Financial Intelligence Unit - Business Analyst in Buffalo, NY at Key Bank- Corporate

Date Posted: 11/7/2019

Job Snapshot

  • Employee Type:
  • Location:
    239 Van Rensselaer Street
    Buffalo, NY
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:

Job Description

Job Brief:

Performs customer due diligence (CDD) reviews of potential high risk clients in accordance with applicable policies and procedures to confirm and/or update the client’s risk rating and to determine whether client’s behavior is consistent with Key’s understanding of expected behavior. Reviews may include, but are not limited to, client interviews, collection of appropriate documents, conducting background searches using internal and external source systems and performing transaction reviews. Interact with LOB partners as needed to obtain and update client information and documentation. Ensure review is fully documented in the Due Diligence Workflow (DDW).

Essential Job Function:

Conducts CDD reviews on clients in accordance with Key Bank policies and AML Client Operations procedures
Documents the results of CDD reviews in accordance with Key Bank policies and AML Client Operations procedures
Ensures required CDD documentation has been obtained and is properly maintained in case files
Works with the Lines of Business (LOB) to obtain documentation or to further clarify and document risk associated with a client or banking relationship
Researches and validates information utilizing internal bank operation systems including Hogan, KeyView, View Direct, etc and various external systems
Develops good rapport and communication with all LOB partners
Updates the risk of the client based on the results of an CDD and in accordance with established procedures
Refers matters to the AMLU if information developed during the course of an CDD appears suspicious
Works with LOB management and relationship manager(s) to resolve matters where the CDD and supporting documentation does not adequately describe risk associated with a client
Responds to internal client requests
Reports any gaps identified during the review of compliance documents and processes
Miscellaneous duties as assigned

Required Qualifications:

Bachelors’ degree in business administration, criminal justice, or other related field or equivalent
Knowledge of anti-money laundering laws, regulations, and guidance (BSA, KYC, etc.)
1+ years of experience in bank operations, investigations, audit or research as well as a general business background
2+years of experience in analyzing data
Ability to navigate KeyBank systems
Personal effectiveness/accuracy
Detail oriented
Ability to work independently and manage complex tasks.
Strong understanding of KeyCorp organization and the significant front-end application systems
Excellent written and verbal communication skills
Strong organizational, technical and functional skills
Strong problem solving, decision making and analytical skills
Effectively provide and receive feedback
Ability to creatively solve problems and be resourceful
Knowledge of bank systems and Enhanced Due Diligence processes
Understanding of bank processes and multiple LOB procedures
Ability to interact with complex clients
Knowledge of Microsoft Office products (i.e. Excel, Word, Access, SQL)


KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.


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