KYC Analyst – Quality and Process Oversight, AML Compliance

Are you looking to play a key role in helping combat financial crime? Are you interested in joining a globally diverse organization where our unique contributions are recognized and celebrated, allowing each of us to thrive? Then join Western Union as an Analyst, AML Compliance.

Western Union powers your pursuit.

In this role, you will operate within the Know Your Customer team (KYC) of the Global Compliance organization with a primary focus on Enhanced Customer Due Diligence (ECDD) process oversight. This includes performing quality assurance reviews, working closely with KYC operations team to improve the ECDD process, uptraining the team on existing and emerging ML/TF trends, reviewing KYC related controls and making sure they are performing as expected.

Role Responsibilities

Ensure quality standards are maintained and adhered to while executing the oversight of KYC program. Provide actionable, clear and concise feedback with recommendations to key internal and external stakeholders to maintain and improve KYC processes. Conduct regular quality assurance reviews to assess the accuracy and effectiveness of ECDD assessments and risk mitigation efforts. Perform in-depth analysis of customer activities, identifying risks and red flags during ECDD reviews and escalating concerns when necessary. Lead and coordinate calibration sessions with relevant teams to ensure consistency in decision making processes. Identify opportunities for business training, and process improvements based on oversight duties, making recommendations for automation or efficiency improvements where applicable. Stay up to date with emerging AML/CFT typologies, regulatory changes, and trends, passing this knowledge into practical trainings sessions for internal teams.

Role Requirements

Bachelor’s degree in finance, business, or a related field, or equivalent professional experience in financial services, compliance or risk management is preferred.  Minimum of 2 years of experience in any of the following: Bank Secrecy Act, AML Compliance, or general and/or risk-based compliance. Strong analytical, investigative and problem-solving skills with high attention to detail, especially in evaluating complex customer profiles and transactions. Ability to identify and assess compliance risks and escalate issues to appropriate level when necessary. Demonstrate experience in process improvement or project management, particularly in compliance, risk or operational areas. Proven ability to work independently, making informed decisions aligned with company policies and regulatory requirements. Proficiency in MS Office Applications, with advanced excel skills for data analysis, reporting and process tracking. Strong communication skills, both verbal and written, with experience in delivering feedback. Knowledge of current and emerging technologies in AML/CFT such as transaction monitoring tools, data analytics, and AI-based systems is a plus.

We make financial services accessible to humans everywhere. Join us for what’s next.

Western Union is positioned to become the world’s most accessible financial services company —transforming lives and communities. We’re a diverse and passionate customer-centric team of over 8,000 employees serving 200 countries and territories, reaching customers and receivers around the globe. More than moving money, we design easy-to-use products and services for our digital and physical financial ecosystem that help our customers move forward.

Just as we help our global customers prosper, we support our employees in achieving their professional aspirations. You’ll have plenty of opportunities to learn new skills and build a career, as well as receive a great compensation package. If you’re ready to help drive the future of financial services, it’s time for Western Union. Learn more about our purpose and people at https://careers.westernunion.com/.

Benefits

You will also have access to short-term incentives, multiple health insurance options, accident and life insurance, and access to best-in-class development platforms, to name a few
(https://careers.westernunion.com/global-benefits/). Please see the location-specific benefits below and note that your Recruiter may share additional role-specific benefits during your interview process or in an offer of employment.

Your Philippines specific benefits include:  

Paid sick leave and vacation leave  HMO coverage with free unlimited dependents from day 1 of employment  Performance incentive program / Performance Bonus  Unique incentive program  Hybrid working arrangement 

Western Union values in-person collaboration, learning, and ideation whenever possible. We believe this creates value through common ways of working and supports the execution of enterprise objectives which will ultimately help us achieve our strategic goals. By connecting face-to-face, we are better able to learn from our peers, problem-solve together, and innovate.  

Our Hybrid Work Model categorizes each role into one of three categories. Western Union has determined the category of this role to be Hybrid. This is defined as a flexible working arrangement that enables employees to divide their time between working from home and working from an office location. The expectation is to work from the office a minimum of three days a week. 

We are passionate about diversity. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams while reflecting the communities we serve. We do not discriminate based on race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, following applicable laws.

Estimated Job Posting End Date:

12-31-2024

This application window is a good-faith estimate of the time that this posting will remain open. This posting will be promptly updated if the deadline is extended or the role is filled.