BSA/AML Senior Governance Coordinator (Remote)

Synovus Financial Corp; Tampa (FL); Remote; USD 70,000 - 90,000; Full time

Job summary

A leading financial institution seeks a Compliance Coordinator to support AML/BSA governance functions. The role involves managing policy updates, conducting gap analyses, and ensuring compliance with regulatory standards. Ideal candidates will have strong project management skills and a background in regulatory compliance.

Qualifications

• Five years of AML/BSA or regulatory compliance experience.
• Experience in policy and procedure reviews and audits.

Responsibilities

• Supports BSA/AML/OFAC policy management activities.
• Conducts gap analysis against regulatory guidance.
• Manages documentation governance review committees.

Skills

Project Management

Analytical Skills

Organizational Skills

Written Communication

Verbal Communication

Education

Bachelor's Degree

Tools

Microsoft Office

SharePoint

Job description

Job Summary

Supports the AML/BSA Compliance Department by coordinating governance functions including policy updates and enhancements, standards, and procedure reviews and revisions including unit guidance and workflows. Conducts recurring gap analysis of program documentation against regulatory guidance and requirements, and participates in recommendation and development of policy - procedure changes based on regulatory changes and guidance, as well as new business products/services. Provides routine reports to senior management and advises on regulatory matters. Works with Corporate Communications to ensure compliance changes are communicated.

Job Duties and Responsibilities

• Supports and maintains BSA/AML/OFAC policy management activities at the department level. Tracks changes to policies accurately and archives older versions. Manages thorough change control protocol for retention purposes. Compares policy changes to published and desktop procedures for accuracy and change control maintenance. Works with senior management and enterprise governance team to garner approval from the Board of Directors. Assists with presentations to keep all team members apprised of procedural changes.
• Manages internal change control processes, forms, and archive.
• Organizes and chairs documentation governance review committees. Schedules meetings, oversee agendas, document and follow up on outstanding tasks, and track actions to completion.
• Works with team to restructure, redesign, and update all BSA/AML/OFAC Compliance documentation to include policies, standards, procedures, and guidance information.
• Maintains detailed and accurate log of all program and desktop procedures. Creates status reports and outlines of overview processes. Publish approved versions as required.
• Works with Synovus Learning and Development partners for accurate content on Insite's Policy, Forms - Procedures (PFP) page. Ensures review timeframes are met to produce accurate documentation is published per BSA Compliance Governance Standards and available for audits and exams, when required. Conducts gap analysis of procedures against FFIEC published guidance. Provides support for audit and exam requests related to procedures. Serves as subject matter expert and administrator for PFP documentation. Ensures timely and accurate communication as procedures are updated.
• Conducts gap analysis of procedures against regulatory agencies such as FFIEC published guidance, FinCEN, OFAC, FDIC, FRB, state legislation, etc.
• Participates in Regulatory Oversight Council and New Product Risk Assessment Committee and recommends necessary adjustments to policies, standards, and procedures based on regulatory changes and new product offerings.
• Communicates with Line of Business and other stakeholders around BSA/AML/OFAC Standards to receive and assess feedback and suggestions for potential incorporation, as well as communicate changes to ensure readiness for compliance.
• Responsible for accurate executive level business reporting to ensure visibility into all Governance managed processes.
• Manages policy, standards, procedures and other BSA Compliance documentation to ensure that review cycle and ad-hoc update timelines are maintained. Track and report statuses and escalate at-risk item to direct and senior leadership.
• Each team member is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations and risk limits specific to their role. Additionally, they should raise and report known or suspected violations to the appropriate Company authority in a timely fashion.
• Performs other related duties as required.

The information on this 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.

Synovus is an Equal Opportunity Employer committed to fostering an inclusive work environment.

Minimum Education:

• Bachelor's Degree or an equivalent combination of education and experience

Minimum Experience:

• Five (5) years of AML/BSA, consumer or regulatory compliance experience including support of policy and procedure reviews/updates, audit/exam participation, issue management, and risk assessments.

Certifications:

• Integrated Policy Management Professional (IPMP) preferred

Required Knowledge, Skills, & Abilities:

• Strong project management and analytical skills
• Proficiency using Microsoft Office software products (Word, Excel, Visio, PowerPoint)
• Excellent organizational skills and the ability to maintain tight deadlines
• Excellent written and verbal communication skills
• Proficiency in SharePoint sites, lists, and libraries to include site building and maintenance
• Demonstrated knowledge or experience in interpretation of laws, regulations, and/or regulatory guidance
• Experience in the following areas: Legal or Regulatory interpretation
• Policy and documentation writing and governance / content management
• Conducting meetings and presentations
• Writing draft documents

Preferred Knowledge, Skills, & Abilities:

• 2-3 years of experience in AML/BSA, consumer or regulatory compliance experience including support of policy and procedure reviews/updates, fulfilling regulatory agency and/or law enforcement requests, interpreting regulatory guidance and OFAC sanctions risk or other similar compliance support functions. Completion of college coursework may substitute for experience on a year for year basis.
• Integrated Policy Management Professional (IPMP)
• Certified Anti-Money Laundering Specialist (CAMS) or Certified Anti-Money Laundering Fraud Professional (CAFP) designations
• Proficiency in Microsoft Power Apps suite

#LI-DG1

#LI-Remote