AML Manager – Transaction Monitoring Operations
Capital One
Financial Crimes Risk Manager – Crypto
Fifth Third Bank
full-time
Posted on:
Location: 🇺🇸 United States
Visit company websiteSalary
💰 $94,500 - $203,200 per year
Job Level
Mid-LevelSenior
About the role
- Facilitate development and implementation of the Bancorp's Financial Crimes Compliance programs
- Oversee the Bancorp's Financial Crimes programs and ensure compliance with Federal laws, regulations and industry standards
- Evaluate efficiency and effectiveness of existing programs, processes, and controls and propose/implement solutions
- Develop and implement controls for higher risk customer types, including VASPs, and provide ongoing support for these customers
- Collaborate with first line of defense, line of business management, and corporate partners to ensure compliance
- Review and enhance line of business customer due diligence and customer risk rating methodology and scoring
- Provide targeted AML and OFAC training to business unit staff
- Liaise with regulators as appropriate and communicate significant issues to senior management
- Analyze data by delivery channel, geography, product type, and employee to identify risks and recommend scope for review and corrective action
- Develop and execute strategies for closing performance gaps and report findings to Senior Management
- Provide leadership, coaching, and supervision; lead special projects and contribute to risk assessments
- Adhere to Bank Secrecy Act, OFAC, CIP and related reporting and record keeping requirements
Requirements
- Bachelor's degree or equivalent work experience required
- In-depth understanding of digital assets/ crypto currency
- Five years of related work experience, preferably with a BSA/AML compliance department, internal audit, regulated FinTech, or regulatory agency
- CAMS certification a plus
- Demonstrates working or functional proficiency with Microsoft Office Suite
- Able to understand and conceptualize basic statistical analysis and theories
- Solid experience in manipulating (validating, correcting, reformatting, and transforming) data into more than one format (e.g. spreadsheets, flat files, databases, etc.)
- Strong analytical skills required to gather, assess and present quantitative and qualitative data
- Ability to develop and support conclusions and make practical recommendations to the business Lines and/or Affiliates
- Ability to develop and implement controlled, systematic step-by-step processes based on guidance and procedures
- Ability to work independently and in a team to plan and accomplish a project, identifying responsibilities, tasks, deadlines and pursuing their timely completion
- Ability to work with other units such as Legal, Audit, or Business Unit to identify and solve problems
- Advanced understanding of the operations and inter dependencies of the Affiliates and Bancorp
- Excellent oral and written communication skills
