What are the responsibilities and job description for the AVP BSA AML Sanctions Testing Lead position at Bancorp Bank, The?
Overview
Work Arrangement:
***After the initial training period, this is a hybrid role, working onsite in our Wilmington, DE office.***
Oversees a team of Anti-Money Laundering (AML) Sanctions Testing Analysts to effectively design risk-based tests of Bank Secrecy Act/Anti-Money Laundering (BSA/AML) and Sanctions processes and controls within the line of business, Financial Crimes Risk Management functional area, and third parties.
Responsibilities
Essential Functions
Leadership Responsibilities
- Assists people manager in overseeing team in day-to-day operations
- Creates an inspiring team environment with an open communication culture
- Delegates tasks and set deadlines to achieve goals
- Discovers training needs and provide coaching
- Inspires confidence and motivates others to perform at their best
Qualifications
Education/Experience Requirement
- Undergraduate degree in business, finance, social science methodology or a related field or an equivalent combination of training and experience.
- 5 years of compliance testing, quality assurance, auditing experience at a large financial institution or experience in fintech and payments areas.
Preferred Qualifications
- CAMS and/or audit-related certifications.
- Strong working knowledge of auditing and AML/Sanctions testing.
- Ability to manage multiple priorities and tasks with the skills to adapt to changes in fast-paced environment.
- Ability to critically assess risks and identify level of review needed for testing.
- Ability to identify and communicate solutions for issues identified during the testing process.
- Process oriented with strong organizational skillsets.
- Excellent verbal, written, and interpersonal communication skills with the ability to work effectively with colleagues across regions and business units.
- Excellent investigative and analytical skills with the ability to uncover root causes, identify patterns, and analyze key risk trends.
- Self-motivated team player able to work effectively in a team fostered, multi-tasking environment.
- Proficient in Microsoft Office suite, e.g., Excel, PowerPoint, Word, Outlook.
- Position is required to travel 25% percent.
Additional Information
This job will be open and accepting applications for a minimum of five days from the date it was posted.
Working at The Bancorp Bank, N.A. and Benefits Information: https://thebancorp.com/company/join-our-team/
Company Culture & Background Screening
Company Culture at The Bancorp Bank: https://www.thebancorp.com/company/company-culture/
The Bancorp Bank, N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race, color, religion, gender, gender identity, sexual orientation, pregnancy, citizenship, national origin, age, disability, genetic information, veteran status or other protected category with respect to recruitment, hiring, training, promotion, and other terms and conditions of employment.
Employment with The Bancorp Bank, N.A. includes successfully passing a background check including credit, criminal, education, employment, OFAC, and social media background history.
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