Financial Crimes Analyst

About This Role

This role involves assisting in managing Optum Bank's transaction monitoring program to ensure compliance with BSA/AML regulations and internal risk appetite. The analyst will enhance the program, detect suspicious activity, and support broader financial crimes risk management initiatives.

Responsibilities

• Assist with implementing and managing the Bank's enterprise-wide transaction monitoring program, including alert generation, review, escalation, and resolution processes
• Oversee system configuration, rules tuning, and threshold management to ensure the program effectively detects suspicious activity
• Perform quality control and assurance reviews of alert investigations and SAR filings to ensure regulatory accuracy and timeliness
• Collaborate with IT, Operations, and third-party vendors to manage transaction monitoring system integrations and enhancements
• Lead efforts to identify and assess emerging typologies, updating monitoring parameters accordingly
• Provide guidance and training to junior analysts and operations staff on transaction monitoring and suspicious activity detection
• Prepare and present metrics, dashboards, and trend reports to senior management and the Board on program effectiveness
• Support internal audits, regulatory examinations, and third-party reviews by providing documentation, data, and subject matter expertise
• Maintain strong knowledge of BSA/AML, USA PATRIOT Act, OFAC, and FinCEN guidance related to monitoring and reporting obligations
• Assist with broader financial crimes risk management initiatives, including customer risk scoring, EDD reviews, and model validation

Requirements

• High School Diploma/GED (or higher)
• 4+ years of experience working in a bank or other financial institution with duties focused on anti-fraud, anti-money laundering and countering the financing of terrorism
• 4+ years of functional experience with implementing a bank-wide transaction monitoring program
• Ability to travel occasionally (1-2 times per year)

Qualifications

• High School Diploma/GED (or higher)
• 4+ years of experience working in a bank or other financial institution with duties focused on anti-fraud, anti-money laundering and countering the financing of terrorism and 4+ years of functional experience with implementing a bank-wide transaction monitoring program

Nice to Have

• Advanced degree or relevant professional banking certifications (CAFP, CAMS, CRCM, etc.)
• Prior regulatory experience or experience in managing regulatory examinations

Benefits