Sr Compliance Officer - Financial Crimes Governance
Sr Compliance Officer - Financial Crimes Governance
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Salary Not Disclosed
1 Vacancy
Job Description
Location:
4910 Tiedeman Road - Brooklyn Ohio 44144ABOUT THE JOB
Responsible for management and execution of the Financial Crimes Anti-Money Laundering (AML) and Office of Foreign Assets Control (OFAC) Risk Assessments and related processes procedures and controls. Work closely with Material Business Units (MBUs)/Lines of Business (LOBs) to promote awareness and understanding of AML/OFAC related risks including products/services customers and geographies. Ensure alignment between the enterprise AML/OFAC Risk Assessments and the Risk and Control Self-Assessment (RCSA). Work with steering committees working groups task forces and line of business partnerships to identify and manage compliance risks with assigned regulatory topics. Support the organization in strategic investments and acquisitions from an AML and OFAC regulatory compliance perspective.
ESSENTIAL JOB FUNCTIONS
- Manage the AML/OFAC Risk Assessment Team and personnel.
- Advise the business regarding their responsibilities for establishing requisite controls required to effectively and responsibly manage AML/OFAC risks. Communicate control requirements to the business and hold firm to those requirements to ensure proper risk mitigation.
- Research and analyze emerging risks regulatory focus and industry-related enforcement actions in addition to analyzing and interpreting substantial amounts of data while applying a strong knowledge of AML/BSA and OFAC risks.
- Function as corporate subject matter expert resource for complex laws and regulatory requirements (this includes but is not limited to the Bank Secrecy Act USA PATRIOT Act and OFAC)
- Possess expertise in the Risk & Control Self-Assessment framework and related Enterprise Risk Management guidelines procedures and requirements.
- Maintain an ongoing thoughtful and collaborative relationship with the business.
- Perform complex compliance tasks as assigned (including but not limited to risk mitigation strategies participation in new or existing system and operational implementation)
- Lead the research interpretation summary and corporate guidance for new and changing financial institution laws and regulations as applicable.
- Collaborate with the Chief AML Officer Financial Crimes Risk Management Directors and other stakeholders on AML/OFAC compliance issues initiatives and projects.
- Actively participate in regulatory examinations as required.
- Provide senior managers with reports and information for the purpose of day to day follow-up on open compliance issues decision-making tactical objectives and strategic planning.
- Special projects/other duties as assigned.
MARGINAL OR PERIPHERAL FUNCTIONS
- Represent Financial Crimes Governance in various corporate initiatives.
- Facilitate Continuous Improvement projects.
REQUIRED QUALIFICATIONS
- Prior experience performing or supporting risk assessments.
- Bachelors degree
- Prior experience in financial institution (i. e. bank and securities industry) compliance Risk Management or audit related activity
- Ability to multi-task
- Initiative-taking
- Ability to work independently.
- Strong research analytical and critical thinking skills.
- Excellent verbal and written communication skills including group and executive presentations and meeting facilitation.
- Exceptional relationship building skills.
- Knowledgeable about banking/business organizational structures and understanding of how to get things done through formal channels and informal networks.
- Knowledge about banking products and services and the BSA/AML and OFAC risks they present.
- PC Skills (i.e. MS Word Teams Excel PowerPoint and e-mail.)
PREFERRED QUALIFICATIONS
- Knowledge of Governance Risk & Compliance (GRC) and RCSA
- Relevant professional certification (e.g. CFCS CAMS)
- Audit background
- Strong strategic and consultative skills; experience in process improvement strategic planning change management business integration.
- Comprehensive knowledge of the operational technical and functional structure of the Key organization
- Knowledge of Keys internal systems and AML Program
- Knowledge of FFIEC Examination Manual and/or SEC AML related guidance and regulations
- 5 years AML/OFAC related experience or comparable experience
COMPETENCIES/SKILLS
- Analyze substantial amounts of data.
- Communicate effectively.
- Comprehends compliance laws and regulations.
- Uses sound judgment.
- Fosters teamwork
- Displays Organizational Savvy
EQUIPMENT USED
- PC Fax Copier various software applications
TRAINING REQUIRED
- On-the-job training
- Classes and/or Seminars as available and within budget guidelines as needed to maintain related professional certification. (i.e. recommended thirty continuing education hours per year)
- Continuing subject matter education through classes seminars and relevant certification programs
JOB LOCATION
Minimum 3 days per week at the Tiedeman KeyBank office in Brooklyn OH (subject to change based on KeyCorps return to office policy).
Job Posting Expiration Date: 08/17/2025 KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability or veteran status.Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing
Required Experience:
Senior IC
Employment Type
Full-Time
