Supervisor Financial Crimes Compliance

Job Description

SUPERVISOR FINANCIAL CRIMES COMPLIANCE

WHAT IS THE OPPORTUNITY?

The Financial Intelligence Supervisor is responsible for assisting the Financial Intelligence Manager is supporting a team of Analysts charged with the responsibility of performing due diligence and enhanced due diligence and reporting potential suspicious money laundering or terrorist financing activity in our Know Your Client Department. The individual provides guidance and training, maintains and continues to enhance comprehensive investigative due diligence processes that capture all available information on High Risk Clients that can be summarized into a report for dissemination to our business partners. The supervisor is to be familiar with bank products, services, attributes of higher risk clients, documentation on business entities, high risk geographic locations and the potential money laundering risks and other typologies associated with those activities. This position will oversee all aspects of a compliant Bank Secrecy Act (BSA) investigations program.

WHAT WILL YOU DO?

• Assists in managing an analyst team responsible for performing timely investigations with well-reasoned and supported decision making
• Reviews investigative cases and risk rates the client appropriately
• Ensures BSA, USA PATRIOT ACT, and CNB compliance and oversight as it relates to : Conduct research over available Bank systems, the internet and databases consistent with the resolution of investigations. Obtain the appropriate documentation to assist in identifying unusual transaction patterns. Document and report the investigation findings in the case management system and prepare reports to management as required. Review recommendations for Suspicious Activity Reports (SARs).
• Identifies and recommends enhancements to workflow inefficiencies.
• Maintains, updates, and ensures adherence to policies and procedures.
• Trains new analysts and provides continuous training materials and resources to the analysts
• Responsible for department reconciliations as required.
• Communicates directly with branch personnel and department managers, internal audit department as appropriate
• Responsible for communicating with internal and external entities to include senior managers, relationship managers and other BSA-related units.
• Assists with system changes, testing and maintenance of internal bank lists that affect the scoring of the KYC forms and case management systems.
• Leads special projects as necessary.

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications

Additional Qualifications

WHAT'S IN IT FOR YOU?

Compensation

Starting base salary : $77,000 - $143,000 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.

Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.