Mjboyd

The Deputy Compliance Officer is responsible for overseeing and fulfilling the responsibilities of the Bank Secrecy Act (“BSA”)/Anti-Money Laundering (“AML”) and Sanctions Compliance Program, including initiating, maintaining, and revising applicable policies and procedures. Additionally, the Deputy Compliance Officer provides general administrative support to the U.S. Compliance Officer.

Job Responsibilities

• Assisting the U.S Compliance Officer in implementing an effective and comprehensive Compliance Program
• Overseeing and managing all aspects of the Bank's day-to-day BSA/AML & Sanctions Compliance operations including Transaction Monitoring, Sanctions Screening, and Know Your Customer functions
• Working with the U.S Compliance Officer to oversee and monitor general Corporate Compliance operations including Compliance Monitoring, Compliance Testing, and Compliance Training.
• Regularly providing updates to the U.S. Compliance Officer on the Bank's BSA/AML & Sanctions Compliance Program as well as Corporate Compliance Program
• Escalating material BSA/AML & Sanctions compliance matters to governance bodies and senior management
• Leading and assisting the U.S Compliance Officer on communications with regulators as necessary, and manage regulatory/audit requests
• Assisting the U.S Compliance Officer in periodically conducting Risk Assessments of the Branch’s BSA/AML & Sanctions Compliance Risks as well as Corporate Compliance Risks
• Managing and devise monthly reporting metrics for governance bodies
• Assisting the U.S Compliance Officer with all aspects of the internal and external audit processes
• Managing Requests for Information (“RFI”) submitted by the Compliance Analysts, for transactions requiring further investigation
• Overseeing the development of monthly reports with key metrics, qualitative information, and substantive analysis on patterns and overall impact to the BSA/AML and Sanctions Compliance Program
• Conducting performance measurement review of the Transaction Monitoring and Sanctions Screening investigation, as well as other Compliance KRI/KPI’s
• Participating in remediation of compliance deficiencies identified by internal and external examinations
• Overseeing and, as appropriate, conducting Quality Control (“QC”) reviews of Transaction Monitoring, KYC reviews, and Sanctions Screening investigations
• Reviewing compliance testing and monitoring reports conducted by the Compliance Team
• Overseeing and monitoring adherence to the Bank’s Compliance policies and procedures
• Supporting the U.S. Compliance Officer in the execution of his/her responsibilities
• Overseeing and managing the activities of Compliance Analysts

Job Qualifications

• A bachelor's degree and preferably 5+ years work experience in corporate compliance and/or BSA/AML and Sanctions compliance roles with subject matter expertise in the U.S. regulatory environment, emphasizing the Bank Secrecy Act, USA PATRIOT Act, and OFAC/Sanctions programs

Skills

• Strong oral and written communication skills; Presentation skills
• Strong analytical ability; Judgement and decision making
• Ability to prioritize among different tasks; multi-tasking
• Ability to effectively delegate and provide oversight of staff
• Attention to detail and strong work ethics
• Relationship building and management skills
• Leadership and Ability to motivate others and provide feedback for improvement
• Ability to work collaboratively with other regional or global functional units
• Ability to provide guidance on updates and amendments to the program

Preferred Qualifications

• Graduate Degree (i.e., Master’s Degree, MBA, or JD)
• Industry Certification

New York, New York

$120k - $150k plus annual discretionary bonus