Financial Crimes Analyst Senior

FINANCIAL CRIMES ANALYST SENIOR I WHAT IS THE OPPORTUNITY?

Under the direction of the Screening Systems Manager, this colleague is responsible for performing model risk management tasks and responsibilities in support of the Bank's screening models. Responsible for monitoring, analyzing, and escalating issues and concerns related to BSA, AML, OFAC and the USA PATRIOT Act components of the Bank's BSA Program while utilizing sound and current compliance industry standards and practices.

Develop new and updates to policy and procedures related to BSA, AML, OFAC and the USA PATRIOT Act Bank wide. Plays a key role as a liaison with colleagues throughout the organization related to BSA, AML, OFAC and the USA PATRIOT Act. Responsible for building and maintaining relationships with internal and external customers while providing exemplary customer service.

• Supports the Bank's screening models by completing testing and reporting tasks in compliance with the Bank's Enterprise Model Risk Management Policy.

• Analyzes and escalates issues and concerns related to BSA, AML, OFAC and the USA PATRIOT Act components of the Bank's BSA Program while utilizing sound and current compliance industry standards and practices.

• Identify gaps and deficiencies in related BSA functions, processes, policies and procedures as well as create and implement corrective actions and track gap remediation.

• Develops and presents training to assist in gap remediation and required enhancements.

• Communicates and escalates (as assigned) identified BSA, AML, OFAC and USA PATRIOT Act operational concerns to the appropriate level of management.

• Completes special projects as assigned.

• Attends internal and external meetings, seminars, workshops, etc. to expand professional expertise.

• Maintains up-to-date knowledge of Bank policies, procedures and industry best practices.

• Bachelor's Degree or equivalent
• Minimum 5 years of Banking industry experience
• Minimum 4 years of experience in a BSA/OFAC specific role (such as those involving KYC, EDD, financial crime investigations, compliance) at a financial institution
• ACAMS Current Certified Anti-Money Laundering Specialist (CAMS) Certification

• Model risk management experience
• Tuning/testing of financial crimes screening models
• Experience with Lexis Nexis Bridger, Insight, XG or similar screening systems
• Working knowledge of banking operations and Bank Secrecy Act/Office of Foreign Assets Control regulations
• Experience using Microsoft Word, Excel and Access required.
• Knowledge and understanding of federal regulations pertaining to the Bank Secrecy Act and Office of Foreign Assets Control required.
• Excellent problem solving and analytical skills required.
• Excellent verbal/written and written communication skills required to interact with all levels of Bank personnel and outside contacts.
• Experience with quality control, audit or compliance testing is preferred.
• Support Financial Crimes Model Risk Management compliance, including model testing, reporting and data analysis.
• Exercises independent judgement in identifying issues and assessing risk
• Maintain authoritative knowledge and understanding of laws and regulations, regulatory guidance, policy and procedures for operational functions covered/tested.
• Assist risk management team with departmental initiatives and other duties as assigned.
• Experience with SQL, Python

Starting base salary: $71,869 - $114,797 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

Get a more detailed look at our Benefits and Perks.

Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.