Fcc Investigations Analyst Jobs

Current Employees of LendingClub: Please apply via your internal Workday Account
LendingClub Corporation (NYSE: LC) is the parent company of LendingClub Bank, National Association, Member FDIC, and the only full-spectrum fintech marketplace bank. Members can gain access to a broad range of financial products and services through a technology-driven platform, designed to help them pay less when borrowing and earn more when saving. Since 2007, more than 4 million members have joined the Club to help reach their financial goals. We’re leading the governance of a new industry by developing ethical, responsible ways to bring greater value and better opportunities to our members. Everyone deserves a better financial future and our team is committed to making that a reality. Come join us!
About The Role
LendingClub Bank’s Financial Crimes Compliance (FCC) team, as part of the Compliance Department, is responsible for maintaining an effective Bank Secrecy Act/Anti-Money Laundering (BSA/AML) and sanctions compliance program (collectively AML & Sanctions Program), including developing and supporting a strong system of controls to prevent the Bank from being used to facilitate money laundering, terrorist financing, and other illegal activities. The FCC team coordinates day-to-day implementation of these efforts, including developing appropriate policies and procedures designed to assist the business units in conducting appropriate due diligence to detect, prevent, and report potentially suspicious activity.
We are looking to hire a FCC Investigation Analyst to support the Bank’s AML Program. The qualified candidate will support various AML processes including, but not limited to, transaction monitoring alerts and case investigations, suspicious activity reporting, currency transaction reporting, sanctions (e.g., Office of Foreign Assets Control (OFAC)) alert reviews and non-sanctions (e.g., negative news and Politically Exposed Persons (PEPs)) alert reviews, and enhanced due diligence reviews. This position will be responsible for the review and dispositioning of alerts/cases by conducting research, documenting the cases/reviews, providing initial recommendations, and organizing and maintaining supporting documentation. The candidate will report directly to the Manager, FCC Investigation.
This position is based out of our offices in Lehi, UT; San Francisco, CA; Boston, MA; or New York, NY.

What You'll Do

• Conduct enhanced due diligence investigations in accordance with the policies and procedures
• Complete follow-up reviews on activity that was previously reported as potentially suspicious
• Identify trends/patterns and report to the Manager, FCC Investigation
• Assess and analyze research results and conduct data analysis applying background knowledge and experience
• Assist in drafting suspicious activity reports and currency transaction reports
• Perform ad-hoc projects or task assigned by the Manager, FCC Investigation
• Maintain current understanding of money laundering and terrorist financing issues, including policies and procedures, regulations, industry best practices/standards, money laundering/terrorist financing typologies and developing trends
• Review and disposition sanctions/non-sanctions alerts
• Review, analyze, and disposition transaction monitoring alerts and cases resulting from the automated transaction monitoring system, internally escalated referrals, law enforcement requests (e.g., 314(a) and Subpoenas), adverse media, and 314(b)
• Determine investigative and data analytics approach, apply sound decision-making and discretion in making independent decisions that mitigate potential money laundering and/or terrorist financing risk at each decision point throughout the investigation
• Perform searches, gather data, and record evidence from the Bank’s internal systems, the internet, and commercial databases
• Responsible for carrying out all assigned duties in full compliance with regulatory requirements, risk management framework, and in accordance with internal policies and procedures
• Conduct periodic enhanced due diligence reviews of high-risk customers to identify activity that may not align with the customer due diligence profile

About You

• Excellent research skills, including experience with online research tools
• Able to multi-task and complete assignments in a timely fashion
• Strong organization and time management skills
• 1 year of experience in investigations, banking, or financial services; bachelor’s degree in related field or equivalent work experience
• Ability to make decisions independently using sound judgment and work well under pressure
• Strong writing, analytical, decision making/problem solving and communication skills
• Prior experience preparing Suspicious Activity Reports is a plus but not required
• Advanced proficiency in Microsoft Office (Word, Excel, Access, PowerPoint, and Outlook)
• CAMS or other AML certification preferred
• Knowledge of laws applicable to money laundering, including BSA, the USA PATRIOT Act, Financial Crimes Enforcement Network (FinCEN) requirements, SAR requirements, and OFAC regulations

Work Location
San Francisco, Lehi, Boston, Westborough or New YorkWe are currently working a hybrid schedule and our teams are in-office Tuesdays and Wednesdays.
Time Zone Requirements
Local hours (PT, MT, CT, ET).
Travel Requirements
If you need to travel for work, LendingClub will cover your travel related expenses.
Compensation
The target base salary range for this position is 52,800-82,820. The position is also eligible to receive a bonus (which is based on company performance, employee performance and eligible earnings), and benefits. Our salary ranges, other compensation and benefits offered are determined by role, experience level and location.
We’re creating new financial services solutions for our members based on fairness, simplicity, and heart, and we treat our employees the same way. We offer a competitive benefits package that includes medical, dental and vision plans for employees and their families, 401(k) match, health and wellness programs, flexible time off policies for salaried employees, up to 16 weeks paid parental leave and more.
LendingClub is an equal opportunity employer and dedicated to diversity, equity, and inclusion in the workplace. We do not discriminate on the basis of race, religion, color, national origin, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), gender, gender identity, gender expression, sexual orientation, age, marital status, veteran status, disability status, political views or activity, or other applicable legally protected characteristics. We believe that a variety of perspectives will make our teams and business stronger as we work together to transform the traditional banking system.
We are committed to providing reasonable accommodations for qualified individuals with disabilities in our job application process. If you need assistance or an accommodation due to a disability, please contact us at [email protected].