FINANCIAL INTEL SPECIALIST-COMPLIANCE INVESTIGATION WHAT IS THE OPPORTUNITY?
Responsible for researching, analyzing and resolving suspicious activity, account records and/or transactions involving potential money laundering, terrorist funding and/or structuring in accordance with the Bank Secrecy Act.
Prepares Suspicious Activity Reports (SAR) and prepares data for submission to FinCEN.
Risk Management DivisionThis is a great opportunity to grow your career with a stable and expanding organization as a member of City National’s Risk Management team.
The focus is on ensuring business activities remain safe, compliant and well-positioned for future opportunity and sustainable growth.
WHAT WILL YOU DO?
* Researches and analyzes account records and reports to detect transactions that involve potential structuring, money laundering or a risk to the Bank.* Prepares a Suspicious Activity Report of the activity identified as suspicious or unusual and the responsible person and/or entity and maintains records of reported activity as required under the Bank Secrecy Act.* Makes recommendations regarding the closing of accounts or other actions that may be necessary to mitigate the risk to the Bank.* Submits completed file to designated colleague for final sign off.
Submits SARs to FinCEN within established timeframe.* Establishes and maintains case files and obtains required documentation.* Monitors and follows up on open cases.* Obtains Know Your Customer memos as needed.* Prepares summary reports.* Acts as liaison with other areas of the Bank and federal agencies as needed.* Attends internal and external meetings, seminars, workshops, etc.
to expand professional expertise.* Partners with business units to remediate compliance findings identified in internal and external examinations.* Identifies and addresses compliance training needs by partnering with business areas and Compliance Training Manager.* Integrates activities with other departments to accomplish common goals.* Maintains up-to-date knowledge of Bank policies, procedures and industry best practices.
WHAT DO YOU NEED TO SUCCEED Must-Have* * Minimum of 3 years of experience in Banking Services, branch operations, risk management or related function* Minimum of 2 years of BSA/AML experience.* Minimum of 2 years of experience using Microsoft Office.
Skills and Knowledge * College degree preferred.* Working knowledge of banking operations, government regulations, accounting principles and account reconcilement.* Knowledge and understanding of federal regulations pertaining to the Bank Secrecy Act required.* Excellent problem solving and analytical skills required.* Good verbal and written communication skills required to interact with all levels of Bank personnel and outside contacts.* Analytical skills, solid understanding of deposit and loan transactions.* Use of good judgment, attention to detail, internet savvy.* Good knowledge of Bank Secrecy Act and USA PATRIOT acts.
* To be considered for this position you must meet at least these basic qualificationsThe preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification.
It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENTCity National Bank is an equal opportunity employer committed to diversity and inclusion.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.
ABOUT CITY NATIONAL We start with a basic premise: Business is personal.
Since day one we’ve always gone further than the competition to help our clients, colleagues and community flourish.
City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today.
City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.
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