Federal Reserve Bank (FRB)
Legal & Compliance Risk Senior Associate (Finance)
What we do:
The Federal Reserve Bank of New York (FRBNY) is seeking a senior BSA/AML Compliance Risk Specialist to join the Large and Foreign Banking Organizations Function in the Supervision Group. Through its assessment of risk management practices at financial firms, the LFBO Compliance Risk and Analytics Department plays an important role in executing Federal Reserve safety and soundness and financial stability objectives.
The senior BSA/AML Compliance Risk Specialist will focus on understanding and evaluating the compliance control framework of financial institutions with respect to anti-money laundering (AML) controls, sanctions, counter-terrorist financing (CTF) and the adequacy of firm-wide compliance programs across business lines to address risks posed by the firms' business models. The specialist will participate in and direct examinations of supervised financial institutions, conduct continuous monitoring of firms under enforcement action, and contribute to other examination, analytical, and policy work conducted by the Compliance Risk and Analytics Department.
Your role as Senior Associate- Anti-Money Laundering Specialist (BSA/AML):
Benefits:
Our organization offers benefits that are the best fit for you at every stage of your career:
Please note that the position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship and meet other eligibility requirements.
In addition, all candidates must undergo an enhanced background check, comply with all applicable information handling rules, and will be tested for all controlled substances prohibited by federal law, to include marijuana.
The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.