Financial Crimes Governance Analyst

Financial Crimes Governance Partner

The Financial Crimes Governance Partner is responsible for the development and ongoing maintenance of the Bank's Financial Crimes risk management framework governing policies, procedures, and risk and control self-assessments. This role within Northwest's Financial Crimes Department will serve as a source of risk management best practices to both first and second lines of defense management and personnel. The role will involve engagement with the business units to promote strong risk management practices across Northwest. This position will focus on identifying, controlling and reporting risk and vulnerabilities in an effective, timely and uniform manner. This position will participate in developing the appropriate Financial Crimes training relevant to Northwest's risk profile for bank personnel, including 1LOD and 2LOD. Training shall be developed to ensure appropriate compliance with all aspects of Financial Crimes where the training is appropriate for each operational area. The position will participate in the development, implementation and maintenance of Northwest's global sanctions, anti-corruption, anti-money laundering (AML), export controls, anti-boycott programs and anti-fraud programs (collectively, "Financial Crime Risks"). Develop governance for risk-based program oversight focused on CDD, EDD, sanctions screening, transaction monitoring, SAR / No SAR decision and filings, rejected / blocked transactions reporting, and other financial crimes workstreams. This position will help formulate metrics-driven insights and recommendations to business stakeholders and support related initiatives including internal / external regulatory exams / audits and strategic projects.

Essential Functions :

• Enhance, maintain and provide direction on all Financial Crimes governing documents, framework documents and risk and control self-assessments.
• Influence outcomes across stakeholders in all lines of defense with respect to the development of risk management principles, reaching consensus on integration and alignment, and continually identifying enhancements.
• Establish stature & authority through representation at key forums across the Bank, specific to Financial Crimes, to emphasize the connectivity in principles and standards across policies and processes.
• Assist leaders within Financial Crimes in developing and enhancing existing policies and procedures.
• Assist in the development and maintenance of a consistent and common risk language, including the refinement of the existing risk taxonomy, definitions, common measurement, and ratings system.
• Serve as a subject matter expert and resource to other members of the Financial Crimes Department and other LOD management.
• Assist in developing trainings and ongoing formal and informal communication to entrench a risk management culture in the bank.
• Drive the adherence to Northwest's BSA / AML Policy and play a significant role in driving Northwest's risk culture.
• Assist leaders within Financial Crimes in evaluating gaps and areas of improvement within business processes to ensure their alignment with Northwest's risk management framework.
• Assist business unit leadership to determine Financial Crimes risk associated with new products / services to ensure appropriate risk management that adheres to Northwest's risk management framework.
• Provide subject matter expertise support for setting requirements, generating content and developing Financial Crimes Risks training plans.
• Develop and produce Financial Crimes governance reports on a regular basis to assist in reporting to senior management and the Board of Directors on the operation and progress of Financial Crimes risk management efforts.
• Maintain a current awareness