Job Description

Compliance Testing Manager will be responsible to design, develop and execute BSA AML compliance testing program, inclusive of policies, procedures, processes and methodologies, in place to satisfy applicable U.S. legal and regulatory requirements/expectations.

Primary responsibilities include:

• Develop and implement a best practices compliance testing program and associated methodologies for its review and effective challenge of the first and second lines of defense program for the Bank.
• Perform QC reviews on Transaction Monitoring, Customer Monitoring, and Sanctions alerts.
• Execute compliance testing in order to assess compliance with legal, regulatory and internal firm policy requirements
• Focus on the applicable regulatory requirements to ensure testing is adequately designed to identify potential control gaps and non-compliance with laws and regulations
• Escalate potential issues and exception items noted during the review process to senior management
• Perform required administrative responsibilities in support of testing, including but not limited to: • Preparing and entering all issues and observations into central repository
• Prepare and distribute testing reports to senior management detailing review findings and recommendations • Prepare Workpapers documenting testing
• Perform issue management and testing/validation
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions
• Maintain a customer focused culture to deepen client relationships and leverage broader relationships, systems and knowledge

Qualifications

• You must be eligible to work in the United States without sponsorship by IDBNY
• A minimum of 5 years of compliance, audit or regulatory exam support, at least 3 of which should involve testing or audit
• Undergraduate college degree, preferred.
• Experience/background in compliance BSA/AML testing function
• Familiarity with applicable Federal and New York state banking rules including part 504
• Strong analytical and investigative skills
• Solid ability to quickly review, assimilate, prioritize and escalate issues to appropriate stakeholders
• Solid ability to manage multiple compliance reviews and projects at the same time and meet aggressive deadlines
• Outstanding written and spoken communication abilities
• Excellent teamwork, interpersonal and conflict resolution skills
• The ability to be highly organized and capable of dealing with complex projects
• CAMS certification preferred
• Experience in Big 4 Consulting preferred

Additional Information

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

All your information will be kept confidential according to EEO guidelines.

** Due to COVID-19, most of our employees are working remotely. We have implemented a virtual hiring process and continue to interview applicants by phone or video and are onboarding new hires remotely. We value the safety of our employees because we’re all in this together.**

_ NO AGENCIES PLEASE._

IDB BANK, INCLUDING ITS SUBSIDIARIES AND DIVISIONS, PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, NATIONAL ORIGIN, AGE, DISABILITY, GENETIC STATUS, CITIZENSHIP STATUS, MARITAL STATUS, MILITARY OR VETERAN STATUS, CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL, STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.