AVP Compliance & Risk Management Officer bilingual Mandarin (Financial services)

ACG Resources – Adams Consulting Group; New York (NY); On-site; USD 65,000 - 150,000; Full time

Job summary

An established industry player is seeking a dynamic AVP Compliance & Risk Management Officer. This pivotal role involves implementing and managing compliance programs related to BSA/AML/OFAC regulations, ensuring adherence to internal policies, and providing expert guidance to mitigate risks. The ideal candidate will possess a strong background in financial services, along with a Bachelor's degree and significant experience in compliance and risk management. Bilingual proficiency in Mandarin is preferred, making this an exciting opportunity for those looking to make a substantial impact in a fast-paced environment.

Qualifications

• 5+ years of experience in BSA/AML/OFAC compliance and risk management.
• Bachelor’s degree required, Master’s preferred.

Responsibilities

• Implement compliance programs and manage adherence to regulations.
• Provide expertise to establish risk-mitigating controls.

Skills

BSA/AML/OFAC compliance

Regulatory Compliance

Risk Management

Bilingual in Mandarin and English

Knowledge of U.S. banking regulations

Education

Bachelor’s degree

Master’s degree

Tools

CAMS certification

Job description

AVP Compliance & Risk Management Officer (Bilingual Mandarin)

Job Ref: 14924

Salary: $65,000 – $150,000

Location: Onsite in Manhattan

Base Salary: $65K – $150K (Based on Skills & Experience)

Qualifications:

• Bachelor’s degree is required; master’s degree or higher level degree preferred.
• Minimum 5 years of BSA/AML/OFAC and other sanctions compliance and risk management experience required.
• 2-3 years of Regulatory Compliance experience required.
• Financial services background experience is required.
• BSA or sanctions training and/or certificate preferred.
• CAMS (Certified Anti-Money Laundering Specialist) credential preferred.
• Demonstrate sound knowledge of U.S. banking regulations and compliance practices with strong emphasis on all aspects of BSA/AML/OFAC/Sanctions/CTF.
• Bilingual ability in Mandarin and English preferred.

Responsibilities:

• Implement BSA/AML/OFAC/Sanctions Compliance Program in Front Line Unit.
• Manage the MKD/MOD day-to-day adherence to the BSA/AML/OFAC/Sanctions/CTF and their implementing regulations, as well as internal policies and procedures.
• Provide subject matter expertise to guide the MKD/MOD in establishing risk-mitigating controls commensurate with the MKD/MOD BSA/AML/OFAC/Sanctions/CTF and other illicit financial activity risk profiles, while maintaining independence.
• Work with MKD and FID for new FI non-customers/counterparty onboarding and/or existing counterparty refresh. Periodically or annually reconcile counterparty name list with FID.
• Transaction monitoring for MKD uninitiated transactions.
• Implement, or coordinate with relevant FLU teams on the implementation of, the RGF and risk management policies and procedures within FLU as well as enforcing relevant controls (e.g. Clean Desk check).
• Conduct Quality Assurance on Anti Bribery and Anti-Corruption (ABAC).
• Perform Bank wide LGO Anti Bribery and Anti-Corruption (ABAC) Risk Assessment.
• Perform monthly ERM Strategic and Reputation Risk reporting for MKD/MOD and TRY.