AML Governance Specialist

The role:

The AML Governance Specialist role will primarily be responsible for the collection of documentation for regulatory exams and other internal and external requests. This role will also assist with the coordination of governance related deliverables, including but not limited to, the creation of executive-level presentations and the tracking and remediation of recommendations. Additionally, this role may also contribute to the AML and OFAC risk assessment process, including assisting the AML Risk Assessment Officer by coordinating with cross-functional business leaders to collect requisite data, configuring risk assessment systems, inputting and analyzing responses and results, and tracking action items and deliverables that derive from the assessment.

What you’ll do:

• Assist in regulatory exams, internal audits, and third-party risk management reviews as it pertains to documenting and providing governance-related materials.

• Monitor new policies and policy changes across Legal, Risk, Compliance, and the Enterprise, where appropriate.

• Coordinate policy updates across the AML Department and ensure policies are reviewed, approved, and presented to applicable committees, as required

• Monitor for and maintain policy exceptions, and ensure exceptions are presented to appropriate committees on a timely basis

• Draft new policies and updates to existing policies as necessary

• Coordinate materials for regulatory presentations (e.g. overviews of AML Departments, process flows, periodic updates, etc.)

• Provide oversight and coordinate the resolution of AML-identified issues, gaps, and risks, and then ensure proper escalation and subsequent tracking of remediation efforts, as applicable

What you’ll need:

• Bachelor’s Degree or Master’s Degree in Finance, Business, Management, or other relevant areas 

• 5+ years of experience in the financial services industry with a demonstrated track record of delivery and/or relevant experience in risk and control management focusing on a variety of large-scale technical projects 

• Effective negotiation and influencing skills, including strong written and verbal communication and presentation skills

• Strong management, organizational, and evaluative process skills.  Ability to analyze complex organizational and technical issues to improve performance and efficiency

• Demonstrated ability to communicate effectively with all levels of the organization, across different business lines, and with external stakeholders

Specific skills in:

• Strong attention to detail and ability to manage multiple projects/initiatives to conclusion

• Interacting with, and presenting to, all levels of management, cross-functional partners, and regulators

• Experience in collecting and coordinating responses to internal and external exams

• Experience contributing to AML and Sanctions governance programs

• Drafting, reviewing, implementing, and/or monitoring policies and procedures

• Familiarity with BSA/AML processes and systems (e.g. transaction monitoring systems, customer screening systems, and other related technologies)