Remote AML Transaction Monitoring Investigations Team Lead - Assistant Vice President

Job Description:

Job Title: Remote Anti-Financial Crime/Anti-Money Laundering Model Developer

Corporate Title: Vice President

Location: Remote work opportunity for candidates living in: AZ, CT, DC, FL, GA, IL, MD, MO, NJ, NM, NC, PA, TX, NY, TN, NE, VA, AR, CO, ID, KY, ME, MA, MI, MN, MT, NH, ND, OH, RI, UT, VT, WV, WY

Overview

The Bank benefits from having a highly experienced and dedicated Anti Financial Crime (AFC) function, which performs a crucial role in keeping the business operations and global financial services clean from financial crime while serving the interests of the bank and society. Our regional/global matrix structure allows for flexible responses to challenges in the core areas of: Anti-Money Laundering, Sanctions & Embargoes, Anti-Fraud, Bribery & Corruption, Investigations & Intelligence, Monitoring & Screening, and Risk Assessment.

Our AFC Team will provide you with opportunities to learn, grow and define your career. We foster an open, diverse, and inclusive team culture, that is engaged and well-supported for prosperity and enjoyment of a life/work balance.

What We Offer You:

• A diverse and inclusive environment that embraces change, innovation, and collaboration
• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
• Employee Resource Groups foster an inclusive workplace for everyone and promote community engagement
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
• Educational resources, matching gift, and volunteer programs

Remote work opportunity for candidates living in: AZ, CT, DC, FL, GA, IL, MD, MO, NJ, NM, NC, PA, TX, NY, TN, NE, VA, AR, CO, ID, KY, ME, MA, MI, MN, MT, NH, ND, OH, RI, UT, VT, WV, WY

Your Key Responsibilities:

• Use independent and professional judgment when reviewing AML investigations in addition to all policies and procedures and meets regulatory standards. Utilize internal and external sources, and partner with other stakeholders, as necessary, to research and investigate cases. Manage complex investigations involving matters such as multiple relationship accounts, tiered and multi-faceted transactions; international wires involving the Bank designated high risk jurisdictions, and complex structuring schemes to identify potential money laundering or other financial crimes. Monitor aging cases and escalate as necessary
• Participate in departmental projects and initiatives and participate in Below-the-Line (BTL) and/or Above-the-Line (ATL) testing to ensure/improve model effectiveness. Work with the Senior Investigations Management 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)
• Stay up to date on any new rules, regulations, and reputational risks to further 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
• Prepare and write Suspicious Activity Reports (SARs) as necessary. Review previous suspicious activity to ascertain whether continuing trends of potential anomalous activity exists
• Perform oversight functions by analyzing the completed investigations conducted by the investigator focused on the review of alerted transactional activity. Work closely with investigators daily to ensure work is prioritized based on staffing and capacity. Provide consistent qualitative feedback to the Investigators in accordance with procedural guidance
• Promote growth and development within the team and provide feedback as necessary. Provide ongoing training and guidance to new and current investigators. Foster an inclusive team environment that promotes opportunity, diversity, and innovation as well as lead departmental projects and initiatives

Expectations

Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, location, and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.