Jr Compliance Analyst FIU

Description

Ria Money Transfer, a business segment of Euronet Worldwide, Inc. (NASDAQ : EEFT), delivers innovative financial services including fast, secure, and affordable global money transfers to millions of customers along with currency exchange, mobile top-up, bill payment and check cashing services, offering a reliable omnichannel experience.  With over 600,000 locations in nearly 200 countries and territories, our purpose remains to open ways for a better everyday life.

We believe we can create a world in which people are empowered to build the life they dream of, no matter who they are or where they are. One customer, one family, one community at a time.

ABOUT THIS ROLE

This position provides support to the Americas Compliance Department within the Financial Intelligence Unit (FIU).  The Compliance Jr Analyst is responsible for due diligence reviews of Agents; the analyst will take proactive measures to assist in minimizing risks associated with regulatory and reputational risk. Primary job is to review system alerts, conduct agent, country, corridor, and correspondent investigations as well as preparing unusual activity reports. Assist in Real Time filters and conduct customer interviews.

ROLES & RESPONSIBILITIES

• Perform investigations of possible suspicious activity which include analyzing sets of transaction data, interviewing individuals involved in the activity, and concluding the investigation with documentation to support your results.
• Research and analyze transaction data to evaluate required KYC / AML information clients.
• Validate the customer or Agent’s transaction purpose and legitimacy and analyze any transactions that appear unusual based on the customer's activity.
• Communicate clear and appropriate action to Management regarding action to be taken on an Agent or customer based on the results of the Financial Investigation.
• Perform investigations of possible suspicious activity at country level, creating a country profile and a presentation, providing recommendations to mitigate the risk.
• Perform investigations of possible suspicious activity at correspondent level, providing recommendations to mitigate the risk.
• Perform analysis for strategic accounts, such as Walmart and Kroger.
• Provide detailed documentation in the form of a narrative outlining the due diligence performed and suspicious activity detected.
• Escalate issues to Supervisors as appropriate and provided recommendations for remediation and the next steps regarding cases worked.
• Frequently interact with customers and agents to obtain the required information associated with an investigation. This interaction may include the review of transactions placed in real-time as a part of an ongoing Financial Investigation.
• Responsible for maintaining organization of all records associated with investigations, ready for review by auditors and regulators.
• Provide overall support as needed to Management and direct Supervisors.
• Perform other duties as assigned or requested.

POSITION REQUIREMENTS

BENEFITS

Actual compensation is based upon factors such as the candidate’s skills, qualifications, and experience.  In addition, Ria Money Transfer offers a wide range of best in class, comprehensive and inclusive employee benefits for this role.

Ria Money Transfer is an equal opportunity employer.  We celebrate diversity and are committed to creating an inclusive environment for all employees.

Check out our website to learn more about the company at : http : / / www.riamoneytransfer.com /

The position responsibilities outlined above are intended to define the general contents and requirements to perform this job. It is not to be taken as a complete statement of responsibilities or requirements. This job description does not restrict the Company’s right to assign or reassign duties and responsibilities to this job as needed.