Compliance Risk Consultant

7 days ago


New York, New York, United States Michael Page Full time
Job Description

**About the Role**

We are seeking a highly skilled AML Risk Assessment Consultant to join our team at Michael Page. As a key member of our compliance team, you will be responsible for leading the annual updates process for the product risk rating methodology, validating the product risk rating process and new product approval processes, and assisting the team with updating and enhancing the BSA/AML and OFAC risk assessment methodology.

Key Responsibilities:

  • Lead the annual updates process for the product risk rating methodology
  • Validate the product risk rating process and new product approval processes
  • Assist the team with updating and enhancing the BSA/AML and OFAC risk assessment methodology
  • Communicate sensitive information to senior management and regulators as needed
  • Calculate control assessment scores and communicate findings
  • Identify gaps and weaknesses within the bank
  • Engage with stakeholders to discuss business, control functions, and support for the division on risk assessment
  • Assist with the ERA process
  • Focus on metrics to help manage existing and potential compliance risks
  • Assist with incorporating BSA/AML and OFAC risks
  • Analyze risk assessment factors
  • Obtain and monitor sensitive documentation for these procedures
  • Maintain and track information to help identify control assessment gaps and coordinate with other stakeholders on this information

Requirements:

  • Bachelor's degree or higher
  • 5-7 years of experience in financial services
  • Law degree or CAMS certification preferred but not required
  • Prior experience with BSA/AML and OFAC related work conducting risk assessments
  • Exposure to speaking directly with senior management and stakeholders
  • Excellent reading, writing, and communication skills
  • Strong PowerPoint skills
  • Authorized to work in the US
  • Local to Midtown NYC

What We Offer:

This 6-month contract has the potential to be converted, and we are looking to hire before the end of the summer. We offer a market hourly rate and a competitive benefits package.


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