AML Risk and Compliance Manager

Overview

The AML Risk and Compliance Manager is responsible for ensuring the Financial Investigations Department (FID) has an effective quality control program over fraud, Suspicious Activity Reporting, AML alert triage decisions, case quality, reporting requirements, and enhanced due diligence documentation. The manager oversees QC analysts, maintains the QC program, communicates results to FID stakeholders, and reviews analyst work. The Manager will work with the FID Director of Risk and Compliance to build a second line monitoring and testing program that reviews first line processes related to BSA/AML.

• Supervise a team of Quality Control Analysts.
• Manage the quality control process of completed BSA/AML and fraud work tasks to test for accuracy and quality within FID.
• Maintain the Quality Control framework and update all phases of processes and procedures used to conduct and develop a quality control program as needed.
• Review monitoring reports for management based on findings during quality control reviews.
• Partner with associates and managers within Financial Investigations to conduct quality control and assurance reviews and provide effective feedback on quality control metrics.
• Identify patterns, trends and anomalies within assigned review work with emphasis on trends or anomalies that present high inherent and residual AML risk to the company.
• May be responsible for writing, updating and enhancing departmental procedures; approve updates written and conducted by other Quality Control Analysts; oversee and review day-to-day work activities of QC analysts; conduct training for new and existing staff; provide feedback on work conducted by colleagues; assign/track work and engage with internal audit and regulatory examiners to discuss QC findings.
• Develop and implement a second line testing function to ensure compliance with applicable BSA/AML/OFAC related requirements within the first line.
• Assist and mentor team members to improve overall efficiency, effectiveness, and career growth.
• Drive process improvements to create greater effectiveness and efficiency within all areas of responsibility.
• Demonstrate compliance with all bank regulations for assigned job function and keep up to date on regulation changes.
• Follow all bank policies and procedures, compliance regulations, and complete required training.
• Maintain knowledge of the Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other applicable regulations.
• May coach, mentor, or train others and teach coursework as subject matter expert.
• Actively learn and foster the Columbia corporate culture in all actions and words.
• Takes personal initiative and serves as a positive example for others to emulate.
• Embrace the vision to become “Business Bank of Choice”.
• May perform other duties as assigned.

• Bachelor's degree in business, criminal justice, law, accounting or related field (preferred).
• 4-7 years of experience in BSA/AML and/or Financial Crimes with a financial institution, with a focus on testing, audit, or quality control (Required).
• 2-4 years of supervisory/management experience leading teams (Required).
• Advanced data analysis skills.
• Proven ability to lead teams.
• Advanced understanding of maintaining a BSA/AML program that meets regulatory expectations.
• Advanced understanding of recordkeeping and reporting requirements of the BSA (CTR, Monetary Instrument Log, OFAC screening).
• Experience using AML transaction monitoring systems and OFAC screening tools.
• Certified Anti-Money Laundering Specialist (CAMS) or equivalent certification or willingness to obtain (1 year; Required).

The pay range for this role is $81,000.00 - $. The pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including job-related knowledge, skills, experience, education, and geographic location. The role may be eligible for performance-based incentive compensation, details provided during recruitment.

Primary Location: Ability to work fully onsite at posted location(s).

We offer a competitive total rewards package…