AML / OFAC Compliance officer

Vacancy details

General information

Entity

About Crdit Agricole Corporate and Investment Bank (Crdit Agricole CIB)

Crdit Agricole CIB is the corporate and investment banking arm of Crdit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022).

8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world.

Crdit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade.

The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.

For more information, please visit www.ca-cib.com

Twitter : https : / / twitter.com / ca cib

LinkedIn : https : / / www.linkedin.com / company / credit-agricole-cib /

By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.

Reference

2024-88895

Update date

18 / 04 / 2024

Job description

Business type

Types of Jobs - Compliance / Financial Security

Job title

AML / OFAC Compliance officer

Contract type

Permanent Contract

Job summary

Summary :

Reporting to the Head of Financial Security NY Advisory team in charge of advising

This position is to lead and manage the Advisory group of the Financial Security team. The position's main responsibilities are centered on the following : managing the Advisory team Analysts, assisting the Analysts in reviewing and validating high risk KYC files, and assisting the Analysts with providing AML and / or sanctions related guidance to the Bank's staff on proposed transactions.

He / she is expected to have knowledge of current anti-money laundering regulations, policies and requirements as per the Bank Secrecy Act, and the USA Patriot Act.

Key Responsibilities :

• Review and issuance of opinions for High Risk KYC files, high risk transactions to ensure completeness and compliance with Bank policies and Regulatory Requirements.
• Review and issuances of opinions for credit committee or New Activity or Product request
• Review and issue regulatory guidance to Bank staff on proposed activities and transactions.
• Prepare daily reports and reconciliations of all daily transaction and customer uploads within compliance databases.
• Assist with the analysis of updates in regulations and / or policies to ensure that the Bank is compliant with US regulations, as well as the Bank's policies and procedures.
• Participate to the implementation of any new requirements that come as a result of new regulations or policies and procedures.
• Provide guidance to Front Office and Support staff on sanctions or AML specific queries concerning proposed customers and / or transactions.
• Assist with analysis of data for the Bank's BSA / AML and OFAC Risk Assessments.

Management and Reporting :

The position reports directly to the Head of the Financial Security New York - Americas

Key Internal Contacts :

The employee will most likely interact on a regular basis with the Senior Management, Client On Boarding group, Front Office personnel, Head Office Compliance personnel, and IT support.

Key External Contacts :

The employee will have occasion to interact with external auditors and / or regulators during exams.

Salary Range : $130k - $170k

Position location

Geographical area

America, United States Of America

City

NEW YORK

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

College Degree

Level of minimal experience

6-10 years

Experience

Required : 7-10 years

7-10 years

Preferred : CAMS Certification

CAMS Certification

Required skills

Required :

• Knowledge of US AML and OFAC regulations
• Knowledge of International AML and Sanctions regulations

Preferred :

• IT Knowledge of Payment systems
• IT Knowledge of AML tools
3 days ago