AML/KYC Controls team provides oversight and guidance so that the business delivers Anti-Money Laundering (AML) and Know-Your-Customer (KYC) strategies to assure our product and our customer base are fully compliant with Bank Secrecy Act (BSA), PATRIOT Act and FINRA requirements.
AML/KYC Controls works closely with various groups within CCB, such as the AML/KYC Ops, Business Development and Relationship Management, and Operational teams to deliver ongoing requirements for capturing, reporting and monitoring compliance with regulatory standards.
Job Responsibilities:
- Data entry and/or review of KYC data in system of record – Customer Assist and Profile Viewer.
- Present proposed solutions to GFCCand Team Leaders, as needed.
- Assist in building best-in-class AML/Compliance programs by providing support in the design, development, implementation, review and reporting on AML projects and initiatives, addressing certain AML risks and controls.
- Provide support in development of solutions or systems to fix identified issues or gaps.
- Complete all assigned tasks in support of projects with strong attention to the quality and timeliness of expected results. Facilitate proper recommendation & escalation to management. Support the successful transition of projects to business-as-usual status.
- Produce standard and ad hoc management reports and presentations for assigned projects and initiatives. Present project decks to management.
- Coordinate with Risk Officer, Compliance Officers, Legal Advisors, and additional partners on LOB specific and potentially on cross-LOB issues.
- Actively maintain up to date knowledge of regulatory and role-specific requirements. Has a solid understanding of the AML/KYC risk management and control framework and monitor application of best practices and control standards throughout all assigned tasks.
- Provide ad hoc support to management as requested. Provide personal support to new team members by facilitating shadowing and mentoring sessions.
- Deliver on assigned tasks and implements recommendations within department to execute on tasks with no oversight.
Required Qualifications, Skills and Capabilities:
- Equivalent experience required
- Minimum 1+ year of experience in financial services industry with background in controls, audit, quality assurance, operational risk management
- Problem solving, critical thinking, analytical skills
- Strong written and verbal communication skills, comfortable interacting with and presenting to all levels of management.
- Highly organized, can manage multiple projects/requests at one time, and can work across numerous lines of businesses. A proven track record to influence change
- Strong judgment, professional maturity and personal integrity, strong work ethic, proactive and results-oriented, fact based, has the courage to ask the tough questions and challenge the status quo
- Skilled with analyzing root causes of AML/KYC, compliance and risk issues
- Knowledge of Microsoft Office Suite (Word, Excel, PowerPoint) required
Preferred Qualifications, Skills and Capabilities:
- AML/KYC preferred; or equivalent subject matter expertise in a relevant business related function/operation
- Business knowledge - ability to understand the business / knowledge of regulation surrounding business
- Communication/presentation - excellent written and verbal communication skills with an ability to articulate in a meaningful and actionable manner
- Networking – strong interpersonal skills; strong collaboration and relationship building skills
- Work to affect change - flexible, adaptable to shifting priorities; managing competing priorities to achieve the most effective result and able to work in a fast-paced, results driven environment.
- Decision Making/Judgement - moderate level of independent decision making using sound judgement
- Specific knowledge and understanding of Consumer banking, Business banking and Chase Wealth Management business preferred
- Ability to be a positive and motivating advocate for change