Regulation, Compliance, and Anti-Financial Crime (AFC) group manages the company’s risks and helps to avoid unintentional rule breaches and conflicts of interest. At the same time, it also advises on ethical conduct, governance issues and keeps the organization up-to-date on regulatory and political challenges.

The AFC team is accountable for protecting the company from financial and reputational losses incurred by financial crimes by assessing, controlling, and mitigating risks. The SAR QC AVP is responsible for reviewing SAR reports to ensure the accuracy and adequacy of filings.

Key Responsibilities:

• Use independent and professional judgment when reviewing AML investigations in addition to all policies and procedures and meet regulatory standards.
• Monitor case aging and escalate as necessary.
• Participate in departmental projects and initiatives.
• Keep abreast of new rules, regulations, and reputational risks to further ensure/improve our investigation processes.
• Understand business and regulatory requirements and ensure functions are being performed within those requirements.
• Maintain a thorough comprehension of internal AML typologies relating to Correspondent Banking, Private Banking, and Investment Banking clients.
• Manage complex investigations involving matters such as multiple relationship accounts, tiered and multi-faceted transactions; international wires involving the company designated high-risk jurisdictions, and complex structuring schemes to identify potential money laundering or other financial crimes.
• Utilize internal and external sources, and partner with other stakeholders, as necessary, to research and investigate filings
• Work with Team Lead to collate metrics and other data as requested.
• Liaise with Technology to address any potential production issues and software updates and participate in User Acceptance Testing (UAT).
• Draft and prepare SARs and file in accordance with regulatory requirements.
• Review previous suspicious activity to ascertain whether continuing trends of potential anomalous activity exist.

You will have:

• Minimum of a Bachelor’s degree.
• 5+ years as an AML investigator in a transaction monitoring and SAR writing capacity or equivalent experience or education.
• Ability to identify, escalate, and communicate issues to management in an effective and succinct manner.
• Effective decision-making skills and strong problem-solving skills.
• Strong knowledge of AML laws (USA PATRIOT Act), Regulations (Fed, SEC, FINRA), and their application to the supported products/business lines.
• An understanding of the legal and compliance issues of complex banking organizations.
• Ability to work independently and accurately prioritize workload with minimal supervision.
• Correspondent Banking, Private Banking, or Investment Banking experience.
• Operational knowledge of USD payment systems, including SWIFT, CHIPS, ACH, and FedFunds.
• Knowledge of Case Management System, Actimize / Mantas.
• Experience using third-party investigation software.

You will be:

• Good team player with the ability to manage the team’s workload and their own.
• Strong interpersonal skills.
• Strong knowledge of Microsoft Word, Excel, and PowerPoint.
• Experienced knowledge of MS Excel, including pivot tables, macros, filtering, and sorting.
• Working knowledge of effective internet search techniques.
• Excellent writing and communication skills.
• Excellent analytical, judgment, and research skills.
• Strong attention to detail and the ability to multitask.
• CAMS certification is a plus.