Compliance Associate - Financial Crimes Risk Management Sanctions and Trade Comp

Compliance Associate - Financial Crimes Risk Management

Location : 4910 Tiedeman Road, Brooklyn Ohio

The Compliance Associate - Financial Crimes Risk Management (FCRM) Governance Team role ensures Key's compliance with Bank Secrecy Act (BSA), USA PATRIOT Act, Office of Foreign Assets Control (OFAC), and export control regulations.

Essential Job Functions :

• Review and disposition system alerts, transactions, and perform due diligence on clients that present sanctions risk to the organization.
• Work closely with AML operations to ensure compliance with AML requirements including onboarding, enhanced due diligence, and investigations reviews.
• Coordinate the dissemination of regulatory compliance regulations, related laws and guidance to Key's lines of business (LOBs) to ensure corporate-wide compliance with regulatory requirements.
• Act as corporate Subject Matter Expert resource for complex Anti-Money Laundering laws and regulatory requirements, this includes, but is not limited to, Bank Secrecy Act (BSA), USA PATRIOT Act, Office of Foreign Assets Control (OFAC), and export control regulations.
• Effectively partner and establish trusted relationships with LOB contacts, senior level management, the law group, marketing and others, regarding corporate-wide compliance issues and the identification and mitigation of compliance risk.
• Perform complex compliance tasks as assigned. This includes, but is not limited to, merger and acquisition activities, contract reviews, risk assessments, compliance risk mitigation strategies, new or existing system and / or operational implementation.
• Interact, at the direction of the OFAC Officer, with regulatory agencies and the Risk Review Group to respond to examination information requests, address exam findings, and respond to requests for comment.
• Support GRC testing and controls with self-testing and assisting in the development of new controls to assist in mitigating sanctions risk.
• Assist the OFAC Officer in new business initiatives (new product development and product analysis to ensure sanctions compliance risks are appropriately identified and mitigated.
• Special projects / other duties, as assigned

Required Qualifications :

Preferred Qualifications :

COMPENSATION AND BENEFITS :

This position is eligible to earn a base salary in the range of $56,000.00 - $85,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, exp