What are the responsibilities and job description for the Risk Assessment Analyst - AML & OFAC position at Customers Bank?
At Customers Bank, we believe in working hard, working smart, working together to deliver memorable customer experiences and having fun. Our vision, mission, and values guide us along our path to achieve excellence. Passion, attitude, creativity, integrity, alignment, and execution are cornerstones of our behaviors. They define who we are as an organization and as individuals. Everyone is encouraged to have personal development plans. By doing so, our team members are on their way to achieve their highest potential and be successful in their personal and professional lives.
Work Location: Hybrid in Malvern or West Reading, PA., coming into the office at least 3-days per week with Monday, Tuesday, and Thursday being the set in-office days. If within a 50-mile radius of a Customers Bank location, the expectation is to be hybrid. All subject to change.
Must be legally eligible to work in the United States without sponsorship, now or in the future, to be considered.
Who is Customers Bank?
Founded in 2009, Customers Bank is a super-community bank with over $22 billion in assets. We believe in dedicated personal service for the businesses, professionals, individuals, and families we work with.
We get you further, faster.
Focused on you: We provide every customer with a single point of contact. A dedicated team member who’s committed to meeting your needs today and tomorrow.
On the leading edge: We’re innovating with the latest tools and technology so we can react to market conditions quicker and help you get ahead.
Proven reliability: We always ground our innovation in our deep experience and strong financial foundation, so we’re a partner you can trust.
What You’ll Do:
We are looking for a detail-oriented Risk Assessment Analyst to support AML and OFAC risk assessment activities. The analyst will assist in implementing the updated risk assessment methodology, conduct risk evaluations, and work closely with the Risk Assessment Manager to ensure all risk-related actions meet regulatory requirements.
Key Responsibilities:
- Assist in the execution of AML and OFAC risk assessments in line with the updated methodology.
- Collect, analyze, and interpret data related to organizational and regulatory risk factors.
- Support the Risk Assessment Manager in developing and delivering risk reports to senior leadership.
- Monitor risk exposure, identify potential issues, and recommend mitigation strategies.
- Assist in maintaining up-to-date knowledge of AML and OFAC regulations.
What Do You Need?
- Bachelor’s degree in finance, risk management, or a related field.
- 3-5 years of experience in risk management, AML, or related fields.
- Strong analytical and problem-solving skills.
- Knowledge of AML and OFAC regulatory frameworks is preferred.
- Ability to work both independently and collaboratively as part of a team.
Technology Skills:
- Ability to work with the Microsoft Suite and learn/work with other Customers Bank’s applications.
Customers Bank is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
We also provide “reasonable accommodations”, upon request, to qualified individuals with disabilities, in accordance with the Americans with Disabilities Act and applicable state and local laws.
Diversity Statement:
At Customers Bank, we believe in working smart, working together, and having fun while delivering innovative solutions and memorable experiences for our customers. We are committed to the continual advancement of a culture which reflects the value we place on diversity, equity, and inclusion. We honor the diverse experiences, perspectives, and identities of our team members, and we recognize that it is their passion, creativity, and integrity that drives our success. Step into your future with us! Let’s take on tomorrow.
