Financial Crimes Governance Specialist I

Truist Bank • Wilson, NC

5d

About The Position

Member of a Financial Crimes Governance team executing on one or multiple operational functions established to identify, assess, monitor, communicate and control risks required for a comprehensive and effective Financial Crimes Program. Individual contributor will support and drive enterprise-wide Bank Secrecy Act/Anti-Money Laundering (BSA/AML) and Fraud operational and compliance efforts.

Requirements

• Bachelor's degree in a business-related field or equivalent education and related training.
• Three to five years of substantial, demonstrated experience or equivalent with AML, OFAC, compliance, fraud and/or risk programs including working knowledge of AML and OFAC and Fraud related laws, rules and regulations.
• Strong technical skills, including experience in developing, collecting and reporting metrics to manage execution and compliance and fraud program controls.
• Ability to develop and maintain collaborative relationships with all levels of management and staff.
• Strong project management, organizational, and communication skills, effective negotiation/facilitation skills and business acumen.
• Goal-oriented self-starter with a demonstrated competency in strategic thinking and ability to translate vision into actionable plans.
• Excellent verbal and written communication and interpersonal skills; ability to communicate effectively with Executive Management and line of business managers.
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.

Nice To Haves

• Certified Anti-Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE), Certified risk management specialist, or other qualified, related professional certifications.

Responsibilities

• Support the implementation of major strategic changes with impact across Financial Crimes and Truist. Specialist collaborates with a diverse group of Truist teammates to drive change to ensure governance, program framework, and risk identification components of a comprehensive Financial Crimes (FC) program are performed to uphold and strengthen Anti-Money Laundering (AML) and Fraud controls and compliance with applicable laws, rules, and regulations.
• Support the execution of governance related activities to ensure Truist Corporation remains in compliance with all applicable BSA/AML laws and regulations and Fraud mitigation.
• Responsible for the execution of testing processes second line testing and first line monitoring. Teammate is responsible to support the completion of annual test plan, process, and control monitoring and manage risk as documented and regularly maintained in methodologies, procedures, and reporting routines.
• Complete critical day-to-day operational elements and executing on FC Governance led assessments, including the review and maintenance of procedural documentation, collection and analysis of data gathered from businesses and technology partners, drafting of reports, and communication of results to FC leadership and business partners.
• Provide support program reviews with first and second line teammates. Coordinate and communicate effectively with business management and FC teammates to meet regulatory expectations. Assist with issue management and resolution of issues arising from reviews of the FC program by reviewing parties including, internal testing, Audit as well as regulatory examinations.
• Assist in the documenting of metrics describing performance for fraud and AML programs. Assist in committee and risk leadership reporting development.
• Review and provide support on the execution of the customer identification program, customer due diligence and beneficial owner, client risk rating, and processes with due diligence collection.
• Develops and provides support in communication to lines of business and FC Management.
• Assist in driving FC program initiatives with excellence in scope, timeframes and budget to completion. Provide support in FC program transformational initiatives and assist in executing on the strategic needs of key stakeholders, senior leaders, and executives.

Benefits

• All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.
• Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.
• Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.
• Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees