AML Risk Assessment

The role involves leading risk assessment initiatives, managing communication with stakeholders, and ensuring effective control measures and reporting processes. Primarily focused on overseeing and enhancing the risk assessment processes related to BSA/AML and OFAC compliance within a bank.

Client Details

Our client is a key player in both the domestic and international banking sectors, with a rich history and a broad range of financial services.

Description

• Leading the process of annual updates on product risk rating methodology, product risk rating process, and new product approval process with an inventory of products and their ratings
• Assisting in Enhancing and updating the BSA/AML and OFAC Risk Assessment Methodology, development of the annual risk assessment plan, executing and documenting the risk assessment with supporting documentation and reporting the results to senior management

Profile

• Several years of experience in risk management, internal auditing, compliance, or related fields within the banking or financial services industry.
• Experience in assessing financial, operational, compliance, and strategic risks, with a strong understanding of banking regulations and risk assessment methodologies.

Job Offer

• Medical, Dental, and Vision Benefits!
• Opportunity for role to be converted permanent!

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.