BSA/AML/Fraud Data Governance Analyst

How would you like to join one of the most highly regarded financial institutions in New Jersey with deep roots in the community?  Provident is a successful and highly regarded multi-billion-dollar bank that continues to grow with branches in New Jersey, Eastern Pennsylvania and New York.  Our longevity is a testament to our commitment to placing our employees, customers, and the communities we serve at the center of all we do.  At Provident Bank, we are committed to enhancing our customer and employees’ experience. 

POSITION OVERVIEW:

This position will assist the BSA/AML/Fraud Data Governance Manager with a supporting role in the following, including but not limited to, organizing and preparing materials for BSA/AML/Fraud related audits and exams, prepare model risk management reporting, engage-ments, system testing, prepare policy changes / enhancements and communication related to same, and assist in preparing risk assessments and resource assessment documentation. The BSA/AML/Fraud Data Governance Analyst will also support BSA Management’s periodic AML & OFAC risk assessments through the analysis of data elements related to potential indicators of customer, product or geographic risk, evaluating and enhancing the BSA Management’s risk rating methodologies, and identifying new quantitative factors that can be incorporated into the risk assessment process.  The position will also assist in supporting various projects that arise throughout the organization and department specific initiatives.  

KEY RESPONSIBILITIES:

• Organize and prepare materials for BSA/AML/Fraud related audits and exams
• Prepare BSA Management periodic AML & OFAC risk assessments through the analysis of data elements related to potential indicators of customer, product or geographic risk, evaluating and enhancing
• BSA /Fraud Management’s risk rating methodologies, and identifying new quantitative factors that can be incorporated into the risk assessment process.  
• Prepare department specific model risk management activities including but not limited to reporting, third party engagements, testing of recommendations, etc.
• Prepare department specific resource assessments
• Support various projects that arise throughout the organization and department specific initiatives

MINIMUM QUALIFICATIONS:

• Bachelor's degree required (or its equivalent) in statistics, mathematics, economics, engineering, data sciences, predictive modeling, or other quantitative disciplines or at least 5 years of relevant experience in Banking/BSA/Fraud Compliance.
• 4 years of professional experience in risk management, financial services, business consulting, financial planning and analysis, or other relevant experience.
• 2 or more years in model risk governance, model risk audit, risk management or analytics
• 2 or more years with AML Sanction / OFAC related experience
• Experience with risk quantification, completing and or reviewing Risk and Self Assessments re-quired, and group facilitation skills (Preferred)
• Strong problem solving, critical thinking and analytical skills with the ability to develop and im-plement monitoring processes.
• Ability to define and communicate key risk metrics, dashboards and analytics for senior man-agement and executive reporting; translate technical observations to a non-technical audience.
• Excellent verbal, written and visual communication skills.
• Experience designing, implementing and documenting statistical tests.
• Ability to select and retrieve data including unstructured data retrieval, archival, and ETL.
• Curious mind - able to identify new areas where modeling and analytics could help improve the Compliance program 

LICENSES AND/OR CERTIFICATES

• ACAMs, preferred

WORKING CONDITIONS

Work is mainly performed in a normal office environment.  Noise levels usually are moderate.

• Prolonged sitting
• Lifting from 5 to 10 lbs. (printer paper, storage boxes)
• Occasional bending or overhead lifting (storing files or boxes)
• The hazards are mainly those present in a normal office setting.

This job description may not be all-inclusive.  Employees are expected to perform other duties as assigned and directed by management.  Job descriptions and duties may be modified when deemed appropriate by management.

Provident Bank recognizes and supports the importance of creating a socially and culturally diverse employee base. We understand, value, and appreciate the unique perspectives that a diverse workforce can contribute to our organization. We put the employee and the customer at the center of strategy because culture is a critical differentiator for why people choose to work here. 

We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.

Pay Details:

$58,900 - $84,200 annually

Please note, the base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, education, geographic location, internal equity, and other applicable business and organizational needs. 

This role is incentive eligible based upon company, business, and/or individual goal achievement and performance.