Global Financial Crimes Specialist

The GFC Specialist assists in engaging other Compliance and Operational Risk (“C&OR”) officers, including horizontal coverage owners and Enterprise Areas of Coverage (“EAC”), to provide comprehensive oversight of FLU/CF activities. This role assists in developing and maintaining a global coverage plan which defines the scope and risk-based focus of the second line’s risk management activities. The GFC Specialist also assists in preparing materials for C&OR regulatory exams/audits/inquiries and may assist with preparation for FLU/CF regulatory exams/audits/inquiries.
This is a role focused on the Brazil franchise, responsible for ensuring consistent quality of activities, processes and outputs by engaging in effective review practices across the team.
**Responsibilities**:
Activities this role performs include, but are not limited to:
- Assists in the production of independent financial crimes risk management reporting to Global Compliance & Operational Risk (“GC&OR”) Senior Leaders and FLU/CF Senior Leaders via established governance and management routines
- Assists in the development and maintenance of financial crimes owned policies and standards and the review of relevant FLU/CF-owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed
- Assists in the monitoring of changes in regulations applicable to GFC, including advising business leaders on those changes, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed; ensures a comprehensive regulatory inventory
- Assists in the identification, aggregation, reporting, and escalation of the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes
- Assists in the escalation of financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees
- Assists in the remediation of financial crimes related C&OR “owned” issues and control enhancements to ensure they are addressed appropriately and timely
- Contributes to risk coverage plans, executes independent risk monitoring, testing, and risk assessments, communicates results
- Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)
Additional activities may include:
- Assists in the filing of all regulatory reports for the Company related to Financial Crimes
- The Global Financial Crimes (“GFC”) Specialist, under supervision, assists Global Financial Crimes executives and managers with various activities in support of the identification, escalation and timely mitigation of compliance and operational risks in alignment with the Enterprise Financial Crimes Policy and Standards.
- Responsibilities may include identification, escalation, and resolution of financial crimes issues, writing and contributing to financial crimes risk assessments, coordinating materials and retaining documentation for related audits and examinations, reviewing and dispositioning relationship closure recommendations, communicating across various levels of management and diverse business areas, creating reporting and/or tracking documentation, and assessing customer and front line unit activities to detect and deter financial crimes.
**Core skills and requirements**:
- +5 years Financial Industry experience
- Bachelor Degree or +3 years’ experience with AML/BSA (or other financial crimes matters)
- Certifications: ACAMS - Association of Certified Anti-Money Laundering Specialists or other certification would be advantageous
- Knowledge of global markets, banking and investment banking businesses, and related financial crimes risks
- Excellent written and oral communication skills- Ability to work in a high energy environment and to strict deadlines
- Be a team player, with ability to work independently
- Audit and/or economic sanctions experience desirable
- Project management experience desirable
- Fluency in Portuguese and English required
**Job Band**:
H5**Shift**:
**Hours Per Week**:
40**Weekly Schedule**:
**Referral Bonus Amount**:
0

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