Due Diligence Analyst 2 - BSA (Remote)

Who We Are

BankUnited (NYSE: BKU) is a national bank headquartered in Miami Lakes, Florida with banking centers in Florida, the New York metropolitan area and in Dallas, Texas. BankUnited has two subsidiaries, Pinnacle Public Finance headquartered in Scottsdale, Arizona and Bridge Funding Group headquartered in Hunt Valley, Maryland. We pride ourselves on our entrepreneurial and collaborative culture encompassing the best minds, the brightest talent and the boldest decision makers.

BankUnited is ranked #4 as one of America's Most Trusted Companies in the Banking industry and is honored to have been included on the Newsweek and Statista America's Most Trusted Companies Award List!

Our Culture

At BankUnited, we foster an inclusive environment where all employees have the opportunity to advance, grow and achieve their goals. Our rally cry is to GO FOR MORE™, a call to action to go above and beyond to provide the best customer experience to every client.

Why BankUnited

Working for BankUnited offers you exciting challenges and opportunities to advance your professional development, while empowering you to deliver and be your best. We strive to provide a competitive benefits plan to our employees and are proud to have been awarded HEALTHIEST EMPLOYER by the South Florida Business Journal for three consecutive years since 2020.

As a company, we believe we are only as successful as our people and are committed to providing training and innovative resources that prepare you to reach your full potential. That's why in addition to tuition reimbursement, we provide our employees with exciting courses and training through our own GO FOR MORE™ Academy.

If you thrive in a fast-paced collaborative work environment, Apply Now and start your journey with BankUnited today!

Job Description

SUMMARY: The primary purpose of this position is to review, assess, and validate customer records to aide in the detection of possible money laundering, terrorist financing, and fraud using risk-based approach methods while ensuring compliance with the Bank's established BSA/AML program.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties and special projects may be assigned.

• Review KYC for completeness and accuracy as part of customer validation in order to assess and document the risks associated with that customer.
• Identify and address items through day-to-day assignments to ensure the Bank's KYC and CIP standards have been met.
• Ensure ongoing due diligence efforts and KYC are maintained while identifying substantive changes to customer profiles.
• Perform AML Screening/CDD/EDD reviews on prospects and new/existing customers in accordance with the Bank's policies and procedures.
• Review and resolve EDD Verifier alerts; escalate findings to Manager when appropriate.
• Perform searches utilizing Internet sources and/or third-party vendors (i.e. Google, LexisNexis and/or World Compliance) to determine negative news and obtain due diligence information for prospects and new/existing customers.
• Respond to daily inquiries from peers, front-line and management regarding KYC/CIP and due diligence matters, when appropriate.
• Communicate effectively with peers, front-line and management when requesting information or documentation and addressing concerns or findings.
• Adhere to all designated time frames, manage workflow to the specified deadlines and complete responsibilities in a satisfactory manner.
• Thoroughly document findings by preparing reports in a manner that is clear and comprehensible to BSA supervisors/managers, internal auditors and regulatory examiners.
• Report and escalate all concerns or negative findings clearly and objectively to Manager.
• Interact with bank examiners, internal auditors, and compliance personnel during BSA and AML related audits, if necessary.
• Complete all job-related training in a timely manner and attend seminars or continuing education, as directed.
• Participate in team meetings.
• Perform any other assignments as directed by Manager.
• Ensure all customer records are properly completed and communicate deficiencies to appropriate party and/or Manager.
• Exercise discretion in setting priorities, identify customer records that require further review and take action to obtain and follow-up on attaining the information and/or documentation requested.
• Report positive EDD Verifier PEP matches and negative news findings to Manager.
• Actively assist the Manager in special projects that are both system related or involve special investigations or reviews.

EDUCATION

College degree preferred

EXPERIENCE

• Minimum 5-7 years banking experience, with emphasis on BSA Compliance and due diligence in accordance with KYC, CIP, AML/BSA guidelinesrequired

CERTIFICATES, LICENSES, REGISTRATIONS

• Certified Anti-Money Laundering Specialist (CAMS) preferred
• Anti-Money Laundering Certified Associate (AMLCA) preferred