BSA / AML Regulatory Issue Verification Internal Audit (5 roles)

BSA / AML Regulatory Issue Verification Internal Audit (5 roles)

NYC,NY | Baltimore or Remote

6 Months

Experience (in years) : 10+ years in Regulatory audit for large U.S. banks (JPM, Morgan Stanley, Citi, etc.) or International Financial Institutions (HSBC, Barclays, UBS, DB, etc.)

Summary :

Seeking a team of regulatory auditor with experience performing audit closure verification testing and BSA / AML subject matter expertise. The roles require knowledge of BSA / AML controls including suspicious activity monitoring and reporting, and customer due diligence (onboarding, customer risk ranking, enhanced due diligence (EDD)).

Scope and Deliverables :

Oversee completion of closure verification testing of junior auditors performing design and operational effectiveness testing of Fed / OCC issue remediation actions

Perform design and operational effectiveness testing of Fed / OCC issue remediation actions

Interact with management action owners

Assess documentation of action plan completion

Select and test operational instances of new and enhanced controls supporting action plan completion

Skillsets Required :

Advanced understanding of audit issue verification techniques

Experience with US regulatory expectations

Advanced understanding of suspicious activity monitoring controls (i.e. automated monitoring and case management systems; AML risk typologies; transaction alert creation and disposition; financial crimes investigations; SAR reporting; policies and procedures; program governance)

Advanced understanding of customer due diligence (i.e. customer onboarding workflows; customer risk assessments; CIP / CDD / EDD regulatory and industry expectations; periodic reviews; ongoing customer activity reviews; policies and procedures; program governance)

Additional Sills : Skills :

Category

Name

Required

Importance

Experience

SkillCategoryTest1_MN

Internal Auditing

Yes

7+ years