JOB DESCRIPTION

Overview

THIS IS A REMOTE ROLE THAT MAY BE HIRED IN SEVERAL MARKETS ACROSS THE UNITED STATES.

The Director AML/CFT manages the Bank Secrecy Act / Anti-Money Laundering and Sanctions Compliance associates responsible for oversight of financial crimes-related Issues, developing and/or challenging Risk & Control Self Assessments (RCSAs), and for creating the enterprise AML and Sanctions Risk Assessments on a periodic basis. This role directs associates reviewing compliance controls and processes, ensuring compliance with AML, BSA, and OFAC regulations and enterprise standards. The Director provides expert consultation to leaders, develops process improvements, and works with business departments and external subsidiaries to monitor regulatory compliance, driving the success of the AML/CFT program enterprise-wide.

RESPONSIBILITIES

• AML/CFT Operations
• Oversees associates, programs, and initiatives reviewing regulatory compliance within business operations.
• Leads continuous assessment and improvement of AML, BSA, and OFAC procedures.
• Influences compliance controls and processes, liaising with external partners.
• Responsible for AML/CFT reporting to senior management and governance committees.
• Risk Mitigation
• Identifies and assesses risks associated with AML, BSA, and OFAC activities.
• Directs efforts to comply with the Bank’s risk appetite and tolerances.
• Leads risk assessment and monitoring efforts.
• AML/CFT Expertise
• Maintains knowledge of regulatory requirements affecting AML, BSA, and OFAC activities.
• Advises management and associates on these laws, rules, and regulations.
• Personnel Management
• Manages team performance, training, and evaluation.
• Maximizes department achievements through professional development.
  Qualifications
  Bachelor’s Degree and 8 years of experience in Compliance, Legal, Audit, Banking or other related experience OR High School Diploma or GED and 10 years of experience in Compliance, Legal, Audit, Banking or other related experience
  Preferred Qualifications: Strong financial crimes compliance background, including CAMS or similar certification. Experience with Issues Management and RCSAs at a large financial institution. Demonstrated success in developing and sustaining enterprise AML/CFT/Sanctions risk assessments at a large financial institution. Strong analytical abilities with excellent written and verbal communication skills.
  This job posting is expected to remain active for 5 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.
  The base pay for this position is generally between $150,000 and $215,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.
  Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates.
  First Citizens Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race (including traits historically associated with race, such as hair texture and protective hairstyles), color, religion, national origin, sex, age, disability, protected veteran status, sexual orientation, gender identity, genetic information, military membership, application, or obligation, or any other legally protected status.
  Section 19 of the Federal Deposit Insurance Act prohibits First Citizens Bank from employing individuals convicted of certain criminal offenses. Offers of employment will be contingent upon a satisfactory background check.
  The Bank is committed to maintaining a safe workplace free from the influence of prohibited drugs and the misuse of alcohol and will not tolerate any prohibited drug use or alcohol misuse that jeopardizes the safety of associates, customers or others at the workplace, or threatens the Bank’s operations or competitiveness.
  If you have a disability and need special assistance or accommodation to apply for employment at First Citizens Bank, please contact our Human Resources department at 888.716.7199 or email us at hrsc@firstcitizens.com.