AML Program Governance Manager
| Company | Raymond James Financial |
|---|---|
| Location | Pittsburgh, PA, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior, Expert or higher |
Requirements
- Bachelor’s Degree (B.A.) from a four-year college or university in a related field, such as legal, finance, accounting, law enforcement or social sciences-related field.
- A minimum of 8+ years’ experience in banking, AML and OFAC is required.
- Requires a thorough understanding of AML and OFAC regulations and program governance to execute the Bank’s requirements.
- ACAMS certification is preferred or required to obtain as part of maintaining the role.
Responsibilities
- Provide oversight and management of comprehensive AML/FCM policies and standards governance to ensure documentation is comprehensive and adheres to regulatory requirements.
- Assist the AML Officer, Enhanced Due Diligence (EDD) and Client Intelligence Unit (CIU) Manager to develop and deliver AML Program training programs for all business line stakeholders.
- Partners with the AML/FCM Business Analytics Manager to conduct the annual AML and OFAC risk assessment.
- Assist in AML and OFAC model validation and rule tuning exercises, including quarterly Section 311 Special Measures testing.
- Oversight and management of the Issue Management process to proactively identify and report open issues, which includes timely remediation and closure.
- Compiles and delivers monthly AML and OFAC management reporting for the AML Officer, which includes presenting to Bank leaders and business line stakeholders regarding key program metrics.
- Manages AML and OFAC Program recordkeeping and retention requirements.
- Manages all internal audit and regulatory examination activities to ensure a seamless assessment of the Bank’s AML and OFAC Program.
- Partners with Raymond James AML Program Governance & Oversight team to enhance and manage the Bank’s Regulatory Change Management, Key Risk Indicators (KRIs), Key Performance Indicators (KPIs), and Emerging Risks framework.
- Provide guidance to business line stakeholders related to AML and OFAC compliance matters and risks.
- Participate in new product offerings to develop key AML and OFAC processes and projects to ensure successful execution.
- Serve as liaison with business lines to obtain access to relevant data, systems and issues reporting to ensure effective operations of AML Program Governance and oversight of first line of defense activities.
- Works closely with the AML Officer to execute other strategic initiatives, process improvements and program enhancements for the AML and OFAC.
Preferred Qualifications
- Professional experience in treasury management, loan and deposit operations is a plus.
- Basic knowledge of FiServ FCRM, WireExchange, CWS and/or Signature Desktop a plus.