Business Control Monitoring Associate at PATRIOT BANK, N.A.

Stamford, Connecticut, United States -

Full Time

Start Date

Immediate

Expiry Date

28 Jan, 26

Salary

0.0

Posted On

30 Oct, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

BSA/AML Compliance, Risk Assessment, Control Testing, Issue Remediation, Key Risk Indicators, CIP, CDD, EDD, Transaction Monitoring, Regulatory Guidance, Audit Support, Analytical Skills, Communication Skills, Organizational Skills, Problem-Solving Skills, Critical Thinking Skills

Industry

Banking

Description

Description Business Control Monitoring Associate– BSA/AML is responsible for supporting the business unit in identifying, assessing, and mitigating risks related to BSA/AML compliance. This role operates within the First Line of Defense and works closely with business stakeholders to ensure appropriate controls are in place to prevent, detect, and report money laundering and other financial crimes in alignment with regulatory expectations and internal policy. Serve as a risk and control partner to the business for BSA/AML-related processes Identify and assess AML risks inherent in products, services, customers, and geographies Support execution of risk and control self-assessments (RCSAs), control testing, and issue remediation Monitor key risk indicators (KRIs) and assist in implementing controls to mitigate risk exposures Partner with Compliance and the Second Line of Defense to ensure adherence to the framework and regulatory guidance Support operational teams in ensuring controls (e.g., CIP, CDD, EDD, transaction monitoring) are effective and embedded in day-to-day activities Participate in risk governance forums and provide reporting on risk and control metrics Assist in internal and external audit or regulatory exams Requirements Bachelor’s degree in Finance, Risk Management, Business, or a related field 5+ years of experience in financial services, preferably in a risk or compliance role with exposure to BSA/AML Familiarity with key AML concepts (CIP, CDD, EDD, OFAC, transaction monitoring, SARs) Strong understanding of risk and control frameworks in the first line Excellent communication, analytical, and organizational skills CAMS certification a plus Key Competencies Excellent analytical, problem-solving, and critical thinking skills Influential communicator with cross-functional leadership skills Change management and program governance expertise Strong regulatory awareness and risk acumen Benefits 401K Health Insurance Dental Insurance Vision Insurance Health Savings Account Flexible Spending Account Employee Assistance Program Paid Time Off

Responsibilities

The Business Control Monitoring Associate is responsible for supporting the business unit in identifying, assessing, and mitigating risks related to BSA/AML compliance. This role involves working closely with business stakeholders to ensure appropriate controls are in place to prevent, detect, and report financial crimes.