FCB Risk Analyst

Job Title: FCB Analyst I
Department: Foreign Correspond ant Banking - 34
Reports to: FCB Risk Manager

The FCB Risk Analyst I plays a key role within Sunwest Bank’s Foreign Correspondent Banking (FCB) Risk division, supporting the broader Financial Crimes Risk Management function. This position focuses on ensuring compliance with Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC), and regulatory expectations while monitoring FCB accounts and mitigating financial crime risks. The role works closely with leadership to support due diligence, reporting, and ongoing risk management across correspondent banking relationships.

Schedule:

Monday – Friday, 8:00 AM - 5:00 PM.

Work Location:

Onsite.

Travel:
Occasional (up to 10%).

• Prepare and review FCB due diligence documentation for accuracy and completeness.
• Conduct Enhanced Due Diligence (EDD), including sanctions screening, PEP identification, and negative news monitoring.
• Monitor FCB transactions and relationships to identify trends, suspicious activity, and compliance risks.
• Perform OFAC and 314(a) searches for accounts and transactions.
• Investigate discrepancies, missing documentation, and unusual activity and collaborate with stakeholders to resolve.
• Support suspicious activity reporting (SAR reviews, reconciliations, and case documentation).
• Partner with the FCB Risk Manager on audit findings and implementing regulatory recommendations.
• Maintain ongoing monitoring and transactional analysis for high-risk accounts.
• Serve as a point of contact for BSA/OFAC matters, including sanctions alerts and escalation items.
• Stay current on regulatory developments, industry standards, and compliance best practices.
• Support updates to policies, procedures, training programs, and risk assessments.
• Assist with broader BSA/OFAC compliance initiatives and special projects as assigned.

Required

• Bachelor’s degree or equivalent combination of education and relevant banking experience.
• Minimum 1 year of BSA/OFAC or related compliance experience (or transferable experience).
• Fluency in Spanish.
• Strong attention to detail and organizational skills.
• Ability to manage multiple priorities in a regulated, deadline-driven environment.
• Proficiency in Excel, including Pivot Tables and data analysis.
• Working knowledge of banking products/services and regulatory compliance.

Nice to Have

• Experience with financial crime tools (e.g., Lexis Nexis or similar platforms).
• Experience with FiServ or comparable core banking/reporting systems.
• Exposure to transactional monitoring, risk assessments, and reporting frameworks.
• Familiarity with commercial banking environments.

• Team Culture

$70,000 - $75,000 + Bonus

In general, the following physical demands are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to allow differently abled individuals to perform the essential functions of the job.

Sedentary:
Limited activity, no lifting, limited walking.

Moderate:
Mostly standing, walking, bending, frequent lifting.

Light:
Office work, some lifting, bending, stooping or kneeling, walking.

This job description reflects the general nature of the role and may change as business needs evolve. We are an equal opportunity employer. Sunwest Bank works with staff members and customers without regard to race, ancestry, national origin, sex, marital status, age, religion, medical condition, handicap, disability or veteran status and to assist the Bank in maintaining its affirmative action program.

Compliance with Bank Secrecy Act laws and regulations is considered an extremely serious matter, and it is intended that Sunwest Bank, through the purposeful efforts of its employees and officers, are expected to make every resolute attempt to conform to its Bank Secrecy Act Program and Procedures. Failure to comply will be reflected in the employee’s performance review as well as in any bonus compensation programs in which they may participate.

Attend and complete all required classroom,…