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Risk Compliance Officer Sr. in Memphis, TN at First Tennessee Bank

Date Posted: 4/3/2019

Job Snapshot

Job Description

Job Description:
• Provide system support related to the Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) regulations. This includes performing statistical analysis for system rule implementation and tuning while ensuring compliance with model validation requirements.
• Must have a knowledge of BSA regulations. Knowledge of Actimize system preferred.
• Must have transferable skills that demonstrate the knowledge and ability to interpret and vet BSA/AML laws and regulations.
• The ability to analyze large sets of data in a timely manner.
• This job involves the exercise of discretion and judgment, with the ability to make independent decisions on matters which affect the operation of the business as a whole. Exhibits a sense of urgency, adheres to deadlines (both internal and those required by law) and meets department quality standards for accuracy and completeness of work. A key stakeholder in companywide project initiatives that expand and advance the Corporate strategy while ensuring processes/changes implemented are in compliance with all BSA/AML regulations.
• Implement new rules and tune existing rules within the Actimize system as outlined in established on-going testing and tuning schedule.
• Perform statistical analysis required to establish thresholds and document process thoroughly in supporting workpapers.
• Maintain current awareness of all BSA/AML laws and regulations.
• Exercise discretion and judgment to make independent decisions on matters which affect the operation of the business as a whole.
• Works with BSA Officer to coordinate internal and external examinations applicable to the BSA/AML regulations. If applicable, work with internal business partners to ensure corrective action plans are implemented timely.
• Perform additional duties assigned.

Requirements Job Requirements:
• Bachelor’s degree or the equivalent of education and experience
• 2 to 4 years of BSA/AML, Information Technology; Statistics; and/or BSA Systems experience required
• Risk Management, legal and/or compliance background
• Knowledge of Banking Products and Services preferred.
• Background in preparing for internal (Compliance Testing and/or Audit) and external (regulatory) examinations preferred.
• 2 to 4 years of Actimize system knowledge preferred
• Accurate typing, spelling and grammar skills.
• Proficient with applicable computer software.
• Good research, written and oral communication skills.
• Good organizational and customer service skills.
• Ability to read and interpret legal documents and government regulations and work well under pressure.

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  • All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, gender stereo typing, and age. First Tennessee is an EO employer – M/F/Vets/Disabled.
  • Please view Equal Employment Opportunity Posters provided by OFCCP