VP Foreign Correspondent Banking Enhanced Due Diligence
8 - 10 years experience • Financial Services
VP – Foreign Correspondent Banking Enhanced Due Diligence (EDD) and Alerts (Team Leader)
Our client, a global bank is seeking thier Vice President of Foreign Correspondent Banking Due Diligence and Alerts Team Leader.
The incumbent will be responsible to plan, prioritize and manage the whole EDD projects process and task assignments for compliance risk control; produce monitoring analysis report and manage QA function within EDD team;
He/she will conduct EDD Analysis of Correspondent Banks for (Matters Requiring Attention.)
MRA remediation as well as in compliance with Bank Secrecy Act/USA Patriot Act and review Out-of-Profile Alerts Review.
We are looking for candidates who have a Bachelor’s Degree or above and possess knowledge of Finance/Accounting/Banking.
At least 7-10 years of relevant banking industry and BSA/AML experience and a familiarity with KYC are required and experience as a bank examiner, auditor, risk or technology professional in a regulated environment preferred.
Knowledge of U.S. Banking regulations and compliance practice, compliance risk management, is required. CAMs preferred.