FCB Risk Analyst I

About the role

The FCB Risk Analyst I plays a key role within Sunwest Bank’s Foreign Correspondent Banking (FCB) Risk division, supporting the broader Financial Crimes Risk Management function. This position focuses on ensuring compliance with Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC), and regulatory expectations while monitoring FCB accounts and mitigating financial crime risks. The role works closely with leadership to support due diligence, reporting, and ongoing risk management across correspondent banking relationships.

Schedule

Monday – Friday, 8:00 AM - 5:00 PM

Work Location

Onsite

What You’ll Do

• Prepare and review FCB due diligence documentation for accuracy and completeness
• Conduct Enhanced Due Diligence (EDD), including sanctions screening, PEP identification, and negative news monitoring
• Monitor FCB transactions and relationships to identify trends, suspicious activity, and compliance risks
• Perform OFAC and 314(a) searches for accounts and transactions
• Investigate discrepancies, missing documentation, and unusual activity and collaborate with stakeholders to resolve
• Serve as a point of contact for BSA/OFAC matters, including sanctions alerts and escalation items
• Support suspicious activity reporting (SAR reviews, reconciliations, and case documentation)
• Partner with the FCB Risk Manager on audit findings and implementing regulatory recommendations
• Maintain ongoing monitoring and transactional analysis for high-risk accounts
• Support updates to policies, procedures, training programs, and risk assessments
• Aid in broader BSA/OFAC compliance initiatives and special projects as assigned

What We’re Looking For (Required)

• Bachelor’s degree or equivalent combination of education and relevant banking experience
• Minimum 1 year of BSA/OFAC or related compliance experience (or transferable experience)
• Fluency in Spanish
• Strong attention to detail and organizational skills
• Ability to manage multiple priorities in a regulated, deadline-driven environment
• Proficiency in Excel, including PivotTables and data analysis
• Experience with financial crime tools (e.g., LexisNexis or similar platforms)
• Experience with FiServ or comparable core banking/reporting systems
• Exposure to transactional monitoring, risk assessments, and reporting frameworks
• Familiarity with commercial banking environments

Why You’ll Love Working Here

• Team Culture
• Growth Opportunities
• Benefits