Senior Counsel-AML / Financial Crimes

SENIOR COUNSEL- AML / FINANCIAL CRIMES

WHAT IS THE OPPORTUNITY?

The Senior Counsel-

AML / Financial Crimes

will provide legal advice to City National Bank, a national banking association and its subsidiaries

affiliates

and related companies to minimize legal and regulatory risk associated with money laundering, economic sanctions, and other financial crimes

• . Candidate must have substantial experience advising

regulated financial institutions (including national banks and broker-dealers)

on

laws and

regulations

relating to AML and Financial Crimes, including those

promulgated by

FinCEN, the OCC, FINRA, and the SEC.

Significant expertise in assigned area of focus is essential as is the ability to work and communicate effectively with management and colleagues at multiple levels.

WHAT WILL YOU DO?

Responsibilities :

Provide legal advice to all three lines of defense (front line, Risk / Compliance, Audit)

, broker-dealer businesses, and other U.S.-based businesses

regarding all aspects of AML laws, including the Bank Secrecy Act

, and other financial crimes.

Advise on high-risk client relationships and assist with de-marketing efforts.

Provide ongoing interpretation and implementation requirements for laws and regulations relating to AML and financial crimes.

Review policies, procedures, and controls to ensure compliance with applicable laws and regulations.

Provide legal advice on other financial crimes, including fraud and elder abuse.

Provide legal support for relevant investigations, regulatory reporting, and regulatory examination issues

Assist lines of businesses and other functions to

identify, assess, and mitigate AML risks, including

advising on

customer due diligence (CDD), suspicious activity reporting (SAR), and transaction monitoring

Assist with legal aspects of

remediation efforts, and

advise on

regulatory communications and responses to regulators and training materials to ensure regulatory compliance.

Advise on OFAC reporting obligations.

Review AML and Sanctions -related language in client and vendor agreements; work on inter-company agreements for AML services.

Collaborate with internal and external counsel and cross-functional teams, including compliance / risk to identify and mitigate risks associated with Financial Crimes.

Assist with special projects and product initiatives

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications

to financial institutions on legal and regulatory matters

Additional Qualifications

WHAT'S IN IT FOR YOU?

Compensation

Starting base salary : $141,830 - $263,408 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and / or commissions.

Benefits and Perks

At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including :

Get a more detailed look at our

Benefits and Perks

ABOUT US

Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at

About Us

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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