BSA/AML High Risk Manager - Banking

Company: City National Bank of Florida
Location: Miami
Posted on: February 25, 2021

Job Description:

City National Bank of Florida, the premier private and commercial bank in Florida, has more than $18--billion in assets, $15--billion in total--deposits and--$12--billion in loans and leases.--Founded in 1946, City National Bank (CNB)--is one of the largest financial institutions based in the state and--offers a diversified portfolio of financial products and services at--32--convenient banking locations from Miami-Dade County to--Central Florida--and extended reach through the Presto ATM network.Location: Miami, FL "Downtown" Regular employmentThe BSA High Risk Manager ensures City National Bank (CNB) is meeting BSA/AML requirements, by formalizing the policies and procedures of the Department and bank with respect to BSA/AML.--This position will also require participation with training and development of CNB programs to assist the Line of Business (LOB).--Additionally, it will also provide outreach, as necessary, to the LOB. This position will hold a high level of responsibility with respect to the BSA/AML department for the Bank.PRIMARY DUTIES AND RESPONSIBILITIES:* Ensures satisfactory compliance with statutory and regulatory requirements for the identification, research and risk management of City National Bank's high risk customer population.* Primarily responsible for formalizing the policies and procedures of the Department and bank with respect to BSA/AML which are essential to the sound business operations of the bank.* Directly responsible for meeting and managing deadlines associated with responsibilities of the position.* Supervises the BSA/AML Analysts and ensures alerts/cases are timely completed.* Manages and maintains P.O. matrixes for NAIC's, country codes, customer risk codes, etc.* Represents High Risk Customer Unit when interacting with internal partners and stakeholders as well as outside service providers.* Demonstrates effective skill preparing written documentation and presenting materials to the Bank's Senior Management and respective Committees.* Supports the BSA Officer with High Risk related policies and procedures using independent judgement.* Conducts a risk based analysis of existing clients and makes recommendations.* Demonstrates strong leadership and exemplify personal and professional excellence to their assigned team, peers and stakeholders including but not limited to the effective management of interpersonal relationships and constructive conflict resolution.Qualifications:* Five - seven years of regulatory supervisory experience and a working knowledge of all laws and regulations affecting BSA/AML High Risk.* Have a thorough understanding of BSA regulations and hands on experience dealing with offshore clients.* Requires practical knowledge in leading and managing the execution of processes, projects and tactics within one area.* Understand the Bank's products, services, customers, entities, and geographic locations.* Understand the potential money laundering and terrorist financing risks associated with Bank's activities.* Knowledge of bank fraud and schemes.* Address regulatory changes that impact the business units.* Ability to assist business units in implementing processes necessary to comply with regulations.* Perform analysis of BSA related data to draw conclusions about the level of compliance throughout the enterprise.* Ability to assist Business Units in performing risk assessments.* Excellent oral and written communication skills.* Strong analytical skills, problem solving, strategic thinking and reasoning abilities.* Advanced in Microsoft Word, Excel, Access, and PowerPoint.Education:* Bachelor's degree in Business, Finance or related field preferred.* Certified Anti-Money Laundering Specialist (CAMS) obtainable, Certified Fraud Examiner (CFE) desirable.

Keywords: City National Bank of Florida, Miami , BSA/AML High Risk Manager - Banking, Accounting, Auditing , Miami, Florida