This position is responsible for many aspects of the franchise-wide AML risk mitigation program in TTS Product. The position works closely with Internal Audit and Compliance partners on multiple things including management for exams and audits, guidance for new product approvals, responses to OCC Consent orders, and driving TTS work streams of global AML programs.
Watch: Career Advice
Provide business oversight and lead operationalization of various components of the AML Program for TTS, including KYC, transaction monitoring, sanctions and other AML policy/ regulatory requirements
Support AML advisory & approval for TTS products, deals, projects etc. and ensure TTS management is kept updated on relevant AML risks and concerns
Help product teams and compliance assess AML risk for new products and businesses based on globally approved guidelines
Assess impact of proposed changes to AML policies/ procedures/ guidelines and work with Compliance to ensure the business operates in line with regulatory requirements
Provide business oversight to the AML monitoring program for TTS; work with Compliance to develop appropriate AML monitoring framework for key high risk programs
Monitor and track progress of significant AML initiatives for TTS globally and develop milestone reports for senior management
Support the TTS business in AML-related internal or external reviews, including managing exam preparation and deliverables, setting up steering committees for management updates, drafting responses to findings and tracking execution of corrective actions
Represent the TTS business and provide AML subject matter expertise at various global and regional committees and working groups
Coordinate with regional AML Risk team to ensure consistent approach to AML Risk issues and effectively communicate updates and promptly escalate issues and concerns
Developmental Value:
The position offers substantial experience in overseeing cross functional efforts to coordinate and manage AML Risk from a business perspective. The individual will further enhance subject matter expertise in new and emerging AML issues in Trade and Transactions services, particularly with respect to New Payment Methods.
Qualifications
Knowledge/Experience:
Global mindset and proven record of leadership experience in managing complex processes and/or large projects
Risk management, AML or Compliance job experience
Experience in the Treasury and Trade Services industry related projects and/or technology projects
Broad understanding of TTS products
The ability to effectively manage and navigate through multi-faceted disciplines throughout the organization
Skills:
Deep cash management product knowledge
Strong negotiation, analytical and organizational skills
Excellent interpersonal and effective communication skills are a must. Strong Technological Proficiency/ Knowledge
Superior analytical/creative thinking skills
Preference will be given to candidates familiar with TTS products, US regulatory regime and related Compliance/ risk management/ regulatory experience
Competencies:
Ability to assess complex processes and deliver practical solutions
Ability to accurately analyze data and produce reports
The ability to effectively manage and navigate through matrix environment Strong management and interpersonal skills
Excellent oral and written presentation skills
Excellent influence and negotiation skills
Ability to build relationships with key Clients and Senior Stakeholders
Excellent organizational, planning, and prioritization skills
Executive presence; ability to have voice heard
Excellent verbal, written and interpersonal communication skills: Ability to communicate clearly and concisely in all aspects of the job and with multiple audiences in mind
Other Qualifications:
Masters or Work equivalent with at least 12 years of risk management or compliance or regulatory experience in the banking sector.
Send To A Friend
Posts
