Regulatory Onboarding Specialist

Huntington National Bank•Southfield, MI

21h•Hybrid

About The Position

The Commercial Regulatory Onboarding Specialist (ROS) will guide the deal team through the Commercial regulatory review process when onboarding or updating customer profiles starting at the time of notification until issuing final approval to proceed. The ROS should have a foundational understanding of OFAC/CIP/KYC/BOCP regulations and familiarity with and high-risk and complex customer types. Additionally, the ROS will perform other regulatory duties such as enhanced due diligence research and performing quality control reviews (QC). High importance is placed on attention to detail, organization, and accuracy while maintaining composure and focus while striving to meet deadlines.

Requirements

Bachelor’s Degree or equivalent work experience
3+ Years in Commercial Banking

Nice To Haves

Bachelor’s degree in business administration or finance
Organization is essential.
Diligent focus on risk, details, and accuracy.
Ability to multi-task, prioritize, and work independently.
Strong critical thinking, decision-making, and analytical skills.
Ability to work in a fast-paced, high-pressure environment with professionalism and courtesy.
Excellence in customer service, highly motivated, and goal oriented.
Demonstrates relationship-building and professionalism with various colleagues, departments, and management.
Takes ownership of workload and has a passion to execute.
Engaged, intuitive, adaptable, resourceful, insightful, and energetic.
Exceptional listening, verbal, and written communication skills.
Skilled with MS Office applications; experience with third-party due diligence

Responsibilities

Specializes in the completion of customer onboarding/refresh in compliance with regulatory guidelines established by the BSA/AML group including the following: collection, review, validation, of CIP documents; KYC; BOCP form or exclusions/exceptions; third-party research; OFAC screening (as applicable) and enhanced due diligence (EDD).
Possesses a clear understanding of the following in order to determine the appropriate level of risk and corresponding requirements: Commercial regulatory onboarding process; BSA/AML policies; emerging risks/OFAC sanctions and market conditions.
Determines tier of onboarding complexity, to proceed with the appropriate level of review and deal team engagement
Works collaboratively with the sales and service teams through a solution-oriented approach while meeting tight deadlines.
Proactively manages workflow and extra duties assigned through independent time management.
Performs quality control reviews as assigned.
Actively seeks opportunities to contribute to the success of the team.
Performs other duties as assigned.