AML Product Analyst

Description

This employer will not sponsor applicants for the following work visas: F-1 student, H-1B worker, O-1 worker, TN worker, E-3 worker. Applicants must be currently authorized to work in the United States on a full-time basis.

Summary: The Model Management and Optimization (MMO) team within Risk Management’s BSA Operations Department is primarily responsible for the development and maintenance of products, models, and business intelligence used for BSA/AML and OFAC compliance. In addition to continuously improving Customer Risk Management, Transaction Monitoring, and Name Screening Programs, MMO is also responsible for management information systems and user‑developed tool functions such as ongoing model performance metrics (effectiveness), customer behavior and transaction channel monitoring, operational forecasting, key performance and risk indicator monitoring, and data integrity control monitoring.

MMO serves as the primary conduit for cross‑functional communication within BSA Operations and assists the Department within strategic planning, tactical execution, and budget/forecasting tasks. Through these responsibilities, MMO works closely with BSA/AML and OFAC Leadership Teams, Information Technology, Model Risk Management, Segment Risk, Internal Audit, product groups, and lines of business stakeholders.

The AML Product Analyst 2 role proactively engages with key stakeholders, on behalf of AML Product Analyst, to generate business objectives, refine product features, and document user stories to improve the effectiveness and efficiency of the underlying operational, modeling, and compliance programs. The AML Product Analyst 2 is a mid‑tier career path option to execute against the Department’s strategic initiatives, under minimal supervision, to expedite development and increase the overall value of AML Products.

The AML Product Analyst 2 will engage with the AML Product Analyst and AML Technology Program Leadership to document, report, and maintain a strategic roadmap of data and system enhancements.

• Serve as a working team member to document business objectives, requirements, features, and/or story cards.
• Prepare status update materials for key stakeholders, including various levels of operational managers, Product Analysts, and cross‑functional executives.
• Champion transformational change within BSA Operations’ project methodologies (agile, hybrid, or waterfall) to expedite value for the BSA/AML and OFAC Compliance Programs.
• Write user acceptance test (UAT) cases and serve as a liaison between project leads and testing organization during UAT.
• Perform research and analysis of customer, account, and/or transaction information to correct information within AML systems.
• Resolve, or when appropriate, escalate, issues to expedite decision making.
• Perform additional duties as assigned.

• High School diploma or equivalent.
• Minimum of 3 years of experience in risk management, information technology, or business analysis related work, which can be a combination of internships, coursework completed, and project team membership.
• Minimum of 1 year of experience directly supporting BSA/AML and/or OFAC Compliance Programs, or minimum of 1 year supporting Fraud, Financial Crimes, and/or Corporate Investigations Programs, or minimum of 1 year serving in a business analyst / product ownership related role.
• Minimum of 3 years of experience coordinating the delivery of product features via agile or waterfall project methodologies.

• Excellent written and verbal communication skills with demonstrated ability to communicate with users who have various technical background and senior management.
• Demonstrated success working in a fast‑paced environment and balancing work efforts across multiple projects.
• Demonstrated focus on continuous improvement with results‑driven experiences.
• Multi‑Year experience with Actimize software modules, SAS, database structures and querying tools, Tableau, BI tools, Service Now, Azure Dev Ops, Name Screening tools, and Microsoft Office Suite.
• Proven delivery of project deliverables using standard…