BSA/AML Officer and supports the mission of upholding the highest standards of integrity, ethics, and regulatory compliance within a leading financial institution.

Responsibilities

• Conduct customer KYC reviews, including Customer Identification Program (CIP), customer due diligence (CDD), and enhanced due diligence (EDD) as part of the Bank’s AML Program.
• Monitor, review, and action BSA/AML and Sanctions compliance alerts, including unusual activity, OFAC, Politically Exposed Persons (PEP), 314(a) screening, and adverse media alerts.
• Independently conduct comprehensive investigations on confirmed screening matches and potential suspicious activity related to money laundering, fraud, or terrorist financing.
• Write suspicious or not-suspicious memos and recommend when to file Suspicious Activity Reports (SARs).
• Assist the BSA/AML Officer in complying with all sanctions-related risk and regulatory requirements.
• Review and respond to requests from law enforcement, such as 314(a) related communication and other legal requests.
• Ensure third-party service providers and/or affiliates meet AML Program requirements under applicable Service Level Agreements (SLAs).
• Contribute to projects to improve and optimize the Bank's AML Program.
• Collaborate with Business Operations, Risk, Cyber, and other teams within Ford Credit Bank.
• Travel up to 5% of the time.

Requirements

• Bachelor’s degree preferred or equivalent banking experience.
• 2+ years of experience in BSA/AML or Fraud-related work in banking or financial services.
• Strong investigative skills, including familiarity with public record research and database tools.
• Demonstrated transaction analysis skills applicable across numerous financial products in complex scenarios.
• Familiarity with relevant BSA/AML laws, regulations, and industry best practices.
• Written communication skills with a focus on detail and accuracy.
• Good organizational and time management skills.
• Expertise in Microsoft products, such as Excel, Word, and PowerPoint.

Preferred Qualifications

• Certification, or working toward certification, from the Association of Certified Anti-Money Laundering Specialists (ACAMS).
• Experience with Fiserv banking applications, such as DNA and Financial Crimes Risk Management (FCRM).
• Experience working for a fully online or virtual bank.
• Understanding of direct or indirect auto lending bank products.
• Strong project reporting skills, with a focus on interdepartmental communication.

Benefits

• Immediate medical, dental, vision, and prescription drug coverage.
• Flexible family care days, paid parental leave, new parent ramp-up programs, and subsidized back-up child care.
• Family building benefits including adoption and surrogacy expense reimbursement, fertility treatments, and more.
• Vehicle discount program for employees and family members, including management leases.
• Tuition assistance.
• Established and active employee resource groups.
• Paid time off for individual and team community service.
• A generous schedule of paid holidays, including the week between Christmas and New Year’s Day.
• Paid time off and the option to purchase additional vacation time.

Pay

This position is a banded range from salary grade 5 ($65,100–$109,300) to salary grade 7 ($86,600–$144,900). Final determination of salary grade will be based on the candidate's skills and experience, with base salary set within the applicable range according to job scope, responsibility, and competitive market value.

Schedule

This position is hybrid. Candidates who are in commuting distance to a Ford hub location may be required to be onsite four or more days per week.