Director of AML Risk - Pittsburgh, PA

First National Bank (FNB Corp.) • Pittsburgh, PA

210d

About The Position

The incumbent is responsible for maintaining effective BSA/AML and Sanctions compliance programs. This includes developing, implementing, and supporting a strong system of controls to prevent the Bank from being used to facilitate money laundering, terrorist financing, and other illegal activities. The individual will be responsible for governance and oversight of AML functions across first and second line units. A successful candidate will bring strong experience with system implementations, control design, and developing risk oversight reporting.

Requirements

• BA or BS
• 10 years of job-related experience
• Excellent management skills
• Excellent communication skills, both written and verbal
• Excellent organizational, analytical and interpersonal skills
• Excellent project management skills
• Ability to work and multi-task in a fast paced environment
• Detail-oriented
• Experience leading the deployment of custom or vendor-based AML solutions.
• Experience with statistical analysis, and quantitative theory.
• Experience with large databases, database design, and analysis techniques and tools.
• CAMS certification

Responsibilities

• Keeps informed of current laws, regulations and common best practices related to anti-money laundering and anti-terrorist finance, and sanctions risk management.
• Assists affiliate AML Officers and AML Department staff with the development or revision of key AML controls.
• Lead the design, build, and implementation of vendor-based or custom-built AML Risk Management solutions (Customer Onboarding, Suspicious Activity Monitoring, Enhanced Due Diligence, Customer Screening).
• Monitors the performance of the BSA/AML and Sanctions Compliance program.
• Identifies potential areas of compliance vulnerability and risk; develops/implements action plans for resolution of complex issues, and provides guidance on how to deter or manage similar incidents.
• Conducts AML due diligence and leads the AML conversion efforts for mergers and acquisitions.
• Maintains contact with regulators, government officials, and senior Business Unit managers.
• Partners with business unit managers to respond to reports issued by regulatory agencies or audit.
• Directs changes in personnel regarding employment, performance ratings, salary changes, promotions, transfers and terminations.
• Advises subordinates, as needed.
• Prepares an annual operating budget and ensures the department operates within its limitations.
• Performs other related duties and projects as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Funds, Trusts, and Other Financial Vehicles
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees