Apply for the US Head Of Compliance position
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Mid-size international commercial bank in New York looking to bring on board a “US Head Of Compliance” to join their team. They are currently in office (2-3 days a week).
Responsibilities:
• Responsible for administering, maintaining, coordinating and monitoring the Bank’s day-to-day compliance with BSA/AML/OFAC/CDD/EDD/KYC/FinCEN/USA Patriot Act, etc.
• Responsible for managing, administering, and enhancing all aspects of the BSA/AML/OFAC monitoring systems, including making sure that appropriate parameters are in place to identify suspicious activity. Monitoring systems include both system reporting, automated account monitoring software as well as sanction system.
• Ensure that all required regulatory reporting is conducted in a timely, accurate, complete and compliant manner
• Maintain an effective CDD/EDD risk rating and monitoring program to include initial and ongoing assessments, and review and analysis of unusual/suspicious account activity.
• Act as a liaison for State and Federal examinations and internal and external independent audits of the Bank’s BSA/AML/OFAC compliance programs
• Responsible for responding to exam and audit findings and overseeing the corrective action of any related compliance deficiencies or violations.
• Responsible for maintaining and updating the BSA/AML/OFAC policies and procedures and seeking approval by the CCO and the board of directors