AML Investigations Officer VP

Vacancy details

General information

Entity

About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)

Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022).
8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world.
Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade.
The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.


For more information, please visit www.ca-cib.com

Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/

By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.   

Reference

2024-93803  

Update date

06/11/2024

Job description

Business type

Types of Jobs - Compliance / Financial Security

Job title

AML Investigations Officer VP

Contract type

Permanent Contract

Job summary

Summary:

 

The position's responsibilities include the following: monitoring transactions utilizing various internal systems in order to verify that the Bank's activity is in compliance with applicable laws and regulations, and to review transactions to identify for potentially suspicious transactions.  He/she is expected to be able to work in a team environment, whilst simultaneously managing his/her own individual workload.   

 

 

Key Responsibilities:

 

Review of AML monitoring alerts to ensure that all activity is in compliance w/ current BSA/AML regulatory standards, and ensure that AML monitoring alerts are documented and dispositioned in compliance with the standards established in the Bank’s policies and procedures.

Conduct enhanced investigations when needed on individuals and activity that are deemed possibly suspicious.

File Suspicious Activity Reports for confirmed Suspicious Activity.

Review of Sanctions Screening alerts that are generated from the Bank’s nightly scrub against the sanctions lists.

Assist with compilation and analysis of data for the Bank's BSA/AML and OFAC Risk Assessments.

Assist with the model validation and testing of the Transaction Monitoring Tool, to ensure the tool is in compliance with NYS DFS Regulation Part 504 and SR Letter 11-7.

Assist the team with any remediation projects in regards to the Bank’s AML compliance tools or policies and procedures.

Assist in the annual process of compliance certification with NYS DFS Regulation Part 504.

Assist with AML training of relevant staff.

 

 

Management and Reporting:

 

The position reports directly to the Head of AML/OFAC Compliance.

 

 

 

Key Internal Contacts:

 

The employee will most likely interact on a regular basis with the Client On Boarding group, Front Office personnel, Head Office Compliance personnel, and IT support.

 

 

 

Key External Contacts:

 

The employee may have occasion to interact with external auditors and/or regulators during exams.

 

 

Salary Range: $115k - $150k

 

#LI-DNI

Position location

Geographical area

America, United States Of America

City

NEW YORK

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

Required: 

College Degree

 

Preferred:

ACAMS

Level of minimal experience

6-10 years

Experience

 

Knowledge of US AML and OFAC regulations
 

Knowledge of Microsoft applications

 

Familiarity with finance and banking products

 

IT Knowledge of Payment systems