Senior Enhanced Due Diligence Analyst

Req ID: 74024

Location: Tulsa -TUL

Areas of Interest: Risk Management, BSA/AML

Pay Transparency Salary Range: Not Available

BOK Financial (BOKF), Headquartered in Tulsa, Oklahoma, BOK Financial Corporation (NASDAQ: BOKF) is a top 25 U.S.-based financial services holding company with operations in ten states - Oklahoma, Texas, Arkansas, Arizona, Colorado, Kansas/Missouri, New Mexico, Nebraska and Wisconsin. The company began more than 100 years ago in Tulsa and has successfully diversified into a variety of industries, businesses and geographies

Bonus Type

Discretionary

Summary

If you are looking for a job that combines a passion for innovation, an opportunity for growth, and a culture of teamwork, then you've come to the right place. We have an exciting opportunity awaiting someone like you!

Job Description

The Senior Enhanced Due Diligence Analyst is responsible for analyzing, researching customer information, assessing customer risk, and determining not only if the customer is high risk, but whether the customer's risk is heightened enough to discontinue the relationship with the bank. The CDD/EDD Analyst works with uncertainty, complex structures, international exposure, and domestic / international formation of organizations is accountable for conducting thorough analysis of customer information to identify customers that may present a higher degree of risk for money laundering schemes, or other BSA related risks identified through automated risk scoring or supplemental risk detection.

Team Culture

A career with BOK Financial will provide you opportunities and benefits that can only come from working for a trusted industry leader. Work with amazing, energetic team members and a company dedicated to your success, growth, and advancement.

How You'll Spend Your Time

• You will administer the companies enhanced due diligence regulations, bank policies and procedures, with a specific focus around higher risk customers.
• You will conduct an analysis of potential clients which are higher risk entities, then provide recommendations to management through data collection, scans, and news sources
• You will lead enhanced due diligence review projects, and conducting analysis of various systems to verify information related to higher risk customers.
• You will be responsible for executing new or changing industry requirements affecting the responsibilities within this area.
• You will work closely with account officers, relationship managers, business lines, and bank clients to obtain needed customer due diligence or enhanced due diligence information.

Education & Experience Requirements

This level of knowledge is normally acquired through an Associates' degree and 2-4 years of related work experience at a financial institution or at a government agency that regulates financial institutions. 2 years' experience in bank/brokerage operations, suspicious activity monitoring, or customer due diligence preferred.

• Knowledge of the Bank Secrecy Act, Anti-Money Laundering, OFAC, and USA Patriot Act regulations.
• Accountable for ensuring appropriate processes for Sections 312, 313, 319 and 326 of the USA PATRIOT Act (USAPA) covering Foreign Correspondent Banking, Annual Due Diligence, Foreign Correspondent Bank Certification, and Customer Identification Procedures (CIP) respectively.
• Participate to ensure the Actimize high risk customer scoring system is calibrated appropriately.
• Ability to participate in special projects, such as research and analysis of new systems or procedures.
• Participant in the resolution of issues identified by internal review, federal regulators or third-party auditors.
• Accountable for executing new or changing BSA requirements affecting the responsibilities within this area.
• Thorough knowledge of concepts, Bank standards, and best practices relating to government regulations and applicable laws.
• Excellent analytical and reasoning skills with a demonstrated ability to identify potential problems, collect data, establish facts, and draw conclusions regarding BSA / AML high risk customer due diligence monitoring and reporting.
• Investigate and research potentially high risk customer activities; effectively arriving at sound risk based conclusions.
• Demonstrated ability to interpret complex information and directions, interpret data or information in a timely manner and bring assigned tasks to completion.
• Demonstrated ability to detect patterns, trends and unusual account activity by conducting extensive research while utilizing various banks' and external sources.
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

Working Conditions & Physical Requirements

Office - 20 lbs

BOK Financial is a stable and financially strong organization that provides excellent training and development to support building the long term careers of our employees. With passion, skill and partnership you can make an impact on the success of the bank, our customers and your own career!

Apply today and take the first step towards your next career opportunity!

BOK Financial is an equal opportunity employer. We are committed to providing equal employment opportunities for training, compensation, transfer, promotion and other aspects of employment for all qualified applicants and employees without regard to sex, race, color, religion, national origin, age, disability, sexual orientation, genetic information or veteran status.

Please contact [email protected] with any questions.