Auditor - AML / Financial Crimes

Job Summary :

We are seeking a highly analytical and detail-oriented Anti-Money Laundering (AML) Audit Professional to join our internal audit team. The ideal candidate will be responsible for evaluating the effectiveness and efficiency of AML compliance programs, identifying risks, and recommending improvements. This role is critical in ensuring the bank's adherence to regulatory requirements and best practices in the fight against financial crimes.

Key Responsibilities :

• AML Program Assessment :
• Evaluate the design and operational effectiveness of the bank's AML and Know Your Customer (KYC) programs.
• Assess adherence to regulatory frameworks, including the Bank Secrecy Act (BSA), USA PATRIOT Act, and FinCEN guidelines.
• Audit Execution :
• Conduct independent audits of AML processes, including transaction monitoring, sanctions screening, and customer due diligence.
• Develop and execute detailed audit plans, including risk assessments and audit testing strategies.
• Risk Identification and Mitigation :
• Identify control weaknesses, non-compliance issues, and areas of improvement.
• Recommend corrective actions and process enhancements to strengthen AML compliance.
• Reporting :
• Prepare comprehensive audit reports detailing findings, risks, and recommendations.
• Present findings to senior management and the audit committee.
• Stakeholder Collaboration :
• Partner with AML compliance teams, risk management, and other stakeholders to ensure alignment on regulatory requirements.
• Provide advisory support on emerging AML risks and regulatory developments.
• Continuous Improvement :
• Stay informed of evolving AML regulations and industry best practices.
• Enhance audit methodologies and tools to improve the efficiency and effectiveness of AML audits.
Qualifications :
• Education :
• Bachelor's degree in Finance, Accounting, Business, or a related field.
• Advanced degree or certification (e.g., CAMS, CFE, CIA) preferred.

Experience :