Established bank with headquarters is looking for an AML Officer to join its growing team. The position is hybrid in Midtown.

Responsibilities:

• Develop, implement and administer all aspects of the BSA/AML/OFAC compliance program.
• Assist the CCO in developing and implementing compliance policies and procedures that align with regulatory requirements and the company's business objectives.
• Monitor and assess the effectiveness of the company's compliance program, and recommend improvements as necessary.
• Oversee the development and implementation of the company’s compliance governance framework, including policies, procedures and internal controls.
• Manage Corporate Compliance program; monitor, assess and report on the effectiveness of the branch’s corporate compliance program, including identifying and assessing compliance risks, and recommend improvements as necessary.
• Ensure that the company's employees are aware of and trained on compliance policies and procedures.
• Work closely with the business lines to identify and assess compliance risks associated with new products, services, or activities.
• Investigate and resolve compliance-related issues, and escalate issues to the Chief Compliance Officer when necessary.
• Conduct periodic compliance assessments and audits to identify potential areas of non-compliance, and recommend corrective actions.
• Provide guidance to bank management on matters of compliance and regulation.
• Prepare and submit regulatory filings, reports, and disclosures as required by applicable laws and regulations.
• Perform second-level alert release from Sanction Screening system, when required.
• Manage quality assurance program and ensure remediation of identified issues.
• Manage and mentor the compliance team to ensure high levels of performance and engagement
• Keep abreast of regulatory changes and industry developments, and assess their impact on the company's compliance program.
• Assist with any ad-hoc projects as assigned by the CCO

Minimum Qualifications:

• 10 years of experience in BSA/AML/KYC/OFAC, generalist in financial crimes
• BSA/AML experience
• Well-organized, analytical, and critical thinking skills
• Excellent verbal and written communication and interpersonal skills