Regulatory Compliance Analyst

City National Bank of Florida•Coral Gables, FL

About The Position

The Regulatory Compliance Analyst assists all LOBs to ensure adherence to the 1st line of defense controls, facilitate enhance due diligence when requested for all frontline personnel, support with ad hoc projects related to mitigating risk and conduct testing and training of key regulatory matters, such as: Know Your Customer (KYC), Customer Identification Program (CIP), etc. The position requires an effective and proactive individual that can take responsibility of key organizational issues; have good judgment and be able to make decisions in a timely manner; be able to meet deadlines; have stellar problem-solving skills.

Requirements

2-4 years of previous BSA Analyst or sufficient BSA and new account experience.
Good working knowledge of bank operations.
Ability to conduct thorough enhance due diligence.
Ability to easily navigate and understand the questions to confidently reach out to frontline personnel.
Ability to balance competing priorities.
Must be able to multi-task and work without supervision.
Ability to use systems/softwares such as: Navigator, Web Director, Adobe as required
Proficient in Microsoft Office: Word, PowerPoint and Excel.

Nice To Haves

Associate's Degree in Business Administration or related field preferred.

Responsibilities

Prepares department reporting and assists in KRI processes.
Performs basic and enhanced due diligence screenings on exceptions and onboarding requests from LOBs.
Determines when to escalate to Management and/or BSA.
Assist the LOB Risk Compliance Director during regulatory examinations and internal/external audits for the front lines.
Assist in testing of updates and enhancements to front lines systems, processes and products.
Assist with QC of KYC on new onboarded and existing clients as needed.
Conduct regular compliance assessments to identify red flags.
Communicate effectively with internal and external partners.
Efficiently assist with investigations and requests.
Maintains strong product and system knowledge.
Must be well versed in New Account openings.
Effectively communicates with other departments within the Bank, fully understanding the importance of teamwork and communication.
Works closely with all lines of business and other departments to deliver an integrated and seamless experience for clients.
Provide support and training to the lines of business regarding development and implementation of new compliance policies and procedures.
Provides support/manage any projects or issues that need to be handled to maintain effective Department processes.
Provides subject matter expertise to all LOBs on specific compliance requirements and regulations.
Maintain current knowledge of federal and state laws and regulations.