KYC Enhanced Due Diligence Specialist

1 week ago


Pompano Beach, Florida, United States Home Bancshares, Inc. Full time
Job Title: KYC Enhanced Due Diligence Specialist

Join Home Bancshares, Inc. as a KYC Enhanced Due Diligence Specialist and contribute to the success of our Customer Risk & Due Diligence Unit. As a key member of our team, you will be responsible for ongoing review and risk mitigation of customers classified by policy as higher risk of exposure to ML/TF.

Key Responsibilities:
  • Maintain continuous awareness of policy/procedure updates resulting from changing regulatory requirements and adhere to the Code of Ethics and all BSA/AML information security and confidentiality requirements.
  • Perform customer research and transaction analysis for new and existing customers found to pose a higher risk of exposure to ML/TF based on the bank customer risk rating model.
  • Provide input into the risk model feedback loop to ensure customers have scored accurately without compromising the integrity of the model based on customer risk review outcomes.
  • Evaluate system-generated Alerts associated with customers granted custom monitoring profiles when activity exceeds expected.
  • Submit referrals to the Alert Investigation Team where appropriate or recommend monitoring profile adjustment to Investigation and EDD Management.
  • Support KYC EDD Team participation in BETA opportunities presented within the risk rating system for customer risk agents.
  • Complete required BSA/AML training and other compliance training as assigned.
Requirements:
  • Broad knowledge of fields such as accounting, marketing, business administration, finance, etc.
  • Equivalent to a four-year college degree, plus 3 years related experience and/or training, or equivalent combination of education and experience.
  • Ability to read and understand documents such as policy manuals, safety rules, operating and maintenance instructions, and procedure manuals.
  • Ability to write routine reports and correspondence.
  • Ability to effectively communicate information and respond to questions in person-to-person and small group situations with customers, clients, general public, and other employees of the organization.
Preferred Qualifications:
  • Certified Know Your Customer Associate (CKYCA), Certified Anti-Money Laundering Specialist (CAMS), or other related certification.
  • Three (3) years of related experience and/or training.
  • Two (2) years of qualifying experience must have been continuous, recent, and within a financial institution.
  • Bachelor's degree focus desirable for position: Criminal Justice, Banking Compliance/AML Specialized, Political Science, Mathematics, or Economics.


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