Job Description

FINANCIAL CRIMES ANALYST SENIOR I

WHAT IS THE OPPORTUNITY?

Under the direction of the Screening Systems Manager, this colleague is responsible for performing model risk management tasks and responsibilities in support of the Bank's screening models. . Responsible for 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. Develop new and/or updates to policy and procedures related to BSA, AML, OFAC and the USA PATRIOT Act Bank wide. Plays a key role as a liaison with colleagues throughout the organization related to BSA, AML, OFAC and the USA PATRIOT Act. Responsible for building and maintaining relationships with internal and external customers while providing exemplary customer service. 

WHAT WILL YOU DO?

• Supports the Bank's screening models by completing testing and reporting tasks in compliance with the Bank's Enterprise Model Risk Management Policy. 
• Analyzes and escalates 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.
• Identify gaps and deficiencies in related BSA functions, processes, policies and procedures as well as create and implement corrective actions and track gap remediation.
• Develops and presents training to assist in gap remediation and required enhancements.
• Communicates and escalates (as assigned) identified BSA, AML, OFAC and USA PATRIOT Act operational concerns to the appropriate level of management.
• Completes special projects as assigned.
• Attends internal and external meetings, seminars, workshops, etc. to expand professional expertise.
• Maintains up-to-date knowledge of Bank policies, procedures and industry best practices.

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications*

• Bachelor's Degree or equivalent
• Minimum 5 years of Banking industry experience
• Minimum 4 years of experience in a BSA/OFAC specific role (such as those involving KYC, EDD, financial crime investigations, compliance) at a financial institution
• ACAMS Current Certified Anti-Money Laundering Specialist (CAMS) Certification

Additional Qualifications

• Model risk management experience
• Tuning/testing of financial crimes screening models
• Experience with LexisNexis Bridger, Insight, XG or similar screening systems
• Working knowledge of banking operations and Bank Secrecy Act/Office of Foreign Assets Control regulations
• Experience using Microsoft Word, Excel and Access required.
• Knowledge and understanding of federal regulations pertaining to the Bank Secrecy Act and Office of Foreign Assets Control required.
• 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.
• Experience with quality control, audit or compliance testing is preferred.
• Support Financial Crimes Model Risk Management compliance, including model testing, reporting and data analysis.
• Exercises independent judgement in identifying issues and assessing risk
• Maintain authoritative knowledge and understanding of laws and regulations, regulatory guidance, policy and procedures for operational functions covered/tested.
• Assist risk management team with departmental initiatives and other duties as assigned.
• Experience with SQL, Python

WHAT'S IN IT FOR YOU?

Compensation

Starting base salary: $71,869 - $114,797 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

Get a more detailed look at our Benefits and Perks .

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.

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