BSA/FCC Program Advisor

Customers Bank•Malvern, PA

About The Position

This position is responsible for maintaining subject matter expertise for BSA/AML and OFAC related regulations and areas at the Bank. As the second line of defense this position is responsible for providing support, guidance, and oversight of applicable business units within the Bank to understand risks, products, services, and the controls of each business line on any projects and produce implementation. This support includes but is not necessarily limited to researching and opining on compliance questions, due diligence, monitoring new and changing regulations, maintenance and/or review of compliance related policies and procedures, communication and coordination of required regulatory changes, active partnership on all initiatives to provide compliance insight, compliance risk evaluation, and completion of special projects as requested by management. This role may require interaction with internal auditors, state examiners, federal examiners, and other similar regulatory bodies. A critical function of this role will be to maintain accurate and up to date documentation including internal, external, and tracking of compliance issues. As well as follow-up on documented action plans and target date to ensure completion/implementation.

Requirements

Minimum 5 years of experience in BSA/AML, Compliance or Operations analysis roles that work closely with the BSA Compliance area.
Expert knowledge of BSA/AML and OFAC regulations.
Bachelor's Degree or equivalent work experience.
Ability to prioritize and multi-task.
Demonstrated ability to meet deadlines.
Accountable, takes ownership for all actions and sets a high standard for self-performance and completion of tasks.
Apply both technical and general business knowledge to resolve the issues in assigned function.
Time management and priority setting.
Ability to handle multiple tasks simultaneously and work under tight deadlines.
Effective verbal and written communication skills.
Strong analytical, critical thinking and problem-solving skills with the ability to exercise sound and balanced judgment.
Proactive identification of risks and ability to propose solutions.
Ability to work independently as well as with a range of senior managers, peers, and junior colleagues.
Ability to build strong and productive working relationships.
Report writing and documentation.
Maintain up-to-date knowledge of Bank policies, procedures, and industry best practices.
Skilled in drafting, reviewing and updating compliance policies and procedures.
Understanding of how compliance tools integrate with core banking systems.
Experience in interpreting and implementing regulatory changes.
Ability to work with the Microsoft Suite and learn/work with other Customers Bank’s applications.

Nice To Haves

ACAMS or similar certification preferred.

Responsibilities

Maintaining subject matter expertise for BSA/AML and OFAC related regulations and areas at the Bank.
Providing support, guidance, and oversight of applicable business units within the Bank.
Understanding risks, products, services, and controls of each business line on any projects and producing implementation.
Researching and opining on compliance questions.
Conducting due diligence.
Monitoring new and changing regulations.
Maintenance and/or review of compliance related policies and procedures.
Communication and coordination of required regulatory changes.
Active partnership on all initiatives to provide compliance insight.
Compliance risk evaluation.
Completion of special projects as requested by management.
Interaction with internal auditors, state examiners, federal examiners, and other similar regulatory bodies.
Maintaining accurate and up to date documentation including internal, external, and tracking of compliance issues.
Following up on documented action plans and target dates to ensure completion/implementation.
Developing and delivering compliance training to business units.