Senior KYC Financial Intel Analyst

Overview

To perform complex research and analysis of Navy Federal account activity to identify red flags and suspicious activity in personal and business accounts, with a strong focus on Know Your Customer (KYC), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) requirements. Conduct thorough due diligence reviews on new and existing members by assessing risk factors such as member profile, transaction behavior, business type, source of funds, and geographic risk exposure to ensure proper risk mitigation measures are in place. Perform in-depth risk reviews and document EDD, including activity trend analysis, while collaborating closely with Transaction Monitoring, EDD, Fraud, and First Line of Defense (FLOD) teams to support the overall financial crime compliance framework. Maintain knowledge of BSA/AML history, regulations, FinCEN guidelines, and industry guidance, ensuring adherence to Navy Federal's internal risk policies. Support Business Unit staff in complying with established BSA/AML and KYC/CDD/EDD policies and procedures. Maintain familiarity with typical legal business structures and normal activity by business industry to detect potential financial crime risks. Work is under moderate supervision. Support day-to-day Office of Foreign Assets Control (OFAC) operations, compliance analyses, and projects across the enterprise in compliance with Navy Federal's BSA/AML & OFAC Compliance Program. Respond to ad-hoc OFAC-related queries and provide subject matter expertise to partner business units when applicable. Maintain knowledge of OFAC history, regulations, and industry guidance. Work is under moderate supervision.

• Investigate various types of transactions, activities, and cases (e.g., Anti-Money Laundering, Structuring), including reported or alleged loss of assets from various business channels, while performing comprehensive KYC and Customer Due Diligence (CDD) reviews to confirm Customer Identification Program (CIP) requirements for new and existing members.
• Assist junior-level staff with the review and analysis of cases, including preparing and creating Suspicious Activity Reports (SARs) as required, while analyzing documentary and non-documentary verification methods such as identification documents, proof of address, source of funds, and beneficial ownership structures.
• Collect evidence and related documentation via available systems and methods, ensuring the chain of evidence/documentation is maintained per federal and state laws, regulations, and Navy Federal's policies and procedures. Utilize third-party tools and open-source intelligence (OSINT) research (e.g., Google, LexisNexis) to identify negative news and gather due diligence information.
• Monitor timelines from the identification or notification of BSA/AML activity to closure, ensuring service level agreements and regulatory requirements are met.
• Create detailed reports of investigations, including actions taken and results, ensuring SARs are completed when appropriate, while assessing overall customer risk by reviewing account relationships, business ownership structures, transactional behavior, and industry risk exposure.
• Partner within AML functions to support high-level investigations requiring SAR submission and documentation, collaborating with Transaction Monitoring and EDD teams to provide insights into suspicious transactional behavior.
• Research public record databases to identify, analyze, and verify information related to primary investigations, discrepancies associated with information provided, and assess potential risks, including identifying red flags related to financial crimes such as money laundering, terrorist financing, human trafficking, and fraud.
• Compile, prepare, and maintain data for analysis and reference, detecting money-laundering trends and recommending preventive measures to business units and management.
• Collaborate with other business units, including FLOD, Legal, and BSA Operations, to gain an understanding of transactions, processes, and procedures, and ensure that risk mitigation strategies are effectively implemented.
• Support day-to-day Office of Foreign Assets Control (OFAC) operations, including completing scans of members and other parties as required by Navy Federal's risk-based policies, and perform ad-hoc analyses and scanning against OFAC or other lists when necessary.
• Review and analyze recommendations by junior-level staff, elevating concerns to management regarding the rejection or blocking of funds.
• Support projects related to sanctions evasion, money laundering detection and prevention, or root cause analysis, and assist in the development and refinement of KYC policies and procedures to meet evolving regulatory expectations.
• Recommend enhancements to BSA/AML and OFAC rules and models to strengthen Navy Federal's compliance framework.
• Complete required training as directed by policy and supervision, identify training opportunities, and assist in the development of junior-level staff.
• Maintain required documentation for NCUA, Internal Audit, and government law enforcement agencies, ensuring compliance with federal and state laws, rules, regulations, and Navy Federal policies and procedures.
• Prepare and submit detailed member profile reports in compliance with regulatory guidelines and internal policies.
• Perform other duties as assigned.

• Expert knowledge of applicable federal and state laws, rules and regulations (e.g., Bank Secrecy Act, USA Patriot Act, and OFAC regulations)
• Experience in leading, guiding and mentoring others
• Expert knowledge of fraud and/or money-laundering trends and threats
• Significant experience to applying various analytical techniques used in determining and resolving fraud and identity theft in transactions and membership applications
• Extensive experience in working with all levels of staff, management, stakeholders, vendors
• Ability to maintain confidentiality and demonstrate integrity
• Effective skill in results-oriented leadership in a challenging environment
• Expert skill managing multiple priorities independently and/or in a team environment to achieve goals
• Expert skill assimilating information, analyzing facts, and developing logical conclusions
• Expert skill exercising initiative and using good judgment to make sound decisions
• Expert organizational, planning and time management skills
• Expert investigative, research, analytical, and problem-solving skills
• Expert skill following, interpreting, and applying relevant data/instructions to guidelines, procedures, practices, and regulations
• Expert active listening skills to accurately respond to inquiries and account requests
• Expert skill building relationships through rapport, trust, diplomacy, and tact
• Expert skill to influence, negotiate, and persuade to reach agreeable exchange and positive outcomes
• Expert verbal and written communications skills
• Expert word processing, spreadsheet, and presentation software skills
• Bachelor's degree in Business Administration, Criminal Justice, Finance, or related field, or the equivalent combination of education, training, and experience

• Familiarity with Navy Federal products, services, programs, policies, and procedures
• Experience in the field of anti-money laundering and/or risk management
• Fraud or AML Certifications: Certified Fraud Examiner, Certified Anti Money Laundering Specialist, etc.
• Bachelor's degree in Business Administration, Criminal Justice, Finance, or related field