AVP, Compliance Officer

Full Time




Areas of focus: PAR, Transaction Monitoring, Investigations and SARs, Account Opening and Maintenance, Regulatory Reviews

Note: Team members will have several areas of focus based on experience and training. Cross-training is encouraged and overtime all Compliance Officers should be able to perform all tasks

Area of focus – Transaction Monitoring:

Investigate and clear profile exceptions, flags and real time eGIFT blocked items

Area of focus – Investigations and SARs:

Conduct a financial crime investigation research and file a SAR

Complete a risk assessment (BSA/AML and OFAC)

Area of focus – Account Opening and Maintenance:

Review customer onboarding package and maintenance requests

Area of focus – Regulatory Reviews:

Complete recurrent regulatory reviews

Additional tasks for all areas of focus:

Support and respond to audit and regulators examinations

Conduct general research of an individual or entity (general news, adverse news, sanction list, registered agent website, etc.)

Prepare or support in the preparation of reports for NY Compliance Committee or other governance meetings, requests from regulators, auditors, Head Office, etc.

Additional tasks related to the Yearly Compliance Plan as needed. Leading or participate in projects

Job Requirements:

1. Knowledge Required

“Industry Knowledge” Knowledge of U.S. banking business, including middle market banking business, commercial lending, syndicated lending and other relevant products

Knowledge of the working of trusts, off-shore companies and other vehicles commonly used by clients to open accounts

Knowledge of credit facility terms, covenants and documentation

Ability to read and understand financial statements

“Compliance Knowledge” Knowledge of general Banking Compliance and Compliance Risk

Knowledge of Bank Secrecy Act (BSA), Anti-Money Laundering (AML), USA Patriot Act (Anti-Terrorist Financing), Foreign Assets Control regulations (OFAC), third party (subcontractor) risk

2. Tasks to Perform

Area of focus – PARs:

Review and complete a Periodic Account Review (PAR)

3. General Skills Required

Communications Effective interpersonal, written and oral communication skills

(Optional) Ability to read and write in foreign language relevant to clients (e.g., Hebrew)

Personal Organization Task organization, prioritization and follow-up skills. Ability to handle multiple assignments and deliver on due-dates. Ability to work in a team (ask for assistance, help others, team player attitude)

Technical Proficiency in the use of various in-house compliance monitoring systems, including data warehouse to generate ad-hoc reports

Proficiency in Word, Excel (tables and data manipulation, pivot tables, charts and data presentation, etc.), and PowerPoint

(Optional) Ability to manipulate large data-sets and perform complex analysis, leverage robotic desktop automation and AI tools

Cognitive/Analytical Strong analytical skills. Attention to detail and quality

-Prior Experience Min 5 years in Financial Services Compliance and 10 years combined Compliance and Management with exposure to Middle Market Lending and Asset Based Lending

– Min 3 years in financial services in Compliance, Audit or Risk. Waived for Internal transfers with 3+ years of experience

Education BA or BS. Major in related discipline, preferable in Accounting, Business, Finance or Law enforcement or a Law Degree CCRP, CRCM, CAMs or comparable certification

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