The Advisor, Bank Secrecy (Team Lead) is responsible for the execution of the BSA/AML and regulatory compliance preventive quality control interventions, as well as the direct supervision & coaching of BSA Analysts. This position will be working on a hybrid modality and is based in San Juan, PR.
MAJOR DUTIES & RESPONSIBILITIES:
- Directly oversee and supervise multiple BSA investigations analysts.
- Revise regulatory policies and procedures with appropriate testing to ensure compliance across all business units.
- Provide effective review of the work product conducted by BSA analysts for sufficiency and quality. Afterwards, is responsible for providing case feedback and coaching to ensure corrective measures, if needed.
- After proper validation is responsible for directly filling all Suspicious Activity Reports (SARs) made by Analysts
- Responsible reviewing assessing, and reporting on the effectiveness and quality of the work product from various BSA functions, including Know Your Client (KYC) and Enhanced Due Diligence (EDD), among others.
- Work with EDD/CDD & Monitoring units to ensure accurate and timely implementation of corrective actions.
- Apply established Quality Control testing, reporting and assessment standards and also assist in the improvement and development of enhanced Quality Control reporting, testing and assessment standards.
- Identify gaps and deficiencies in related BSA functions, processes, policies and procedures as well as implement corrective actions and track gap remediation.
- Review and consolidate testing results into period based reports for Compliance Management.
- Responsible for maintaining quality assurance remediation log and project management of remediation efforts.
- Serve as liaison to the Investigations Unit, in order to support the SAR filing process or investigations.
- Support and contribute as subject matter expert to BSA / AML Training Coordinator.
- Other duties as assigned
EDUCATION AND EXPERIENCE:
- Bachelor’s degree in Business Administration, Finance or any other related field.
- Five (5) or more years of demonstrated operations, compliance, anti-money laundering and Bank Secrecy compliance experience in the financial services industry required. Direct supervisory experience is required. Banking experience is required.
- Minimum education and experience required can be substituted with the equivalent combination of education, training and experience that provides the required knowledge skills and abilities.
- Strong knowledge of the BSA, AML and OFAC’s general dispositions and requirements.
- Strong understanding of testing and quality assurance standards, processes and techniques.
- Flexibility and ability to manage multiple tasks with varying priority and deadlines at the same time.
- Risked based decision making, problem solving and conflict resolution skills.
- Advanced analytical skills.
- Exhibits strong written and oral communication skills.
- Ability to work effectively with individuals and groups.
- Must be proficient in Microsoft Office (Word, Excel & PowerPoint)
- Excellent written and verbal communication skills in both: English and Spanish required. Technical writing ability required.
#Li-Hybrid
WORK AUTHORIZATION & ELEGIBILITY:
- Legally authorized to work in the US is required. This position is of indefinite duration and requires candidates to have permanent or ongoing work authorization.
- Employee is responsible for maintaining eligible work authorization throughout his tenure with the organization.
Oriental is an Equal Opportunity Employer (EEO/Affirmative Action for Veterans/Workers with Disabilities)
Recruitment Privacy Statement
Compliance Posters
#LI-Hybrid
