Banking Oversight Analyst
Highbridge Consulting LLCBoston, MA
Automate your job search with Sonara.
Submit 10x as many applications with less effort than one manual application.1
Reclaim your time by letting our AI handle the grunt work of job searching.
We continuously scan millions of openings to find your top matches.
Overview
Remote
On-site
Job Description
Our client, a leading regional financial institution, is seeking an experienced "Banking Oversight Analyst "
Location: Boston, MA(preferred)/ NYC/Johsnton RI (Hybrid) Duration: Long-Term Contract
Summary: The Oversight Analyst is responsible for the ongoing monitoring, risk oversight, and governance of Commercial Third-Party Deposit Partners (CTPDPs). This role supports the Embedded Banking organization by executing monthly, quarterly, and ad hoc oversight activities designed to identify, assess, escalate, and document risks associated with third-party partners, and their customers. The Analyst serves as a key liaison between partners, relationship management, risk management, AML, and other stakeholders to ensure adherence to bank policies, regulatory requirements, and risk appetite. Primary Responsibilities Ongoing Partner Oversight- Review monthly partner risk reports and conduct oversight reviews covering:
- AML and compliance issues
- OFAC screening results
- Fraud events
- Material business changes
- Third & fourth-party payment activities
- Unusual activity referrals
- Participate in partner meetings and maintain documented meeting notes and evidence.
- Escalate identified risks, control deficiencies, or material issues to appropriate business, risk, AML, and executive stakeholders.
- Analyze Returned Deposit Item (RDI) reports and perform analysis to determine alignment with established risk thresholds, escalating excessive rates to relevant stakeholders.
- Review Sanctions and Adverse Media screening results, supporting escalation and remediation efforts.
- Perform risk-based testing of partner's customer onboarding files and KYC documentation.
- Review onboarding packages for completeness and compliance with established standards.
- Document audit findings, communicate remediation requirements, and escalate unresolved issues.
- Maintain accurate records and evidence supporting all oversight activities.
- Prepare management reports, risk summaries, and tracking documentation.
- Support audits, examinations, internal reviews, and annual partner assessments.
- Ensure adherence to internal policies, AML programs, sanctions programs, NACHA requirements, and applicable operating rules.
- 2 5 years of experience in payment operations, risk management, compliance, AML, fraud, or third-party risk management.
- Experience analysing operational, compliance, financial, and fraud-related risks.
- Strong investigative, analytical, and problem-solving skills.
- Ability to manage multiple priorities and meet recurring regulatory and operational deadlines.
- Bachelor's degree in business, Finance, Risk Management, Compliance, Accounting, Criminal Justice, or equivalent experience.
- Experience supporting fintech partnerships and embedded payment programs.
- Knowledge of ACH, FedWire, RTP and other payment methods.
- Understanding of AML/BSA, OFAC, NACHA Operating Rules, third-party risk management, and vendor oversight frameworks.
- Experience working with regulatory examinations, audits, and issue management programs.
Automate your job search with Sonara.
Submit 10x as many applications with less effort than one manual application.
FAQs About Banking Oversight Analyst Jobs at Highbridge Consulting LLC
What is the work location for this position at Highbridge Consulting LLC?
This job at Highbridge Consulting LLC is located in Boston, MA, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Highbridge Consulting LLC?
Employer has not shared pay details for this role.
What employment applies to this position at Highbridge Consulting LLC?
The employer has not provided this information. This may be discussed during the hiring process.
What is the process to apply for this position at Highbridge Consulting LLC?
You can apply for this role at Highbridge Consulting LLC either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.