Sr Manager, AML/BSA Compliance
This job is no longer active.
View similar jobs.
POST DATE 9/2/2016
END DATE 12/7/2016
Synovus Financial Corp.
JOB DESCRIPTIONOriginal Posting date:
Sr Manager, AML/BSA Compliance
Area of Interest:
Legal & Compliance
Jordan Building-Floor One
Minimum Education: Bachelor's Degree in Business Administration or related discipline, or an equivalent combination of education and experience
Minimum Experience: 8+ years of professional BSA, AML, and OFAC Compliance experience within the financial services industry with 3 years of supervisory/managerial experience in BSA, AML, and OFAC compliance
Required Knowledge, Skills, & Abilities:
- High level of knowledge and understanding of the Bank Secrecy Act, Anti-Money Laundering laws and regulations, and the Office of Foreign Asset Control sanctions and requirements
- Strong proficiency using Microsoft Word, Excel, and PowerPoint
- Excellent communication skills and the ability to effectively communicate verbally and in writing
- Strong analytical skills and the ability to derive logical conclusions based on facts and data
- Interpersonal skills and the ability to comfortably speak with individuals of all levels within and outside the company
- Organizational skills and the ability to maintain, sort, and store data in a logical manner
Certification(s): CAMS certification required
Additional Job information:
Preferred Knowledge, Skills, & Abilities:
- Certification in BSA/AML/OFAC compliance
Assists in the coordination, administration and management of the enterprise-wide Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Office of Foreign Asset Control (OFAC) Compliance Program. Acts as the OFAC Compliance Officer coordinating the application, management, and reporting for OFAC laws and regulations. Acts as backup for the Corporate AML/BSA Officer/ Director AML/BSA Compliance assisting with department management and oversight.
Job Duties and Responsibilities:
Assists the Director AML/BSA Compliance, Senior Management, and the Board of Directors as needed regarding the requirements of BSA, AML, and OFAC laws and regulations; also assist in coordinating reporting as required by these laws and regulations.
Assists in ensuring the enterprise's compliance with federal regulations derived or related to BSA, AML, and OFAC.
Establishes documented short-term and long-term objectives for all projects and assignments.
Assists in the coordination and consulting with legal counsel, auditor, and/or examiners regarding BSA, AML, and OFAC compliance issues.
Assists in the coordination of BSA, AML, and OFAC internal compliance audits and examinations.
Assists in the coordination of policy, procedure, and process updates and revisions as necessary to meet BSA, AML, and OFAC compliance requirements.
Responsible for coordinating the management and oversight of high risk customers, ensuring proper risk ratings, completion of on-site reviews, and the maintenance of associated documentation and reporting to senior management.
Assists in the management of the day-to-day activities of the AML/BSA/OFAC Compliance department. Provides leadership, direction and growth opportunities to direct reports within the department, performing those responsibilities in accordance with the Company's policies and applicable laws. Responsible for interviewing, hiring, planning, assigning or directing work, appraising performance, disciplining team members and resolving problems for team members who are direct reports. Work with the Human Resources Department to resolve more complex team member-related issues.
Each team member is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations and risk limits specific to their role. Additionally, they should raise and report known or suspected violations to the appropriate Company authority in a timely fashion.
Performs other related duties as required.
The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Synovus is an Equal Opportunity Employer supporting diversity in the workplace. M/F/D/V/AA
Synovus is an equal opportunity employer supporting diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.