Senior Associate – AML Program Governance

Senior Associate – AML Program Governance

Requirements

• Bachelor’s Degree or equivalent work experience: Finance, Business or equivalent field. – Required.
• 9+ Years Compliance, Legal, Regulatory, or Financial Services. – Required.
• Advanced knowledge of BSA, USA PATRIOT Act, and OFAC Sanctions regulatory requirements.
• Experience planning and executing complex projects including those involving vendor support.
• Experience across the vendor oversight lifecycle, from identification and selection to performance evaluation.
• Experience across the examination management lifecycle, from coordinating with cross-functional partners to interaction with regulatory examiners and validation of remediation efforts.
• Strong analytical skills with the ability to identify detailed compliance and project risks while simultaneously understanding overall strategy.
• A highly motivated self-starter who is adaptive and skilled at navigating the complexities associated with cross-functional projects and large organizations.
• Proven success in working both independently and collaboratively.
• Excellent at managing multiple projects and consistently meeting deadlines.
• Excellent interpersonal skills with experience building strong relationships with a variety of internal and external stakeholders (including examiners and auditors).
• Excellent communication skills, both written and verbal, interacting with non-executive and executive management across business lines and control functions.
• Excellent presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging.
• Demonstrated experience facilitating change to achieve measurable results.

Responsibilities

• Maintain current knowledge of relevant state and federal BSA/AML and OFAC laws and regulations.
• Manage key processes across the vendor oversight lifecycle, including but not limited to: vendor identification, vetting and selection, internal approvals and onboarding, ongoing oversight (e.g., communicating expectations, forecasting and tracking, providing directional guidance, reviewing work product, and evaluating performance to ensure high-quality standards – in accordance with regulatory expectations – are met), and offboarding.
• Develop assumption-based capacity and execution forecasts and track project progress against such forecasts, adjusting as necessary when assumptions change and/or more information becomes available.
• Obtain and organize vendor and project documentation in anticipation of requests for information and analyses from state and federal regulators as well as internal groups such as Third-Party Risk Management and Internal Audit.
• Manage key processes across the state, federal, and Internal Audit examination lifecycle, including but not limited to: liaising with cross-functional stakeholders to coordinate, assign, and provide requests for information and analyses; conducting ongoing oversight (e.g., tracking, providing directional guidance, reviewing responses and artifacts to ensure high-quality standards – in accordance with regulatory expectations – are met, conducting preliminary validation of remediation efforts).
• Support other governance routines and activities as necessary based on evolving priorities and in support of cross-functional strategic initiatives.
• Report to management on status including strategic insight related to risks and opportunities.
• Collaborate with cross-functional stakeholders on a variety of complex matters across the vendor oversight and examination management lifecycle, promptly providing relevant information, expertise, and solutions to challenges that arise.

Preferred Qualifications

• Certified Anti-Money Laundering Specialist (active member in good standing) – preferred
• Certified Regulatory Compliance Manager (active member in good standing) – preferred