Job Description

Kyc Analyst

We are looking for a meticulous and analytical KYC Analyst to join our team on a contract basis in Phoenix, Arizona. This role focuses on ensuring compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations while minimizing financial crime risks. As part of a dynamic environment, you will play a crucial role in safeguarding the organization's integrity and supporting its compliance initiatives.

Responsibilities:

• Conduct thorough KYC reviews for both new and existing clients, analyzing business and personal information to ensure adherence to compliance standards.
• Evaluate customer profiles against risk frameworks to identify and escalate high-risk accounts or activities for further investigation.
• Keep up-to-date with relevant AML and KYC regulations, including FinCEN guidelines, ensuring that all client data complies with federal and institutional standards.
• Verify and validate identification documents, proof of address, and corporate registration papers to confirm client identities.
• Monitor transactions for suspicious activities and prepare detailed Suspicious Activity Reports (SARs) when required.
• Collaborate with compliance officers and other internal teams to resolve discrepancies in KYC information and maintain regulatory compliance.
• Maintain organized records and documentation of actions taken during the KYC process to support audit trails.
• Recommend enhancements to internal processes and tools for improved efficiency and compliance.
• Investigate fraud-related incidents and assist with anti-fraud measures to protect the organization.
• Perform gap analyses to identify areas for improvement in compliance workflows.

Requirements:

• Bachelor's degree in Finance, Business Administration, or a related field, or equivalent work experience.
• At least 2-5 years of experience in KYC, AML, or compliance roles, ideally within the banking or financial sector.
• Strong knowledge of KYC and AML regulations, including familiarity with the PATRIOT Act and FinCEN standards.
• Excellent attention to detail and ability to meet strict deadlines.
• Proficient in using compliance tools, software, and the Microsoft Office Suite, especially Excel.
• Analytical mindset capable of interpreting data to assess risks effectively.
• Exceptional written and verbal communication skills.
• Certifications in KYC or AML-related fields, such as CAMS or ICA Diplomas, are preferred.

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