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Enhanced Due Diligence Analyst in Memphis, TN at First Tennessee Bank

Date Posted: 4/11/2019

Job Snapshot

  • Employee Type:
  • Location:
    Memphis, TN
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
  • Job ID:

Job Description

Position Overview
Identify customers which may pose a higher risk to the bank and make the determination as to whether or not it is an acceptable risk in order to retain the customer.

Duties and Responsibilities
• Performs various duties associated with BSA Compliance specifically relating to the identification of money laundering & terrorist financing risks. Daily duties include identifying risk using risk scoring processes and collecting information in order to analyze the risk associated with a specific customer.
• Follow the documented management escalation procedures when risks identified may pose issues/concerns for the bank.
• Perform BSA compliance research as necessary to support business line management.
• Assist in other activities and duties as required to develop, implement, monitor, and control aspects of BSA compliance at the company.
Requirements Education and/or Work Experience Requirements
• High school diploma or GED
• One (1) year experience in branch management, platform, BSA/AML, fraud, loss prevention, or corporate security + Bachelor's degree may substitute experience
• Experience with case management systems, databases and similar automation

Preferable Education and/or Work Experience Requirements
• Bachelor's degree (strongly preferred)
• Previous BSA/AML experience, preferably in EDD or KYC/CDD

• Basic understanding of the Bank Secrecy Act and the functions and procedures involved for compliance with the Regulation.
• Excellent research, written and oral communication skills and the ability to analyze information.
• Ability to read and interpret legal documents and government regulations and work well under pressure and meet regulatory reporting deadlines.
• Ability to work independently and with minimal direct supervision.
• Good organizational and customer service skills.
• Proficient with applicable computer software.
• Work experience in banking and/or Compliance preferred.

  • All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, gender stereo typing, and age. First Tennessee is an EO employer – M/F/Vets/Disabled.
  • Please view Equal Employment Opportunity Posters provided by OFCCP