Senior Vice President - BSA / AML / OFAC
11 - 15 years experience • Financial Services
Senior Vice President
BSA/AML/OFAC Compliance Auditor Team Lead
The incumbent will be responsible for the oversight, design and execution of audit coverage for the AML program, including the Bank Secrecy Act, AML, OFAC and related regulatory requirements, and the compliance program.
The coverage responsibilities include the planning, designing, executing and supervising the audit coverage strategy of the AML and compliance program as well as influencing the execution of otheraudits with AML and compliance related risks.
The auditor will be responsible for evaluating management action plans to ensure that they adequately address the audit issue raised, and directing and/or performing internal audit issue tracking and risk-based validation of issues specific to the AML and compliance programs.
The incumbent will also be responsible for designing and ensuring the implementation of continuous monitoring of AML and compliance risks and recommending improvements for departmental improvements.
We are looking for someone with at least 12years of work experience in a control, risk, compliance or audit role at large banking organizations or regulatory experience in a senior management role in compliance or AML. S/he should have a Bachelor’s degree in a relevant major, with a Master’s degree a plus.
The ideal candidate should have an ability to build rapport with internal stakeholders and examiners and have excellent communication and interpersonal skills required with ability to present complex and sensitive issues to senior management. The candidate should have experience in ensuring documentary sufficiency of analytical procedures to support audit standards and bank regulatory expectations and be a proven manager with an established track record of overseeing and executing multiple deliverables.
S/he should have experience establishing and meeting goals, tracking and driving optimization opportunities, and presenting progress.
The candidate should have a capability and willingness to develop staff on technical and soft skills, specific experience using computer assisted auditing tools to improve sampling and test audit assertions and experience as a bank examiner, auditor, consultant or compliance professional with a deep understanding of BSA, AML, and OFAC. CAMs certification or audit certification required. Bilingual abilities are a plus but not a must