Compliance Officer - Financial Crimes Oversight & Risk Assessment (Remote)

Overview

This is a remote role that may be hired in several markets across the United States.

The AML/CFT Compliance Officer is responsible for supporting the effectiveness of the organization\'s Anti-Money Laundering and Counter-Financing of Terrorism program. This role involves developing and/or challenging Risk and Control Self Assessments (RCSA) and supporting the creation of the enterprise AML and Sanctions Risk Assessments on a periodic basis. This role also entails analyzing data and providing guidance to business units on AML/CFT compliance. The officer will play a key role in identifying, assessing, and mitigating financial crime risks while maintaining a strong understanding of regulatory requirements and industry best practices.

Responsibilities

  • AML/CFT Program Execution and Oversight
    • Monitors the effectiveness and accuracy of AML/CFT controls and recommends enhancements.
    • Conducts Effective Challenge of Business Units’ RCSA related to AML/CFT.
    • Partners with Business Units to accurately capture, assess, and document risks and controls.
  • AML/CFT Risk Assessment Support
    • Supports preparation of enterprise AML and Sanctions Risk Assessments.
    • Sources, validates, and interprets data for discrepancies and risks.
    • Effectively communicates analysis output and prepares reports for management.
    • Executes against methodology to assess key AML/CTF risks across the enterprise.
    • Collaborates with Enterprise Risk Management and other Second Line Partners.
  • Issues Management
    • Manages Issues related to the AML/CFT and Sanctions Programs.
    • Supports business partners through Issues Management Lifecycle.
    • Maintains up-to-date Issues Management reporting.
  • Regulatory Research and AML/CFT Expertise
    • Maintains expertise on AML/CFT laws, regulations, policies, and procedures.
    • Serves as a resource to management and business unit leaders on AML/CFT matters.

Qualifications

Bachelor\'s Degree and 4 years of experience in AML/CFT compliance, investigations, or related field; 6+ years of experience in AML/CFT compliance, investigations, or related field; Strong understanding of BSA/AML regulations, OFAC, KYC, and other relevant regulatory requirements; Experience with AML/CFT software, data analytics tools, and case management systems OR High School Diploma or GED and 8 years of experience in AML/CFT compliance, investigations, or related field; Strong understanding of BSA/AML regulations, OFAC, KYC, and other relevant regulatory requirements; Experience with AML/CFT software, data analytics tools, and case management systems

Preferred Qualifications:

  • Experience with Archer GRC
  • CAMS certification
  • AML/CFT regulatory knowledge
  • Data analysis and interpretation
  • Risk assessment and mitigation
  • Financial crime risk awareness
  • Reporting and documentation

This job posting is expected to remain active for 5 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.

The base pay for this position is generally between $88,000 and $140,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at

#J-18808-Ljbffr Experience: 3 years required
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