KYC Analyst

Job Purpose & Scope

The Know Your Customer (KYC) Analyst reports to the KYC Manager and is responsible for timely performing new or existing high-risk customer reviews or for reviewing AML negative media alerts.

Essential Job Functions

• Performs new and existing high-risk customer reviews and AML negative media alerts timely as assigned by the KYC Team Leads.
• Affords assistance to the Senior KYC Analyst in reviewing high risk customer know your customer information and transactions to identify inconsistent information and unusual or potentially suspicious activity.
• Reviews new and existing high-risk customer reviews and AML negative media alerts for accuracy and completeness.
• Disposes of new and existing high-risk customer reviews and AML negative media alerts.
• Refers unusual or potentially suspicious activity to KYC Team Leads or higher for review before sending to the FIU Investigations team.
• Recommends the exiting of customer relationships to KYC Management due to suspected illegal, unusual or unauthorized activity.
• Affords assistance to other teams within BSA Administration, as necessary.

Knowledge, Skills & Abilities

• Comprehensive knowledge of the FFIEC BSA/AML and OFAC regulations
• Knowledge of due diligence and enhanced due diligence processes and advanced research techniques using the Internet, public websites and third-party repositories
• Knowledge of BSA/AML laws (including Bank Secrecy Act, USA PATRIOT Act, US Treasury AML guidelines and OFAC requirements)
• Working knowledge of AML software and case management systems
• Ability to multi-task and prioritize work projects
• Ability to communicate effectively both verbally and in writing, including ability to present to senior and executive management
• Ability to demonstrate initiative and work independently, without supervision
• Ability to demonstrate effective organizational, time management, and project management skills
• Skill in using computer and Microsoft Office, including Word, Excel, PowerPoint, and Outlook

Basic Qualifications

• Bachelor’s degree or commensurate work experience required
• Minimum of one (1) year of work experience in AML (or comparable field), preferably focusing on KYC/CDD/EDD, required
• Financial institution work experience preferred
• Professional Certification (CAMS, CFE, CBAP, CRCM) or other related certifications or willingness to obtain preferred

Job Expectations

• Operate customary equipment and technology used in a business environment, with or without accommodation.

EEO Statement

Bank OZK is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.