City National Bank
Financial Crimes Analyst II
City National Bank, Los Angeles, California, United States, 90079
FINANCIAL CRIMES ANALYST II
Under the direction of the BSA Risk Manager, you will be responsible for the periodic BSA internal controls testing function of the Bank's BSA risk assessment program. Your role includes monitoring, analyzing, and escalating issues and concerns related to BSA, AML, OFAC, and the USA PATRIOT Act components of the Bank's BSA Program while utilizing sound and current compliance industry standards and practices. You may assist in the development of new and/or updated policies and procedures related to BSA, AML, OFAC, and the USA PATRIOT Act bank-wide. You will play a key liaison role with colleagues throughout the organization regarding BSA, AML, OFAC, and the USA PATRIOT Act, and you will build and maintain relationships with internal and external customers while providing exemplary customer service.
WHAT WILL YOU DO
Carries out compliance monitoring, internal controls risk assessments, and internal controls testing program ensuring that there are adequate processes, procedures and internal controls to promote an effective BSA control environment, under the guidance of the BSA Risk Manager. Prioritizes focus toward areas identified as having the highest levels of risk to the company.
Works directly with business units and support management as a consultant in the development of business unit’s risk self-assessment programs.
Performs scheduled and periodic testing of overall business processes and controls related to the implementation and management of the bank’s products and services, including geographic considerations to identify compliance gaps and potential risk exposure.
Analyzes and evaluates compliance risks and recommends changes to policies, procedures, and processes to reasonably ensure risk‑based and appropriate controls are instigated and maintained.
Assists in the development of new and/or updated policy and procedures related to BSA, AML, OFAC and the USA PATRIOT Act bank-wide. Partners with business units for the development of departmental policy and procedures.
Partners with business units to remediate BSA, AML, OFAC and the USA PATRIOT Act compliance findings identified in risk assessments, internal audits and/or regulatory examinations.
Performs daily activities of assigned functional area; prioritizes, completes multiple activities, and resolves problems as they arise.
Ensures activities are in compliance with legal/regulatory requirements and CNB policy and procedure.
Communicates and escalates (as assigned) identified BSA, AML, OFAC and USA PATRIOT Act operational concerns to the appropriate level of management.
Maintains an up-to-date Master Compliance Audit Follow‑up Log for outstanding BSA‑related Audit and OCC Examination issues, and the BSA Risk Assessments Open Issues Log.
Integrates activities with other departments to accomplish common goals.
Maintains up‑to‑date knowledge of Bank policies, procedures and industry best practices.
Participates in and completes bank‑wide projects.
Serves as resource (as needed) to internal and external customers; ensures quality customer service and effective and efficient operational support.
Applies both technical and general business knowledge to resolve the most complex issues in assigned function.
Performs other duties as assigned or requested.
Responsible for performing testing of moderate to complex components of assigned engagements within the Financial Crimes Compliance Monitoring Program and/or Annual Test Plan.
Performs review and challenge of self‑assurance activities conducted by the First Line of Defense.
Assesses controls for design and operating effectiveness in accordance with established policies.
WHAT DO YOU NEED TO SUCCEED? Required Qualifications
Bachelor's Degree or equivalent
Minimum 3 years of experience with BSA regulations concerning KYC, EDD, Financial crime investigations and regulatory reporting.
Minimum 3 years experience in a BSA specific role at a financial institution.
Current Certified Anti‑Money Laundering Specialist (CAMS) Certification.
Additional Qualifications
Working knowledge of banking operations, government regulations, accounting principles and account reconciliation.
Experience using Microsoft Word, Excel and Access required.
Knowledge and understanding of federal regulations pertaining to the Bank Secrecy Act required.
BSA Testing or audit experience preferred. Excellent problem solving and analytical skills required.
Excellent verbal/written and written communication skills required to interact with all levels of Bank personnel and outside contacts.
Tableau experience is preferred.
Experience with AML Monitoring Systems such as Actimize is preferred.
Compensation Starting base salary: $55,000-$95,000. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks
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.
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.
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WHAT WILL YOU DO
Carries out compliance monitoring, internal controls risk assessments, and internal controls testing program ensuring that there are adequate processes, procedures and internal controls to promote an effective BSA control environment, under the guidance of the BSA Risk Manager. Prioritizes focus toward areas identified as having the highest levels of risk to the company.
Works directly with business units and support management as a consultant in the development of business unit’s risk self-assessment programs.
Performs scheduled and periodic testing of overall business processes and controls related to the implementation and management of the bank’s products and services, including geographic considerations to identify compliance gaps and potential risk exposure.
Analyzes and evaluates compliance risks and recommends changes to policies, procedures, and processes to reasonably ensure risk‑based and appropriate controls are instigated and maintained.
Assists in the development of new and/or updated policy and procedures related to BSA, AML, OFAC and the USA PATRIOT Act bank-wide. Partners with business units for the development of departmental policy and procedures.
Partners with business units to remediate BSA, AML, OFAC and the USA PATRIOT Act compliance findings identified in risk assessments, internal audits and/or regulatory examinations.
Performs daily activities of assigned functional area; prioritizes, completes multiple activities, and resolves problems as they arise.
Ensures activities are in compliance with legal/regulatory requirements and CNB policy and procedure.
Communicates and escalates (as assigned) identified BSA, AML, OFAC and USA PATRIOT Act operational concerns to the appropriate level of management.
Maintains an up-to-date Master Compliance Audit Follow‑up Log for outstanding BSA‑related Audit and OCC Examination issues, and the BSA Risk Assessments Open Issues Log.
Integrates activities with other departments to accomplish common goals.
Maintains up‑to‑date knowledge of Bank policies, procedures and industry best practices.
Participates in and completes bank‑wide projects.
Serves as resource (as needed) to internal and external customers; ensures quality customer service and effective and efficient operational support.
Applies both technical and general business knowledge to resolve the most complex issues in assigned function.
Performs other duties as assigned or requested.
Responsible for performing testing of moderate to complex components of assigned engagements within the Financial Crimes Compliance Monitoring Program and/or Annual Test Plan.
Performs review and challenge of self‑assurance activities conducted by the First Line of Defense.
Assesses controls for design and operating effectiveness in accordance with established policies.
WHAT DO YOU NEED TO SUCCEED? Required Qualifications
Bachelor's Degree or equivalent
Minimum 3 years of experience with BSA regulations concerning KYC, EDD, Financial crime investigations and regulatory reporting.
Minimum 3 years experience in a BSA specific role at a financial institution.
Current Certified Anti‑Money Laundering Specialist (CAMS) Certification.
Additional Qualifications
Working knowledge of banking operations, government regulations, accounting principles and account reconciliation.
Experience using Microsoft Word, Excel and Access required.
Knowledge and understanding of federal regulations pertaining to the Bank Secrecy Act required.
BSA Testing or audit experience preferred. Excellent problem solving and analytical skills required.
Excellent verbal/written and written communication skills required to interact with all levels of Bank personnel and outside contacts.
Tableau experience is preferred.
Experience with AML Monitoring Systems such as Actimize is preferred.
Compensation Starting base salary: $55,000-$95,000. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks
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.
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.
#J-18808-Ljbffr