BSAAML Regulatory Issue Verification – Internal Audit
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Job Location:
New York City, NY - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
BSA/AML Regulatory Issue Verification Internal Audit (5 roles)
Location: NYC (Preferred) Baltimore or Remote (Secondary)
Experience (in years): 10 years in Regulatory audit for large U.S. banks (JPM Morgan Stanley Citi etc.) or International Financial Institutions (HSBC Barclays UBS DB etc.)
Duration: November 2025 to June 2026
Summary:
Seeking a team of regulatory auditor with experience performing audit closure verification testing and BSA/AML subject matter expertise. The roles require knowledge of BSA/AML controls including suspicious activity monitoring and reporting and customer due diligence (onboarding customer risk ranking enhanced due diligence (EDD)).
Scope and Deliverables:
Oversee completion of closure verification testing of junior auditors performing design and operational effectiveness testing of Fed/OCC issue remediation actions
Perform design and operational effectiveness testing of Fed/OCC issue remediation actions
Interact with management action owners
Assess documentation of action plan completion
Select and test operational instances of new and enhanced controls supporting action plan completion
Skillsets Required:
Advanced understanding of audit issue verification techniques
Experience with US regulatory expectations
Advanced understanding of suspicious activity monitoring controls (i.e. automated monitoring and case management systems; AML risk typologies; transaction alert creation and disposition; financial crimes investigations; SAR reporting; policies and procedures; program governance)
Advanced understanding of customer due diligence (i.e. customer onboarding workflows; customer risk assessments; CIP/CDD/EDD regulatory and industry expectations; periodic reviews; ongoing customer activity reviews; policies and procedures; program governance)
Seeking a team of regulatory auditor with experience performing audit closure verification testing and BSA/AML subject matter expertise. The roles require knowledge of BSA/AML controls including suspicious activity monitoring and reporting and customer due diligence (onboarding customer risk ranking enhanced due diligence (EDD)).
Scope and Deliverables:
Oversee completion of closure verification testing of junior auditors performing design and operational effectiveness testing of Fed/OCC issue remediation actions
Perform design and operational effectiveness testing of Fed/OCC issue remediation actions
Interact with management action owners
Assess documentation of action plan completion
Select and test operational instances of new and enhanced controls supporting action plan completion
Skillsets Required:
Advanced understanding of audit issue verification techniques
Experience with US regulatory expectations
Advanced understanding of suspicious activity monitoring controls (i.e. automated monitoring and case management systems; AML risk typologies; transaction alert creation and disposition; financial crimes investigations; SAR reporting; policies and procedures; program governance)
Advanced understanding of customer due diligence (i.e. customer onboarding workflows; customer risk assessments; CIP/CDD/EDD regulatory and industry expectations; periodic reviews; ongoing customer activity reviews; policies and procedures; program governance)
Key Skills
- Presentation Skills
- Data Analytics
- Risk Management
- Financial Services
- COSO
- GAAP
- Fraud
- Accounting
- SOX
- Quality Management
- Internal Audits
- Leadership Experience
