Compliance Analyst

Company Description :

Woori Bank is a global financial institution providing a wide range of banking and financial services. Our Los Angeles Branch primarily focuses on corporate and commercial banking, offering an opportunity to gain hands-on experience in international banking operations and regulatory compliance.

Key Responsibilities

Complete daily work to support the AML/CFT Compliance Program, and work under the guidance of the Deputy BSA Officer. Assignments may include the duties listed below.

• Review sanction matches in FinScan and disposition per procedures.
• Review transaction monitoring alerts generated by Prime and document per the procedures; elevate concerns to Officers.
• Investigate BSA Cases and document per the procedures.
• Conduct manual high-risk jurisdiction reviews and document.
• Conduct data reconciliation between core and Compliance systems.
• Stay abreast of industry news and regulatory updates.
• Complete training as assigned and actively participate in team discussions.
• Work on other projects as assigned by the Compliance Officer/Deputy BSA Officer including data gathering and review for various projects, document gathering for audits/exams, and system enhancement projects.
• Conduct compliance testing under the guidance of the Compliance Officer.
• Due to the size of the Branch, the Compliance Analyst may also be assigned backup responsibilities for other positions as needed by the Branch.

Qualifications

• Some BSA/AML and/or banking experience preferred.
• Must have strong writing skills.
• Logical thinking and understanding of business structure/operations preferred.
• Familiarity with trade finance and letters of credit a plus, but not required.
• Knowledge of Prime Compliance Suite and FinScan a plus, but not required.
• Comprehensive Medical Insurance – 100% of premiums paid by the Bank for employees and eligible dependents.
• Dental and vision insurance coverage.
• 401(k) Retirement Plan with Employer Matching Contributions, Subject to Plan Terms.