KYC Analyst Job at Cathay Bank
People Drive Our Success
Are you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank – we strive to provide a caring culture that supports your aspirations and success. We believe people are our most valuable asset and we proudly foster growth and development empowering you to achieve your professional goals. We have thrived for 60 years and persevered through many economic cycles due to our team members’ drive and optimism. Together we can make a difference in the financial future of our communities.
Apply today!
What our team members are saying:
Video Clip 1
Video Clip 2
Video Clip 3
Learn more about us at cathaybank.com
GENERAL SUMMARY
The Know Your Customer Analyst is responsible for performing back-office support in relation to the client’s Customer Identification Program/Anti-Money Laundering (AML) Customer Due Diligence Program, such as, but not limited to, initial Customer Due Diligence (CDD) screening, collection of missing/required documentation and to ensure the accuracy of data (NAICS, BSA Risk Codes, etc.) for both deposit and lending customers. This function will be for Quality Control purposes for “day after” review once boarded to the Bank’s core system. Business line will be informed of any possible discrepancies.
The Know Your Customer Analyst will also perform research on new customers consisting of OFAC and negative news screening (Bridger Insight) and identification of associated businesses when applicable (Lexis Nexis, Secretary of State research and other web research, etc.). Business Units will be notified when a customer poses great risk to the bank.
ESSENTIAL FUNCTIONS
1. Maintains a current knowledge of the Bank Secrecy Act and related anti-money laundering and OFAC regulations.
2. Verifies system onboarding completion, including but not limited to, occupation/type of business, mailing address, expected account activity (countries, currency, etc.), supplier/vendor, beneficial ownership, and NAICS/risk code segment.
3. Conducts non-documentary validation such as google search string for money laundering/fraud/corruption, verifying business status, Lexis Nexis, etc.
4. Inform business unit of any discrepancies.
5. Other responsibilities assigned by the BSA Officer or designee.
6. Regular overtime is required, this includes occasional weekend days.
QUALIFICATIONS
Education: Bachelor’s Degree in related fields of business or finance, preferred.
Experience:
$24.00 - $31.25 / hour
Pay determined based on job-related knowledge, skills, experience, and location.
Cathay Bank offers its full-time employees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).
Cathay Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our Privacy Policy.
Cathay Bank is an Equal Opportunity and Affirmative Action Employer. We believe in diversity, equity, and inclusion in the workplace. We welcome applications for employment from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex (including pregnancy and related medical conditions, childbirth and breastfeeding), reproductive health decision-making, sexual orientation, gender identity and expression, genetic information or characteristics, disability or medical condition, military status or status as a protected veteran, or any other status protected by applicable law.
Click here to view the EEO is the Law poster in English. Poster- English
Click here to view the EEO is the Law supplement in English.Supplement- English
Clic aquí para ver la EEO es la Ley póster en español. Poster- Spanish
Clic aquí para ver la EEO es la Ley suplemento en español.Supplement- Spanish
点击这里查看EEO是法律海报的中文Poster- Chinese
点击这里查看EEO是法律和补充條例的中文"Supplement- Chinese
Cathay Bank endeavors to make www.CathayBank.com accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact, Mickey Hsu, FVP, Employee Relations Manager, at (626) 582-7370 or mickey.hsu@cathaybank.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.
Please Note :
www.bankofmontserrat.ms is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, www.bankofmontserrat.ms provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.
Are you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank – we strive to provide a caring culture that supports your aspirations and success. We believe people are our most valuable asset and we proudly foster growth and development empowering you to achieve your professional goals. We have thrived for 60 years and persevered through many economic cycles due to our team members’ drive and optimism. Together we can make a difference in the financial future of our communities.
Apply today!
What our team members are saying:
Video Clip 1
Video Clip 2
Video Clip 3
Learn more about us at cathaybank.com
GENERAL SUMMARY
The Know Your Customer Analyst is responsible for performing back-office support in relation to the client’s Customer Identification Program/Anti-Money Laundering (AML) Customer Due Diligence Program, such as, but not limited to, initial Customer Due Diligence (CDD) screening, collection of missing/required documentation and to ensure the accuracy of data (NAICS, BSA Risk Codes, etc.) for both deposit and lending customers. This function will be for Quality Control purposes for “day after” review once boarded to the Bank’s core system. Business line will be informed of any possible discrepancies.
The Know Your Customer Analyst will also perform research on new customers consisting of OFAC and negative news screening (Bridger Insight) and identification of associated businesses when applicable (Lexis Nexis, Secretary of State research and other web research, etc.). Business Units will be notified when a customer poses great risk to the bank.
ESSENTIAL FUNCTIONS
1. Maintains a current knowledge of the Bank Secrecy Act and related anti-money laundering and OFAC regulations.
2. Verifies system onboarding completion, including but not limited to, occupation/type of business, mailing address, expected account activity (countries, currency, etc.), supplier/vendor, beneficial ownership, and NAICS/risk code segment.
3. Conducts non-documentary validation such as google search string for money laundering/fraud/corruption, verifying business status, Lexis Nexis, etc.
4. Inform business unit of any discrepancies.
5. Other responsibilities assigned by the BSA Officer or designee.
6. Regular overtime is required, this includes occasional weekend days.
QUALIFICATIONS
Education: Bachelor’s Degree in related fields of business or finance, preferred.
Experience:
- 3 or more years of investigative or related experience with specific emphasis on BSA/AML, SDD/KYC and OFAC.
- Familiarity with U.S. BSA/AML Laws/Regulations required.
- Strong understanding of Financial Institutions business and relevant products/services.
- Strong analytical and problem resolution skills.
- Excellent communication skills, both written and verbal.
- Ability to work well independently and with others.
- Ability to multi-task prioritize deliverables in a timely and effective manner.
- Flexibility to adapt to changing priorities to meet business needs.
- Proficient in the Microsoft suite of products and Internet-based research.
$24.00 - $31.25 / hour
Pay determined based on job-related knowledge, skills, experience, and location.
Cathay Bank offers its full-time employees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).
Cathay Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our Privacy Policy.
Cathay Bank is an Equal Opportunity and Affirmative Action Employer. We believe in diversity, equity, and inclusion in the workplace. We welcome applications for employment from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex (including pregnancy and related medical conditions, childbirth and breastfeeding), reproductive health decision-making, sexual orientation, gender identity and expression, genetic information or characteristics, disability or medical condition, military status or status as a protected veteran, or any other status protected by applicable law.
Click here to view the EEO is the Law poster in English. Poster- English
Click here to view the EEO is the Law supplement in English.Supplement- English
Clic aquí para ver la EEO es la Ley póster en español. Poster- Spanish
Clic aquí para ver la EEO es la Ley suplemento en español.Supplement- Spanish
点击这里查看EEO是法律海报的中文Poster- Chinese
点击这里查看EEO是法律和补充條例的中文"Supplement- Chinese
Cathay Bank endeavors to make www.CathayBank.com accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact, Mickey Hsu, FVP, Employee Relations Manager, at (626) 582-7370 or mickey.hsu@cathaybank.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.
Please Note :
www.bankofmontserrat.ms is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, www.bankofmontserrat.ms provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.