Compliance Analyst (Banking), Sr. monitors customer accounts and researches transactions to identify suspicious activity violating current anti-money laundering (AML) regulations defined in the US Bank Secrecy Act (BSA) or other governmental anti-terrorist financing programs. Uses customer data mining and software tools to identify suspicious activity patterns. Being a Compliance Analyst (Banking), Sr. reviews daily Currency Transaction Reports (CTR) and Questionable Activity Reports (QAR), and submits Suspicious Activity Reports (SAR) as appropriate. Ensures adherence to Know your Customer (KYC) protocols. Additionally, Compliance Analyst (Banking), Sr. may lead or participate in investigations of suspicious activity to pursue corrective actions and ensure completion of required filings. Keeps abreast with regulatory changes, risk management best practices, and trending methods used by fraud perpetrators. Delivers compliance training with up-to-date regulatory information and procedures to develop and guide a well-informed staff. Typically requires a bachelor's degree. May have the Certified Anti Money Laundering Specialist (CAMS) certification. Typically reports to a manager. The Compliance Analyst (Banking), Sr. occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Compliance Analyst (Banking), Sr. typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)
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Job Summary
The Senior Financial Analyst serves as a financial steward in the organization by collaborating with business partners in core business functions across the Company. The Senior Analyst must be able to work effectively within a matrixed organization and demonstrate self-leadership and change agility, as well as the ability to influence and interact with various s of the organization. They will partner with the business to drive plan through operational levers, provide performance reporting, and manage the forecast.
Key Responsibilities
• Facilitates the financial forecasting and planning processes with functional partners and business units that result in quarterly forecast updates, annual plans, and long-range plans; provides business performance reporting and commentary.
• Supports financial modeling and business analytics to address P&L queries.
• Supports the development of expense plans using agreed upon volume, rate, growth, and transportation cost assumptions; troubleshoot questions and reconciliations. Coordinate with data owners to formulate answers.
• Collaborates across the business and with peers to provide root cause analysis and actionable insights based on financial and non-financial data to functional partners and business units.
• Communicates financial and non-financial insights to leaders by preparing analyses using multiple data sources; identify and proactively source necessary inputs for analysis; support operational and financial storytelling.
• Analyzes forecast and business case accuracy for root causes issues and apply these learning to future reports; translates findings into clear, understandable themes; identifying complete, consistent, and actionable insights and recommendations.
• Develops business cases for key initiatives and major programs by creating robust financial models tied to a program’s (or initiative’s) strategic narrative; identifying risks to the organization and engaging the business owner in risk mitigation and trade-offs; identifying and measuring key trigger points (metrics) that provide insight into an initiative’s success (leading and final indicators).
• Applies solid knowledge of financial and business analytics principles to all deliverables; leverages an understanding of policies, data, and resources to support projects or initiatives; collaborates cross functionally to solve business problems; identifies, recommends, and implements ways to address improvement opportunities.
Required Qualifications
• Bachelor's Degree in Business, Finance, Accounting or related field
• 3 years' experience in finance or analytical role with a public company, public accounting or related experience
• Experience in structuring and writing formal documents, developing and delivering group presentations, project planning, and/or cross functional collaboration
• Experience with financial forecasting or analytic modeling and report automation
• Experience with Microsoft Office tools (e.g., Word, PowerPoint, Excel)
Preferred Qualifications
• Master's Degree in Business, Finance, Accounting or related field
• 6 years' experience in finance or analytical role with a public company, public accounting or related experience
• Experience in FP&A, Corporate Finance, Corporate Accounting, Supply Chain Finance or related field
• Experience with analytical tools such as Python, R, SAS, Adobe, Alteryx, KnimeStrong
• Experience with tools such as PowerBI, Tableau, Superset, Microstrategy, Qlik, etc.
• Experience with SQL and familiarity of enterprisegrade environment (Teradata, Hadoop, Presto)
• Experience with Enterprise Resource Planning (ERP) based systems, multi-dimensional databases, such as TM1, Hyperion or Essebase
• Experience with business intelligence reporting tools (e.g., MicroStrategy, Business Objects, Cognos, Teradata, SSIS, Svr.)
About Lowe’s
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 billion, Lowe’s operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com.
Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.
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