AML/CFT Officer
Core
Manage the bank's AML/CFT and OFAC/Sanctions compliance program, including risk assessment, regulatory reporting, and staff training.
Role type
Senior AML/CFT Compliance Officer (Management)
Builds
AML/CFT compliance framework and regulatory reporting for a multi-billion-dollar financial institution
Domain
Banking / Financial Crime Compliance
Deliverable
client delivery
Required skills
AML/CFT program management, OFAC/Sanctions compliance, SAR/CTR filing, customer due diligence (CDD/EDD), regulatory exam coordination, board training, risk assessment, logical investigations, multi-billion-dollar institution experience
Preferred skills
CAMS certification, Verafin AML/CFT/AM software proficiency
Technologies
Verafin AML/CFT/AM, Microsoft Word, Microsoft Excel
Responsibilities
Maintain and manage a strong and effective AML/CFT program; Ensure business units comply with AML/CFT/OFAC/SANCTIONS policies; Leverage technology to create red flag reports for suspicious activity; Manage recommendations and filing of SARs; Annually train the Board of Directors on AML/CFT Compliance; Ensure all employees are trained on AML/CFT and OFAC/Sanctions; Work effectively with regulators in completion of exams; Oversee testing and assurance of Customer Identification Program (CIP), CDD and EDD.
Seniority
Senior, hands-on IC with management responsibilities
