BSA​/AML Risk Analyst II

About the Role

The BSA/AML Risk Analyst II supports Pathward’s second line of defense for the BSA/AML/CFT and OFAC compliance programs. This role performs oversight and advisory activities to help ensure program elements are administered in accordance with approved policy, applicable laws and regulations, and sound industry practices. The analyst identifies compliance risks and improvement opportunities, partners with cross‑functional stakeholders to develop practical solutions, and provides consultative support to business lines and third parties.

• Conduct compliance oversight reviews of business lines and third parties to assess adherence to applicable laws, regulations, and company policy. Evaluate the adequacy of internal controls and support remediation efforts as needed. Prepare procedures, work papers, reports, and other supporting documentation.
• Serve as a subject matter resource to help ensure documents, projects, processes, and product initiatives align with regulatory requirements and company standards.
• Contribute to the development and maintenance of line‑of‑business guidance and standards related to AML compliance.
• Partner with business lines and third parties to implement AML initiatives and provide support through training, process documentation, and ongoing consultation.
• Provide advisory support to the first line of defense by answering questions, offering technical guidance, and assisting with issue identification and resolution.
• Support risk and compliance assessments of new or changing products, services, processes, and procedures to help ensure BSA and OFAC requirements are considered and addressed.
• Assist with implementing and improving procedures, tools, and controls in coordination with team members and stakeholders.
• Monitor and help validate compliance with third‑party contractual obligations related to service delivery, as applicable.
• Maintain knowledge of relevant financial services products, emerging risks, and the AML regulatory environment.
• Review proposed and existing laws, regulations, and guidance to evaluate potential business impact and communicate key considerations to stakeholders.
• Perform other duties or special projects as assigned.

• Bachelor's degree or equivalent education and work experience.
• Working knowledge of BSA/AML/CFT and OFAC requirements, with 2–4 years of related compliance, risk, audit, or financial‑crime experience.
• Familiarity with banking products and services (e.g., payments, e‑commerce, fintech partnerships, and/or trade finance).
• Strong analytical, research, problem‑solving, and decision‑making skills.
• Flexible and creative thinker who can learn independently and function in a fast‑paced environment.
• Skilled at organizing priorities, managing multiple complex projects at one time, and meeting deadlines.
• Ability to effectively communicate with individuals at all levels through verbal or written means.
• Proficiency with Microsoft Office tools (Excel, Word, PowerPoint); ability to learn additional systems as needed.

• Experience in a second line of defense (compliance/risk management) function within a bank, fintech, or payments environment.
• Exposure to third‑party risk management, vendor oversight, or partner program monitoring.
• Relevant certification (e.g., CAMS) or progress toward certification.

In this role, you’ll work with business partners across the organization to help identify, assess, and reduce financial‑crime compliance risk. You’ll contribute to meaningful improvements in controls and processes while building your expertise in AML oversight.

Salary range: $50,000 – $84,000. The salary range reflects the minimum and maximum target for a new hire in this role. Individual pay within the range will be determined by multiple factors including experience, qualifications, skills, and location. This role is also eligible for an annual performance‑based incentive opportunity.

Pathward offers a comprehensive benefits package for eligible employees, including health insurance, 401(k) retirement benefits, life insurance, disability benefits, paid time off, and more.

Pathward is an equal employment opportunity employer and considers applicants for roles without regard to race, sex, national origin, ethnicity, age, disability, or any other category protected by law. We provide equal employment opportunities to all employees and applicants for employment without regard to race, color, ethnicity, religion, sex, sexual orientation, gender identity, transgender status, pregnancy, national origin, age (age 40 and over), disability, genetic information, marital status, hair texture or hairstyle, ancestry, service in the uniformed services, protected veteran status, status as a victim of domestic violence or any other class protected by federal, state and local laws.