5 yrs required
Columbus, OH, United States
Nov 28, 2022
Financial Crimes Governance Compliance Manager - Embedded Banking
The candidate should have solid knowledge of BSA/AML and OFAC/Sanctions banking regulations, regulatory expectations, and risks, especially as they pertain to commercial/institutional payment systems and use of third-parties in critical business processes, including Fintechs and vendors. Work closely with business partners to develop BSA/AML and OFAC/Sanctions requirements and strategies to expand business involving new products and services. Help to facilitate the new product development process that may include engagement with other teams (e.g., Third-Party Management). Review of new or changing regulations impacting the bank that involve commercial/institutional payment systems and use of third-parties in critical business processes, including Fintechs and vendors. Serve as source of subject matter compliance expertise with regard to commercial/institutional payment systems and use of third-parties in critical business processes, including Fintechs and vendors. Assists in resolving compliance issues and promoting effective and consistent management of compliance risks. Help ensure lines of communication between the departments and business units/entities executing compliance requirements remain open and aligned with processes to gain efficiencies, avoid unnecessary redundancies, and coincide with business and customer risk profiles. Work closely with AML and OFAC/Sanctions operations support areas to ensure compliance with BSA/AML and OFAC/Sanctions requirements including onboarding, enhanced due diligence, and investigations reviews. Drive or participate as stakeholder or team member on projects/initiatives as warranted by scope. Participate in new business initiatives, new product development, and product analysis. Effectively and professionally interact with internal audit and/or regulatory agency personnel including answering examination information requests, addressing examination findings, and discussing compliance processes and policies. Promote a proactive compliance culture, delivering advice and guidance to the business/support functions.