ID
#17812914
Job type
Permanent
Salary
$125,000+
Source
Global Business Consulting Services
Date
2021-08-03
Deadline
2021-10-02

Assistant Vice President - Financial Compliance Technology SME

New York, New york city, 10001

Permanent

Vacancy expired!

Full-Time position (not a contract) / No Visa Sponsorship.

Fortune 500 Banking / Financial Services in NYCThis position is responsible for the development, implementation, monitoring and maintenance of all Compliance related systems, applications and models. This person is to be the Technology SME for Compliance, to ensure all above mentioned are operating effectively and as designed , to adhere to regulatory requirements. This role is designed to be the Compliance liaison to Information Technology Group (“ITG”), Risk Management (“RMG”) and outside Vendors, to coordinate, communicate and escalate issues as needed. Have knowledge of data flows as it relates to Compliance systems. Will attend ITG meetings in relation to Compliance systems or projects, and provide an update at least weekly. Assisting AML with Vendor on-boarding, system/model validation and maintenance process. This person will also work in rotation with other AML team members for review and approval of sanction screening alerts.

Monitor and maintain the Compliance systems such as Actimize, FIS Prime, KYC Prime, KYC Tool, Open Pages and EGRC, to ensure each are operating effectively; based on daily ready for business communication or a request for assistance from the Compliance team.
Enhance/implement vendor and internal tools which would require: business requirement documentation (“BRD”) development, inclusive of industry/departmental requirements, UAT testing, and detailed documentation, including desktop procedures.
Coordinate and engage in all Compliance system/model validations and internal/external testing. Draft and maintain all MRM model governance documentation, as it refers to Compliance systems and models.
Provide documentation, forms and evidence to closed identified issues to RMG.
Generate Compliance reports as required in each tool.
Assist with the Third Party Risk Management process within MARS.
Review/investigate/escalate Sanction alerts as a second reviewer.
Assist the BSA/AML Compliance team in monitoring, measuring and analyzing AML compliance risk.
Provide regular written updates to BSA/AML Officer and members of the monthly Compliance Committee as required.
Assist periodically in conducting BSA/AML specific training sessions.
Attend annual external training to keep abreast of BSA/AML industry changes.
Establish procedures and processes to maintain Compliance systems. Develop and implement Compliance analysis design and criteria. Assist in the maintenance of the BSA/AML Compliance Program, and all Compliance policies and procedures. Advise and assist the Business with the development and implementation of BSA/AML as well as other associated compliance controls, including policies and procedures. Coordinate compliance controls implementation and ensures Bank’s conformity. Reviews: Responsible for ensuring the effective system operation of sanction screening, in-house built and maintained KYC, and all transaction monitoring systems. as well as, BSA/AML system development and implementation to assure adherence to Regulatory guidelines. Create and perform test to validate that the monitoring system are performing as designed.

Education and Work Experience:

Bachelor Degree and 6-8 Years of Financial Crime Compliance Experience
Experience with AML systems:
Actimize- Understanding of Tuning Thresholds and Rules Suitability

Vacancy expired!

Report job