BSA/AML QC & Testing Associate Director or Director - First Republic Bank - Newport Beach, CA

Description Overview: Reporting to either theVP of QC & Testing within BSA/AML, the individual will be responsible for independently conducting complex quality control reviews covering all facets of the Bank's BSA/AML, Sanctions, and fraud programs. The individual will design and execute the review coverage based on review objectives, risks, and regulatory requirements.
Responsibilities Autonomously, accurately, and effectively conduct BSA/AML, Sanctions, and fraud related quality control reviews across different products and services as well as persons and entities. Reviews include Enterprise level, business or support units, and bank subsidiaries.Perform QC test work and be a team member on other teammates' reviews. Assess compliance with BSA/sanctions related regulations and established Bank policies and procedures and identify any potential and emerging BSA/sanctions/fraud risks or issues.Identify risks and related controls as well as test and evaluate processes and controls effectiveness.Perform special reviews or projects, if necessary.Maintain a current awareness and understanding of the regulatory environment and a working knowledge of regulations related to BSA, Sanctions, and fraud.Assist in preparation for regulatory examinations and other duties as assigned.
Qualifications Minimum of 5 years in BSA/OFAC compliance and/or audit or examination experience.Ability to work independently and as part of a team, organize tasks efficiently, and perform QC testing function accurately.Extensive knowledge of BSA/AML and sanctions laws and regulations as well as background in controls and best practices.Ability to review regulatory requirements or guidance and analyze information to develop testing and sampling methodology.Ability to apply technical knowledge, such as analytical/judgment skills and critical thinking, with minimal guidance.Strong analytical skills to identify, document, present, and report issues autonomously, accurately, and effectively.Ability to analyze data collection or testing results to accurately reach testing conclusion and develop suggestions and recommendations.Ability to quickly grasp and understand varying Bank products and services and how they may be exploited for money laundering or terrorist financing activities and financial crimes.Positive attitude, strong work ethics, and professional.Problem solving skills with proven ability to turn findings into executable plans.Ability to interact effectively with all levels of management and establish collaborative relationships with business partners.Strong written and verbal communication skills.Working knowledge/experience in Private Banking, brokers/dealers, private equity, hedge funds, and venture capital is a plus.Operate effectively under pressure and ability to meet deadlines.Professional certifications preferred (i.e. ACAMS certification, Certified Internal Auditor, Certified Fraud Examiner) For role based in San Francisco:
Pursuant to theSan Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records, to the extent consistent with applicable federal and/or state law.

Expired, click here to search for relevant jobs

Around the Network

Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing careersinfosecurity.com, you agree to our use of cookies.