Head of Financial Intelligence Unit (FIU) and Anti-Bribery and Corruption (ABC)

Summary:

The FS Head of Financial Intelligence Unit (FIU) responsibilities include the following: managing a team of FIU investigators responsible for reviewing transaction monitoring alerts, conducting enhanced investigations, drafting and filing Suspicious Activity Reports (SARs) with FinCEN in addition to reviewing and dispositioning escalated real-time sanctions transaction screening alerts. Additionally, the FIU Head and the FIU team is responsible for administering the Anti-Bribery and Corruption (ABAC) and Fraud programs which includes reviews of all relevant gifts, entertainment, political contribution, charitable contributions and sponsorship requests to ensure compliance with internal policies and procedures and regulatory requirements issued by the Foreign Corrupt Practices Act (FCPA) and the French Sapin II Anti-Corruption regulation.

Key Responsibilities:

• Manage a team of FIU investigators responsible for transaction monitoring, investigation, SAR drafting, real-time sanctions screening alerts and administering the ABAC and Fraud programs.
• Enhance and implement the Bank’s transaction monitoring and investigations program.
• Oversee the FIU team’s reviews of transaction monitoring alerts to ensure that all activity is in compliance w/ current BSA/AML regulatory standards, and ensure that transaction monitoring alerts are documented and dispositioned in compliance with the standards established in the Bank’s policies and procedures.
• Review enhanced investigations on activity that may be deemed possibly suspicious.
• Work with the Head Office to ensure effective model management of the transaction monitoring model.
• File Suspicious Activity Reports to FinCEN related to potentially suspicious activity.
• Serve as an escalation point for any real-time sanctions payment messages.
• Collect and compile KRI, KPI and metrics, for reporting to management and/or Head Office.
• Ensure compliance with the FinCEN 314a process.
• Serve as the FinCEN 314b contact for the Bank.
• Assist with any enhancement projects in regards to the Bank’s FIU program.
• Support the annual process of compliance certification with NYS DFS Regulation Part 504.
• Assist with compilation and analysis of data for the Bank's BSA/AML and OFAC Risk Assessments.
• Manage the ABAC and Fraud programs ensuring that all relevant gifts, entertainment and political contributions are appropriately disclosed, reviewed and dispositioned.
• Provide material support to the Regional Head of Financial Security on all audits and regulatory exams.

Management and Reporting:

The position reports directly to the Regional Head of Financial Security – Americas.

Key Internal Contacts:

The employee will interact on a regular basis with Senior Management, Front Office personnel, Head Office Compliance personnel, and other relevant stakeholders as required.

Key External Contacts:

The employee will have occasion to interact with external auditors and/or regulators during exams.

Education:

• College degree
• CAMS Certification a plus

Experience:

• 8-10 years of experience in banking, with focus in financial intelligence

Competencies Required:

• Knowledge of BSA/AML, Sanctions/risks, Anti-Bribery and Corruption and Fraud topics

Skills & Knowledge Essential:

• Ability to manage a team of analysts