Compliance Officer - AML Investigations (remote)

Overview

This is a remote role that may be hired in several markets across the United States

The AML/CFT Compliance Officer is responsible for ensuring the effectiveness of the organization's Anti-Money Laundering and Counter-Financing of Terrorism program. This role involves conducting complex investigations, performing quality assurance reviews, analyzing data, and providing guidance to business units on AML/CFT compliance. The officer will play a key role in identifying, assessing, and mitigating financial crime risks while maintaining a strong understanding of regulatory requirements and industry best practices.

Responsibilities

• AML/CFT Program Execution and Oversight
• Develops and executes the Compliance Risk Management Program related to AML/CFT.
• Implements complex regulatory requirements impacting multiple systems, processes, and clients.
• Monitors the effectiveness of AML/CFT controls and recommends enhancements.
• Investigations and Enhanced Due Diligence
• Manages an evolving portfolio of complex suspicious activity investigations.
• Reviews client relationships involving multiple accounts, geographic locations, and products.
• Conducts Enhanced Due Diligence (EDD) reviews for higher risk clients.
• Quality Assurance and Testing
• Manages and conducts testing of AML/CFT policies, procedures, and functions.
• Develops review procedures to maintain quality and consistency of testing approach.
• Identifies potential issues, exceptions, or patterns within the compliance program.
• Data Analysis and Reporting
• Sources, validates, and interprets data for discrepancies and risks.
• Effectively communicates analysis output and prepares reports for management.
• Develops methods of measuring the quality and performance of compliance functions.
• Regulatory Research and Training
• Maintains expertise on AML/CFT laws, regulations, policies, and procedures.
• Serves as a resource to management and business unit leaders on AML/CFT matters.
• Develops training materials for the team and assists in training and mentoring.
  

Qualifications

Bachelor's Degree and 4 years of experience in 6+ years of experience in AML/CFT compliance, investigations, or related field; Strong understanding of BSA/AML regulations, OFAC, KYC, and other relevant regulatory requirements; Experience with AML/CFT software, data analytics tools, and case management systems OR High School Diploma or GED and 8 years of experience in 6+ years of experience in AML/CFT compliance, investigations, or related field; Strong understanding of BSA/AML regulations, OFAC, KYC, and other relevant regulatory requirements; Experience with AML/CFT software, data analytics tools, and case management systems

Preferred Area of Study: CAMS certificationLicense or Certification Type:Skill(s): AML/CFT regulatory knowledge , Investigative techniques , Data analysis and interpretation , Quality assurance methodologies , Risk assessment and mitigation , Financial crime risk awareness , Reporting and documentation , Compliance program management , Training and development

This job posting is expected to remain active for 5 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.

The base pay for this position is generally between $98,000 and $130,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.