Analyst, BSA/ AML Operations

1 month ago
Full-time
Junior
Operations
Pathward

Pathward

Pathward is a federally registered financial institution that enhances financial inclusion by offering a robust banking infrastructure and a variety of financial solutions to support businesses in accessing the necessary funds for growth.

Diversified Financial Services
251-1K
Founded 1954

Description

  • Investigate alerts and cases from transaction monitoring systems related to merchant acquiring activity.
  • Analyze merchant-level transaction data to identify anomalies, red flags, and suspicious behavior.
  • Identify and investigate merchant acquiring typologies such as transaction laundering, merchant misclassification, prohibited merchant activity, chargeback misrepresentation, and velocity-based fraud.
  • Prepare and file SARs with clear, well-structured narratives that include merchant-specific facts and typology indicators.
  • File CTRs accurately and on time in accordance with regulatory standards.
  • Review and investigate partner referrals and escalations involving sponsored merchants, sub-merchants, and payment facilitators.
  • Document investigative findings accurately in Actimize case management systems.
  • Meet defined SLAs, productivity expectations, and quality standards for the merchant acquiring workstream.
  • Escalate high-risk or complex matters to management, including MATCH list issues, network monitoring flags, suspected terrorist financing, and undisclosed sub-program activity.
  • Maintain current knowledge of BSA/AML and OFAC regulations, FinCEN guidance, card network rules, and evolving fraud and money laundering typologies.
  • Collaborate with BSA/AML peers, Fraud Operations, and partner oversight teams to ensure comprehensive risk coverage.

Requirements

  • Bachelor’s degree required in Finance, Criminal Justice, Accounting, Business, or a related field.
  • 1–3 years of experience in BSA/AML investigations, transaction monitoring, fraud operations, or financial crimes compliance.
  • Merchant acquiring or payments experience strongly preferred.
  • CAMS or equivalent AML certification strongly preferred.
  • Advanced certifications such as CFE are a plus.
  • Knowledge of merchant acquiring risks including transaction laundering, MCC misclassification, chargeback fraud, and prohibited merchant categories.
  • Familiarity with Actimize, FCRM, or similar transaction monitoring and case management platforms.
  • Working knowledge of BSA/AML regulations, SAR/CTR filing requirements, and FinCEN guidance.
  • Strong analytical skills with the ability to interpret transaction data, identify patterns, and articulate findings.
  • Excellent written communication skills, particularly for SAR narrative drafting.

Benefits

  • Salary range of $43,000 to $70,000.
  • Eligible for an annual performance-based incentive opportunity.
  • Comprehensive benefits package for eligible employees.
  • Health insurance.
  • 401(k) retirement benefits.
  • Life insurance.
  • Disability benefits.
  • Paid time off.
  • Hybrid, remote-office work environment with onsite options in multiple locations.

Interested in this position?

Apply directly on the company website

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