Vice President - AML/KYC Assurance/Client On Boarding - BFS

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

- Advanced degree will be viewed positively.

- 7-10 years of experience in a large multinational financial institution, consulting firm or law firm, in an AML role.

- 5-7 years Assurance/Audit or related experience (i.e. Compliance testing) in a large multinational financial institution

- CAMS certification preferred.

- Solid experience dealing with regulators, regulatory examinations, and regulatory inquires.

- Prior experience building and managing a team of astute investigations / quality assurance professionals.

- Proven knowledge and understanding of AML, Sanctions, and ABC regulatory requirements in which the firm operates.

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

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

Accountability, Scope and Leadership

- The role draws from extensive experience in interpreting risk in a correspondent banking environment.

- Role is required to have a strong conceptual understanding of the activities undertaken across FCC.

- Delivers on key objectives by translating complexities between CA/operational process, product, and/or regulatory requirements into a cogent, workable solution.

- Lead the delivery of a process that ensures FCC is meeting high quality and effectiveness standards thereby positively impacting regulatory relationships and Group standing.

Knowledge and Expertise

- Is able to articulate the specific business products or support services; is able to describe the processes and controls that underpin them, along with the key risk points

- Demonstrates in depth knowledge of the Continuous Assurance Methodology and can accurately describe the following principles:

(1) Assurance's placement within the three lines of defence from an FCC perspective.

(2) Fundamental Differences between Continuous Assurance and Deep Dive Thematic Assurance.

(3) Sampling strategies to minimize sampling risk and ensure representative sampling.

(4) Approaches to performance of Root cause Analyses at both the Case and Control level and Assessment of the Likelihood and Impact of Control Failure.

(5) Regulatory Approaches to conducting a BSA/AML Audit (e.g.. FFIEC Guidance).

- Demonstrates strong understanding of Compliance regulations, industry best practices, knowledge of global procedures and policies, with deep subject matter expertise in AML. Adept in understanding and able to coach downstream impact of risk.

Problem Solving, Complexity and Influence

- Makes sound decisions; bases decisions on fact rather than emotion; analyses problems skillfully; uses logic to reach solutions; shows an "investigative" mind-set.

- Demonstrates confidence to defend decisions while maintaining effective working relationships. Has built respect with 2nd line partners through contribution of Assurance assessments to the function. Adept in engagement with regulators.

- Communicates clearly and concisely (written and verbal) demonstrates engaged listening skills; able to maintain composure in a stressed situation; reads non verbal communication queues. Is able to communicate difficult messages without creating conflict or destroying trust. Clearly influences outcomes.

- Has experience in management/supervisory responsibility. Management capability demonstrated through coaching, developing, supervising or influencing of others; experience in workflow management