Anti-Money Laundering Specialist
1 week ago
First Citizens Bank is a leading financial institution committed to providing exceptional services and fostering a culture of excellence. Our team of professionals is dedicated to ensuring the highest standards of integrity, ethics, and customer satisfaction.
Job SummaryWe are seeking an experienced Anti-Money Laundering Specialist - Enhanced Due Diligence to join our team. In this role, you will be responsible for assessing prelaunch or emerging business models to align with internal requirements for enhanced due diligence and approval. This includes providing training, advice, and guidance to Commercial Bank teams and recommending updates based on industry best practices and regulatory/compliance standards.
About the RoleAs an Anti-Money Laundering Specialist - Enhanced Due Diligence, you will serve as a subject matter expert on high-risk reviews as the primary Point of Contact for Commercial Bank Relationship. You will aid in identifying prospects & existing clients that may have increased AML risk due to business model and work directly with clients/prospects to ensure compliance with FCB's high-risk requirements. Additionally, you will champion efforts identifying and managing existing and emerging risks identified through reviews, and ensure these risks are effectively assessed, communicated, and controlled.
Responsibilities- Provide expertise in assessing prelaunch or emerging business models to align with internal requirements for enhanced due diligence and approval.
- Serve as a subject matter expert on high-risk reviews as the primary Point of Contact for Commercial Bank Relationship.
- Aid in identifying prospects & existing clients that may have increased AML risk due to business model.
- Work directly with clients/prospects to ensure compliance with FCB's high-risk requirements.
- Champion efforts identifying and managing existing and emerging risks identified through reviews.
To be successful in this role, you must have a strong understanding of Anti-Money Laundering risk related to Gaming/Gambling, Cannabis and/or Defense business models. Additionally, you should demonstrate knowledge of international and regional financial crimes risks, including but not limited to Anti-Money Laundering and Counter Terrorism Financing risks, and the prevention and mitigation processes and controls. You should also have a good understanding of the compliance and regulatory frameworks that apply to financial institutions with an emphasis on FinCEN regulations, FFIEC guidelines, Bank Secrecy Act and US PATRIOT ACT.
What We OfferWe offer a comprehensive benefits program, including customized offerings designed to support families, however defined. Our total compensation package includes variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.
Salary InformationThe estimated salary for this position ranges from $66,525.00 to $120,900.00 per year, depending on experience, location, and other non-discriminatory factors permitted by law.
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