Compliance Analyst

The Compliance Analyst ensures the business operates in accordance with all legal and regulatory requirements and all group standards relating to know your customer (KYC), anti-money laundering, counter financing of terrorism (AML), and fraud prevention.

About The Position:

The Compliance Analyst ensures the business operates in accordance with all legal and regulatory requirements and all group standards relating to know your customer (KYC), anti-money laundering, counter financing of terrorism (AML), and fraud prevention.  This position is responsible for advanced investigations that detect and report suspicious activity to government authorities and enable Ceridian to form sound judgements concerning reputational and other risks while meeting expectations of regulators and other compliance stakeholders.  Additionally, this role will assist in providing recommendations to aid in decision making on complex and sensitive issues.

About the opportunity:

• Review data related to customer verification processes, analyzing customer data, and ensuring all necessary documentation is collected and reviewed.
• Participate in conducting risk assessments and collaborate closely with other departments, such as sales and customer service, to implement effective KYC strategies.
• Reviews and analyzes potential and existing client and vendor base for suspicious activity, including those generated from alert detection processes, subpoenas and warrants, negative media reports, as wells as other sources to include (but not limited to):
  • Identifying, researching, and reporting suspicious activity
  • Managing the investigative process from initial detection to disposition
  • Thoroughly and timely reviewing reports and other investigative leads that potentially identify suspicious activity
  • Formulating and recommending responses to potentially suspicious findings, reporting such activity to the appropriate regulatory authorities, and supporting Ceridian’s forward-looking risk-mitigation response
• Performs BSA/AML checks and risk screening as well as Global Sanctions Screening for the company
• Assesses business ownership infrastructure and identifies risks, documents findings, and ensures that senior management is apprised of key issues, risks, and the appropriate monitoring to mitigate risk.
• Supports managers, supervisors, and senior analysts in conducting moderately complex AML/Fraud investigations
• Works with team members to determine whether to close cases, escalate findings and/or file a Suspicious Activity Report with the various global regulatory, law enforcement or, Financial Intelligence Unites globally.
• Writes and files SARs & STRs and recommends relationship retention or termination.
• Liaise with various Compliance, Advisory, or Business teams, Legal, Security and Law Enforcement, or other internal departments as necessary.
• Performs other duties as assigned.
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 Reporting Relationships

• Position Reports to:  Assoc Manager Compliance                   

 Skills and experience we value

• 3 – 5 years relevant work experience in a compliance environment
• ICA or CAMS Certification

• Bachelor’s degree in finance, business management, or similar field