Principal AML/CFT Compliance Officer - Sanctions (Remote)

First Citizens Bank•Raleigh, NC

7h•Remote

About The Position

The Principal AML/CFT Compliance Officer is a highly specialized individual contributor role responsible for providing expert guidance and leadership on complex AML/CFT matters. This position will function as the FCB Sanctions Officer and provide strategic direction for all sanctions related compliance programs. The role is responsible for establishing the strategic vision for the Sanctions Program, as well as developing and implementing policies and standards. The Sanctions Officer will advise leadership and business unit management on Sanctions related matters and provide relevant subject matter expertise to the enterprise. The position will also build and maintain strong relationships with regulatory agencies and OFAC and act as the central point of contact with internal and external counsel in all Sanctions related matters.

Requirements

Bachelor's Degree and 8 years of experience in Experience in AML/CFT compliance, investigations, or related field, with demonstrated expertise in a specialized area
Deep understanding of BSA/AML regulations, OFAC, KYC, and other relevant regulatory requirements
Proven track record of leading complex investigations and developing innovative compliance solutions
Excellent analytical, communic
High School Diploma or GED and 12 years of experience in Experience in AML/CFT compliance, investigations, or related field, with demonstrated expertise in a specialized area
Leadership
AML/CFT regulatory knowledge
Investigative techniques and Enhanced Due Diligence
Data analysis and interpretation
Quality assurance methodologies
Risk assessment and mitigation
Financial crime risk awareness
Reporting and documentation
Compliance program management
Training and development
Stakeholder management and communication

Responsibilities

Serve as the organization's leading expert on complex AML/CFT regulations and their interpretation.
Provide strategic guidance to senior management, business units, and other stakeholders on highly complex compliance matters.
Develop and implement enhanced AML/CFT frameworks, policies, and procedures.
Lead the development and execution of specialized training programs on high-risk areas.
Lead investigations into highly complex and sensitive cases of potential financial crime.
Conduct in-depth analysis of transaction patterns, customer behavior, and emerging risks.
Develop innovative approaches to identify and mitigate financial crime risks.
Collaborate with law enforcement, regulatory agencies, and industry peers on complex investigations and intelligence sharing.
Lead due diligence review process for higher risk clients.
Conduct comprehensive reviews of the AML/CFT program to identify gaps and areas for improvement.
Recommend and implement enhancements to existing policies, procedures, and controls.
Evaluate and implement new technologies and tools to enhance AML/CFT monitoring and detection capabilities.
Represent the organization in high-level discussions with regulatory agencies and external examiners.
Monitor and analyze regulatory changes and emerging industry trends.
Contribute to thought leadership and influence industry best practices in AML/CFT compliance.
Mentor and guide less experienced AML/CFT professionals.
Collaborate with other compliance teams to ensure a cohesive and integrated approach to risk management.
Share knowledge and expertise across the organization.