AML Sanctions Specialist Senior

PNC•Tampa, FL

1d•$63,750 - $127,500•Onsite

About The Position

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success. As an AML Sanctions Specialist Senior within PNC's AML organization, you will be based in East Brunswick, NJ; Washington DC; Tampa, FL; or Phoenix, AZ. Core responsibilities include but are not limited to handling all escalated sanctions alerts and referrals as the ultimate level of review for sanctions customer record and transaction screening escalations. This entails conducting enhanced due diligence (EDD) using certain vendor tools for closed-source research, as well as general open-source research, in conjunction with consultation of relevant sanctions regulations to make final determinations. Must be familiar with and have advanced working knowledge of OFAC, EU, UK, and Canada sanctions regulatory regimes. PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals. PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Requirements

University / college degree, with 3+ years of relevant / direct industry experience.
In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
Bachelors
No Required Certification(s)
No Required License(s)
This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.

Nice To Haves

Compliance Reporting
Customer Risk
Decision Making
Regulatory Requirements
Risk Assessments
Risk Control
Strategic Objectives
Accuracy and Attention to Detail
Anti-money Laundering/Sanctions Policies and Procedures
Audit And Compliance Function
Auditing
Fraud Management
Internal Controls
Problem Solving
Certifications are often desired.

Responsibilities

Develops plans and assists in the overall implementation of enterprise wide and business unit Anti-Money Laundering (AML) and Sanctions Programs to prevent illegal, unethical, or improper business practices.
Assists in the execution and oversight of activities to comply with the Bank Secrecy Act, AML, USA PATRIOT ACT and Sanctions Program requirements.
Developing ability to constructively challenge conclusions/status quo.
Update AML and Sanctions policies and procedures as needed.
Ensure that Compliance Manuals, Front Office Manuals, policies and procedures accurately reflect current laws, rules, other regulatory requirements and management intent.
Independently challenges analyses, reviews and recommendations.
Identify and define the AML and Sanctions objectives for assigned line(s) of business, products/services and applicable regulations.
Communicate and socialize those objectives (from a leadership position) to the business.
Coordinate AML and Sanctions compliance monitoring and oversee preparation of compliance reports.
May serve as a resource regarding AML and Sanctions compliance impact on overall business activities, product development and customer activities.
Prepares and edits AML and Sanctions compliance reports and/or customer risk profiles.
Identifies issues, recommends corrective action plans and escalates through proper governance channels as needed.
Analyzes assessments of AML and Sanctions risk and internal controls.
Researches AML and Sanctions regulatory developments.
Assists, as appropriate, in updating or implementing new/enhanced processes in order to ensure timely and effective compliance with new AML and Sanctions regulatory requirements.
Supports key business initiatives by identifying AML and Sanctions Compliance risks and providing resolutions to manage these risks.
Serves as a resource regarding AML and Sanctions compliance impact on such matters on overall business activities, product development and customer activities.
Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.