Risk Analysis Specialist

New York, NY- Hybrid
Salary Range: $75,000 - $85,000

The Risk Analysis Specialist is responsible for the execution of BSA/AFC (Anti-Financial Crimes) retail related requests which include customer outreach, account refreshes, and expected activity reviews. The Specialist is expected to manage deadlines, as well as prioritize requests based on the risk level and maintains confidentially and utilizes discretion when executing tasks. This position is also tasked with vetting and approving unsecured LOC applications and ensures that all customer correspondence is mailed timely and tracked to completion and works directly with Apple Bank’s retail branches to ensure tasks are completed with minimal customer impact. The successful candidate must possess enhanced communication skills and the ability to conduct in depth conversations with clients to understand current and expected activities.

ESSENTIAL DUTIES & RESPONSIBILITIES 

• Conduct, as well as manage all “re-onboarding” requests for assigned districts.
• Conduct customer outreach to execute RFI’s (Request for Information), manage and track all customer correspondence including notices and emails.
• Review expected behaviors and identify and escalate activities that are out of the bank’s risk appetite.
• Provide guidance and support to branches on BSA related projects, including the assessment and review of high-risk accounts, as well as customer “re-onboards” and ensure all deadlines are met in a timely fashion; track all progress related to these projects.
• Conduct analyses and summarize findings on high-risk relationships in order to identify potential issues and mitigate risk to the Bank.
• Provide Risk Analysis Team Lead with relevant data needed to generate periodic management reporting.
• Perform and document risk reviews on business accounts.
• Manage escalations from the Cash Management Unit for activity reviews.
• Take lead on ad hoc projects as assigned.
• Vet, approve, and provide customer correspondence for Unsecured LOC applications.
• Manage KYC extension requests for our entire branch footprint.
• Review and provide guidance on new account documentation for Business Banking prospects.
• Perform additional duties as assigned.

SKILLS, EDUCATION & EXPERIENCE 

• Bachelor’s degree preferred; equivalent work experience will be considered in lieu of degree.
• 4 years of experience in a BSA related role with prior experience working with high-risk relationships.
• Must have retail banking experience.
• Strong knowledge of BSA/AML and OFAC requirements.
• Exceptional analytical skills.
• Strong communication (verbal written) and interpersonal skills.
• Knowledge of Microsoft Office suite of products; must have advanced Excel skills.
• Ability to handle confidential and sensitive material.
• Ability to multi-task and work independently.
• Must be able to travel.

Visa sponsorship not available.

We are an equal opportunity employer and do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, military and/or veteran status, or any other Federal or State legally-protected classes.

Salary : $75,000 - $85,000