Financial Crimes Analyst Senior I

City National Bank

106d • $71,869 - $114,797

About The Position

Under the direction of the BSA Risk Manager, this colleague is responsible for carrying out regulatory/compliance issuance monitoring, risk assessments, and internal controls testing ensuring that there are adequate processes, procedures and internal controls to promote an effective BSA control environment. Responsible for monitoring, analyzing, and escalating issues and concerns related to BSA, AML, OFAC and the USA PATRIOT Act components of the Bank's BSA Program while utilizing sound and current compliance industry standards and practices. Develop new and/or updates policy and procedures related to BSA, AML, OFAC and the USA PATRIOT Act Bank wide. Plays a key role as a liaison with colleagues throughout the organization related to BSA, AML, OFAC and the USA PATRIOT Act. Responsible for building and maintaining relationships with internal and external customers while providing exemplary customer service. Functions as a backup to the BSA Risk Officer in specific areas as necessary.

Requirements

• Bachelor's Degree or equivalent
• Minimum 5 years of Banking industry experience
• Minimum 4 years of experience in a BSA/OFAC specific role (such as those involving KYC, EDD, financial crime investigations, compliance) at a financial institution
• ACAMS Current Certified Anti-Money Laundering Specialist (CAMS) Certification

Nice To Haves

• Model risk management experience
• Tuning/testing of financial crimes screening models
• Experience with LexisNexis Bridger
• Experience with LexisNexis Fircosoft
• Working knowledge of banking operations and Bank Secrecy Act/Office of Foreign Assets Control regulations
• Experience using Microsoft Word, Excel and Access required.
• Knowledge and understanding of federal regulations pertaining to the Bank Secrecy Act and Office of Foreign Assets Control required.
• Excellent problem solving and analytical skills required.
• Excellent verbal/written and written communication skills required to interact with all levels of Bank personnel and outside contacts.
• Experience with quality control, audit or compliance testing is preferred.

Responsibilities

• Carries out regulatory/compliance issuances monitoring, risk assessments, and internal controls testing ensuring that there are adequate processes, procedures and internal controls to promote an effective BSA control environment, under the guidance of the BSA Risk Manager.
• Analyzes and escalates issues and concerns related to BSA, AML, OFAC and the USA PATRIOT Act components of the Bank's BSA Program while utilizing sound and current compliance industry standards and practices.
• Identify gaps and deficiencies in related BSA functions, processes, policies and procedures as well as create and implement corrective actions and track gap remediation.
• Develops and presents training to assist in gap remediation and required enhancements.
• Communicates and escalates (as assigned) identified BSA, AML, OFAC and USA PATRIOT Act operational concerns to the appropriate level of management.
• Completes special projects as assigned.
• Attends internal and external meetings, seminars, workshops, etc. to expand professional expertise.
• Maintains up-to-date knowledge of Bank policies, procedures and industry best practices.

Benefits

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees