AML & Sanctions Compliance Testing Lead

Exzac, Inc.; New York (NY); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical

Dental

401K

STD

HSA

PTO

Job summary

MATRIX-IFS is a dynamic, fast growing technical consultancy focused on AML/fraud detection, trading surveillance consulting, and systems integration for Banks, Brokerage and Financial Services. We offer a competitive base salary and a full benefits package including medical, dental, 401K, STD, HSA and PTO.

NO C2C candidates. This is a full-time role with opportunities for growth within a respected organization. Will you join our team and help strengthen our compliance testing program?

Responsibilities

• Lead and /or perform BSA/AML/OFAC compliance testing, identify issues and make recommendations and report results.
• Identify potential BSA/AML/OFAC compliance risks and recommend resolutions and/or elevate to appropriate individuals to determine if further investigation is necessary.
• Develop test scripts corresponding to scope of the testing engagement and business expectations.
• Assess the design and effectiveness of controls implemented to mitigate the applicable BSA/AML/Sanctions and other compliance risks.
• Collaborate with business lines to develop remediation plans to resolve control weaknesses identified through testing.
• Track and validate the implementation of remedial actions submitted by the remedial actions owners to verify that issues were remediated. Follow up as necessary.
• Prepare review reports for Management that highlights the scope, testing approach, and the results of the review.
• Monitor regulatory activities and industry developments to identify trends and emerging issues that may impact the bank and may require changes to the compliance testing program.

Job description

MATRIX-IFS is a dynamic, fast growing technical consultancy focused on AML/fraud detection, trading surveillance consulting, and systems integration for Banks, Brokerage and Financial Services. We offer a competitive base salary and a full benefits package including medical, dental, 401K, STD, HSA and PTO.

NO C2C candidates. This is a full-time role with opportunities for growth within a respected organization. Will you join our team and help strengthen our compliance testing program?