Compliance Product Analyst

Kforce - Tempe, AZ

Full-time

Tempe, AZ

Administrative and Support Services

About the position

Kforce has a client that is seeking a Compliance Product Analyst in Tempe, AZ. This role is part of the Financial Crimes Risk Management (FCRM) team and is focused on various initiatives related to Financial Crimes, including Fraud, Sanctions, KYC, and AML. As an Individual Contributor Subject Matter Expert (SME), the Compliance Product Analyst will work closely with cross-functional teams to ensure that business processes align with FCRM required controls and processes. The position requires a deep understanding of the FCRM systems and the ability to create detailed user stories and acceptance criteria based on domain knowledge. Key responsibilities include acting as a Business Product Owner and/or Business Analyst within the BSA, Sanctions, or Payments initiatives. The analyst will provide status reporting for project-oriented work efforts and utilize their expertise to determine system impacts. They will also conduct gap analysis, analyze requirements, and deliver various project artifacts such as user stories, acceptance criteria, and functional configuration documentation. The role involves participating in Product Increment Planning, sprint planning, and designing effective change management strategies. The Compliance Product Analyst will also be responsible for configuring and drafting Business Architecture diagrams and workflows, ensuring that all processes are well-documented and aligned with the organization's goals. This position requires flexibility to work in global time zones to support international stakeholders and project teams, as well as strong communication skills to present findings and recommendations effectively.

Responsibilities

• Act as Business Product owner and/or Business Analyst within the BSA, Sanctions or Payments initiative inside the FCRM organization
• Collaborate with cross functional team members to align on business process design as it relates to solution definition and adherence to FCRM required controls and processes
• Provide status reporting for business side of project-oriented work efforts as Financial Crimes
• Utilize detailed domain knowledge to determine FCRM system impacts and create detailed user stories and acceptance criteria
• Demonstrate prior experience in developing seamless end-to-end digital solutions across organizational boundaries
• Identify and define current 'As-Is' business processes and 'To-Be' business processes, conduct gap analysis, analyze requirements and deliver various project artifacts
• Conduct JAD sessions
• Participate in Product Increment Planning, sprint planning, and t-shirt sizing activities for assigned work area
• Design and implement effective change management strategies and plans
• Configure and draft Business Architecture diagrams & workflows

Requirements

• 8+ years of professional experience in Product owner/business analyst related to Financial Crimes, BSA and OFAC
• Advanced knowledge of Bank Secrecy Act (BSA)/Anti-money laundering (AML) disciplines to include KYC operations, Sanctions Operations, Fraud Operations, AML Operations and Compliance
• Hands on knowledge in CIP, CDD, EDD, Customer Risk Rating, SAR filing, CTR, 314a, 314b, Transactions screening, PEP/Adverse Media party screening, etc.
• Knowledge in Payments & channels
• Business Systems Analysis knowledge in Agile framework & Agile tools
• Experience in drafting backlogs, PI & sprint planning, burn down & burn up metrics, KPIs
• Hands on experience in Jira, Confluence, OFSAA KYC Engine, OFSAA ECM, Fircosoft, Bottomline, SAS AML alert engine
• Hands on experience in drafting Map & Gap analysis, Workflows & Wireframes, User Stories/Business Requirements, UAT, SQL queries, Data Mapping, Deployment plan, Business Roll Back plan, Change Management, Training
• Advanced Business Systems Analysis experience
• Experience working in Core Banking Systems, Payment Systems, Middleware and Transaction Screening Systems
• Deep understanding of Commercial Banking operations is a must
• Technical knowledge of FCRM related Systems & Tools inclusive of OFSAA, Fircosoft Accuity, Bottomline, SAS AML alert engine, LexisNexis, MS Excel, Word, PowerPoint, Visio, MS Project, Outlook, SQL, Data Warehousing, OBIEE, Reporting, SharePoint, Pivot Charts, Pivot Tables
• Flexibility to work in global time zones to support international business stakeholders and project team
• Ability to multi-task within a pressed timeframe is required
• Strong presentations and communication skills that includes verbal, written, active listening

Benefits

• 401(k)
• AD&D insurance
• Dental insurance
• Flexible spending account
• Health insurance
• Health savings account
• Paid sick time