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Overview

This position provides complex support for compliance efforts through analysis, reporting, and risk identification for the Bank’s AML Compliance Customer Due Diligence Program (CDD/EDD) – Cannabis Related Businesses (CRB) and Special Due Diligence reviews. Leads the investigation and resolution of discrepancies or suspicious activity identified in transactions, loans, or other business activities. Maintains an expert knowledge of Bank operations, systems, and regulations in order to identify risks. Recommends and implements process or system enhancements that improve internal controls. Reports on analysis results and operational performance to assist management with strategic enhancements. Facilitates the security and integrity of Bank activities by ensuring compliance with all applicable rules, regulations, and standards. Provides a leadership role for less experienced analysts in the work group and leads special projects.

• This position can work remote from anywhere within the United States.

Responsibilities

• Business Support - Identifies and recommends process improvements. May perform system testing or maintenance.
• Compliance Review - Leads the research and investigation of unusual activity or flagged documentation, processes, and transactions through initial and ongoing customer due diligence reviews for Cannabis Related Businesses and Special Due Diligence Reviews. Ensure compliance with applicable laws, regulations, policies, and procedures. Resolves issues, clears exceptions, or escalates as appropriate.
• Data Analysis - Sources, validates, and interprets data. Analyzes data for discrepancies and risks, effectively communicates analysis output. May assist with larger data management efforts.
• Compliance Expertise - Maintains knowledge of AML and CRB laws, regulations, procedures, and policies that affect the assigned business area through ongoing research and industry involvement. Acts as a resource to less experienced associates, providing training and expertise for complex issues. May participate in industry events, form partnerships with other professionals, or seek additional training to remain current on evolving issues. May update policies and procedures as appropriate.
• Documentation - Compiles all relevant business, process, or user information prior to compliance reviews. Ensures the accuracy, compliance, and completeness of required documentation. Maintains and updates files for the business unit. Produces reports for management on risks, trends, exceptions, and areas of improvement.

Qualifications

• Bachelor's Degree and 4 years of experience in Financial Compliance/Regulatory Environment, Legal, Audit, Banking, or other related experience OR High School Diploma or GED and 8 years of experience in Financial Compliance/Regulatory Environment, Legal, Audit, Banking, or other related experience

Preferred Qualifications

• Professional designation as a Certified Anti-Money Laundering Specialist.

The base pay for this position is relative to your experience but the range is generally $70,000 to $105,000 per year. First Citizens offers a competitive, comprehensive benefits program which you can review here: https://jobs.firstcitizens.com/benefits.