KYC Compliance Analyst I

Job Description

Purpose of Job

We are seeking talented KYC Compliance Analyst I for the following locations: San Antonio, TX, Phoenix, AZ, Plano, TX, Tampa, FL, or Charlotte, NC.
Assists USAA Anti-Money Laundering (AML) and Office of Foreign Asset Control (OFAC) Enterprise services in meeting USAA's regulatory requirements of preventing, detecting, and reporting suspected money laundering and terrorist financing activities. Responsible for AML Compliance implementation of KYC Standards.

Job Requirements

About USAA

USAA knows what it means to serve. We facilitate the financial security of millions of U.S. military members and their families. This singular mission requires a dedication to innovative thinking at every level.

Primary Responsibilities:

• Assists with the implementation of unit objectives and policies and procedures to meet organizational goals and objectives focused on AML/KYC in support of USAA and its membership.
• Produce a risk-based written analysis of customers who require periodic review and escalate to the appropriate CoSA’s for file remediation, as needed. (CDD, EDD, SDD)
• Participate in the development, implementation, and maintenance of Enterprise AML Compliance technology tools used in the KYC process.
• Works within aggressive timelines to ensure goals are accomplished for KYC Customer Profile reviews.
• Identify, review and monitor higher risk customers to minimize risk for the Enterprise (CDD, EDD, SDD).
• Collaborates across internal and Enterprise teams to identify opportunities and solutions regarding AML/KYC Compliance.
• May conduct research, analyze and evaluate additional verification via non-documentary methods and notifies CoSA to take reasonable measures to restrict the Customer’s ability to use, liquidate and/or close the Account/Covered Product. (CIP)
• Manage Negative News and PEP screening functions, as appropriate. (CDD, EDD, SDD)
• Conduct periodic reviews of customers as needed to ensure accuracy of profile. (CDD, EDD, SDD)
• Utilize documentary and non-documentary requirements, as appropriate, to be applied to verify the identity of the Customer. (CIP)
• Participates in AML/KYC key initiatives, workstreams, working groups and projects.
• Provide change management opportunities as needed for procedures and escalations.
• Assist in other activities and duties as required to develop, enhance, implement, monitor, and control aspects of BSA compliance for the Enterprise.

MINIMUM REQUIREMENTS

• Bachelor's degree OR 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree (8 years total relevant experience).
• 4 or more years relevant work experience in Anti-Money Laundering/Know Your Customer or other relevant work experience in a financial services company, legal, regulatory, or consulting firm.
• Knowledge of Bank Secrecy Act, AML regulations, and the USA PATRIOT Act.
• Analytical and problem-solving skills.
• Demonstrated communication and presentation skills.
• Experience managing multiple task/priorities successfully.
• Proficiency in Microsoft Office products

When you apply for this position, you will be required to answer some initial questions. This will take approximately 5 minutes. Once you begin the questions you will not be able to finish them at a later time and you will not be able to change your responses.

Preferred Experience:

• 4+ years of AML analysis experience in Financial Services.
• Proven experience with Know Your Customer (KYC) to include CDD, EDD, and SDD analysis in AML reviews for businesses and higher-risk customers.
• Experience in analyzing customer KYC information in conjunction with transactional data.
• Strong writing skills
• CAMS, CFE, or CAFP certified.

The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.

Compensation:

USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market position. The salary range for this position is: $66,300.00 - $119,500.00*( this does not include geographic differential it may be applied based on your work location)

Employees may be eligible for pay incentives based on overall corporate and individual performance or at the discretion of the USAA Board of Directors.

*Geographical Differential: Geographic pay differential is additional pay provided to eligible employees working in locations where market pay levels are above the national average.

Shift premium: will be addressed on an individual-basis for applicable roles that are consistently scheduled for non-core hours.

Benefits:

At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.

Please click on the link below for more details.

USAA Total Rewards

Relocation assistance is not available for this position.