FCC Risk Analyst

Primary Responsibilities

• Perform watchlist screening activities, including FinCEN Section 314(a), sanctions, politically exposed persons (PEP), adverse media, and other risk-based screening requirements.
• Review and reconcile watchlist screening, sanctions screening, and related FCC records received from Strategic Partners to identify material deviations, control gaps, and data quality issues.
• Review transaction monitoring alerts, unusual activity referrals, and customer activity to identify unusual activity and financial crime risks.
• Conduct investigations and prepare Suspicious Activity Reports (SARs) in accordance with regulatory requirements and Bank standards.
• Review and challenge Strategic Partner FCC controls, investigations, sanctions screening, transaction monitoring, and suspicious activity escalation processes.
• Perform quality assurance reviews of Strategic Partner FCC activities, including investigations, alert dispositions, customer due diligence reviews, sanctions reviews, and SAR decisioning.
• Respond to subpoenas, law enforcement requests, regulatory inquiries, and other information requests.
• Support Strategic Partner due diligence and ongoing monitoring through review of FCC controls, risk assessments, reporting, and performance metrics.
• Identify, assess, and escalate emerging financial crime risks, unusual activity trends, control weaknesses, and compliance concerns.
• Maintain FCC records, case files, tracking mechanisms, and supporting documentation.
• Participate in FCC projects, process improvements, system enhancements, and other initiatives that strengthen the Bank's financial crimes compliance program.
• Establish and maintain effective working relationships with internal stakeholders, Strategic Partners, auditors, regulators, vendors, and law enforcement agencies.
• Remain current on applicable BSA/AML/CFT, sanctions, fraud, and sponsor bank regulatory developments and emerging financial crime typologies.

Company Perks

• Paid Time Off (PTO) - Generous paid time off plus paid parental leave
• Health insurance - Plans include an employer paid medical option, dental and vision coverage, plus we offer health savings accounts
• 401(k) - WebBank matches up to the first 6 percent of employee contributions and both the employee’s contributions and WebBank’s match are fully vested immediately
• Lifetime Life and Disability Insurance - Life insurance and long and short-term disability insurance plans are 100% employer paid
• Tuition Reimbursement - WebBank provides reimbursement for classes needed to obtain certain degrees, up to $5,250 per academic year