Senior Banking Business Analyst: AML/KYC & Regulatory Compliance

Business analyst job at Precision Technologies. New York, NY. We are seeking an experienced Business Analyst with strong expertise in the financial services domain , specializing in Anti-Money Laundering (AML), Know Your Customer (KYC), Retail Banking, and Investment Banking . The ideal candidate will bridge the gap between business stakeholders and technology teams, ensuring regulatory compliance, smooth delivery of banking solutions, and alignment with customer needs. Key Responsibilities Collaborate with stakeholders (compliance, operations, technology, risk, and business teams) to gather, analyze, and document business requirements for AML, KYC, and banking processes. Translate business needs into functional and non-functional specifications for development teams. Work on end-to-end AML/KYC workflows including customer onboarding, due diligence, transaction monitoring, sanctions screening, and regulatory reporting. Analyze processes across Retail Banking (payments, deposits, loans, cards, internet/mobile banking) and Investment Banking (trading, settlements, risk management, client onboarding). Assist in defining data requirements and perform gap analysis to identify process inefficiencies and compliance risks. Collaborate with technology teams to design and implement AML/KYC systems and regulatory reporting tools. Support User Acceptance Testing (UAT) , preparing test scenarios, validating results, and ensuring solutions meet compliance standards. Ensure compliance with global regulations (FATF, OFAC, FinCEN, GDPR, Basel III, MiFID II, etc.). Provide business process re-engineering recommendations to improve operational efficiency and compliance coverage. Prepare detailed documentation including BRDs, FRDs, process flows, and data mapping sheets . Act as a liaison between business units and IT teams to ensure successful project delivery. Monitor market trends and regulatory updates in AML/KYC and banking to recommend improvements. Bachelor’s/Master’s degree in Finance, Business Administration, Information Systems, or related field. 7+ years of experience as a Business Analyst in the Banking & Financial Services industry . Strong knowledge of AML/KYC regulations, compliance frameworks, and risk management processes . Hands-on experience in Retail Banking and Investment Banking workflows . Proficiency in documenting requirements (BRD, FRD, Use Cases, User Stories). Knowledge of banking operations such as payments, lending, deposits, credit, trade finance, and securities. Strong SQL/data analysis skills for validating datasets and regulatory reports. Familiarity with AML/KYC tools (e.g., Actimize, Mantas, SAS AML, Fircosoft, Fenergo). Excellent communication and stakeholder management skills. Experience with Agile/Scrum methodologies . For More details feel free to reach View email address on click.appcast.io Or View phone number on click.appcast.io Job Types: Full-time, Contract Pay: $40.00 - $50.00 per hour Benefits Green card sponsorship Health insurance Paid time off Relocation assistance Visa sponsorship Work Location: In person #J-18808-Ljbffr Payfuture Technologies