Compliance and Risk Management Specialist

6 days ago


Jersey City, New Jersey, United States beBee Careers Full time

About the Role

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  • Support the monitoring and testing program to validate the efficacy of regulatory compliance internal controls.
  • Assist in planning and executing monitoring and testing engagements for New York Branch (SMBC's NYB).

Responsibilities

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  1. Support examiner-in-charge of Compliance Monitoring and Testing engagements.
  2. Develop and refine monitoring and testing scripts.
  3. Prepare information requests and Announcement Memorandums.
  4. Perform field work to validate internal controls.
  5. Prepare cohesive work papers for each engagement.
  6. Identify issues and escalate with stakeholders.
  7. Draft Issue Memorandums and Reports for management.
  8. Register and track identified issues and corrective action plans.

Requirements

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  • 5-7 years of banking and compliance experience.
  • Fundamental knowledge of U.S. banking laws and regulations, with emphasis on BSA/AML and sanctions laws.
  • ACAMS Certification (A Plus) is a plus.
  • Strong communication and written skills.
  • Able to multitask and perform work functions efficiently and timely.

What We Offer

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  • A hybrid workforce model that provides employees with an opportunity to work from home and from an office.
  • Reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law.


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