Download App | FOLLOW US ON SOCIAL MEDIA
 Upload Your Resume   Employers / Post Jobs 

Criminal Attorney / Litigation Attorney in Chicago, IL

U.S. Bank. Nov 12,2014 Oct 29,2014 Location USA Chicago IL
This job is expired...

In-House

Attorney

Criminal Law - Prosecution

Litigation

Litigation - Whistleblower - CFTC

Min 8 yrs required

Profile

Domestic AML Compliance Manager - Wealth Management, Trust, and Securities Duties: Will be responsible for maintaining a high degree of Anti-Money Laundering (AML)/Bank Secrecy Act (BSA) knowledge of appropriate laws and regulations to provide corporate oversight and advisory services to specific product and function aligned groups. Provide subject matter expertise, guidance and support to U.S. domestic business lines. Aligned groups may include: Credit Markets/treasury services/foreign, exchange/international, consumer lending/small business lending/credit risk management, retail banking/CTR/CMIR/Funds Transfers, and wealth management/private banking. Analyzes and interprets Federal, State and other regulatory authorities’ AML/BSA rules and regulations. Reviews and analyzes internal and external regulatory reports, develops remediation plans, and coordinates with responsible parties to ensure timely implementation of sustainable solutions. Is actively involved in the development, implementation and distribution of all regulatory or compliance based policies and procedures. Conducts compliance reviews, manages compliance exceptions and ensures consistent application of policy to business processes. Leads and/or participates in high-visibility compliance initiatives and regularly reports to management and applicable business units; maintains records to meet compliance requirements. Assists in the development of compliance programs. Oversees and supervision of aligned business line and/or function for compliance with applicable laws, rules, regulations and corporate policies. Provides thorough analysis of laws and regulations, and interprets policy requirements to support business line and/or function compliance. Maintains high level of compliance awareness and knowledge to effectively support area of responsibility. Provides leadership in the development and maintenance of compliance programs with appropriate internal controls, policies, procedures, communication vehicles and monitoring. Identifies compliance problems through compliance testing, analysis of audit reports, staff meetings and on-going interaction with other compliance officers. Participates in the review and interpretation of new and pending laws and regulations that potentially affect business practices for a business unit or geographical region. Works with management and staff in areas affected by necessary alterations in business practices to ensure understanding and implementation of new policies and procedures. Participates in assessing AML/BSA risk in products and services; advise business lines of necessary changes and drives implementation to ensure compliance with appropriate laws and regulations. Participates in the development and implementation of training programs that address emerging changes in regulatory expectations and will improve learner retention of regulatory and policy requirements. Leads cross-functional AML/BSA projects; ensure completion by targeted dates by setting milestones and monitoring progress. Analyze resourcing needs, periodically reports to management on project status. Monitors and follows-up on outstanding Quality Assurance testing, Audit and other compliance issues and ensures timely resolution. Provides management with periodic assessments of the level of compliance, including metrics gathering and reporting. Ensures that compliance files are maintained, documents compliance activities and maintains appropriate reporting in support of the compliance processes. May have direct interaction with regulatory examiners and internal/external auditors. May act as a liaison between the business unit and the various regulatory agencies.

Qualification and Experience

Basic Qualification Requirements: A Bachelor's degree in related field. 8+ years of relevant experience in AML/BSA regulatory compliance. Senior level experience leading AML/BSA initiatives in a large, complex, highly-regulated financial institution. 2+ years of management experience. Extensive knowledge of federal, state and local AML/BSA laws and regulations. Thorough knowledge of financial and banking products, policies, operations and applicable procedures. Strong analytical and research skills, and use of good judgment in decision making. Ability to handle multiple priorities and deadlines effectively and efficiently.

Preferred Qualifications : Advanced degree (MBA, J.D., CPA) or commissioned examiner experience. Professional certification – CRCM, CAMS. Working knowledge of AML/BSA and business systems (Bridger, Actimize, Hogan). Strong organization, analytical and project management skills. Strong planning, implementation and negotiation skills. Effective interpersonal, verbal and written communication skills. Proficiency with computer skills, especially Microsoft Office Excel, Word, PowerPoint, and Project.

Additional info

Ref. # 40007862

Company info