Senior Compliance Analyst

RF•St. Michael, AK

171d

About The Position

The role of the Senior Compliance Analyst will lead and guide the activities of the Compliance Analysts, ensuring that monitoring, reporting and operational compliance activities are executed efficiently. Along, with helping to drive adherence to regulatory requirements and internal standards, strengthening the Group’s overall compliance culture and operational resilience.

Requirements

Bachelor’s degree in Business Administration, Finance, Risk Management or related field
Minimum of 3-5 years’ work experience in compliance, AML/CFT, or risk management within financial services or investment industries
Required to attain internationally recognized credentials in the area of compliance (e.g., CAMS or ICA Diploma) within six (6) to twelve (12) months after your appointment; and maintain continuous professional education necessary to retain your credentials and keep current with developments with the compliance industry
Microsoft Office suite proficiency
Ability to work independently with minimal day-to-day oversight, while also being able to work collaboratively across teams, on (a) matters impacting the performance of key responsibilities and (b) challenges with CFC compliance by the Bank
Ability to work additional hours including public holidays that fall within your home jurisdiction when required to support Group operations, especially where those holidays are not observed in other jurisdictions
Ability to travel on a periodic basis as required
Ability to meet deadlines and produce work that is at a professional level (i.e., free from grammatical errors, typos and otherwise sloppy mistakes
Ability to maintain confidentiality and handle sensitive information appropriately
Have strong written skills, the ability to understand and analyze operational functions, excellent problem-solving, and excellent interpersonal and communications skills; and adhere to the highest degree of professional standards and strict confidentiality.

Nice To Haves

Experience supervising or mentoring junior staff is an asset

Responsibilities

Performing quality-control checks on analysts’ work including verification of customer due diligence (CDD), enhanced due diligence (EDD) and other compliance assessments.
Performing and participating in annual quality control reviews and other periodic monitoring activities of the CFC compliance program for the Bank.
Supervising the review of account documentation, KYC files, high-risk customer reviews and quality control checks completed by the Compliance Analysts.
Performing compliance activities as needed, including tasks typically assigned to Compliance Analysts, particularly during staff absences or when additional support is required to reinforce department resources.
Ensuring findings, exceptions and breaches are properly documented, escalated and tracked to resolution.
Assisting in the investigation of unusual or suspicious activity cases. Ensuring all regulatory forms are accurately completed and filed within the designated timeframe.
In the absence of the MLROs, being the central point for communication of all unusual or suspicious activity identified through due diligence and enhanced procedures performed on an on-going basis or referred by other units of the Bank.
Assisting with the handling of enquiries from the law enforcement or regulatory authorities.
Preparing and maintaining figures/information on compliance activities, monitoring results and emerging risks, for submission to the CO/MLRO’s for their monthly or quarterly management report(s).
Supporting the Compliance Officers (COs), in implementing and maintaining the compliance programs across the Group.
Monitoring changes in laws, regulations and trends both locally and within the regions the Bank operates and shares information with the Compliance and Regulatory Reporting Analysts, and the jurisdictional COs/Money Laundering Reporting Officer(s) with a view of establishing enhanced controls to mitigate compliance risk for the Bank. Therefore, it is expected that a current knowledge of all the compliance rules and guidelines are maintained and that continuous and on-going dialog with the AVP, Risk & Compliance and / or COs/MLROs occurs on such matters.
Perform the activities that ensure the Bank complies with FATCA/CRS obligations under the jurisdictions which the Bank operates across the variety of business units.
Providing daily supervision, coaching, and quality control oversight of Compliance Analysts.
Assigning and reviewing work, ensuring accuracy, completeness and adherence to established standards.
Providing corrective feedback, coaching and support to analysis to strengthen review quality and maintain consistent compliance standards.
Supporting the COs in promoting a strong compliance culture across “The Bank”.
Delivering or assisting with coordinating training on regulatory obligations, emerging risks, and compliance best practices.
Contributing to the maintenance of the Bank’s Countering-Financial Crimes (CFC) compliance policies, internal control procedures and frameworks.
Ensure Compliance Analyst(s) are trained and aware of relevant regulatory changes.
Ensuring the CFC record-keeping requirements are always adhered to.
Performing other associated duties as requested by the AVP, Risk & Compliance, and/or Compliance Officer(s)/MLRO(s) and/or the Audit & Risk Management Committee of the Board of Directors.