BSA/OFAC Testing Manager: Risk & Controls Leader

City National Bank; Newark (NJ); On-site; USD 90,000 - 160,000; Full time

Benefits offered by this job

Comprehensive healthcare coverage

401(k) matching contribution

Tuition reimbursement

Career development

Paid time off

Fertility benefits

Career mobility support

Diversity and inclusion programs

Job summary

City National Bank in Newark, NJ seeks a Manager Financial Crimes Testing to lead a team of BSA Risk Analysts, overseeing the BSA/OFAC testing/monitoring program and presenting results to senior management.

Responsibilities include planning risk-based test plans, evaluating controls, coaching staff, coordinating with groups, and training junior staff; requires ACAMS and 5+ years in BSA/AML testing.

Qualifications

• Bachelor's Degree or equivalent.
• Minimum 5 years of audit, testing or related experience with a BSA/OFAC focus in banking operations, compliance, and/or risk management activities.
• Minimum 3 years of experience conducting audits/testing with a BSA/OFAC focus within financial institutions and supervising staff.
• ACAMS Certification.

Responsibilities

• Plan, execute and evaluate test plans with a risk-based approach.
• Assess controls, execute testing procedures, supervise and review work, and communicate results to senior management.
• Manage staff and collaborate with groups to plan, integrate and execute testing.
• Gather and evaluate information from business units and external sources.
• Support the BSA Risk Manager in ongoing discussions to improve the control environment.
• Respond to inquiries from business during testing process.
• Review and challenge BSA/OFAC monitoring conducted by 1LOD.
• Advise on internal control and governance matters and conduct risk discussions.
• Prepare and conduct training for less experienced staff.
• May participate in interviews and evaluations of new applicants.

Skills

BSA/OFAC testing

Team leadership

Verbal and written communication

MS Office

Education

Bachelor's degree or equivalent

ACAMS Certification

Job description

City National Bank in Newark, NJ seeks a Manager Financial Crimes Testing to lead a team of BSA Risk Analysts, overseeing the BSA/OFAC testing/monitoring program and presenting results to senior management.

Responsibilities include planning risk-based test plans, evaluating controls, coaching staff, coordinating with groups, and training junior staff; requires ACAMS and 5+ years in BSA/AML testing.