Banking Oversight Analyst
Boston
Banking Oversight Analyst
Part Time • Boston
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
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
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.
KYC & Customer Due Diligence Oversight
- 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.
Governance, Reporting & Documentation
- 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.
Required Skills & Qualifications
- 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.
Preferred Qualifications
- 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.
Compensation: $30.00 - $45.00 per hour
Who We Are
High Bridge is a bottom-up consulting firm with more than two decades of experience creating innovative solutions for the technology industry.
- • We connect thoughtfully curated talent with reputable employers in our field.
- • We partner with like-minded companies to bolster mutual success and understanding.
- • We deliver results through strategic planning and meticulous project management.
At High Bridge, we believe that success is a measure of results and process, product and person. We are proud to bring integrity and humanity to the work that we do each day. Whether we’re interviewing prospective associates, brainstorming with partners, or troubleshooting with vendors, we pledge our commitment to honesty, transparency, and good humor at every junction.
Careers
Are you passionate about technology? Do you believe in no finish lines? Are people and process the heel in your stride? High Bridge Consulting may be the next journey for you.
Here at High Bridge, our island is technology, but our village is human. We value a culture of authenticity, integrity, and creativity. We work smart, not hard, we look forward, not backward, and we love coming to work on Monday.
If you aren’t afraid of heights, join us on our bridge.