Anti-Money Laundering/Know Your Customer Officer - Associate

AML/KYC Controls team provides oversight and guidance so that the business delivers Anti-Money Laundering (AML) and Know-Your-Customer (KYC) strategies to assure our product and our customer base are fully compliant with Bank Secrecy Act (BSA), PATRIOT Act and FINRA requirements.

AML/KYC Controls works closely with various groups within CCB, such as the AML/KYC Ops, Business Development and Relationship Management, and Operational teams to deliver ongoing requirements for capturing, reporting and monitoring compliance with regulatory standards.

Team is responsible for Anti Money Laundering (AML) strategic initiatives/projects to meet regulatory obligations.

This will include conducting research, analysis and providing qualitative/quantitative insights to lead and direct the projects and initiatives to meet our AML/KYC Standards.

The role requires alignment with the Firm's AML Consent Order initiatives and will require coordination with Project Teams, Compliance, Technology, Training, Communications, Legal, AML Operations and the Business.

Team members are responsible to be knowledgeable of AML/KYC policies and standards to ensure projects and initiatives are within compliance and mitigate the AML/KYC risks to an acceptable level.

Job Responsibilities:


* Assist in building best-in-class AML/Compliance programs by providing support in the design, development, implementation, review and reporting on AML projects and initiatives, addressing certain AML risks and controls.


* Provides support in development of solutions or systems to fix identified issues or gaps.

Complete all assigned tasks in support of projects with strong attention to the quality and timeliness of expected results.

May facilitate proper recommendation & escalation to management.

Support the successful transition of projects to business-as-usual status.


* Produce standard and ad hoc management reports and presentations for assigned projects and initiatives.

May present project decks to management.


* Coordinate with Risk Officer, Compliance Officers, Legal Advisors, and additional partners on LOB specific and potentially on cross-LOB issues.


* Provides support for Exam/Audit/Compliance readiness with ability to provide documentation of processes and proof of compliance with the firm policies and KYC Standards.


* Actively maintain up to date knowledge of regulatory and role-specific requirements.

Gain a solid understanding of the AML/KYC risk management and control framework and monitor application of best practices and control standards throughout all assigned tasks.


* Provides ad hoc support to senior team members as requested.

Provide personal support to new team members by facilitating shadowing and mentoring sessions.


* Makes recommendations on assigned tasks and implements recommendations within department to execute on tasks.


* Ability to make decisions on day-to-day issues and refers to manager on decisions regarding project ...