Director – AML Analytics and Risk recruitment
Responsibilities include:
- Develop and manage Enterprise-Wide AML measurements and analyze results and trends
- Design and manage team in the creation and updates of AML dashboards for periodic reporting on AML key risk, performance and compliance indicators
- Provide research, analytical and reporting to senior management and participate in various governance forums and incorporate feedback into process; create a risk based escalation and tracking process
- Compile risk analytics data from a variety of sources needed to identify trending and root cause analysis on key risk indicators of AML risk
- Gather, consolidate and simplify AML measurements and assist in the development and implementation of remediation plans
- Identify AML reporting requirements from regulatory and senior management sources
- Highlight and recommend strategies for departments / areas perceived as high risk based on data analysis
Responsibilities in response to the consent order include:
- Identify systemic AML risk that may not be apparent in a risk assessment focused on line of business or assessment units
- Assess AML risk associated with each line of business, and an enterprise-wide assessment of AML risk for higher risk products and services.
Additional responsibilities in response to a potential MRA include:
- Develop additional AML metrics to identify, measure, and manage BSA/AML risk. At a minimum, AML metrics should:
- Evaluate the effectiveness of the various instances of the automated monitoring system, as well as the individual scenarios;
- Improve the measurement of the quantity of risk to identify changes in the quality of risk attributed to changes or growth in customers, products, and services offered, as well as new markets;
- Identify changes in the quality of AML risk management in the various assessment units.
Pre-Requisite Skill Set:
This role requires at least 10 years experience in a risk or compliance role, preferably within the context of global Bank products or credit cards.
- 10+ years industry experience
- Extensive experience working with governance, risk and compliance methodologies and practices
- Ability to coordinate global program with diverse participation
- Knowledge of banking products and processes
- Expertise in AML
- Track record of playing a thought leadership role in past positions and willingness to adopt new approaches to managing compliance risks
- Skilled with analyzing root causes of AML compliance risk issues
- Good team player who values group collaboration
August 10, 2012
• Tags: AML Analytics and Risk recruitment, Director, Risk Management careers in the USA • Posted in: Financial