<p>Summary:</p> <p>Â</p> <p>This position is placed within the Advisory group of the Financial Security team. The position's main responsibilities are centered on the following: reviewing and validating high risk KYC files, and providing AML and/or sanctions related guidance to the Bankâs 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.ÂÂÂ</p> <p>Â</p> <p>Â</p> <p>Key Responsibilities:</p> <p>Â</p> <p>Review and validation of High Risk KYC files to ensure completeness and compliance with Bank policies and Regulatory Requirements.</p> <p>Review and issue regulatory guidance to Bank staff on proposed activities and transactions.</p> <p>Review daily transactions to ensure that all activity is in compliance w/ current BSA/AML regulatory standards.</p> <p>Review of daily reports and reconciliations of all daily transaction and customer uploads within compliance databases.</p> <p>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 Bankâs policies and procedures.</p> <p>Assist with the implementation of any new requirements that come as a result of new regulations or policies and procedures.</p> <p>Provide guidance to Front Office and Support staff on AML specific queries concerning proposed customers and/or transactions.</p> <p>Assist with analysis of data for the Bank's BSA/AML and OFAC Risk Assessments.</p> <p>Â</p> <p>Â</p> <p>Management and Reporting:</p> <p>Â</p> <p>The position reports directly to the Head of Advisory â Financial Security.</p> <p>Â</p> <p>Â</p> <p>Â</p> <p>Key Internal Contacts:</p> <p>Â</p> <p>The employee will most likely interact on a regular basis with the Client On Boarding group, Front Office personnel, Head Office Compliance personnel, and IT support.</p> <p>Â</p> <p>Â</p> <p>Â</p> <p>Key External Contacts:</p> <p>Â</p> <p>The employee may have occasion to interact with external auditors and/or regulators during exams.</p> <p>Â</p> <p>Salary Range: $115k - $150k</p> <p>Â</p> <p>#LI-DNI</p> <p>Â</p> <p>Knowledge of US AML and OFAC regulations</p> <p>CAMS Certification</p> <p>Knowledge of International AML and Sanctions regulations</p> <p>IT Knowledge of Payment systems</p> <p>IT Knowledge of AML tools</p>