AML Sr Analyst

Citizens Bank • Providence, RI

223d

About The Position

The AML Due Diligence Senior Analyst provides overall day-to-day operational oversight responsibility for evaluating customer information and taking appropriate action to protect the company against risk of money laundering activity. Responsible for ensuring that all assigned functions and tasks are performed according to the standards set forth by the Bank in addition to government and industry regulations. The Senior Analyst will take responsibility for high priority cases and projects as assigned, including oversight and coordination of designated DDM activities, applicable regulator evaluation, and any other priority assignment delegated from the Head of AML Due Diligence Management. This role does not include direct supervisor responsibilities. Participate in the day-to-day DDM tasks. Address execution errors, productivity deficiencies, and all other vendor management factors associated to assigned functions. Perform assigned high-risk responsibilities to ensure accurate and effective execution. Create and maintain appropriate files and records of all assigned functions for use by AML supervisor staff as well as internal, external, and regulatory examiners during annual audits and examinations. Interface with leadership, internal clients, compliance, business, quality control, and IT stakeholders as needed to sufficiently direct BAU activities for assigned functions. Coordinate necessary communication/meeting protocols when circumstances dictate escalation or bifurcation from standard BAU practices. Understand and follow operational controls to minimize errors. Play an active role in updating and amending operational controls when circumstances dictate escalation or bifurcation from standard BAU practices.

Requirements

• Proven oversight/monitoring skills in due diligence-related reviews.
• Ability to communicate effectively at appropriate levels.
• Ability to work in a fast-paced, high volume workflow process.
• Strong industry knowledge of AML-related regulations and practices.
• Industry certification and/or specialized training in AML disciplines.
• Bachelor's Degree (or higher) strongly desired, or experience in lieu of degree.

Responsibilities

• Provide day-to-day operational oversight for evaluating customer information.
• Ensure all assigned functions and tasks are performed according to standards set by the Bank and regulations.
• Take responsibility for high priority cases and projects.
• Oversee and coordinate designated DDM activities.
• Address execution errors and productivity deficiencies.
• Perform assigned high-risk responsibilities for accurate execution.
• Create and maintain files and records for audits and examinations.
• Interface with leadership, internal clients, compliance, and IT stakeholders.
• Coordinate communication and meeting protocols for escalations.
• Update and amend operational controls as necessary.

Benefits

• Hybrid work schedule (3 days in office, 2 days remote).

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree