Job Description

Job Title: Business Risk Analyst
Location: Vienna, VA
Type: Contract
Contractor Work Model: Remote

Role:
A Business Risk Analyst analyzes business processes and risks to develop strategies for mitigating risks and improving operational efficiency.

1. Expertise in risk assessment and business analysis methodologies
2. Proficiency in data analysis and visualization tools (e.g., Excel)
3. Strong understanding of regulatory requirements and risk frameworks
4. Excellent problem-solving and critical-thinking abilities
5. Effective communication and stakeholder management skills

Description:
To perform research and analysis of the organization's account activity to identify red flags, suspicious activity, and potential fraud schemes. Conduct complex analysis into fraudulent transactions, including account takeovers, identity theft, synthetic identities, and other emerging fraud typologies. Create and maintain Suspicious Activity Reports (SARs) with a focus on fraud-related activity. Maintain knowledge of BSA/AML history, regulations, and industry guidance. Support Business Units staff, particularly Branch and Contact Center, in complying with established BSA/AML policies and procedures. To support day-to-day Office of Foreign Assets Control (OFAC) operations, compliance analyses and projects across the enterprise in compliance with the organization's BSA/AML & OFAC Compliance Program. To respond to ad-hoc OFAC related queries and provide subject matter expertise to partner business units when applicable. Maintain knowledge of OFAC history, regulations, and industry guidance. To perform research and analysis of the organization's account activity related to suspicious transactions and identify red flags. Create and maintain Suspicious Activity Reports (SARs) associated with suspicious account activity requiring more complex research or in- depth investigation. Identify, review, and report suspicious activity and fraud risk across various delivery channels, including digital banking, wire transfers, and remote deposit capture. Ensure adherence to applicable federal and state laws, rules and regulations.

System One, and its subsidiaries including Joulé, ALTA IT Services, and Mountain Ltd., are leaders in delivering outsourced services and workforce solutions across North America. We help clients get work done more efficiently and economically, without compromising quality. System One not only serves as a valued partner for our clients, but we offer eligible employees health and welfare benefits coverage options including medical, dental, vision, spending accounts, life insurance, voluntary plans, as well as participation in a 401(k) plan.

System One is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, age, national origin, disability, family care or medical leave status, genetic information, veteran status, marital status, or any other characteristic protected by applicable federal, state, or local law.

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Ref: #850-Rockville (ALTA IT)

System One, and its subsidiaries including Joulé, ALTA IT Services, TeamPeople, and Mountain Ltd., are leaders in delivering outsourced services and workforce solutions across North America. We help clients get work done more efficiently and economically, without compromising quality. System One not only serves as a valued partner for our clients, but we offer eligible employees health and welfare benefits coverage options including medical, dental, vision, spending accounts, life insurance, voluntary plans, as well as participation in a 401(k) plan.

System One is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, age, national origin, disability, family care or medical leave status, genetic information, veteran status, marital status, or any other characteristic protected by applicable federal, state, or local law.

Job Tags

Contract work, For contractors, Work at office, Local area, Remote work,

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