Analyst/Team Lead - Continuous Assurance AML

- Responsible for executing testing of core FCC processes in order to provide assurance to risk control owners and regulators that the AML control environment is operating at a satisfactory level of effectiveness.

- Perform duties of - Senior Reviewer- as mentioned in the CA Methodology and at the direction of the CA Manager.

- Evaluate effectiveness of the AML program in mitigating banks residual risk footprint through an assessment of first line FCC controls with a specific focus on Transaction Monitoring Controls administered by Financial Crime Surveillance Unit and FCC Regional Controls teams.

- For risk events assessed, determine whether deficiencies exist in risk event outcomes, application/design of controls, quality of personnel, and management of process.

- In the event that deficiencies are identified in risk events reviewed or if CA identifies a rework perform a root cause analysis with corrective actions recommended.

- Monitor completion of corrective actions assigned to risk events and escalate control deficiencies identified.

- In the event that internal or external reporting is necessary, ensure parties and activity connected to the suspicious activity have been identified and reported.

- Ensure timely follow-up of corrective actions by process owners.

- Perform supervisory reviews on the work of CA analysts to ensure that outcomes reached are appropriate and to ensure adherence to CA policy and standards.

- Perform targeted reviews in line with CA sampling/review methodology.

- Assist in maintaining and updating CA policies, procedures, and program infrastructure.

- Assist in driving best practices and administering training to the CA team.

- Proactively manage time and prioritize tasks to meet testing goals and regulatory requests.

- Provide data, documentation, and/or walkthroughs requested by Monitor(s), regulators, and Internal Audit.

- Bachelor degree in Business, Finance, Economics, International Affairs or related field of study, from an accredited institution, or equivalent qualification.

- Advanced degree will be viewed positively.

- 3-5 /5-7 years of experience in a large multinational financial institution, consulting firm or law firm, in an AML role.

- 1-3 / 3-5 years Assurance/Audit or related experience (i.e. Compliance testing) in a large multinational financial institution

- CAMS certification preferred.

- Proven knowledge and understanding of AML and Sanctions.

- Detailed understanding of SAR Filing and Transaction Monitoring standards and processes.

- Extensive experience with Transaction Monitoring and Investigations case management systems.