Compliance - Data Analyst

Compliance Data Analyst
What Is MyBambu?
MyBambu is a cutting-edge fintech platform delivering the first all-in-one mobile digital financial solution for underserved, primarily Hispanic communities. With a focus on financial inclusion, MyBambu offers easy access to a range of services, including checking accounts without credit checks, remittance services, bill payments, and mobile top-ups. Recognized with the FIS Impact Award for innovation in 2020, MyBambu is dedicated to breaking down barriers to financial access and literacy, empowering users through a bilingual, user-friendly mobile experience tailored to diverse needs.
MyBambu participates in E-verify and will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS), with information from each new hire's Form I-9 to confirm work authorization. Find out more information: E-Verify Participation Poster or Right to Work Poster .
Your Opportunity:
This position is a full-time, in-person position reporting to the Chief Compliance Officer. As the Compliance Data Analyst, it essential to help ensure that our operations align with regulatory requirements and to proactively detect any compliance risks. The Compliance Data Analyst will work closely with the Compliance, Data, and Risk teams to analyze, interpret, and report on data to support MyBambu's compliance objectives.
Job Responsibilities

• Data Analysis & Reporting: Extract, analyze, and interpret large sets of data to identify trends, risks, and anomalies related to compliance and regulatory standards.
• Compliance Monitoring: Support ongoing monitoring of transactions, customer activities, and compliance metrics to detect and report suspicious activities in alignment with Anti-Money Laundering (AML), Know Your Customer (KYC), and other regulatory frameworks.
• Risk Assessment: Develop and maintain risk assessment models to predict potential compliance risks, collaborating with the Compliance team to implement data-driven risk mitigation strategies.
• Process Improvement: Identify and implement improvements in data management processes for increased efficiency and accuracy in compliance monitoring and reporting.
• Regulatory Reporting: Prepare accurate reports and dashboards for regulatory submissions and internal stakeholders, ensuring that the bank's data-related regulatory obligations are met in a timely manner.
• Collaborate with Cross-Functional Teams: Work with the Compliance departments to ensure the integrity and quality of data used for compliance monitoring and regulatory reporting.
• Documentation & Policies: Maintain comprehensive documentation of data analysis processes, compliance findings, and risk assessment methodologies to support audits and regulatory reviews.
• Stay Updated: Keep up to date with regulatory requirements and industry best practices related to compliance and data management within the fintech and banking sectors.
• Performs other related duties as assigned.

Skills and Abilities

• Technical Proficiency: Strong skills in SQL, Python, or R for data analysis; experience with data visualization tools like Tableau or Power BI; familiarity with compliance and risk management software.
• Data Analysis & Interpretation: Advanced abilities in analyzing large data sets, interpreting complex compliance data, and generating insights to inform decision-making.
• Risk Assessment Modeling: Capable of developing risk models and frameworks to proactively identify compliance risks.
• Documentation & Reporting: Proficient in preparing detailed, accurate reports for regulatory submissions and internal stakeholders, as well as maintaining thorough documentation for audits.
• Compliance Knowledge: Solid understanding of regulatory requirements, including Anti-Money Laundering (AML) and Know Your Customer (KYC) standards, specific to the banking and fintech sectors.

• Analytical Thinking: Exceptional analytical and problem-solving abilities to identify patterns, anomalies, and actionable insights in complex data sets.
• Attention to Detail: High accuracy and precision in data handling, ensuring the integrity and quality of compliance reporting and analysis.
• Effective Communication: Strong verbal and written communication skills for presenting findings and collaborating with cross-functional teams.
• Organizational Skills: Ability to prioritize, manage multiple tasks effectively, and meet deadlines in a fast-paced environment.
• Continuous Learning: Ability and eagerness to stay updated with evolving compliance standards, data management best practices, and fintech industry trends.

Job Requirements

• Education: Bachelor's degree in finance, Data Science, Business Analytics, Computer Science, a related field, preferred not required.
• Minimum three (3) years of experience in data analysis, compliance, or risk management within banking, fintech, or financial services.

Physical Requirements:

• Prolonged periods sitting at a desk and working on a computer.
• Must be able to lift up to 15 pounds at times.

MyBambu Benefits

• Excellent medical coverage.
• Fifteen (15) days of Paid Time Off.
• Seven (7) days of Paid Holidays.
• Our small family corporate culture.