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KPF/RISK & AML ANALYST I

AT Kroger
Kroger

KPF/RISK & AML ANALYST I

Cincinnati, OH

JOB DESCRIPTION

Work with the KPF Risk & AML Compliance team to monitor transaction data and AML reporting to comply with Bank Secrecy Act Regulations, identify process, AML compliance, and fraud risks in company processes to sell financial products, and track the risk and control effectiveness. Coordinate responses to third party AML, BSA, MSB, or audit and licensing exam inquires and ensuring regulatory reporting is filed to maintain active licensing. Collaborate with KPF, Friendly & Experience, and Asset Protection business partners on KPF product fraud and AML compliance when required. Provide leadership to implement programs that support Restock Kroger. Demonstrate the company's core values of respect, honesty, integrity, diversity, inclusion and safety.

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RESPONSIBILITIES

- Conduct investigations using all available systems to research suspicious activity and fraud. Liaise with Asset Protection and other applicable Fraud Investigation Units when appropriate on fraud and other financial crime cases
- Complete AML monitoring tasks as defined by the Kroger Anti-Money Laundering Policy, including review of AML forms, transaction monitoring and investigations, and filing of Forms 8300, SAR, and CTR with FinCEN for the assigned divisions and/or products
- Conduct periodic risk-based compliance reviews of store locations to validate compliance with the Kroger Anti-Money Laundering Policy. Document results of reviews and coordinate with others to document and track remediation plans
- Maintain oversight of OFAC monitoring process for new check cashing enrollments and ensure data received from the third-party check authorizer is provided accurately and timely
- Manage and maintain Risk & AML Compliance content on department SharePoint sites used to communicated to Division Compliance Officers
- Identify and implement process automation or tools to make current manual processes repeatable for the Risk & AML Compliance Department
- Assist Manager in developing, implementing, and maintaining on-boarding and training materials for use by KPF Risk & AML Analysts
- Assist Manager in performing and maintaining independent quality control reviews of all filings with FinCEN and the IRS
- Partner with KPF business owners, KCRC, Asset Protection and Friendly & Experience department to identify and document fraud and AML risks, develop and support controls to mitigate fraud and AML risks, and establish compliance oversight for manual controls
- Travel up to 25% to meet with internal clients
- Must be able to perform the essential job functions of this position with or without reasonable accommodation

QUALIFICATIONS

Minimum
- Any sound knowledge of Bank Secrecy Act financial regulations as they relate to money service businesses
- Any experience in using data analysis to drive process change
- Any experience in audit of risk/compliance or accounting policies
- 2+ years fraud prevention, risk management, accounting, finance, audit, or AML Compliance
- Proficient in Microsoft Office
- Excellent oral/written communication skills

Desired
- Bachelor's Degree business, accounting, finance, risk management, or equivalent experience
- Certified Anti-Money Laundering Specialist
- Certified Fraud Examiner

Client-provided location(s): Cincinnati, OH, USA
Job ID: kroger-100794
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Mental Health Benefits
  • Financial and Retirement

    • 401(K)
    • Pension
    • Financial Counseling
  • Professional Development

    • Leadership Training Program
    • Tuition Reimbursement
    • Promote From Within
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program

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