Senior Risk Compliance Officer - EDD

First Horizon Bank; Knoxville (TN); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Medical insurance and wellness

Dental

Vision

HSA with company match

Parental leave

Tuition reimbursement

Mentor program

401(k) with match

Job summary

First Horizon Bank in Memphis, TN is seeking a senior analyst to perform complex confidential research and investigations of money laundering and other financial crimes. The role requires in-depth knowledge of BSA/AML/OFAC regulations.

You will monitor client relationships, conduct due diligence, analyze transactions for suspicious activity, and prepare cases for management review. Strong data analysis and ability to handle large data sets are essential.

Qualifications

• Bachelor’s degree preferred or required.
• 5–10 years of experience in a financial institution.
• 5–10 years of BSA/AML experience.

Responsibilities

• Monitor client relationships and conduct customer due diligence (including enhanced due diligence for complex clients).
• Analyze client account transactions to detect suspicious activity using large data sets.
• Decide on actions regarding further investigation and document findings for management review.
• Provide risk rating recommendations for client relationships and onboarding decisions.
• Assist in onboarding reviews and supplemental processes for complex clientele.
• Exhibit urgency, meet deadlines, and maintain accuracy and quality standards.
• Train associates and assist the Manager with various duties; participate in audits and regulator exams.

Education

Bachelor's Degree

Job description

Location: On site in Memphis TN; Longwood, FL; Miami Lakes, FL; Asheboro, NC; Lafayette, LA; Knoxville, TN

SUMMARY

The position is responsible for performing complex confidential research and investigations of money laundering and other financial crimes. Must have in-depth knowledge of BSA/AML/OFAC regulations.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Monitor all aspects of client relationships and conduct customer due diligence and enhanced due diligence when necessary for a combination of client types including complex clients.

• Analyze client account transactions to detect suspicious activity. Must have the ability to analyze large sets of data in a timely manner.

• Make decisions on appropriate action to take regarding the need for further investigation.

• Document the summary of investigative findings (e.g., copies of statements/checks, media search results, results from internal system searches, etc.) and prepare cases for review and approval by management.

• Provide risk rating recommendations to management for clients’ relationships reviewed, by determining if client is low or potentially high risk or if account closure is recommended.

• Onboarding - Review and Analyze prospect client(s) prior to onboarding.

• Perform supplemental processes for complex clientele.

• Exhibit a sense of urgency, adhere to deadlines and meet department quality standards for accuracy and completeness of work.

• Assist in training other associates and assist the Manager with various other job duties and assignments.

• Participate in exams/audits by assisting in gathering of data for federal regulators, state examiners, independent auditors, and law enforcement.

• Performs all other duties as assigned.

SUPERVISORY RESPONSIBILITIES

1. No supervisory responsibilities

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Additionally, the qualifications listed below are representative of the knowledge, skills, and/or abilities required in this position:

• Education Preferred – Bachelor’s Degree

• Experience Required – 5 – 10 years of financial institution experience

• 5 – 10 years of BSA/AML experience

CERTIFICATES, LICENSES, REGISTRATIONS (Ex: CPA, Series 6 or 7 license, etc)

None required

About Us

First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com (https://urldefense.com/v3/__https:/www.firsthorizon.com/__;!!Cz2fjcuE!hpq9hPnrucZCPIAVPojVESItIq-FPzhurNdCrQ3JE8Rkx3gMd70nIk6_kmPxl66_oJCEsXs0gNunPowMAMHCmBYPOtUxUGI$) .

Benefit Highlights

• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits

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Job Identification: 932

Job Category: Support

Job Schedule: Full time