Dealer) - Remote

First Citizens Bank•Raleigh, NC

23h•Remote

About The Position

This is a remote role that may be hired in several markets across the United States. The AML/CFT Compliance Officer is responsible for ensuring the effectiveness of the organization's Anti-Money Laundering and Counter-Financing of Terrorism program. This role involves performing quality control reviews of complex Broker/Dealer and/or Banking-related AML investigations, analyzing data, and providing feedback and guidance to business units on AML/CFT compliance. The officer will play a key role in identifying, assessing, and mitigating financial crime risks, as well as identifying program and process risk, while maintaining a strong understanding of regulatory requirements and industry best practices.

Requirements

Bachelor's Degree and 4 years of experience in Experience in AML/CFT compliance, investigations, or related field; Strong understanding of BSA/AML regulations, OFAC, KYC, and other relevant regulatory requirements; Experience with AML/CFT software, data analytics tools, and case management systems OR High School Diploma or GED and 8 years of experience in Experience in AML/CFT compliance, investigations, or related field; Strong understanding of BSA/AML regulations, OFAC, KYC, and other relevant regulatory requirements; Experience with AML/CFT software, data analytics tools, and case management systems
CAMS certification, Series 7 and/or Series 24 license
AML/CFT regulatory knowledge
Quality Control methodologies
knowledge of and experience with SEC, FINRA, BSA regulations
Investigative techniques
Data analysis and interpretation
Risk assessment and mitigation
Financial crime risk awareness
Reporting and documentation
Compliance program management
Training and development
effective written and verbal communication skills

Responsibilities

Conduct secondary reviews of alert and case investigations generated through AML surveillance systems by analyzing customer activity to identify potentially concerning Banking and/or Broker/Dealer-related activity
Evaluate work papers, summaries, and narratives to ensure completeness, accuracy, consistency, and adherence to regulatory and procedural standards
Identify investigative deficiencies, trends, and procedure/process gaps
Maintain detailed case documentation supporting investigative conclusions and reporting decisions by preparing clear and concise summaries of existing reviews to provide investigation-specific and program-level feedback
Assist in tracking QC error rates, quality metrics, and remediation activities
Support the development and maintenance of Quality Control procedures and testing and sampling methodologies
Recommend procedure and process improvements based on findings to enhance investigation quality, efficiency, and regulatory/procedural compliance
Monitor regulatory developments and industry trends impacting BSA/AML and Broker/Dealer compliance programs