Corporate Compliance - FCIC Governance Analyst

Golden 1 Talent Acquisition Team•Sacramento, CA

1d•$85,100 - $90,000

About The Position

As the FCIC Governance Analyst, you will serve as a key subject matter expert within the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Sanctions compliance programs. This role is responsible for developing and maintaining a governance framework that aligns with regulatory requirements and best practices. The Sr. analyst plays a critical role in the Credit Union projects, annual risk assessment(s), develops and reviews policies and training content, and collaborates with various stakeholders to ensure effective compliance across the organization. This position has an opportunity to work in a dynamic and fast-paced environment, where the contributions will directly impact G1’s compliance posture and operational success of G1. FCIC is a 2LOD function providing support within Compliance organization and oversight for 1LOD functions. This position has the authority to investigate and report regulatory compliance concerns or findings to management and make recommendations for further consideration and corrective action.

Requirements

Bachelor’s degree or equivalent work experience.
5+ years of experience in financial crime compliance. Strong understanding of BSA/AML regulations, financial crime trends, and risk management practices.
Solid knowledge of applicable compliance laws, rules, regulations
Ability to communicate at a management level (oral and written) and work well with others in a dynamic team environment.
Exhibit initiative and inspire to work with minimal supervision.
Organizational skills and ability to work through multiple contemporaneous matters.
Solid judgment of priorities and high integrity.
Proficiency in Microsoft Word, Excel, and PowerPoint as well as Adobe Acrobat Pro and SharePoint.

Nice To Haves

CAMS or comparable advanced BSA/AML & Sanctions training and/or certification, preferred.

Responsibilities

Maintain and assist with enhancing a comprehensive governance framework for the BSA/AML and sanctions program, ensuring alignment with regulatory standards and organizational objectives.
Review policies and procedures related to BSA/AML and sanctions, ensuring they reflect current regulations and best practices; recommend updates as necessary.
Periodically evaluate 1LOD procedures to ensure alignment to the enterprise BSA & Sanctions policies.
Evaluate first line of defense (1LOD) controls through periodic risk assessments to identify potential vulnerabilities in the BSA/AML and sanctions program; collaborate with relevant stakeholders to address identified risks.
Evaluate effectiveness of the transaction monitoring system(s) (TMS) and make recommendations to improve the effectiveness, as necessary.
Participate in projects as a BSA and Sanctions Subject matter expert.
Contact for Vendor management for contract review to identify potential BSA and/or sanctions risk to G1.
Prepare detailed reports and presentations for senior management and the Board, outlining governance metrics, compliance status, and risk assessment findings.
Design training programs to enhance staff understanding of BSA/AML regulations and sanctions compliance, fostering a culture of compliance throughout the organization.
Liaise and collaborate with internal departments and external regulatory agencies to ensure effective communication and coordination regarding BSA/AML and sanctions governance, including complex projects.
Participate in ternal audits and regulatory examinations, as required.
Stay informed on changes in regulatory requirements and industry trends; recommend and implement improvements to governance practices based on findings.