Company: City National Bank
Location: Wilmington, DE
Career Level: Mid-Senior Level
Industries: Banking, Insurance, Financial Services
Description
SUPERVISOR FINANCIAL CRIMES COMPLIANCE WHAT IS THE OPPORTUNITY? The Financial Intelligence Supervisor is responsible for assisting the Financial Intelligence Manager is supporting a team of Analysts charged with the responsibility of performing due diligence and enhanced due diligence and reporting potential suspicious money laundering or terrorist financing activity in our Know Your Client Department. The individual provides guidance and training, maintains and continues to enhance comprehensive investigative due diligence processes that capture all available information on High Risk Clients that can be summarized into a report for dissemination to our business partners. The supervisor is to be familiar with bank products, services, attributes of higher risk clients, documentation on business entities, high risk geographic locations and the potential money laundering risks and other typologies associated with those activities. This position will oversee all aspects of a compliant Bank Secrecy Act (BSA) investigations program. WHAT WILL YOU DO?
- Assists in managing an analyst team responsible for performing timely investigations with well-reasoned and supported decision making
- Reviews investigative cases and risk rates the client appropriately
- Ensures BSA, USA PATRIOT ACT, and CNB compliance and oversight as it relates to: Conduct research over available Bank systems, the internet and databases consistent with the resolution of investigations. Obtain the appropriate documentation to assist in identifying unusual transaction patterns. Document and report the investigation findings in the case management system and prepare reports to management as required. Review recommendations for Suspicious Activity Reports (SARs).
- Identifies and recommends enhancements to workflow inefficiencies.
- Maintains, updates, and ensures adherence to policies and procedures.
- Trains new analysts and provides continuous training materials and resources to the analysts
- Responsible for department reconciliations as required.
- Communicates directly with branch personnel and department managers, internal audit department as appropriate
- Responsible for communicating with internal and external entities to include senior managers, relationship managers and other BSA-related units.
- Assists with system changes, testing and maintenance of internal bank lists that affect the scoring of the KYC forms and case management systems.
- Leads special projects as necessary.
- Bachelor's Degree or equivalent
- Minimum of 5 to 7 years' experience in Banking Services, Quality Assurance, Audit or Operations
- Minimum of 5 years supervisory experience
- Minimum of 3 years of experience with strong exposure to KYC/AML/CDD/EDD or due diligence teams
- Thorough knowledge of BSA and USA PATRIOT Acts
- Good interpersonal skills with the ability to interact with all levels of staff and Senior Management
- Solid analytical skills with the ability to understand business functions and processes swiftly
- Ability to be flexible, follow tight deadlines, organize and prioritize work and deliver results quickly
- Above-average communication, conflict management and negotiation skills;
- Works independent. motivated, team player, self- starter and able to work independently
- Resourceful and internet savvy
- Proficient with Microsoft Office products
WHAT'S IN IT FOR YOU? Compensation Starting base salary: $77,000 - $143,000 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:
- Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
- Generous 401(k) company matching contribution
- Career Development through Tuition Reimbursement and other internal upskilling and training resources
- Valued Time Away benefits including vacation, sick and volunteer time
- Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
- Career Mobility support from a dedicated recruitment team
- Colleague Resource Groups to support networking and community engagement
ABOUT US Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.
Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
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