Location: Jersey City, NJ (Onsite Interview Required)
No H1
Job Overview
We are seeking a detail-oriented
Business Analyst with expertise in
KYC (Know Your Customer) and significant
data experience to join our team. This role is critical in ensuring regulatory compliance and optimizing data-driven processes for managing customer information. Experience with
Fenergo (a leading KYC and client lifecycle management platform) is a big plus. The BA will play a key role in transforming business needs into technical solutions while ensuring data integrity and compliance with financial regulations.
Key Responsibilities
- KYC Process Optimization: Collaborate with compliance, risk, and operations teams to ensure seamless and compliant customer onboarding and lifecycle management processes.
- Data Analysis: Manage, analyze, and interpret large datasets related to customer due diligence, transaction monitoring, and KYC processes.
- Business Process Mapping: Document, analyze, and enhance existing KYC and customer data management processes to improve efficiency and regulatory adherence.
- Requirement Gathering: Work closely with stakeholders to gather and document business and technical requirements related to KYC processes, ensuring alignment with regulatory frameworks.
- Cross-functional Collaboration: Act as a liaison between business teams and IT, ensuring that data solutions meet business requirements and regulatory standards.
- Fenergo Integration: If applicable, assist with the integration of Fenergo or similar KYC software solutions, ensuring smooth deployment and data accuracy.
- Reporting & Documentation: Create detailed documentation and reports for stakeholders, summarizing key findings, trends, and recommendations based on data analysis.
- Compliance & Risk Management: Ensure that all KYC procedures meet industry regulations, including AML (Anti-Money Laundering) standards.
Key Requirements - Experience:
- Proven experience as a Business Analyst with a focus on KYC processes and financial regulations.
- Strong experience in data analysis and working with large datasets in financial services.
- Technical Skills:
- Proficient in data tools such as SQL, Excel, and data visualization tools.
- Familiarity with Fenergo or similar KYC/CLM platforms is a significant plus.
- KYC/AML Knowledge: In-depth understanding of KYC, AML, and regulatory requirements related to customer due diligence.
- Analytical Skills: Ability to translate business processes into technical requirements and optimize data workflows for compliance and efficiency.
- Communication: Excellent communication skills to work with multiple stakeholders, including compliance, IT, and external vendors.
- Prior experience with Fenergo.
- Familiarity with data governance and data quality frameworks in financial institutions.
- Project management skills and experience with Agile methodologies.