Financial Crimes Leader at Motion Recruitment in Charlotte, North Carolina

Posted in Other about 3 hours ago.

Type: full-time





Job Description:

This role will be responsible for providing oversight and management of key aspects of processes and functions including Enhanced Due Diligence (EDD) and Ongoing Enhanced Due Diligence (ODD), while delivering sustainable and exceptional service to our internal clients. Desired candidates will have experience managing operational teams, be a subject matter expert on specific and unique high risk client typologies, including industry, geographic, and transactional risk. Ensuring all internal deadlines, standards/policy, regulatory requirements, and expectations associated with WF internal policy, the Bank Secrecy Act, USA PATRIOT Act, and Economic Sanctions laws and regulations are met will be critical to the candidate success.

In this role, you will:
• Supervise a team of due diligence consultants responsible for conducting due diligence programs performing high level customer relationship reviews as part of the enhanced and ongoing due diligence process
• Ensure timely completion, quality and compliance of due diligence investigations
• Provide subject matter expertise on various high risk customer processes along with AML and Financial Crimes related policy and procedures; providing expert level guidance to partners across the various businesses
• Support business in execution of due diligence reporting processes and controls, interpret policies, guidelines and governance programs
• Review and analyze client onboarding processes and account transactional activity that require research, investigation, evaluation, and selection of alternatives
• Provide subject matter expertise on documentation and data sources and exercise independent judgment to guide moderate to high risk deliverables
• Provide supervisory review and approval of detailed written qualitative risk assessment summaries, making sound and supported recommendations for risk mitigation for high risk customers at onboarding or upon identification, and periodically throughout the life cycle of the customer
• Resolve moderately complex issues and lead team to meet functional area process deliverables
• Leverage solid understanding of the function, policies, procedures and compliance requirements
• Collaborate and consult with peers, colleagues, managers and internal and external customers to resolve issues and achieve goals
• Provide training, performance, evaluation and coaching of less experienced team
• Make daily supervisory decisions and resolve moderately complex business issues related to team supervision, work allocation and daily operational tasks under direction FCO
• Leverage interpretation of policies, procedures, and compliance requirements
• Collaborate and influence all levels of professionals including senior managers
• Lead team to achieve objectives

Required

7+ years of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

  • Desired1+ years of experience managing Operational Teams
  • BSA/AML/OFAC Regulatory Compliance experience in large, diverse financial institutions
  • Experience performing complex financial crimes due diligence and risk analysis, to include transactional reviews
  • Previous experience assessing and underwriting high risk customer segments
  • Demonstrated ability to communicate, through writing, relevant risk and recommendations in a simple, decisive, timely and market-appropriate manner
  • Strong analytical skills with high attention to detail and accuracy
  • Advanced Microsoft Office skills
  • Ability to interact with all levels of an organization
  • Certified Anti Money Laundering Specialist (CAMS)
  • Certified Fraud Examiner

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