BSA/AML Risk Assessment Specialist
3 weeks ago
Job Summary
The BSA/AML Risk Assessment Specialist will be responsible for assessing BSA/AML risk throughout the organization, identifying risk issues, and driving resolutions. This role requires in-depth knowledge of BSA/AML/OFAC regulations.
Key Responsibilities
- Perform BSA risk assessments annually with periodic adjustments as warranted by significant events.
- Maintain and evaluate the list of BSA controls in the Governance, Risk, and Compliance tool.
- Identify risk issues regarding BSA controls and drive resolutions to completion.
- Develop and implement continuous improvements in the BSA/AML Program in keeping with regulatory requirements and efficiency efforts within the department.
- Oversight of business line BSA activity, including wealth management areas.
- Participate in exams/audits by assisting in gathering data for federal regulators, state examiners, independent auditors, and law enforcement.
- Perform all other duties/projects as assigned.
Requirements
- Bachelor (4-year college) degree and 6-8 years of experience or equivalent combination of education and experience.
- Experience performing BSA risk assessments is required.
- Experience working with regulatory examiners is required.
About Us
First Horizon Bank is a leading regional financial services company dedicated to helping our clients, communities, and associates unlock their full potential with capital and counsel. We serve clients through a team of approximately 7,300 associates and 418 banking centers throughout the southeastern United States.
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